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Bookkeeping Online Job for Filipinos - Earn P50,000 / Week!! | Bookkeeper - YouTube
Channel: James Tristan Ruiz
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but when I was unlimited rate I started at 9 dollars per hour
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and the number of hours you work depends on you
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and depends on what you do
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okay home mates
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we have a good video again today
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I will share a new skill with you
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that you can be a work from home or online jobs
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I have many clients who hire this position
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on freelancing websites
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okay ka-home mates
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maam jenneth is with us now
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because she is the expert here in bookkeeping
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so maam jenneth let's start right away
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what is your work or do you do as a bookkeeper
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as a bookkeeper
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we are preparing a financial report for our clients
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or you can create their invoices
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create their bills
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record their expenses related to their sales
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that is the overview as a bookkeeper
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it's like you're making a report
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it is more on numbers
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and you will analyze transactions
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you will identify
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which is expenses
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which is revenue
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so you can prepare a financial report
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okay maam jenneth
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in that kind of work, how much is the salary range
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like from beginner
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when you are just starting
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until now you have been in that work for a long time
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salary range maam?
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okay, when I started
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my salary started at 20 thousand
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the fixed rate
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that means it is a full time
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but when I was unli rate
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I set 5 dollars per hour
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and then the number of hours you will work
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depends on you
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and depends on what you will do
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now, that we have been in this business for a long time
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if you really have that experience
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you can earn up to 200 thousand pesos a month
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okay maam jenneth
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that's your work, there are numbers
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is that required to the client or in that kind of work?
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graduated in accounting?
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or bookkeeping course
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that's a very good question
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because
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that's one of the myths of bookkeepers
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they said the bookkeeper had to be an accounting graduate
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which is a big no
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because the bookkeeper doesn't need to be an accountancy graduate
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because a bookkeeper
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you don鈥檛 have to study all the ins and outs of accounting
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you are a bookkeeper
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which deals more on
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data entry
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and recording transactions
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and analyzing
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because accounting is a different level
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if asked
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if required to be an accountancy graduate
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it's not
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if you have knowledge about basic bookkeeping
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debit, credit
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and you know the
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expenses
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revenue
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you know how to categorize
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you know how to identify
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which are the bills
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which are the expenses
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then you can start your bookkeeping career
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that's good
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the hearts of the viewers were enlivened
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because accounting is not required
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but ma'am jenneth
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but that is advantage
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if you finished accounting
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or bookkeeping
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it has a big advantage
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yes it is a big advantage
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because you already have knowledge about accounting
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you already know the ins and outs of bookkeeping
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clients maybe sometimes
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maybe there are clients
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that prefers graduated
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maybe there is
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maybe there are also some that they no longer require
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good you mentioned
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because
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when it comes to clients
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they don't really care if you graduate in accountancy
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what they are looking at is the result that you can deliver
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because based on my experience
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I have met many clients
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throughout the way as a bookkeeper
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I think out of 10
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only two asked what course I graduated
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but the rest
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they didn鈥檛 ask if I was a graduate
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what course do I graduate
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if accountancy
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if I have knowledge about bookkeeping
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what they immediately ask me
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what is the result that you can deliver
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can you do this in the job description?
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if your answer is yes
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you can deliver it
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and you can prove to your prospect client
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that you can do
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then you have a good chance of being hired
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even you don't have a degree in accounting
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it's amazing, ka-home mates, right?
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actually not just like that
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even in other jobs
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the result is really important
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you can do something
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you will be hired without asking what degree did you finish
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but I didn't expect in bookkeeping
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it's the same
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there are lots of clients that
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are not asking what you finished
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but is there an accounting position in online jobs
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there is also, right?
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yes, it has.
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they are called accountants
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we have bookkeeper
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there is also an accountant
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and also CPA
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the difference of the three
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the bookkeeper is more on data entry
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but it also analyzes
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enters expenses
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revenues in accounting software of the client
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the account can be a bookkeeper
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the accountant has a degree in accounting
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to be called an accountant
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then
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the CPA
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Certified Public Accountant
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an accounting graduate
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who passed the board
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what the CPA does
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he is the one who audits what the accountant and bookkeeper do
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the rest of us just found out about it
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so accountants, and CPAs
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are often required a degree by the client
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maybe that's often, right?
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yes, exactly
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bookkeeper sometimes it requires degree but many do not
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that's true
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so if you have no experience
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and want to try bookkeeping
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just try it
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you will not know
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there is nothing wrong with trying
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okay ka-home mates and Ma'am Jenneth
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let's explore your work a bit more
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because we want viewers to picture your work
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because ma'am said data entry
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will put expenses and income
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that it ka-home mates
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let's talk about that a bit Ma'am Jenneth
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let's just expand a bit in layman's term
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in your work
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Let's take it one by one so that viewers can comprehend
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so let's start with data entry
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income and expense
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let's start with income
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of course with income
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salary, right?
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all of that salary
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what kind of client salary do we put there?
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or what kind of income, like that
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it depends
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in bookkeeping
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there are many industries you can enter
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we have construction
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education
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real estate
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e-commerce
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drop shipping
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everything
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so just imagine
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there are different companies here in the Philippines
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right?
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the same goes for bookkeeping
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it depends on your future client
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if your client is an e-commerce business owner
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the income you will record
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his sales using his shopee pay or amazon account
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if here in the Philippines
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this is what we call Lazada
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and Shopee
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like that
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you will record how much he earned that day
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on that website
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it is like
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so it is called data entry
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because you will put to the accounting software the data and income
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yes that is right
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what went in there in his bank
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you will have an access to his accounting software
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you can see how much came in
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how much came out
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so what came in are possible income
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you will record what kind of income is that
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so ka-home mates
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the reason why it calls data entry
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how about expenses
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let's give an example
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how do you record or what are the recorded expenses
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if the income is coming in
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the expenses are out of the bank
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we have many kinds of expenses
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but in online bookkeeping
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common there is the software they use
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similar to communicating with another client
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or another person
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we have zoom
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they are paying for a subscription
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they are paying the subscription on their amazon or shopee pay account
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or Skype
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they pay for all that
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like Google
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they are advertising using Facebook
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Google
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all that will be recorded
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that's an example of expenses
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there are also food-related expenses
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that your client got into running the business
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so that's what we call food and beverages
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or sometimes called meals and entertainment
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just to be easy
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if you have a bank
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something came in and something came out
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it came out what did you buy?
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you will just record it
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I brought bread and I will record it
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bread and how much
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that's it ka-home mates
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it is well explained by Maam Jenneth
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the expense
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how much the exact amount
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how much the exact pay
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you will record it
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in simple words, you will type it in their software
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what is an invoice that you are doing, Maam Jenneth?
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okay
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an invoice
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is ready for accounting software
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you will just encode it
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what kind of product that the customer brought
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what kind of services that you render for your client
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is it clear ? or not?
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is that the receipt?
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yes it is a receipt
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if you have the receipt you will record the invoice number
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and price
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actually the invoice number
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it is automated by a system
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what you will enter is
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that the kind of product that the customer brought or services that you render
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that's it
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and how much the amount
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and then that's it
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you will send to his client
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and that what they call invoicing
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okay Ma'am Jenneth
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in the bookkeeping or bookkeeper
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what is your schedule?
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is it a flexible time?
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or is it full time? 9-5 hours
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how is your work schedule as a bookkeeper
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me? as a bookkeeper
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my schedule is flexible
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that means
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any time and day I can do it
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as long as
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I can deliver the result at the time he wants or on the due date he wants
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is it monthly?
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you are preparing a report monthly
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and weekly you are working for your clients
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yes
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I work weekly with the client
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and then the report
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there is a client who asks weekly
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there is a client who asks monthly
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so it depends on the client
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I have a client that is weekly
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so it means
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for that client, I need to be able to submit every Friday
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similar today
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the report
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and then I get paid weekly
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the is a client that is monthly
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but that monthly, I do it every day
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so that I will not be overwhelmed with work
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because it is also difficult when you record too many transactions
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then you only do it once a month
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it is hard
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you need to manage your time every day
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but a bookkeeper is very flexible
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but
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it still depends
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because there are clients who want you to be full time
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it means
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you will only work for him
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there is also a part time
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which means
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this time
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for example
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8 PM night until 12 AM
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you have to work for him
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we have what is called a freelance
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that's the type of my schedule
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because since I'm a freelancer, the client doesn't hold my time
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I hold my time
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Ma'am Jenneth
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Are most of them long-term clients?
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or per project?
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like once a month
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or once in two months, you will only have a project with him
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what is that? Is it continuous or just per project?
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okay
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since bookkeeping is in demand
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and the business owner really needs to see
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what is his status when it comes to finances
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there are clients who will hire you for one year
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or there is also per project
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it means
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once you finish this month
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it is finished
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so you need to find someone else
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so that's how it is
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there is ongoing
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that is called ongoing client
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and there is also
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per project client
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Okay Ma'am Jenneth
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we're doing data entry in that kind of work
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you are inputting data and expenses on the software of the client
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what software does the client usually use in such bookkeeping?
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or as a bookkeeper?
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okay
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if you are a bookkeeper
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it is better if you know the Xero
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and Quickbooks
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that's the common two
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they are common in bookkeeping
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and then additional software
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it is better if you have knowledge about A2X and InventoryLab
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you know how to access Amazon and Shopee pay
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if it is an e-commerce business
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but the most common
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are Xero and QuickBooks
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so that Xero and QuickBooks
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give us a short description
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what is that software for?
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Xero and Quickbooks are both accounting software
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where all your client's accounting data
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you will record there
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it is like the software organizes the finances or income expenses of your client
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in one folder
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or one software
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so that's it
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so when the client goes to the software, he will see the report immediately
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he can access it immediately
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and make your recording easier
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which means
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you will just enter and the software will create an entry
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the bookkeeper鈥檚 job is easier when using accounting software
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okay ka home mates, that's it
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a very quick description
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that software is used by bookkeepers and clients
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to enter income, expenses, etc.
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so Maam Jenneth has full tutorials
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about Xero and Quickbooks
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and other accounting software
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home mates, if you want to learn about that
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if you are interested
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Maam Jenneth said that
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not required to be an accounting graduate
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or maybe even without experience
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learn about it
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go to Maam Jenneth's channel
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search her tutorial about Xero and Quickbooks
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and other accounting software
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check on Maam Jenneth's youtube channel
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Maam Jenneth what is often required by clients
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for example, you are applying
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they replied to you
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or to their job posting
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what are their frequent requirements?
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first, what skill?
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second is equipment
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are they requiring a laptop?
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if you want to offer bookkeeping services to your client
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you need to have your own laptop
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you have a fast internet
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make sure it is working properly
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it is not lagging
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because when it lags
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it means you will not be productive
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you will wait too long
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to process one data
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make sure it is a working laptop
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you have a reliable internet connection
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and of course, you know how to use the computer
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that are the basic things you should have
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and of course, you know how to use Xero and Quickbooks
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and of course, you need to know how to analyze data
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when you view a document
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you can identify what transaction it is
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or what category it will fall
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what expenses should be recorded
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what income should be recorded
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so that's how it is
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you must be able to analyze data
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So Maam Jenneth that's another job of a bookkeeper
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it is like a big factory
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analyzing is a big job
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determining what kind of transaction it is
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that's a big part of you
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that is true
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because when you can't identify,
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it would be difficult and you will be stucked in that process
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Maam Jenneth, do you have a tutorial?
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in analyzing a data like that
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actually, not yet
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because right now I'm more on Xero
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I am introducing them to the software first
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so that is it home mates
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if you want this
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again, you can visit Maam Jenneth's Xero tutorial
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I want to teach you about that
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but I can't do that
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there are experts when it comes to such
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they will teach you about the software
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again Ma'am Jenneth
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does the client require experience?
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experience is not required
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but
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it is better that you are dedicated
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because when I started I had no experience
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totally nothing when it comes to online jobs
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so what I did
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I just proved to my client that I could deliver the result
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and I have the skill they are looking for
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which is I can analyze data
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and I could work even when I'm at home
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I can deliver a result to him even if we are far apart
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that is how it is
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Ma'am Jenneth
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where will they see you?
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like where they can find you
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where they can learn from you
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if you want to learn about bookkeeping
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the use of software used by a bookkeeper
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you can visit me on my youtube channel
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which is Kajea Vlogs
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I teach more about bookkeeping
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and online work related to a virtual assistance
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and bookkeeping
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so that is it home mates
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thank you for watching
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see you next time
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it is nicely shared by Ma'am Jenneth
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