Want Access to This Video?

Patrons use your regular password to access the video.

Click the key above to sign up.

Once you sign up, check the feed, and you will find a recent post with the password.

If you’ve reviewed this course in it’s entirety, then by now you’ve hopefully picked up on something very important. While the software may look and function differently, the underlying bookkeeping fundamentals are exactly the same. Debits are still debits. Debits still increase assets & expenses. Software will never change that. Credits are still credits. Credits still increase income, liabilities, and equity.

Zoho Books is no exception. when we look at Owner / Shareholder, Member, or Partner contributions, or distributions, we still see the same things. Net income from the income statement closes out to the equity section of the balance sheet. Contributions still increase equity, and distributions decrease equity. Nothing changes.

Watch the video from this final lesson in the course, and see how to use Zoho Books to manage the equity section of the balance sheet.