Your personal and business financial wellbeing is so, so, so, so important. Whether you bring in $50,000 a year or $250,000 a year in your business, you need to accurately account for all of the money-in and money-out, especially at tax time.
If you are like many entrepreneurs I have known, there is always a mad dash at tax time to get your books in order, or a flurry of activity when you want to check the financial health of your business.
I’m hear to tell you, it can be easier than that. And it should be!
While few people actually look forward to the minutia of bookkeeping, QuickBooks Online is my go-to tool recommendation for making it easy. You can add your accountant to the account at tax time, which eliminates the back-and-forth of reports and receipts, assets and spreadsheets (and enormous zip files).
You can also connect bank accounts and credit cards to automatically download your business transactions, and once the account is set up properly, monthly ins and outs can take just minutes.
I recommend either monthly or quarterly bookkeeping tasks to keep on top of things, and to lessen the burden at year-end.
For more Tool Recommendations, check out my Facebook page and Instagram, and get a more comprehensive breakdown, pricing, walkthroughs, tutorials, and more, in the Crafty Fox Framework.
** This post contains affiliate links and I may receive a small credit if you sign up for Quickbooks via the links above.