<?xml version="1.0" encoding="UTF-8"?><rss xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:atom="http://www.w3.org/2005/Atom" version="2.0"><channel><title><![CDATA[Deardorff Bookkeeping LLC]]></title><description><![CDATA[ Deardorff Bookkeeping LLC is a family operated bookkeeping business located in the San Bernardino mountains.]]></description><link>https://www.deardorffbookkeeping.com/blog</link><generator>RSS for Node</generator><lastBuildDate>Thu, 30 Jul 2026 19:16:18 GMT</lastBuildDate><atom:link href="https://www.deardorffbookkeeping.com/es/blog-feed.xml" rel="self" type="application/rss+xml"/><item><title><![CDATA[Intro to Deardorff Bookkeeping]]></title><description><![CDATA[Thanks for checking out our blog! Deardorff Bookkeeping is our pride and joy, and we’re stoked to include all of you in our lives and experiences. Our business was built with family (even our dog, Scout) and camaraderie in mind. Let's learn together!]]></description><link>https://www.deardorffbookkeeping.com/post/intro-to-deardorff-bookkeeping</link><guid isPermaLink="false">698e5dc4ca45373469e87ef1</guid><pubDate>Thu, 12 Feb 2026 23:01:53 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/9120c0_ca3f39568ac9468aa7906735832156d9~mv2.avif/v1/fit/w_925,h_559,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>janetldeardorff</dc:creator></item><item><title><![CDATA[Avoid these three bookkeeping mistakes or risk losing your business!]]></title><link>https://www.deardorffbookkeeping.com/post/avoid-these-three-bookkeeping-mistakes-or-risk-losing-your-business</link><guid isPermaLink="false">69b1fd2ea547e1dd3d808b69</guid><pubDate>Wed, 11 Mar 2026 23:39:43 GMT</pubDate><enclosure url="http://video.wixstatic.com/video/9120c0_428a623ea75b46f48f9ea904d3dafa78/1080p/mp4/file.mp4" length="0" type="video"/><dc:creator>janetldeardorff</dc:creator></item><item><title><![CDATA[What is a ledger?]]></title><description><![CDATA[A ledger is the master record where all financial transactions are organized by account.  Think of it as the brain of the bookkeeping Every dollar that moves through a business eventually lands in the ledger, sorted into categories. Transactions happen first. Then they get classified and stored in the ledger. For example: Date      Description          Debit   Credit Mar 1     Office supplies      $50 Mar 1     Cash                          $50 The entry eventually lives inside the office...]]></description><link>https://www.deardorffbookkeeping.com/post/what-is-a-ledger</link><guid isPermaLink="false">69a893ce19d1c2714029bb80</guid><pubDate>Wed, 04 Mar 2026 20:21:47 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/9120c0_d85b576e31e947e5a0f13fd979f6eab2~mv2.jpg/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>janetldeardorff</dc:creator></item><item><title><![CDATA[Cash-In vs Cash-Out]]></title><description><![CDATA[What is Cash in and Cash out? Cash-in and Cash-out refer to the inflow and outflow of money is a business Cash-in represents deposits and revenue into a system Cash-out represents withdrawals or expenses Cash out   can sometimes mean to convert assets, investments. &#38; winnings into actual numbers Cash is the lifeblood of your business It's very important to understand how money moves in and out of your business so that you can  Avoid shortages Make informed business decisions Invest wisely in...]]></description><link>https://www.deardorffbookkeeping.com/post/cash-in-vs-cash-out</link><guid isPermaLink="false">699b9dd3cfa5020e41bd194c</guid><pubDate>Mon, 23 Feb 2026 00:23:06 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/9120c0_bc41af03b4ff430abc7b66c0a10fd34c~mv2.png/v1/fit/w_581,h_335,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>janetldeardorff</dc:creator></item><item><title><![CDATA[What is a Profit and loss statement? Part 2/2]]></title><description><![CDATA[Continuing on from our last video, I wanted to go over some major components of the Profit and loss statement  Gross Profit: The money you earned before subtracting the cost of goods sold. Such as the money inside the register COGS (cost of goods sold) which lists the prices of all products sold in store Revenue: The cash left after subtracting COGS from Gross Profit Operating Expenses, the money used to keep the business operational, such as utilities or rent or salaries. Finally our Net...]]></description><link>https://www.deardorffbookkeeping.com/post/what-is-a-profit-and-loss-statement-part-2-2</link><guid isPermaLink="false">6997b532b8ed19d283749d97</guid><pubDate>Fri, 20 Feb 2026 01:13:40 GMT</pubDate><enclosure url="http://video.wixstatic.com/video/9120c0_7908da14b1aa439683d7c0ae3cdf73fb/1080p/mp4/file.mp4" length="0" type="video"/><dc:creator>janetldeardorff</dc:creator></item><item><title><![CDATA[What is a profit &#38; Loss statement? How is it used?]]></title><description><![CDATA[A profit and loss statement (also called a P&#38;L or Income Statement) is used for calculating profit by comparing revenue to expenses  Cost of goods sold &#38; Operating expenses To determine how much money your business made you can use these equations Gross Profit - Cost of goods sold - operating expenses =  Profit or a loss HERE'S AN EXAMPLE: You sell your products at your store leaving you with a total gross profit of “X” This gross profit (“X”)  is then subtracted by the cost of goods sold and...]]></description><link>https://www.deardorffbookkeeping.com/post/what-is-a-profit-loss-statement-how-is-it-used</link><guid isPermaLink="false">69962b7f658df599f4fc549d</guid><pubDate>Wed, 18 Feb 2026 21:14:58 GMT</pubDate><enclosure url="http://video.wixstatic.com/video/9120c0_b2ec0c7bbf8c43b0a59db9f4030adf44/1080p/mp4/file.mp4" length="0" type="video"/><dc:creator>janetldeardorff</dc:creator></item><item><title><![CDATA[What is Equity?]]></title><description><![CDATA[Assets = Liabilities + Equity The balance sheet equation can be rewritten depending on the answer you need Assets are things that a business owns or that generate revenue Liabilities are debts the business owes to another entity. It’s important to remember that liabilities such as loans can help owners finance their companies   So, what is Equity? Equity is an investment. The money you have left over after you subtract liabilities from your assets. A good way to understand this: A house is an...]]></description><link>https://www.deardorffbookkeeping.com/post/equity</link><guid isPermaLink="false">698e5dc4ca45373469e87ef7</guid><pubDate>Thu, 12 Feb 2026 23:01:53 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/9120c0_9725293941d44ae789c752f5f8b70000~mv2.png/v1/fit/w_894,h_432,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>janetldeardorff</dc:creator></item><item><title><![CDATA[Bookkeeping in Six steps Part 1]]></title><description><![CDATA[What is Bookkeeping? Bookkeeping is the systematic daily process of recording, categorizing, and summarizing a business's financial transactions. builds a solid foundation for business growth by maintaining organized and accurate financial records. It can help you make informed business decisions.    It's more than just a way to stay organized, it can help you save money, make money, and make good decisions. Many owners dread this responsibility, but it is a vital part of owning a business....]]></description><link>https://www.deardorffbookkeeping.com/post/bookkeeping-in-six-steps-part-1</link><guid isPermaLink="false">698e5dc4ca45373469e87ef8</guid><pubDate>Thu, 12 Feb 2026 23:01:53 GMT</pubDate><enclosure url="http://video.wixstatic.com/video/9120c0_b6ed07d11a384012b1dc9ead5ad75289/1080p/mp4/file.mp4" length="0" type="video"/><dc:creator>janetldeardorff</dc:creator></item><item><title><![CDATA[What is Quickbooks, and how is it used?]]></title><link>https://www.deardorffbookkeeping.com/post/quickbooks-introduction</link><guid isPermaLink="false">698e5dc4ca45373469e87efa</guid><pubDate>Thu, 12 Feb 2026 23:01:53 GMT</pubDate><enclosure url="http://video.wixstatic.com/video/9120c0_14514449d6ba4c498ee23be84ac4c117/1080p/mp4/file.mp4" length="0" type="video"/><dc:creator>janetldeardorff</dc:creator></item><item><title><![CDATA[Bookkeeping in Six Steps Part 2]]></title><description><![CDATA[The fourth step is to prepare the financial statements.  There are 3 important reports that need to be completed.            1) Income statement or Profit and Loss ( monthly, semiannually, yearly)          2) Balance Sheet (aka snapshot of business' net worth)          3) Statement of Cash flow  (span of time)           The fifth step is to review the financial statements.                        1) Income Statement--Revenue, COGS, and Operating expenses      *This is a great overview of the...]]></description><link>https://www.deardorffbookkeeping.com/post/bookkeeping-in-six-steps-part-2</link><guid isPermaLink="false">698e5dc4ca45373469e87ef9</guid><pubDate>Thu, 12 Feb 2026 23:01:53 GMT</pubDate><enclosure url="http://video.wixstatic.com/video/9120c0_48d4f4297541495381f099046bd1d340/1080p/mp4/file.mp4" length="0" type="video"/><dc:creator>janetldeardorff</dc:creator></item><item><title><![CDATA[What is an Asset?]]></title><description><![CDATA[Bookkeeping as a whole relies on a few concepts that are necessary to the business. Some of these terms include Assets, Liabilities, Equity, Revenue, Expenses, &#38; Profit &#38; Loss . Today I wanted to help define an asset to help you better understand your finances.  Remember,  Assets = Liabilities + Equity. Assets are the property and cash your business owns that has value.  What are some forms of assets, Logan?  Some forms of assets are Cash, Vehicles, Tools &#38; Equipment, Buildings, &#38; Trademarks....]]></description><link>https://www.deardorffbookkeeping.com/post/assets</link><guid isPermaLink="false">698e5dc4ca45373469e87ef5</guid><pubDate>Thu, 12 Feb 2026 23:01:53 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/9120c0_8cd4132ec54d4ac89627d0287a4390f5~mv2.png/v1/fit/w_587,h_279,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>janetldeardorff</dc:creator></item><item><title><![CDATA[What are Liabilities?]]></title><description><![CDATA[Remember Assets = Liability + equity A liability is what your company owes to another entity, whilst an asset is the opposite.  Liabilities can come in many forms just like assets. Some of these are Accounts Payable which is the money you owe such as a pending invoice, Or even Credit card payments and Loans. Some other liabilities are Wages owed, Rent payments, and even Taxes. Not all liabilities are bad and some can even help leverage your own assets for profit.]]></description><link>https://www.deardorffbookkeeping.com/post/liabilities</link><guid isPermaLink="false">698e5dc4ca45373469e87ef4</guid><pubDate>Thu, 12 Feb 2026 23:01:53 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/9120c0_c4cea0c7470448be81b9e0fcfb72fd40~mv2.png/v1/fit/w_406,h_267,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>janetldeardorff</dc:creator></item></channel></rss>