Accounting Q&A: Your Monthly Bookkeeping Process Made Simple

The Small Business School Podcast

Welcome back to another Accounting Q&A episode of Small Business School, in this episode, we’re diving into the ins and outs of monthly bookkeeping!
Whether you’re managing your own finances or considering outsourcing, this episode is packed with tips to help you streamline your bookkeeping process and keep your finances in check. Let’s make sure your financial foundation is rock solid!
Topics Covered:

• Why monthly bookkeeping is non-negotiable. Building good financial decisions starts with consistent and accurate bookkeeping.
• Choosing your tools. From spreadsheets to QuickBooks, we discuss the pros, cons, and costs of various bookkeeping options.
• Three key steps to great bookkeeping: Categorize transactions, reconcile accounts, and review your work for accuracy and insights.
• Keeping personal and business finances separate, catching missed expenses, and asking the CFO-level questions about your spending.

Mastering monthly bookkeeping boils down to categorizing transactions, reconciling accounts, and reviewing your work to make informed financial decisions!
Reach out if you have questions!

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