It’s getting to be that time of year again. Yes, it’s almost time to be thinking about your year-end financial steps and 2018 taxes. The easiest way to make this as painless as possible is to be entering your financial transactions and monitoring your books on a regular basis. If you aren’t doing that, it’s not too late. If you want more information on how I can help you run your business more efficiently, please feel free to reach out to me for a free consultation.
To help you think about your bookkeeping needs, I have put together this checklist to ensure you are capturing the information you need to be successful and have it for your tax needs. Are you capturing things like this?
Income
- Gross receipts from sales or services
- Sales records
Cost of Goods Sold (if applicable)
- Inventory purchases
- Materials & Supplies
Expenses
- Advertising
- Phones
- Computer & internet expenses
- Business insurance
- Professional fees
- Office supplies
- Rent expense
- Wages paid to employees/contractors
- Other expenses
Get a complete copy of the checklist at: http://bit.ly/2PqJP1h