Why bookkeeping matters | Bookeeping Services for Small Business
Bookkeeping… boring, right?!
What if I told you that accurate and up-to-date bookkeeping is as critical to your business as your kick-ass marketing strategy?
Bookkeeping can be daunting, so let me break it down for you:
WHAT:
Bookkeeping is the process of recording and organizing financial data within your business (a.k.a. Show me where the money went?)
WHEN:
Regularly. Depending on how many transactions you have, you can do bookkeeping either monthly or daily. My suggestion is to do it weekly (#moneymonday or #financefriday), at the minimum. Otherwise, transactions accumulate, overwhelm creeps in and we all know how that goes.
HOW:
Cloud-based accounting software and receipt-capturing apps. There are tons of free and paid options out there. I mean, there’s nothing wrong with good ol’ Excel but trust me, these apps are so smart and user-friendly, you’ll wish you’d hop on the tech sooner! For most of these apps, all you need to get started is access to your bank account and your phone (to take pictures of receipts). Get a list of my fave cloud-based finance apps here.
WHO:
YOU. Don’t tell your bookkeeper/accountant I said this, but with the help of technology, a simple process and a lot of consistency, you totally got this! Like I always say… practice makes progress. While hiring a bookkeeper has a time and a place, it’s crucial for biz owners to learn the basic process.
WHY:
Regardless of who does your bookkeeping and how, the goal here is to finally have the best information to make smarter business decisions! No more birdbox’n it like Sandra B, if ya know what I mean.
There you have it. Easy enough right?! Right.
If you’re ready to transform your financial process so you can stay on top of your bookkeeping and make tax season a breeze, then Bookkkeeping Bootcamp is for you!
This online course is design to give you the tools you need to help you stay on top of your bookkeeping and make tax season a breeze.
It’s perfect for small biz start ups and entrepreneurs who want to get their finances organized once and for all.