Accounting and Bookkeeping Advice for the Small Business Owner
Next Monday, July 20th, I'll be doing a tele interview for the blog Woman on Quilts at 5pm PDT. The focus will be creating and business. Call in and have the opportunity to ask questions on the many different facets of this topic!
This next week, Friday June 12- Friday June 19th 9PM PST.Make a comment on any post in this blog and I will randomly choose someone for a small business 50 minute consult, anywhere in the US by phone. Comment now for your chance!
The fine print: This offer is for new clients only, I will call you on my dime and will only announce your winning if you choose. Your privacy is my concern.
2016 may be days away from its last gasp but for accounting professionals, we're just about to start our deep dig and clean up of the outgoing year. Even if you're stressed about not having your act together in 2016, it's not too late. Bookkeepers like myself have the month of January to get 2016 tidy and together for CPA's and Enrolled Agents to file taxes.
Take a deep breath and give a bookkeeper a call and look forward to facing 2017 a little more organized. You can do it, let me help!
For those with a fiscal year end of December 31, it's the time to start thinking about what you need to take care of before you ring in the new year. Here are some basic steps to get you going:
Make sure that you have all your bills entered into Payables and you're in agreement with the vendor statements you get. It's important to know on December 31st what you have paid for in advance (like half of a cell phone bill) and what you still owe.Get your Receivables in order too. Print statements and get them out to your clients as soon as possible so that they know what they owe as well. It's much easier to get the time to compare notes before everyone is on holiday vacation.Do you need to spend down some cash on new equipment before the year's end? Do you have any trust accounts (tenant deposits or deposits on your services)? Now's the time to make sure your totals are where they should be.Do you want to move to a new accounting system or do you want to create a n…