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In this YouTube video tutorial, Amanda Russell, the business finance coach, introduces a free spreadsheet template called Catch Up Bank Statements. The tool is designed to help individuals who have fallen behind on keeping accounting records easily get their category totals caught up for their business. By using this spreadsheet, users can accurately track their total income and expenses. The goal is to quickly and efficiently catch up on accounting records so that users can focus on managing money effectively to stay informed. The tutorial emphasizes the importance of knowing and tracking income and expenses in order to stay organized and make informed financial decisions.
