How To Stay Organized With Your Business Finances
Ask Andi: Biz Finance Advice for Solopreneurs
English - January 14, 2020 10:00 - 20 minutes - 49.3 MB - ★★★★★ - 22 ratingsEntrepreneurship Business Management accounting entrepreneur finance quickbooks smallbusiness smallbusinessowners Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Today’s question is about how to stay organized with your business finances. I am covering how you can create a bookkeeping routine and the benefits of making it a consistent routine along with how to keep your bookkeeping easy to understand and what to do with all of the paper and digital clutter. I’ll also cover tips on how to keep your tracking organized and giving you tools to use so you don’t have to start from scratch.
Let’s get your finances organized!
What we’re talking about
How Do I Get A More Organized Bookkeeping Routine? How Do You Keep Bookkeeping Easy To Understand? How Do You Keep Tracking Expenses Organized?How Do I Get A More Organized Bookkeeping Routine?
Getting more organized with your business finances is all about creating a routine and executing it consistently. You should be organizing your bookkeeping every week around the same time and at an optimal time. By creating a routine, you can create a workflow to work off of. Working on your bookkeeping weekly ensures that it doesn’t pile up over time and become too cumbersome to handle.
How Do You Keep Bookkeeping Easy To Understand?
Finances can seem overwhelming with all of the paper clutter and digital clutter along with the many tasks that you need to keep track of. When it comes to paper clutter, start digitizing it so that it’s all in one place. By digitizing your receipts, it’ll also be easier to identify your income versus your expenses.
How Do You Keep Tracking Expenses Organized?
Investing in and utilizing a digital bookkeeping system will organize your finances. A digital accounting system will help you categorize your income and expenses and track them. Another way to stay organized is to separate your personal from your business finances. By separating your finances, it will be clear to see what finances belong in what category and what should be included in your business finances.
Are you ready to get your business finances organized?
LINKS MENTIONED
Income & Expense Tracking Spreadsheet - Biz Finance Survival Kit