A Detailed Breakdown of The Bulletproof Bookkeeping Process and How it Works

A Detailed Breakdown of The Bulletproof Bookkeeping Process and How it Works

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Watch all 6 videos (you can binge them) right here: 👉 A Detailed Breakdown of The Bulletproof Bookkeeping Process and How it Works.

Also registration for the Bulletproof Bookkeeping Bonus Program is open until Friday April 24.

Recently I had an experienced bookkeeper who hired me for a 1:1 session.

It was the beginning of all of this COVID-19 madness, and she needed to run scenarios in a financial model on her client’s payroll.

Sounds sophisticated right? 

I showed her how to do it in about 10 minutes.

Her response was, “Oh wow I was overthinking it. I can’t believe how simple you just made that for me.”

In this video I am going to show you the entire big picture process for how to get Bulletproof Books. 

I am going to give you the “checklist.” 

Grab a pen and paper, or pop open your favorite note taking app because what I am about to share with you in this video is not something I’ve shared specifically before.

As an auditor we had a saying that you “beat the hell out of the balance sheet and then go through the P&L (Profit and Loss).”

That’s the ticket right there.

Earlier I gave you a list of criteria. 

Remember the 5 things an auditor needs to verify?

  • Accuracy
  • Classification
  • Completeness
  • Cutoff 
  • Occurrence

The Balance Sheet is your checklist.

When I realized this as an Auditor, I later took this concept and flipped it into a system for how you record transactions in a way that makes the books “Bulletproof.”

So you can prove every number.

And answer any questions!

In the next video I will share 2 accounts with you of how I was able to help one client get out of an audit clean, and another to get financing to expand his business.

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