One of the most common search terms for women in the dating mating and relating realm is why men pull away Why does this happen? Why do guys seem to want to in the beginning invest in a relationship only to do a 180 a turnaround a pullback? And sometimes worse a complete disappearing act, which we call as ghosting. Why does this happen? You know, it's interesting Before I dive into that, I want to share something that I posted on my social media that I think might help understand this I posted the following. I want to read this to you all It's it's based on a compilation of information. I've gotten from other people and the the post goes like this courting was replaced by dating And dating has been replaced with hooking up If true, why is that? Why? Okay, so what what is really being said here? And how does this relate and by the way? This is a Sweeping generalization that may or may not be true and yet the same time it might feel true for a lot of people So the belief about courting was that at some time in the past men who were very intentional about marrying a person would go through some sort of Some some sort of acts if you will by by maybe doing chaperoned Dates with a person being interviewed by the person's mother and father and usually a very quick Segway to the altar Okay, but I think what was unique about courting and I'm not suggesting that there wasn't hooking up back in the day And there wasn't just dating back in the day But courting was something intentional And this is true for a lot of cultures that certainly had a range marriage and whatnot Now I would say that courting today is almost non-existent at least here in the united states and what replaced it is dating And dating is basically your trial run with someone to see if you want to invest in a possible long-term relationship And I say trial run It's more like these days. It almost feels like shoe shopping In other words, you go to a department store you try on a pair of shoes You may or may not walk out with a pair of shoes and you can go back and and if you buy your shoes from Nordstrom's You can purchase your shoes wear them for six months and return them and get a full refund. Okay What I think's happened today in dating and this is predominantly because of these swipe devices We we have basically a limp. We have we have not eliminate we have have created The perception that human beings are rather disposable and they're easy to replace I'm repeat that the perception is that human beings are rather disposable and easy to replace So with the swipe at advent, there's the belief that hey, you know, or excuse me in the current dating marketplace um Basically, if you you meet up with someone and you you you want to pursue them physically But you're like, no, they're not the one you could just go back online And replace them. That's what's happened through this medium of technology The other thing that's happened and I think this is predominantly because of birth control is that the access to Non consequential sex and what I mean by the consequence of having a baby And by the way, you know condoms also contribute to this as well Is allows for more freer sex without any commitments? And so this I think is one of the major differences in the way we perceive the past versus the way things are currently Happening in the dating mating marketplace. Okay So how does this relate to men pulling away? I think one of the biggest challenges today in the dating marketplace is that for the most part, we're meeting total strangers For the most part When you meet a total stranger, if you don't know their back store, you rarely know their back store, you know very little about their Childhood their upbringing people associated with their lives So we have to do a lot more digging in the early phases to see if we're compatible with a person And yet we've adopted throughout centuries throughout eons that chemistry equals relationship success Chemistry equals relationship success. So if two people are physically attracted to one another They can engage in a relationship only to find out these days that you might be incompatible This is why one of the things I do in my private coaching By the way, there's a link right here to schedule a pre-discovery call with me. And by the way, there's a link below My whole role as a coach is to teach you what questions you should be asking in the early states of dating Especially before you give your heart to a man These questions are based on your personality to determine if they're truly compatible with you and more importantly vetting if they're emotionally mature enough to be in relationship because Since this topic is about men over 40 well roughly 75 of people Who are over 45 years old who are in the dating marketplace are divorced And with divorce comes an unraveling of the tapestry of our old lives And many people are in some state of trauma Through this experience or they have child and wounds and traumas that have gone unaddressed And then they repeat patterns of emotional unavailability or worse Poor relationship skills and poor emotional maturity in any future relationship Why is this important to know Because folks stop being naive to the idea that chemistry equals relationship success Stop being naive to the idea that men are the hunters and all they have to do all you have to do is Sit back in your feminine energy and let him claim you Well, yeah, a man might claim you physically for the purpose of sex But he may not even be remotely capable enough to be in a relationship This is why you know to some degree you have to be your own matchmaker Now what I mean by your own matchmaker is that you Ask the questions to determine if you're compatible with one another ask the questions early on to determine if your lifestyles are blendable And more importantly ask the deeper questions to determine If you're actually with a person that's emotionally mature enough to be in relationship because financial success of a person Does not equal emotional maturity. Let's get that, you know, someone who's successful a high value man Doesn't mean that they're emotionally capable enough to be in a relationship So One of the things people don't like the fact that in my coaching It might seem like an interview process, but I want you to think about an interview process If you're trying to get a job from a company and you'll do anything to do it Then the person is interviewing you for the job at what's called the job of girlfriend Okay, if you put this person up on a pedestal But in a true job interview the person is interviewing you and you're interviewing them And what interviewing means is an exchange of conversation To determine if there's a mutual compatibility with one another. That's what an interview is Now some might think that you're interrogating a person Well interrogation is a one-sided event basically someone, you know, if we think of a detective and person that's committed the crime The idea of the interrogator is to slip the person up But interviewing someone is actually how we get to know someone Now we can simply take out the word interview and replace it with the word being curious Being curious to see if you're genuinely compatible with one another if your lifestyles are blendable and more importantly Is this person that grown up enough to be in relationship? And this is why my channel is devoted to raising the consciousness of women in particular Because women oftentimes give their power away to men It's been you know, it's been passed down through eons and i'm here to say you are in charge of your relationship destiny not a guy Okay So what are some of the reasons why a man pulls away? Well first most of the time Not enough trust has been built in the relationship Not enough trust not a real sense of deep friendship and a lot of people believe time Together creates trust and no time Oftentimes only creates attachment And in many cases unhealthy attachment if you haven't built a true friendship and built trust and trust is simply Does this person care about my feelings? As much as I care about my own feelings is this person have my best interest of heart We think of trust mostly around fidelity and of course that's important But the end of day trust is does this person have my best interest at heart? You know, it's fascinating. We'll sleep with people with little or no trust built We'll sleep with total strangers with a little or no trust built Trust is built through the curiosity of determining if two people are a good fit for one another So what happens is a lot of women good women Are choosing the wrong men for these four reasons? So let's dive into this right now Put on my trusty glasses put up my notes bump bump bump Okay So number one His life is in chaos. His life is in chaos. Maybe is going through a divorce Maybe has issues at work. Maybe has family issues in his life the ground underneath him doesn't feel solid When a man's when a man's life is in a sense of chaos It's very rare that he can lean into a healthy happy relationship And I sadly I witnessed women bailing men out financially. I see women bailing men out emotionally Only to find out that this man will leave you because he wants to be a bright shiny penny to someone new So number the first thing you need to be prepared to recognize is is his life in some sort of chaos Is he going through a contentious divorce? Does he have a contentious x? Is he going through financial issues? Does he have some job issues going on and I'm not talking about situational things I'm talking about something that's more substantial. Is this sinking in is this resonating? Please let me know. Please hit that like button. Please share this video And please subscribe to my channel if you're brand new Okay, number two He's hung up on an x or he's afraid of getting hurt because of his previous x You'd be surprised that a lot of men and women combined are still hung up on a past relationship Or that past relationship that was contentious might put them in a category of fear around a Exploring a good relationship a person with a good woman This is why to see you have to do this interview process Find out about their past relationships people Believe it or not most people are honest And if not they slip up in their communication if you act from a curious place But Jonathan i'm not supposed to interview men folks Interviewing us how we get to know a stranger You can't go to a job interview. You can't go to a job interview You expect to be hired without asking some deeper questions with one another But Jonathan the dating process is supposed to be fun and light and airy Yeah, fun light and airy gets you hooked on someone who might be incompatible with you So i'm here to promote Being your own matchmaker Okay number three Now this one is uh something I talked about in the five glaring red flags video I did But this is called covert incest covert incest and what this is is a person man or woman making children Such a priority in their life. It's at the expense of building a partnership with someone The child takes on the role of emotional support in this person's life Now this isn't this doesn't happen Frequently, but I would say this happens 10 to 20 of the time that especially since the demographic we're talking about is the over 40 demographic We're a man with typically their daughter the daughter becomes a replacement spouse in this man's life From an emotional perspective usually the daughter is somewhere around 13 to 25 years old And it depends on how contentious his marriage was in his relationship with his ex spouse But covert I want you to look up emotional incest or covert incest and read up about this This is becoming a relatively more common thing With men and women alike So this isn't singular to men and it's usually with the opposite sex child Where they opt the child becomes their emotional support person So you could be a good person in this in this man's life And yet his child is his primary emotional support person. That's number three and number four He has unrealistic expectations about how love feels Nobody is good enough women and by the way women do this as well Meaning if it isn't perfect there must be something wrong in the minute. There's some disagreement in the relationship This is where men bail That's right There are a significant amount of men and women alike that have this glorified expectation around what love should feel like Instead of really understanding that a relationship is a give and take a relationship is a two lane street a relationship Is is is about being teammates with one another and a lot of men and women Operate from this false premise That love must be perfect or it's not a really good relationship. Have you experienced this before? I know I kind of operated a little bit that way I've seen so many men and women operate this way where they're again the minute there's a bump in the road They move on this is why you definitely want to get a sense of someone's past life And and really understand their ability to resolve conflicts okay Person that has good communication skills Will demonstrate it very early on because they operate from a place of curiosity In the dating mating and relating realm versus a place of either being a know-it-all Or a place of wanting to take from a person And then that's usually those love bombers those are driven by lust and lemurs All right. Is this sinking in is this resonating with you? These are the four Four Reasons why men over 40 might pull away from a good woman There's certainly more than these four But these are certainly four that we can explore today And I think it's important to have a conversation about this So I hope I provided value for you tonight Let's and and if I have again, please hit that like button Please share this video. Please subscribe to my channel if you're brand new and then in the description below check out all the links to schedule a discovery call to Check out the books. I recommend I always talk about my book What the heck is self love anyway a journey of personal development self-help and spiritual work and I highly remit And there's a link below to get the book All right, I think this will be a great place to start our q&a For those that know my format if you have a question for me write the word question Then post the question there after or you can purchase a super sticker super chat in the chat box For those that are on live and if you want you can purchase a super. Thanks If you're watching the replay all the monies from the super stickers super Thanks goes to a scholarship fund in the name of my son Conor Asley That's a picture of him right there with his brother Colin He's my son who passed away four and a half years ago And in his honor I've started a scholarship fund to donate to causes like the Hoffman process and insight institute Just in the name of you. These are nonprofit organizations designed to help improve individuals lives Particularly in their area of their limiting beliefs and their negative patterns that stem from their childhood wounds So again check uh You know purchase a super sticker super chat. All right. Let's see what questions we have coming in so far Um, let's see Let's see Jennifer says I intentionally asked questions before ever going on a date phone call as well If we aren't a match. I just don't want to I don't even show interest This scares away the wrong guy. You know, I believe that the first phone call is The first date the first phone call is the first date. That's a great opportunity to spend up to an hour Just asking questions about the person before you make a commitment to meeting in person Now a lot of people don't know how to do this. That's why I created my private coaching right here. There's a link below I will do that. There's a link below right here to schedule a discovery call with me to see if working with the coaches Right for you, but yes, I'm in full agreement Jennifer. The first phone call is the first date Jennifer also adds I see so many men write chemistry as a must only on dating apps What happened to similar values honesty? Because most men and a lot of women believe that chemistry equals relationship success if we have chemistry We must be a perfect match it comes back to what I shared before Those people that believe love should feel perfect because they're so hyper focused on chemistry And not really understanding the mechanics to a healthy happy relationship If you're not familiar with the book eight dates by doctors john and julie gotten And I highly recommend checking this out by the way There's a link below to get a copy of this book before the penis ever goes inside the vaginas ladies Read chapter one of this about Read chapter one in this book about trust and commitment So you get a better understanding of the importance as I shared earlier that trust is one of the primary reasons Why men and women pull away? Because very little trust has been built in the relationship. So check out that book to read that Before you get in too deep. All right, let's keep going Joe henna says curious sounds much better. Yes, I agree. Thank you Neverly says amen resonating. Thank you so much All right, let's see what questions you have for me If you have a question write the word question and then post the question there after And that way I can address anything you want to talk about today Cc says jonathan you look great in the suit. Thank you so much. I appreciate that uh Someone just wrote I dated someone like that as well I believe she was talking about the covert incest not so much emotional support with his daughter But she was his companion to shop with them weekday dinners, okay Well, looks like we have a bashful group if we have no questions that come in in the next minute We're going to be wrapping up for this evening. So I want to give you a chance to ask me questions right now You can certainly ask me questions about my beloved marie as well. So here's your chance Looks like we have a bashful group. We have no questions coming in I'm going to give it 30 more seconds All right, Karen says, thank you jonathan. I appreciate that Well, it looks like we have a bashful group tonight So I think this will be a great place to wrap up because we have no questions coming in in the q&a board Folks, uh, I hope I provided value today by understanding the four reasons why men pull or push good women away Just as a reminder his life is in chaos He's hung up on his ex Or uh, he has fear fear of getting hurt because of his ex Uh covert incest making a children their primary priority and their emotional support system And he has unrealistic expectations about relationships Okay, well, looks like we did have a few questions come in. So let's let's keep the ball rolling here Wendy says Book recommendations for a troubled marriage I think a good book to read two good books to read would be I love this book by By dug and Naomi It's called making your second marriage a first class success. I love this book great insight in this But more importantly, I would check out the book by john gotman the seven principles for making marriage work These are great books to help prepare you to improve your relationship Also, I might include the book by the way all the books I recommend is in the link below The book by barbara de angeles how to make love all the time how to make love all the time. These are great books So thank you so much all right, uh Kathy writes uh, let's see Kathy writes question. Sorry too hot here to think. Okay. That's not a question All right. Uh, let's see. Joe hinka says question Is it because of insecurities and not being financially stable from a guy's perspective? um I'm not really understanding your question. Joe hinka or I apologize for butchering your name Can you elaborate a little bit more? Thank you so much All right, angela writes question getting over a horrible relationship with the narcissist and being able to trust again Um, I'm not sure you really have a question there, but yes It's pretty hard to get over a horrible relationship and particularly with the narcissist I think the question you're asking. How do you do that? I'm a big proponent of personal development self-help spiritual work and therapy as a way to heal What may have happened in your past and until your past is healed It's going to be very difficult to lean into a relationship in the future So I'm a big proponent of therapy personal development self-help and spiritual work Uh culture like leotard says john gotman has really broken it down to its simplest forms Yes, I agree. Thank you so much for stating that Jacqueline writes question New boyfriend out of a marriage only one year, but it's clear. He's not hung up on her and has a calm stable wife great guys should I worry about that? You know One year might be too soon for some people Um, that's interesting my girlfriend. I were talking about this this morning We're talking about there's two types of guys those guys that immediately Attach themselves after a divorce to the next person or those the guys who become players Now there are really more than two guys, but we were talking about how a lot of men go Wow, I love this freedom and there's this there's this thing called dating apps And I can get laid whenever I want and I can be talking to five women at the same time um, here's the thing You know you have to I said earlier interview someone but really you're interviewing their character And how do you know someone's character first you get insight into their life? You know, I had a client who worked with me some years ago and and she's now happily in a relationship They've been living together for about four years now.  I was like wow I'm glens a great guy um, but I'm bringing this up because Finding out about a person's character their humanity their their charity gives you real and I'm not talking about someone who writes a check to a charity I'm talking about someone who actively does things for the betterment of other human beings And I said to her even though he wasn't a fit for her. I said look He's a good guy. You got to give this guy a chance and now she's happily in love Even though he didn't look good on paper when they first met I think sometimes when we create the box of what a person's looking for We don't look at the more important things and that's their character. So great question. Thank you so much for asking All right, uh Oh, there's part two Questions should I worry that it's only been a year things are going great. I think I answered that so thank you so much Vera writes question Hello, jonathan. My boyfriend got divorced five months ago and now he's in a serious relationship with me But I find him very clingy and it makes me feel And and he makes me feel I believe suffocated Sometimes what should I do? you know, it's not uncommon for men and women to Operate from a place of codependency of another person. Let's see if I've got the book. Uh Where is it? I'm recommending the book codependent no more Not because you're codependent But you may want to understand why this neediness is happening from them I suspect he's feeling a bit lost after of his divorce because again a divorce is the unraveling of the tapestry of our old lives And a lot of people haven't done the work to reintegrate themselves and then they meet someone new So I would be cautious with a person that has in this state Um, I'd really want to determine is this person really capable of long-term commitment Those are some of the things I talk about in my private coaching But more importantly, I would read this book just so you can understand Maybe get a sense of what he's going through and why he's so clingy. So vera. Thank you so much for that question I really appreciate it Rose says, how do you heal from the past relationship to find a good one? Personal development self-help spiritual work therapy. Okay personal development self-help spiritual work and therapy I wrote my book.  What that's what self-love is is an integration of healing from past traumas to better be prepared for new relationships I'm a big proponent of doing workshops um group workshops individual workshops uh alike to do healing I it took me I mean quite frankly from my divorce till I met my beloved it was a 15 year journey of a lot of healing And I had some I had a significant relationship in that time. It didn't work out Thankfully, she's in a great relationship right now I'm in a great relationship right now, but I would say that after my significant relationship ended I needed another Four three or four years of healing now mind you I lost a child in that time I lost my mother. I didn't feel like working for a period of time But it takes time to heal from a past trauma. So I would do personal development self-help and spiritual work. So rose. Thank you so much for that question Green king writes question and thank you so much for your time What would you say is the most supportive way for feminine support to a masculine over age 40? With a 30 year with a 30 Year age gap. I face cultural differences Wow a 30 year age gap. Are you the person 30 years older? Are they the person 30 years older? When I think of masculine and feminine the way a lot of people view it I think of dominant and submissive and a lot of times Overly alpha type of males Want a submissive partner, which means that they're highly agreeable and they're willing to compromise their own Standards for the guy that's often see we have this grand expectation that their alpha males are altruistic Well, that's usually not the case. Okay Um, sometimes it's the case, but it's most of the time. It's not the case I'm a big proponent of being in your individual sovereignty and your individual power. I like the book Personhood I like the book personhood Check this out To really integrate your own sovereignty of your masculine and feminine So you can be better prepared to be in a cooperative co creative relationship Rather than a one up one down type of relationship where the band is superior and the woman is subordinate So that's my two cents on that. So thank you so much for that question All right, johica writes question Over 40 guys doesn't keep up with a woman. It's because of financial insecurities. Again, that's not a real question But thank you for sharing your thoughts um The super smart successful divorce guy met is a player. He has been on dating apps for years He said I was the first woman he met that intrigued him because I told him my standards I bet you he has said that more than once All right, I think this will be our last question for the day question How do you not give up hope to meet the right person you give us hope with your lovely girlfriend marie You know last night marie and I posted a live stream And and there's a my picture of my girlfriend and I you know I think you know, we were we were talking about this We have our morning coffee and we we kind of review what happens A lot of times in my professional life because I like to get her feedback on some of the comments I get But one of the things we talked about for both of us is that We both knew We would meet someone special in our lives that I mean that we didn't just Hope it had happened. We didn't hope it. I hope it happens. I hope it happens. I hope it happens We didn't just go. I believe it happened. I believe it'll happen. I believe it'll happen We operate it from a place of I know it will happen And so what we did prior as she shared in the video last night is We each did our own individual personal development self-help and spiritual work So we could be better prepared when when the right person comes and one of the key factors in this We talked about is timing Even though she and I connected a year earlier the time wasn't right Even though she came to los angeles to visit her friends and family Wasn't the right time for to meet for me to meet her. I I was wrapped up with business things And then when she came out again, it wasn't the right time and it wasn't until I took a trip to chicago that it was the right time Timing plays a big part of this, but it's kind of like The you know the definition of luck luck is when opportunity meets preparation We she and I did all the prep work so that when the opportunity came We call it luck, but I think it's better term is it was the right time So I hope that helps answer your question We operate it from a place of not hoping it'll happen not believing it happened We operate it from a place of I know it'll happen So then we let the universe do the rest of the work. That's how we operate it anyway Thank you so much for that question patricia. I really appreciate it Uh and jennifer says thank you for answering my question. I believe timing as well. Thank you so much Folks, I think this would be a great place to wrap up today. Again. I hope you find value in my videos I hope this content helps shift your perspective and look at things from a different vantage point I'm not here to sell you on the traditional rhetoric that Men are hunters and all you have to do is lean back in your feminine energy and wait to be claimed Because to me that's just a bunch of rhetoric The fact of the matter is human beings are riddled with flaws human beings are are complex creatures You know this narrative that it's simple is bullshit It is complicated and how you sift through that complication is through awareness This is why I created my private coaching So again schedule a free discovery call with me to see if working with a coach is right for you All right, I think this will be a great place to wrap up this video first off I'm going to give myself a big gigantic shot the barric of self love I'm going to reach into the camera and give you a hug of love if that's okay I'm going to ask you to turn to someone a pet a teddy bear pillow There's a teddy bear give it or them a hug of love because hugs are a great source of love And let's face it. We could all use more love in our lives I want to thank jade and annie and jennifer and onset and patricia and maria and lin and lady or linda music and jojica and pa pa pa sisi And green king everyone. Thank you so much. Hope you have a pleasant evening. You take care of my now


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Hi, my name is Dr. Radhakrishnan. I'm a pediatric surgeon and a pediatric urologist and I work at the Manipal Hospital in Bangalore. By far the commonest cause of childhood constipation is habitual and really can be seen at any age in a child, but most commonly appears as the child's diet is changing at about a year and a half to two years of age. What happens is this at some point a child has a hard painful stool. It could be that they are dehydrated on a hot day, that they are on some medication that's made the stool hard or some other cause. Once they pass a hard painful stool, their brain starts to then tell them that they must not go because it will hurt and they stop going. The next time they go it's again another hard painful stool and this becomes a vicious cycle leading to constipation. Thank you for watching.


This trustee August is hotter than ever at Appalachian Wireless, as they are slashing all normal contract pricing on all smartphones by 50% when you sign up for service. Better service, bigger saving, serving you for the last 25 years at Appalachian Wireless. For many of us, it's all about the food, games, and live music. But for local churches, sports teams, and civic organizations, festival season is all about money in the coffers. And with so many people in the same place at the same time, the festivals, such as the Jenkins Homecoming Days Festival underway now, is the most lucrative time for fundraising, especially in lean financial times in the mountains. In a small town like what we have here, the coal is gone and we're trying to rebuild. And the festivals help the churches because it's not there anymore. The funding is just not there. It helps churches. It helps schools. The budgets are short and the schools, you know, less money than what we used to have for sports programs. So we got to look elsewhere to get our funds. So programs like this, the festivals like this is essential for what we've got going on at our schools. And so we need it, we depend upon it, and we got to have that money. We got to have people coming in and supporting our school programs. This is a great way to do that. Many of the booths at the various festivals are run by volunteers, so it's a community effort to raise the much needed funds for the different groups represented at the festivals. This is the best moneymaker because everybody pulls together, everybody works hard, everybody benefits from a festival like Jenkins has theirs now, and everybody here is either a church member, a bulge member, coaches, or helping their teens. The school doesn't get funding like it used to, so they have to work in the city like this to get the money for extras that they have. It is probably the biggest fundraiser that we'll have on good years. We've got to have a good product, you know, but it's really good for community service as well as getting, you know, being out there and being seeing people, people knowing about the school and getting to know the people who are at the school, that's good as well. But yeah, as far as finances go, you know, this is one of our biggest fundraisers of the year. So we depend on it, we count on it on a yearly basis. And over the next few weeks, there will be plenty of opportunities to support local organizations. Reporting in Jenkins for EKB News, I'm Chris Anderson.


Good evening aspirants. Welcome to the Hindu news analysis by Shankar A. Sakrami for the date 3rd of August 2022. Displayed here are the list of news articles you will be discussing today. Now let us start our discussion. Today let us start our discussion by looking at these two articles. See this news article says that US House Speaker, Ms Nancy Pelosi visited Taiwan and this editorial also deals with the same matter. Ok. So in our discussion first we will see about the news article and we will see the importance of Taiwan. After that we will see why China is taking its claim on Taiwan. After that let us see the points mentioned in the editorial article. This is the plan for this discussion. Now let us start our discussion. As the news article says US House Speaker, Ms Nancy Pelosi arrived in Taipei and this marks the most high level political visit from United States to Taiwan in 25 years. And as usual China condemned the visit as a major political provocation and China said it would launch targeted military operations as counter measures. This is about the news article and as I said now let us start by looking at the importance of Taiwan. To understand the importance of Taiwan let me give you a historic example. See Japan bombed Pearl Harbor in December 7, 1941. It also simultaneously attacked Philippines triggering World War II in the Pacific region. It was the opening act of Japanese campaign to invade and subjugate South Asia in pursuit of Japan's greater East Asia co-prosperity spear. The relevant fact for us here is that the bombers were launched from the island of Taiwan which was under Japanese military control. Taiwan acted as a jumping off point for Japanese attacks on both Philippines and the Dutch East Indies. Here Dutch East Indies is nothing but the present day Indonesia. Know that throughout the war Taiwan served as the staging area and major supply base and this sustained Japanese armies in the South Asia region. By controlling Taiwan, Japan also controlled all the shipping that happened through the Taiwan State. Such is the significance of Taiwan. In addition to this Taiwan's location makes it a significant geopolitical asset. Why? See Taiwan is situated at the edge of South China Sea's shipping lane. Taiwan is located 100 miles east of China. It is located 200 miles north of Philippines and 900 miles north of Vietnam and the Spartley Islands. Taiwan is linked to the north with the Reoku Island and lies 700 miles from Japan's home islands. So this is why China is so keen on controlling Taiwan. So like I already said Taiwan historically served as a major pivotal location and in the contemporary era also Taiwan remains geographically at the intersection of most of East Asia's danger points including North Korea and China. So like I already said China is taking its claim on Taiwan. Here China's argument is that Taiwan is an integral part of Chinese territory. To understand this statement we have to go back to the Chinese civil war that happened between 1927 and 1949. Here the war was between two factions. One faction was led by the Chinese national party which is also called as Kuomintang and the other faction is led by the Chinese communist party. These two parties clashed for the control of China. The Chinese national party supported capitalism and was basically anti-communism and as the name suggests the Chinese communist party fought for the communist ideals. So it was basically a clash of ideology. In the end in 1949 the Chinese communist party came into power. It defeated the Chinese national party. So after the defeat the Republic of China was renamed in 1949 as the People's Republic of China. So after the defeat the Chinese national party leaders that is the Kuomintang leaders shifted their base to Taiwan. So even though the Chinese mainland came under the Chinese communist party Taiwan was under the control of the Chinese nationalist party and the Taiwan Strait which is located between Taiwan and China acted as a stalemate and as a boundary. So with China's rise in the global stage and China becoming an economic powerhouse China is aiming to establish its one China policy. That is China claims both the Chinese mainland and Taiwan comes under the Chinese control. This is China's claim. So this is the reason even in Olympics when Taiwan is competing the name given is Chinese Taipei and not Taiwan. See this is like India's taking claim over Akshay Chin. See although right now Akshay Chin is under Chinese control India is taking claim right. Likewise even though Taiwan exists as an independent entity China is taking control over Taiwan due to its own China policy. So enough with the background like I said this is the reason why China claims that Taiwan is the integral part of Chinese territory but this is not the whole truth. China is trying to control Taiwan due to its geopolitical significance. Now let us see the real intention behind China's move to stake control over Taiwan. See first is controlling Taiwan will facilitate Chinese operation in the South China Sea and more importantly it will enable China to assert its territorial and maritime claim even more aggressively against Philippines Vietnam Malaysia and Brunei. This is the first reason the other significant point is China's Nayan dashed line. See China's Nayan dashed line will become even more real and easily infosable once Taiwan comes under complete Chinese control. I hope you know what the Nayan dashed line means see Nayan dashed line encompasses approximately 90% of the South China Sea. Within this area China makes maritime claims see the image here then you will understand the red line is only called as Nayan dashed line and within this line there are many disputed islands as you can see here and see how much China is claiming. If possible China will even claim the entire South China Sea as Chinese lake. So if China controls Taiwan then China would be in an advantageous position to make the Chinese lake a reality. This is the next important point. The third important point is as per China Taiwan is one of the critical links in the first island chain and this chain includes Japan, the Ryoko Islands, the Philippines, Malaysia, Indonesia and Australia and if you see this image you will understand why China thinks like that. See here China sees other countries and their lands as joke points and China thinks that this will constrain China's naval access to the second island chain. Here the second island chain would include Guam, the Marianas, the Palau Island Group and other small island groups in Central Pacific and from there into the open oceans far from China's shore. So if China controls Taiwan then nothing can stop China from asserting its dominance in these far away lands also. So this is why Taiwan is important for China. This is the third important reason. The last important reason is ensuring that Taiwan stays in Chinese control will give China access to Taiwan's deep seaports. See presently Chinese coastline in East China Sea lacks deep seaport. This is some major disadvantage for China. See China has a huge fleet of submarines but due to the lack of deep seaports these submarines has to remain above water until they reach the Riaco Islands. But once China gets access to the Taiwan's deep seaports submarine can enter the deep water and act in a stealth mode in the Riaco region. Once China ensures that it will have a significant say against Japan and South Korea. See in this area that is in the East Asian region Japan and South Korea are important US allies. And these countries that is South Korea and Japan are energy deficient. They get most of their crude oil supply from the Middle East only through East China Sea. Once China establishes greater control over East China Sea after taking claim over Taiwan it will control Japan and South Korea's energy supply. So through this China will act as a bigger player and can easily bring China and South Korea to the negotiation table and reduce the influence of USA in these two nations. So these are the four important reasons and the real reasons why China is trying to control Taiwan. See till now we saw about the news article and then we saw about the strategic significance of Taiwan and also the reasons why China is pursuing Taiwan. Now let us see about the editorial. See the editorial says that the visit of Ms Nancy Pelosi might trigger the fourth Taiwan straight crisis. See the last Taiwan straight crisis that is the third Taiwan straight crisis happened in 1997 when Taiwan president visited USA. After the visit of Taiwan president to USA what China did was it started launching missiles in the Taiwan straight. But after sometime the situation cooled down. But now after the visit of Ms Pelosi the fourth Taiwan straight crisis might happen. The article also talks about the evolving relation between China and United States. See during the Trump era itself the relation between China and the United States worsened. I guess you guys remember about the trade war between US and China during the Trump era right. But in the Biden era also the condition did not improve further and the visit of Ms Nancy Pelosi just worsened the relation between China and United States. But the editorial also says that this condition will not escalate further because both these countries now they are doing this only to increase the political mileage in their domestic politics. See in case of China Mr. Xi Jinping is due to face a major election in three months. By projecting strength in this event he can gain some political traction and by gaining political traction Mr. Xi Jinping can even stake control and remain in power for the third term also. In US also this visit is triggered by political events. Before the visit of Ms Nancy Pelosi people both in Biden administration and in the military advised her to not make the visit. But what happened was once the plan of her visit was made available China made some triggering statement. Mr. Xi Jinping said those who play with fire will perish by it. So this trigger Ms Pelosi to ensure that she visited Taiwan. So in both cases that is in Chinese case and in the United States case this event is mainly to show their strength in the domestic politics. So what the editorial basically says that this will not escalate further that is both countries that is China and the United States cannot afford a military confrontation right though. So this event will eventually fade away and this will not escalate into a military confrontation. But what this event basically shows us is that the two big economies in the world right now that is the China and the United States their bilateral relations are at a all time low. So this is about the editorial article. So with this let us conclude this discussion and take up the next news article. Look at this news article. See we all know currently the monsoon session of the parliament is going on. So so many bills are getting passed. See in our discussion itself few days ago we saw about the electricity bill. So in today's discussion we will see another amendment that is recently passed by the Lokshaba. The amendment is nothing but the Wildlife Protection Amendment Bill 2021. See the primary objective of this bill is to make our Indian law compatible with the sites. Sites is nothing but convention on international trade in endangered species of wild fauna and flora. This bill proposed 50 amendments. In that we will discuss two major amendments in our discussion because these two amendments are important for our examination. This amendment bill that is the Wildlife Protection Amendment Bill 2021 amends the Wildlife Protection Act 1972. As you all know this act regulates the protection of wild animals, birds and plants. Through this amendment the number of species that are protected under the law is set to increase and as I already said the amendment will make Indian law in compliant with the sites provisions. I think this introduction is enough. Let us segue into sites. Sites is an international agreement between governments. It aims to ensure international trade in specimen of wild animals and plants that does not threaten the survival of the species. That is in case some wild species are traded the sites tries to ensure that this trade does not affect the survival of the species. See under sites plants and animal specimens are classified into three categories. This categorization is based on the threat to their extension and it is classified as appendix 2 and appendix 3. See the countries that are participating in this convention or the countries that are signatories to this convention has to regulate the trade of wild species. Here what I am trying to say is through sites the trade of a specimen that is listed in the appendix can be only be carried out through a permit. So additionally what sites aims to convey is that it aims to regulate the possession of live animal specimens. So basically it aims to do two things. One is to ensure that the trade in wild species does not affect their survival. The next thing is it aims to regulate the possession of live animal specimens. Here you have to note an important point. Sites is legally binding. Although it is legally binding it is not self executing. This means sites cannot be fully implemented until specific domestic measures have been adopted for the purpose. So national laws for implementing sites are crucial and critical to ensure that trade in protected species is legal, sustainable and traceable that is transparent. This is why this amendment bill is important. Only by making our law compliant with sites, sites can be made fully enforceable and binding. So this is about the sites. Now let's move on. See through this amendment two authorities are created. The first one is management authority. The next one is the scientific authority. The role of the management authority is two. First is it will grant the important export permit for trade of specimens. The second is every person possessing live specimens of scheduled animals must obtain the registration certificate from the management authority. So these are the two roles played by the management authority. Now moving on to the scientific authority. See it is basically an advisory body. It gives scientifically researched advice about whether the trade in wild specimens affect the survival of the species in the wild. So these are the two bodies introduced by the amendment. This is the first major amendment. The second major amendment is about the rationalizing the schedules in wildlife protection act. See currently under the wildlife protection act 1972 there are six schedules. One is specifically for protected plants. Four are for protected animals and one for vermin. Here when I say vermin, vermin are nothing but animals that carry disease and destroy food. The common examples are rat, crow and in some cases blue bull and wild hog are even classified as vermin. So basically in the present scenario there are six schedules. Through this amendment the government is planning to rationalize them. So the bill proposes reducing the number of schedules from 6 to 4. Here the one schedule that is reserved for specifically protected plants will remain. But in case of animals earlier we used to have four schedules right. This will be reduced to only two schedules. In that one schedule will have animals that will have maximum protection. So plant will have one schedule, animals will have two schedules and the bill inserts a new schedule that is regarding the species or the specimens listed in the appendices under sites. That is the scheduled specimens under sites. So protected plants will have one schedule, protected animals will have two schedules and as I said the bill also planned to introduce a new schedule to include the scheduled animals in sites and the bill also aims to remove the schedule containing the vermin species. So this is the second major amendment. So that's all regarding this discussion. See in this discussion we saw about the wildlife protection amendment bill 2021. In that we discussed about two major amendments. The first major amendment is in regards to making our Indian law compliant with sites and the second major amendment is rationalizing the schedules in Indian wildlife protection act. So that's all regarding this discussion. Now let us conclude this discussion and take up the next news article. See this news article here. The article says that Russia is ready to talk with the US regarding nuclear arms control. See last year that is on February 2021 the new start treaty expired. So Russia and the United States agree to extend it for another five years. So the next cutoff date is in 2026. So what Russia is proposing here is in the meantime that is before the expiry of the extension that will happen in 2026 they are asking to talk with USA regarding a new arms control deal. So this is about the news article. So in this context in our discussion let us see about the new start treaty. See this is important for our exam. It is important in both the problems and in the mains perspective. See in the problems they can directly ask what is the new start treaty. In the mains if there is a question about what are the efforts taken by the world nations to prevent nuclear proliferation you can write about the new start treaty. So it is important listen to the discussion carefully. Before getting into the new start treaty let us see the background of it. See before the new start treaty there was the start one treaty. Start here is nothing but strategic arms reduction treaty. It was signed in 1991 and expired in December 2009. While the start treaty was in progress in 2002 and another treaty was signed it was the short treaty. Here short means strategic offensive reduction treaty. I already said the start one treaty expired in 2009 right. So in 2010 in Prague the United States and Russia signed the new start treaty. This new start treaty replaced both the start one treaty and the short treaty. So this is how the new start treaty came into force and like I said it expired in 2026. So before getting into a new deal both the countries that is Russia and the United States agreed to extend the treaty till February 2026. Now let us see the important provisions about the new start treaty. See under this treaty the United States and the Russian Federation has set a 7 year time limit and within that 7 year time limit they have decided to reduce their nuclear warheads to a certain limit. So both countries through this treaty decided to reduce their nuclear stockpile to the limit mentioned in the treaty. Now you may ask a question what should be the limit and how it should be maintained. See I have displayed here the limits that is set by the new start treaty. The limits are given for the deployed ICBMs nuclear warheads and the non-deployed ICBMs. See these values are not very important for your exam perspective but you can make a interesting comparison here. See here in case of nuclear warheads the limit set is 1550. But according to the CIPRI report US alone has 5,428 warheads. In case of Russia it has 5,977 nuclear warheads. The next big nuclear nation is China which has only 350 nuclear warheads and in case of India we have only 160. So see the difference between US and Russia compared to the other nuclear nations the difference is very huge. So only they have decided to reduce their limit using this new start treaty. Okay and I have displayed a graph here that shows that in the seven year period after the new start treaty came into force both the countries that is the United States and Russia has taken efforts to reduce their nuclear stockpile and the evidence also shows that they have actually sticked with the limit set by the new start treaty. Okay so that's all regarding this discussion. In this discussion we saw some of the basic facts about the new start treaty and the background about the origin of the new start treaty. With this let us conclude this discussion and take up the next news article. This is the last news article we will be discussing today. See every year first week of August is celebrated as World Breastfeeding Week. So to mark this occasion a medical college in Chennai has launched an awareness campaign to enhance the breastfeeding activity. This is about the news article. In this context let us learn about the importance of breastfeeding and about a scheme launched by the government to enhance the practice of breast feeding. See breastfeeding is one of the most effective ways to ensure child health and survival. Breast milk is the ideal food for infants. It is safe, clean and contains antibodies which help protect against many common childhood illness. Breast milk provides all the energy and nutrients that the infant needs for the first months of life and it continues to provide up to half of the child's nutritional needs during the second half of the first year and up to one third during the second year of life. The nutritional need is important because undernutrition is estimated to be associated with 2.7 million child deaths annually or 45 percent of all child deaths. Breastfeeding is important for other aspects also. Breastfed children's perform better on intelligence tests and they are less likely to be overweight or obese and less prone to diabetes later in life. This is because the first two years of a child's life are particularly important. So if they get optimal nutrition during this period then it will lower morbidity and mortality. It will also reduce risk of chronic disease and finally it will faster better development. See women who are breastfed also have a reduced risk of breast and ovarian cancers. So with this information about the importance of breastfeeding let us see about the recommendations made by the world health organization and the UNICEF. See WHO and UNICEF recommends early initiation of breastfeeding within one hour of birth. Exclusive breastfeeding for the first six months of life and they also recommends the introduction of nutritionally adequate and safe complementary foods for six months together with continued breastfeeding up to two years of age. However many infants and children do not receive optimal feeding. Example only 44 percent of infants aged 0 to 6 months worldwide were exclusively breastfed over the period of 2015 and 2020. So you may have a question what has the government of India done regarding this. Here MAA that is MA is relevant. MA is expanded as mother's absolute affection. It was launched at the national level in August 2016. The goal of MA program is to revitalize efforts towards promotion protection and support of breastfeeding practices through health system to achieve higher breastfeeding rates. I have given here the objectives of the program now you can go through it. I hope you have gone through the objectives so now let's move on to the components of the program. As you can see here it involves four components first one is awareness generation then community level intervention then health facility strengthening and finally monitoring. So this is about the MA program. So in this discussion we saw about breastfeeding importance of breastfeeding and the MA program launched by government. With this let us conclude the news analysis session and take up the practice prelims questions. We have four practice prelims questions today let us see them one by one. Let us take up the first question. This is a previous year question it appeared in the 2015 prelims paper. Let me read out the question with reference to international union for conservation of nature and natural resources that is IUCN and the convention on international trade in endangered species of wild flora and fauna which of the following statements are correct. See three statements are given. First statement IUCN is an organ of united nations and sides is an international agreement between governments. Statement two IUCN runs thousands of field projects around the world to better manage natural environments. Statement three sides is legally binding on the states that have joined it but this convention does not take the place of national laws. See from our discussion you can say that statement three is correct because in our discussion itself we clearly saw that sides is legally binding. So you can eliminate option A from the given options because option A does not contain third statement. Now look at statement one. This statement is only partially correct because sides is of course an international agreement between governments but IUCN is not an organ of united nations. It is a membership union of government and civil society organization. So you can surely say option B is the correct answer here. So statement one is wrong. So by eliminating statement one we can eliminate option C and D. So the correct answer here is option B 213 only. Let us take up the second question. This question is about the mothers absolute affection program. Two statements are given. We have to find the correct statement. Let us take up the first statement. It is a nation wide program of ministry of human and child development. See this statement is incorrect because MA that is mothers absolute affection program is a nation wide program of ministry of health and family officer. The main aim of this program is to promote breastfeeding. Now coming to statement two. It involves capacity building of axillary nurse midwives, nurses and doctors on lactation support and management at health care facilities. See this statement is correct. This program that is MA program is implemented at three levels. In the macro level it is implemented through mass media. In the meso level it is implemented through awareness generation in health care facilities and at the micro level it is implemented through awareness generation in the community level. This we saw in our discussion while we are discussing about the components also. So the program like the statement says also involves capacity building of axillary nurses, nurses, midwives and doctors. So statement two is correct. So since statement one is incorrect and statement two is correct, the correct answer here is option B two only. Let us take up the third question. This question is regarding the new start treaty. It is a two statement question. We have to find the correct statement. Let us take up the first statement. The treaty is the first nuclear arms control treaty between United States and Russia. This statement is incorrect. In our discussion itself we saw two more treaty that preceded new start. The first one is start one and the second one is sort. So the first statement is incorrect. Let us take up the second statement. New start places limit on the number of non-deployed intercontinental ballistic missiles and submarine launch to ballistic missiles. This statement is incorrect because new start does not limit the number of non-deployed ICBMs and submarine launch to ballistic missiles. But it does monitor them and provide for continuous information on their location and onsite inspection to confirm that they are not added to the deployed force. So in this question both statements that is statement one and statement two are incorrect. So the correct answer is option D neither one nor two. This is the last question. This is a map based question. So take your time find the answer and post the answers in the comment comment. This is the quiz question for today. With this we have come to the end of the discussion. If you like today's video like comment and share it with your friends. For more updates regarding UPSC preparation subscribe to Shankara AS Academy YouTube channel. Thank you for listening.


QuickBooks Desktop 2023. Financial reports generated from bank feeds. Let's do it with intuitive QuickBooks Desktop 2023. Here we are in QuickBooks Desktop Bank Feed Practice file. We started up in a prior presentation going through the setup process we do every time in the view drop-down. We support accounting instruction by clicking the link below giving you a free month membership to all of the content on our website broken out by category further broken out by course. Each course then organized in a logical, reasonable fashion making it much more easy to find what you need than can be done on a YouTube page. We also include added resources such as Excel practice problems, PDF files, and more like QuickBooks backup files when applicable. So once again, click the link below for a free month membership to our website and all the content on it. Got the hide icon bar, the open windows list, open windows they're open, reports, drop down company financial, the profit and loss, change in the range from 010122 to 123122, customize the reports, then go to the fonts and numbers. I'm going to stop talking like that. Now I'm going to change it to 14, 14. That's what we do. Okay. Yes. And okay, reports, drop down again, company and financial. This time the balance sheet report, customizing it first so we can change the range up top from 010122 to 123122. And then the fonts, the numbers, they're going to be increased as well to that same 14. Of course, we don't want it looking funny. Got a match. These are matching. It's a matching set, the financial statements. Then we're going to go to the banking drop down. We've got the bank feeds. We're looking at the bank feeds center, which would only be there if you got the bank feeds turned on, which we did in a prior presentation. So we've entered the data from the bank feeds into our system. Our primary focus now is on the end results, the major financial statement reports, balance sheet and income statement and the related reports. So just a quick recap, we downloaded the information from the bank into the system. It went into the bank feed limbo, which I call this area here. And then we gave the added information that necessary, which includes customers, vendors and accounts, and then rules that we set up in order to pull it over to the bank feed to the actual financials. And so then it creates the actual financials and related reports. So now let's just take a quick recap of how the bank feeds fit into the system, because you'll recall there are kind of different ways that you could fit the bank feeds into the system, depending on the type of company that you have. And oftentimes it's useful to think of this by cycle, the vendor cycle, the customer cycle. Let's just think about the customer cycle here with the flow process. Note that if you're waiting for the actual deposit to clear the bank and then record the deposit, that's the easiest thing to do. That's constructing the financial statements simply from the bank feeds, but you can only do that in certain industries, like if you have gig work and you're getting paid by a platform like YouTube or Amazon or something that might be possible to do. But by doing that, we're going to use a deposit form to record revenue, which is not the natural form used to record revenue, which is typically even on a cash-based system, the sales receipt on an accrual system and invoice. So we're going to lose some data. So as we look at the financial statements, considering this is how we constructed the financial statements primarily, then we want to discuss what kind of reports are going to be generated and possibly some of those subsidiary reports are going to have less detail with them. And then we took a step back and we did some examples of the creation of the sales receipt, which in that case you would usually make a sales receipt, then record the deposit and then use the bank feeds to match the deposit that we made to what cleared the bank and that helps out with the bank reconciliation process. So in that system, because we use the sales receipt, we have a little bit more detail and we can break out the sales on subsidiary reports by customer and by account or item. And then we've got the invoice here. That's going to be on an accrual basis where we make the invoice, usually received payment, and then record the deposit. So we've tested that out on a few transactions, although the primary transactions we put in place were the ones where we're going to create our financial statements from the deposits from the bank feeds. But we tested out a couple invoices as well, which would be a similar process to the sales receipt and that usually we would record the invoice, the receipt payment, the deposit, and then match the deposit to what clears the bank. So just keeping that in mind, let's go to our major two financial statement report. So I think we entered like three months of data here. So the balance sheet represents where we stand as of a point in time. And that shows us kind of the value of the company, what we have and who the company owes the money to. So in other words, we have assets, we've got the liabilities and equity assets represent what the company has, the liabilities and equity represent the other side of the coin who has claim to those assets. And the third party would be the liabilities equity would be the owner and the equity like we've talked about in prior presentations might have some different capital or different accounts within it, depending on whether you're a sole proprietorship, partnership or corporation. But when you think of equity as a total, you think about it as basically the book value assets minus liabilities of the company with that would then need to be further broken out to the partners or just to one owner or to, you know, we broke out between investments, draws and equity, for example, down below. So let's just go through these accounts and just think about them one by one. The checking account note the checking account, of course, is tied directly to the bank feeds. If we are constructing our books directly from the bank feeds, then the checking account will typically match whatever is on the bank in our bank account, real time, because we're constructing our financial statements from the bank data, as opposed to if we were doing a full service accounting system, there would be differences, even if we recorded or looked at the bank as of the same date, in this case, 12 31 22, because of outstanding checks and deposits, we talked about that more when we went to the bank reconciliations. And then we've got the accounts receivable note that is an account that tracks the the outstanding or the amounts owed to us for goods and service provided that we have not yet been paid for that is an accrual item. It goes up with an invoice. So if you have to deal with accounts receivable, then your bank feeds are going to have to have a little bit more complex system with regards to the bank feeds because you can't just use the bank feeds in order to record revenue, because you're going to have to track the receivables the outstanding balances. Now note that those receivables then have subsidiary reports to them.  So these are reports that would only be useful generally if you're tracking the accounts receivable inventory is another one that usually throws people off from going from a cash based system to an accrual based system. It has both a vendor or payment side of things as well as a customer or revenue side of things because we're by inventory put it on the books as an asset. And then we sell it take it off the books as an asset record the cost of goods sold. We've talked about multiple ways that you'd have to deal with that inventory process because you might have a periodic system or a perpetual system and you might be tracking inventory within QuickBooks or outside of QuickBooks. So then we have the unrecognized gains. This is going to be if we have investments and say stocks and bonds that's another area where we often want to record our investments and increase them or decrease them with the market value. And that becomes something that needs like an adjusting entry type of process that we've talked about in prior presentations we can't just do that just from the bank feeds typically equipment is another one where we typically have to deviate from a cash based system even if you're using a cash based system because the tax code will typically force you to deviate to the equipment account the account the credit card account is going to be another one that we can in essence use bank feeds of the credit card account you can think of kind of like a bank account but instead of the bank account decreasing what you have it's increasing what you don't have you're going into debt of course other than that it works in a similar kind of fashion and so we have the bank feeds that we connected to that loans are going to be another one that kind of complicate things a little bit because when we take out the loan it's going to go on the books as a liability so it's you've got kind of an accrual component there and you also have to break out the interest and interest on the payments and then the sales tax payable taxes always mess things up so now we've got this kind of accrual thing where we have to put the payable on the book we've talked about a few ways you might deal with that if you wanted to kind of try to simplify things depending on your system and then the equity represents the assets minus liabilities or the book value which because we're sole proprietorship here is broken out into one equity account and then the draws and investments the opening balance equity we saw is kind of like a QuickBooks account that is a holding account so it would be best to kind of take the money out of the opening balance equity account and net income represents what's on the income statement which once again shouldn't really be on the balance sheet but QuickBooks is trying to show us how it's connected to the income statement if it was a corporation you have like retained earnings and and that these common stocks and the retain it's almost easier than a partnership because the retained earnings then can be allocated to equal standard units of shares so the shares are what determines who owns what as opposed to a partnership where you'd have to track multiple capital accounts and their draws and their investments possibly if you're breaking that out because and they'd have to tie that out in accordance with the partnership agreement which gets kind of ugly can get kind of complex so then if I go to the profit and loss which is also called the income statement the other side of of our major financial statement reports we've got income and you'll note normally the income account is just something like service income or inventory income or you might have a couple different subsets but here we listed out the income basically naming who we got the money from often times that is something that you might do if you're building your income statement from the actual bank feeds so if I'm actually using the deposit form because I don't have that added detail that I have with the invoices and the sales receipts then I might just want to have more detail on my actual income statement naming the big vendor a big customers that gave us the money so what I mean by that is normally you can you can have just call it income whatever your income is whatever you're getting it from and in a generic format and then you can break out the added detail by getting the sales by customer and sales by item the sales by who you sold to and the sales by what you sold but you can't construct these two subsidiary reports if you're just using a deposit form to record revenue you would have to use the invoices and sales receipts the forms QuickBooks is designed to create revenue with so that's why you might end up breaking this out in in a lot more detail if you're in that fashion if you're building your financial statements from the banks statements themselves or the bank feeds themselves cost to get sold is related to inventory so it kind of throws kind of messes up the system makes us do an accrual type of thing oftentimes making it more difficult to build the financial statements directly from the the bank feeds and then we've got our expenses and then we've got the interest interest kind of messes things up oftentimes because we have to record the loan payments in accordance with amortization this is actually interest income doesn't throw things off as much and then the unrealized gains and losses that are related to the investments now let's look at some of the other reports I'm just going to go through it I'm going to go to the report center and we'll just give a quick recap of all these other reports can be kind of overwhelming but they're all tied to you want to think of them as all related to the major financial statement reports they might be giving you more information about the major financial statements report so we got the company financial standard this is the same breakout as if I go into here and I see these drop downs but they give you a little little recap of the reports so the P and L we opened up the profit and loss detail has a little bit more detail you could dive into that if you want profit and loss year to date comparison report now these are reports that you can actually kind of generate from the standard profit and loss so if I went into the profit and loss and wanted to see this broken out by month for example I can hit the drop down and go a month by month breakout I only have like a few months of data in it but it looks like that or you could break it out by quarter if you wanted to do that this gives you the quarter and the total or you can do a comparative report where you can go to the customize up top I'm going to put this back on the total and I'm going to make this from let's say 10 0 1 2 2 2 10 31 2 2 and then I'm going to say I want to the previous period the previous month and then show me the changes so I can and I can also do the prior year as well so then I got these comparative reports now I like to just build these comparative reports this way rather than use QuickBooks reports because if you can build them you have a lot more options I can compare last month to this month I can pair last quarter to this quarter I can see the two quarters added together and you can do the same thing on the balance sheet so you want to experiment with those settings you can also compare the current year to the prior year this month to last year at the same month and so on right so you go on for quite some time doing comparative reports so profit and loss previous year comparison another comparative report you can build profit loss by job that would be specific if you have a job cost type of system so that would like construction or something for example profit or loss by class so we talked about the classes this is another one you could build this as you the way you know you could turn on you know you could use your your tools up top to show it by class so we have it here shown by class but in any case you've got the two classes that we set up you might not be using class tracking but we talked a little bit about it so if you got class tracking turned on then of course you can run reports related to the class tracking we've got whole courses going into class tracking in another section you can dive into if you want profit and loss are unclassified we've got the income and expenses so income by customer summary so now this is the report that's that's given you information related to the income statement now so if I go into this item we've got the income by customer now note you would think that the total right here would tie out to the profit and loss report on the total income so I'd say the total income let's change this back to from 010122 to 123122 and so there we have it and the total income is here but we're not going to get all the added details not going to tie out because we used we we used the deposit forms to create our financial statements instead of using the income type forms invoices and sales receipts so those are the pros and cons you lose some of the detail of this report this report is no longer really all that useful because because we're using the deposit form instead of the the invoices and sales receipts income by customer detail same thing breaking out the customer information notice we still do have the customer information in the customer center so I could still go in here and I could see the deposits in here but it's not we don't get the added detail of breaking it out in the reports oftentimes so expenses by vendor summary so now we've got the expenses broken out by vendor we don't have the same problem on the expense side of things so the expenses by vendor if I go from 010122 to 123122 should still be useful however we put a couple things in here it's just PayPal probably shouldn't be a vendor here that's kind of thrown and the stripe which are kind of throwing things off that report not I don't use it quite as often as the income by customer or income by item which I think are often more useful items but note that you once again still have that vendor center information where you've got your vendors broken out thusly and you can see the items that were paid in here as well so I'm going to close this back out and then we got expenses by vendor we've got the expenses by vendor detail income you got a graph which isn't that useful but could be useful I would make those in excel you can export these reports and generate them in excel which is kind of nice and then you've got the balance sheet which we talked about that's what we've looked at the balance sheet detail the balance sheet summary this is like a shorter balance sheet which which is going to group things together by class as opposed to giving you all the counts within it this is a good report to start out with when you're giving other people the report I don't think it's as good for internal use but it's more simplified looking so it doesn't overwhelm people as much you got the balance sheet previous year comparison we've got the comparative reports you can build the comparative reports just like we talked about with the income statement you got the cash flow reports this is the other kind of big financial statement reports but the reason that I don't really count it as one of the major two financial statement reports that we're constructing as we do data input balance sheet and income statement or profit and loss is because you you kind of construct the cash flow after you've made the other two reports so even though it's a financial statement report it's not really being built in the same or at the same time right you would build it kind of afterwards typically if you were to construct it but now it's going to be breaking up this information on a cash flow basis there's three components to it the operating investing and financing we've got a whole course on cash flow if you want to understand that report better if you could build a statement of cash flows you're really doing quite well in understanding it then we've got the customers and receivables this is the supporting the accounts receivable account here so all these reports are generally tied into the balance sheet of accounts of accounts receivable which is an accrual account so if you have accounts receivable you're not really constructing your financial statements based on or directly from the bank feeds because you're going to have to deviate onto an accrual kind of component and then the AR aging is going to track how old the accounts receivables are so you can try to get paid on them the AR aging detail same thing with more detail open invoices the invoice is the form that we use to make a sale if we make the sale on account meaning we didn't get paid yet we sold something and we expect to get paid like in 30 days or something that's the form that increases the accounts receivable that we then have to track who owes us the money collection reports we got the average days to pay so how long does it take for them to actually give us the money average days to pay here we got the customer balance so you got the customer balance summary meaning how much do they owe you that backs up the accounts receivable we can also see that in the customer center so if so notice we have the detail here which are normally deposits for us but if we were invoicing clients and getting paid later then we'd have the invoices and we've got the outstanding balances here as you can see with this particular customer and then the customer balance detail so it's going to show us who owes us money the opening the invoices and the detail related to it unbilled cost by job which would be relevant if you have a job cost system transaction list by customer and then you got your lists which is the customer phone list which is more of a contact list rather than supporting the financial statements customer contact list item price list we probably don't have much in the customer list if we built our financial statements directly from the bank feeds because we probably just added the name of the customer like amazon or whatever and then and that's it so we might not have a lot of contact information related to them if you have a business where it's quite important that you have good relations with your customers all the time then you want to have their contact information and list that stuff out so you can put them on the mailing list or whatever then we've got the sales by customer so these of course are supporting the sales line so we've got the sales by customer summary and so notice we saw a sales by item up here so I think this might be the same report we looked at from 010122 to 123122 and so this is the report that I was kind of thinking about when I looked at that prior one which normally is supporting the line item of the profit and loss here but we don't have much detail related to it because we didn't use the invoices and sales receipts for the most part but just use the deposit form so we're losing the detail for this form it's not supporting this line item down here on the income statement that's the cost you pay for the ease of using the bank feeds to construct your financial statements just to contrast that with the item up here for the for the that's in the company and financial that I looked at the income by customer summary notice that's a similar name income versus sales I think they might be trying to take into account here the ends and increases and decreases by customer but I think the general report general report we would look at to support the sales line item would be in the sales item down here and this one which doesn't give us as much detail because we didn't we used the deposit form okay sales by customer detail gives us the detail of that similar report sales by ship to address if we had that information in there pending sales then we got nice little graph sales by item the items are the things that we sold so if I open this up from 010122 to 123122 then we we we're not going to tie out to the actual sales by the things we sold here because although we had a couple examples of items we sold using sales receipts and invoices and the items to populate them we made a lot of our sales using just a deposit form so this number normally would tie out to the sales line item here it does not because we used the deposit form and so we lose a little bit of that detail that's why we kind of broke out more information on our income accounts on the income statement instead of just having like one or two income account line items that would further be broken out by these subsidiary reports okay so then we've got the sales by rep if applicable then we've got the jobs this stuff would mainly be used if you had a job cost system and time tracking and mileage and whatnot we got the vendor and payables this is similar to the accounts receivable in that these reports are supporting the balance sheet report this time the accounts payable items so if you don't have any accounts payable if we're using bank feeds in order to construct our financial statements then we won't have any accounts payable that we're tracking the larger the business gets the more likely you'll track the accounts receivable and then you'll you'll have to be dealing with who you owe the money to then you have an AP aging report seeing how past do the stuff that you owe is AP aging detail vendor balance details which will tell you who you owe the money to vendor balance detail unpaid bills bills are the things that increase the accounts payable which if they have not yet been paid gives you the outstanding balances you can also see that information in the vendor center so here we basically have checks because now we're paying out but if we were entering the expenses and paying them at a later time we would list these balances here because we would have payables and we'd have to track who we owe the money to and try to manage our cash flow and pay them as late as possible as long as we don't get penalized is the general game played so then we've got the purchase by vendor so purchase by vendor summary purchase by vendor detail purchase by item which is going to deal with inventory items and these these are kind of dealing with inventory oftentimes which is another item which would more complicate reports that were made just from the bank fees so then we've got the purchase orders which are related to the inventory or buying inventory typically and then we've got the inventory reports themselves the inventory valuation summary clearly giving detail about the inventory line item so we have a couple things here but it would only be useful if you're using a perpetual inventory system tracking inventory within QuickBooks if you're using a periodic system tracking inventory outside of QuickBooks then this report's not going to be tracking the information for you if you don't have inventory then of course you wouldn't be using these reports as well then we've got the employee and payroll these reports would only be applicable if you have payroll turned on and if it was real-time in practice you would want to be paying for payroll typically although there is a manual payroll you can use to practice with which is a great tool for practice but you'd have to turn that on and then these reports would give you a whole bunch of whole whole world of reports that are going to help support the information that's on the balance sheet and the income statement but also give you the data that's necessary to support the creation of the quarterly reports the 941s the year end reports the 940 the the w2s the w3s and so on banking reports we've got the deposit detail check detail this is information you can kind of get from the balance from the balance sheet by just you know it's basically the the register detail if i double click on it you can then sort this detail by deposit if you want but these reports give you a little bit more information on that report than just a transaction report in any case to check the missing checks then you got the reconciliation and the the previous reconciliation we saw this when we did the bank recs this report is different than the other reports because it's not being constructed how do we enter data but instead is a comparative report an internal control type report then you got the accounting and taxes the trial balance hopefully i've convinced people that the trial balance is a good report to to use in practice 010122 to 123122 it's not something that i'm gonna customize it not something that you would typically give to like a client but if you're just entering transactions and trying to see what happens to which account and drill down and on the transactions with the zoom if you can just remember that this is the balance sheet on top of the income statement or assets liabilities equity and then income and expenses and you can see what those differentiations are you can you can work with a lot less open windows on the left hand side and more easily scroll back and forth between the data input and then seeing where that data input went so i highly recommend that report the general ledger report is kind of like the report if you look went to the if you went to the the trial balance and double clicked on any of these items then you get that transaction by account this is basically a general ledger report in essence for the checking account right so because it gives you the detail within it so the the general ledger we typically from an accounting standpoint just see that as all the detailed all the all the detailed information from 010122 to 123122 but now it gives it you know all of it in in one area and this is a good report that you can then filter by if you wanted to filter it down but a lot of people are just going to go if you're working inside the system to the trial balance and then double click on whatever account they're looking at transaction detailed by account so now you've got the transaction detail listed out by the account this is a good report these the journal report it you would think you would just have journal entries like meaning the types of forms we use are here and if it doesn't have a form that's going to be used then you enter a journal entry company and the journal entry make journal entry is is the default if there is no form to use but this report actually is going to take all the all the stuff you enter so if I run this report it's going to show me from 010122 to 123122 all the transactions we put in place with a debit and credit which is a great tool if you're doing if you're trying to figure out and the accounting of what is happening it's great to put the data input in look at the financial statements see the impact see the two accounts that are affected if you're trying to learn debits and credits then this report gives you the debits and credits and you can kind of see what's happening with each of the forms in terms of debits and credits you also might use this form if you're trying to bill somebody and you're trying to make the bill billing based on how many accounts you hit you know so you say if you if I if I did work within this range of accounts I'm going to charge you this much versus if it goes above this range I'm going to charge you this much this is a good report for that you can filter it too by types of transaction so you can kind of hone down on certain stuff good good report and then you've got the audit trail I won't get into that we got the avoided detailed transactions uh summary so avoided items avoided detailed transaction detailed transaction list by date this is similar to this report another really good report to go into because it gives you the detail from<PHONE_NUMBER>22 you can sort it in a similar fashion because it gives you the type of item here you can sort by type if you want and if you're supervising someone these two reports this one on the journal report are good to see what they actually did and again if you're billing someone then you might bill them on how many transactions you had that's another way you might bill them right you might say if you're within this range of transactions this is how much I bill you if you're within this range now the transactions some of these could be quite complex that's why the journal report you might try to build them on how many how many accounts were impacted because the journal report will then show those longer journal entries but if you're if most of your transactions are just two accounts impacted then you might use kind of this report to see the activity that you've done the data inputs you've made and so then the lists you got the account list the fixed asset list the income tax list and so on and then you've got your budget reports budgets are going to be something that's that is an added thing that bookkeepers or accountants would do because you not only need to know the accounting of it you're going to have to also kind of take into consideration other things so management needs to be involved because they're going to have to project what they're going to do differently in the future from the past and and then the accountants on our side we're going to have to say okay then what's that going to look like from a financial statement basis taken prior your data looking at that so we have a whole nother course on budgeting or section if you want to look at that and then lists basically we've seen most of these lists in other sections but these are more informational reports like you know given you the contact information and so on that kind of stuff so there's the general concept remember the major reports balance sheet income statement all other reports although overwhelming aren't actually that difficult to think about typically because usually they're just expanding on or giving more information about one or multiple line items on the major two financial statement reports the basic main things that we're building those being the balance sheet and the income statement otherwise known as the profit and loss