Are you starting a small business this year? Are you looking for ways to minimize expenses? Would you like to outsource financial duties so you have more time for networking, product development, or other aspects that require your focus? Here is a great checklist.
In case you’d like an “inside” view of specifics we can do for you, here’s what our bookkeeping reps do for our current clients. These are examples of details we enter when we perform bookkeeping work for you:
Set up Chart of Accounts with owner
Update bank downloads and sync with the bank and credit cards ...
It’s almost the end of the year! Are you feeling overwhelmed about getting your financial books arranged in an orderly way to feel well-organized for 2016? Are you going to be ready for 2015 taxes? Do you need advice to get the ball rolling?
We have a list of recommendations to help jump-start the process. If you do not know how to do any of these – we will be glad to come and train you or do it for you so that it will be ready for your accountant. We have a great year-end review team! Here goes:
· Hunt down all of your receipts and organize them by month in folders or envelopes.
· Run a P&L for the year and click on each line item to review what was placed in that category. Look for inconsistencies and change categories as appropriate...
“It’s tough being a stickler for punctuation these days. One almost dare not get up in the mornings.” So says Lynn Truss, in her humorously informative book, Eats Shoots & Leaves: The Zero Tolerance Approach to Punctuation. Here at HR Business Solutions, we’re sticklers for tidy books, which is why we get excited about bookkeeping clients asking us to go through and make sure everything is correct (or that it gets corrected!).
If you’ve ever said to yourself, “I hate the details – but I know more or less what’s been done in my bank account this month” then we’d love to put all the P’s and Q’s in order for you so you’ll have an accurate picture of “the big picture.”
Here’s why meticulous bookkeeping is so important: