Bookkeeping, in general terms, is simply the recording and storing of your business transactions – what you’re earning (income) and what you’re spending (expenses). You have to keep records of all your business transactions, as well as proof that...
If you are a freelancer and aren’t sure of how you should be tracking your financial records, I can help. Here are eight record-keeping tips that will make tracking your finances a lot easier. 1. Organization is Key The key to success in every aspect of life is the...
For many businesses, their bookkeeping causes a lot of pain. However, when handled correctly, there are many pains that proper bookkeeping can remedy. Common reasons that bookkeeping causes pain are: it is intimidating, people don’t like it, and it’s often...
1. Hire a qualified CPA. Consider this a smart business investment not just some dead-weight cost. A top-notch Certified Public Accountant should be able to save you plenty more than his or her fee, given all the special tax breaks you can qualify for as an...
