Accounting and Taxes for Your Fashion Resale or Boutique Business from Kreithchele Barnard

Module 3 Overview (0:50)

Lesson 19 – Accounting Software (4:37)

Lesson 20 – Setting Up Your Books (5:07)

Lesson 21 – Documentation (3:32)

Lesson 22 – To Dos (5:59)

Lesson 23 – Recording opening balances for your business (3:37)

Lesson 23a – Opening Balances Financing – Cash (2:20)

Lesson 23b – Opening Balances Financing – Inventory (5:10)

Lesson 23c – Opening Balances Financing – Your Own Stuff (5:00)

Lesson 23d – Opening Balances Financing – Fixed Assets (5:30)

Module 3 Action Item (1:00)

Module 4 Overview (0:40)

Lesson 25 – Accounting for Inventory (0:40)

Lesson 25a – Asset vs Expense (5:25)

Lesson 25b – Expense – Cash basis (3:30)

Lesson 25c – Asset – Accrual basis (4:53)

Lesson 25d – Asset vs Expense Conclusion (1:06)

Lesson 25e – Accounting for Personal Items (4:22)

Lesson 26 – Tracking Inventory (4:18)

Module 5 Overview (0:28)

Lesson 27 – Overview of Sales (3:05)

Lesson 28 – Factors to Consider in Setting Sales Price (1:02)

Lesson 28a – Profit, Sales Tax, Cost and Commission (4:55)

Lesson 28a1 – Sales Price Calculator (6:23)

Lesson 28b – Value Your Time (6:48)

Lesson 28b1 – Value of Time Calculator (6:12)

Lesson 29 – Accounting For Sales (0:19)

Lesson 29a – Cash vs Accrual (3:35)

Lesson 29b – Bundles Sales (0:33)

Lesson 29c – Set Bundle Discount – Cash basis (1:18)

Lesson 29d – Set Bundle Discount – Accrual basis (1:45)

Lesson 29e – $ Offer on Bundle – Cash basis (1:52)

Lesson 29f – $ Offer on Bundle – Accrual basis (1:23)

Lesson 29g – Bundle calculator (8:11)

Module 6 Overview (0:24)

Lesson 30 – Overview of Expenses (0:46)

Lesson 31 – Cost of Goods Sold (3:32)

Lesson 32 – General & Administrative Expenses (3:10)

Lesson 32a – General & Administrative Expenses – detail 1 (7:01)

Lesson 32b – General & Administrative Expenses – detail 2 (6:05)

Lesson 32c – General & Administrative Expenses – detail 3 (6:15)

Lesson 32d – General & Administrative Expenses – Vehicle (4:49)

Lesson 32e – General & Administrative Expenses – Home Office (4:08)

Module 7 Overview (0:43)

Lesson 33 – Overview of Recordkeeping (1:07)

Lesson 33a – Recordkeeping (6:31)

Lesson 34 – Financial Reporting (1:35)

Lesson 34a – Financial Reporting – Balance Sheet (2:00)

Lesson 34b – Financial Reporting – Income Statement (2:56)

Lesson 34c – Financial Reporting – the link between financial statements (6:33)

Lesson 35 – Financial Analysis (0:52)

Lesson 35a1 – Vertical Analysis – Balance Sheet (1:20)

Lesson 35a2 – Vertical Analysis – Income Stmt (2:41)

Lesson 35b1 – Horizontal Analysis (2:36)

Lesson 35b2 – Horizontal Analysis – Balance Sheet (1:20)

Lesson 35b3 – Horizontal Analysis – Income Statement (3:38)

Lesson 35c – Ratios (0:57)

Lesson 35d – Receivables Ratios (3:09)

Lesson 35e – Inventory Ratios (2:23)

Lesson 35f – Income Statement Ratios (5:42)

Module 8 Overview (0:24)

Lesson 36 – Income Tax Overview (3:16)

Lesson 37 – Income Tax Specifics (2:27)

Lesson 37a – LLC (3:45)

Lesson 37b – LLC – Single Member (3:36)

Lesson 37c – LLC – Non-Single Member (4:39)

Lesson 37d – S-Corp (2:57)

Module 9 Overview (0:26)

Lesson 38 – Sales Tax Overview (2:57)

Lesson 39 – The Complexity of Sales Tax (3:52)

Lesson 39a – Sales Tax Varies by State (1:59)

Lesson 39b – Origin based Sales tax (2:14)

Lesson 39c – Destination Based Sales Tax (3:35)

Lesson 40 – Sales Tax Reporting (5:46)