Helpful Hints for Year-end Preparation for Your Accountant

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Getting ready to give your paperwork to your accountant? Here are a few helpful hints to assist you in that process. If you have an accounting software or spreadsheets that you use, provide your accountant with them. Some of the questions they may have can be answered by accessing your data without an extra call to you. Have all your bank statements for your accountant including the month following your year-end. Also include your software’s reconciliation report to prove that your bank is reconciled and you have accounted for all […]

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Bookkeeping 101

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Bookkeeping can be overwhelming for a business owner who already has to wear many different hats to run their business. I have a few suggestions to help you become a successful keeper of your financial documents: Have separate bank and credit card accounts for business and personal – and don’t confuse them! If you follow this simple rule, you will ensure that all of your expenses and income are calculated correctly. If you can’t remember which debit/credit card is for business write on it with a black permanent marker.   Put […]

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