• Keep your paper files in as good an order as your e-files.  Base your filing order on your Chart of Accounts expense list.
• Manage your paperwork flow with regular routines and updates completed in a timely manner.
• Be consistent in your software use and the memo field to describe your entries.
• Use Reminders and To-Do’s to avoid being late on tasks or taxes.
• Bill your customers regularly and pay your vendors on time.
• Reconcile bank, PayPal, credit card and loan accounts monthly.
• Keep business activity separate from personal and post the personal activity to ‘owner’s draw’.
• Save paperwork and receipts!  If your CPA doesn’t need them the IRS might.
• Use and empty by months’ end a ?Questions? account for problem entries.
• Use a payroll service to ensure accuracy and save your company money.

How can John be of help?

****** Don’t wait until year-end to clean-up your books. Attend to issues, questions, or problems when they are fresh in your mind. Learn as you work with your books not to make the same mistakes again!