ROSYAN BOOKKEEPING SERVICES
Your affordable Bookkeeping & Consultancy Services.
Tel: 202.422.4586 Email: [email protected]
My Blog
Blog
Bookkeeping Tips to Save Time and Money.
Posted on February 1, 2013 at 2:13 AM |
Do you know that Inputting checks, managing bank accounts and creating reports doesn't have to be an intimidating process? Wow,we have entered the second month of the year 2013, and I know that so far, it has been a great and fantastic season for us. For most people in the States,this is a period of tax preparation and filings, for both individuals andorganizations. We should know by now, that having a good bookkeeping system is essential to having a successful and smooth tax filing season. I know from experience, that some small-business owners view bookkeeping as a burdensome task that takes them away from running their business. It makes others nervous, and they may second-guess their knowledge and skills in fear of the Internal Revenue Service knocking on their door. I want to let you know that, you don’t have to be intimidated or bored by accounting or Bookkeeping. Successful business owners don’t view bookkeeping negatively. They have adopted a few basic procedures to stay on top of the paperwork. By doing so, they save time, money and a lot of stress. I have listed below the basic steps to gain control of your business bookkeeping tasks: 1. Use accounting software such as QuickBooks: QuickBooks is a set of software solutions, designed to manage payroll, inventory, sales and other needs of a small business. Each package is developed according to different industries and their needs. The great thing about QuickBooks is the fact that it combines a variety of accounting processes into one user-friendly system, and this is why it is highly recommended. You have to become at least generally familiar with theQuickBooks software, this includes basic knowledge like knowing how to input checks, enter vendors and customers, reconcile bank accounts, and create reports and other data. Once, you have this in place, you can choose one of these different ways to maintain it:
2. Scan your receipts, business cards and other important paperwork. Some software products import directly into QuickBooks. Utilizing this type of tool will help save time and paper, and help audit-proof your record. 3. Separate personal accounts from business accounts. Don’t mix the two.Keeping personal and business bank accounts and credit cards separate will make bookkeeping much easier and help maintain your corporate veil if you have a formal entity. 4. Avoid cash.Instead, use your debit or credit card religiously. When you use cash you lose track of potential write-offs. If you have to pull money out of an ATM, note on the receipt the purpose of the withdrawal. 5. Go paperless.Storing tax documents for at least six years can be a hassle. Another option is to purchase a small fireproof safe to store important personal documents(passport, life insurance, etc.) along with a regular backup of your bookkeepingsoftware and tax returns saved on a flash drive. For extra data protection,consider off-site physical storage or online data storage for these records and scanned files. 6. Auto-track your mileage. Keeping a written record of all your business, charitable and medical auto mileage can be a pain. Look into a satellite-assisted service, phone application, or software program. 7. Meet with your CPA at least twice annually. Review your business plans, financials, tax deposit amounts, payroll procedures and tax strategies.The cost of taxes is too high to leave your plans to chance. Just a few minutes on a regular basis can save thousands of dollars. Also, remember that your CPA should be bringing you strategies and ideas in these meetings. If the meeting consists of you throwing out ideas and your CPA shooting them down, you have the wrong CPA. Find a planner who is reaching out to you with ideas and strategies on a regular basis. We are available to help you out with your QuickBooks Bookkeeping Services and training,and we also offer other accounting/Bookkeeping services at great rates too. Why don’t you give us a call today and see how we can save you and your business tons of money. Email us for more details on [email protected] ,we would love to hear from you. |
Categories: Account Setup, Balance Sheet, Balance Sheet Reporting, bookkeeping, bookkeeping,Tax Returns,QuickBooks,Bank Reconciliations,bookkeeping services,small business, Budgeting,Accounting,Business Planning, New Year Resolutions, New Yer Planning, QuickBooks,Small Business Bookkeeping,Bookkeepers rates,business decisions
Post a Comment
Oops!
The words you entered did not match the given text. Please try again.
25 Comments
Loading...

Reply
instant credit card
4:39 AM on February 19, 2013
Massive piece of the writing about the time and money saving tips. Your information is so valuable for them who welling to save their times and money like me. But your credit card information success to makes me knowledgeable about this issue.

Reply
Free Stock Tracker
1:47 PM on March 8, 2013
I agree with each and every conclusions made on this topic. It is really very informative. Thanks for sharing.

Reply
Bonanza Tips
6:44 AM on March 12, 2013
All the efforts you put in the blog post is appreciable. Entire blog is informative. Looking forward to read more blogs and contents from you. Wish you luck!

Reply
Contractor accountants Service
8:47 AM on April 19, 2013
Your blog has always attracted me and this particular post regarding the bookkeeping tips, left me speechless. It is one of the best pieces of writing I have seen. Good job.

Reply
Rosemary
3:56 AM on April 22, 2013
We appreciate all your lovely comments and we are happy to know that our company has been able to provide great tips and information on how to handle every aspect of your personal and business lives.We promise to deliver more interesting and captivating articles to improve your lives.Please keep checking back for more.

Reply
Forex Tips
5:42 AM on April 30, 2013
This blog impressed me and over exceeded my expectations. You know how to involve a reader and increase his curiosity to read more.

Reply
Vacations in Belize
5:33 AM on May 1, 2013
Nice post.Thank you for taking the time to publish this information very useful! I've been looking for books of this nature for a way too long. I'm just glad that I found yours. Looking forward for your next post. Thanks

Reply
bag closing machines
12:54 PM on May 17, 2013
I have fun with, cause I discovered exactly what I was looking for. You've ended my 4 day lengthy hunt! God Bless you man. Have a nice day. Bye

Reply
travel to beijing
2:19 PM on May 18, 2013
It' exhausting to find knowledgeable folks on this matter, but you sound like you understand what you�re speaking about! Thanks

Reply
justsnapthis
10:51 PM on May 23, 2013
Pretty nice post. I just stumbled upon your blog and wished to say that I've truly enjoyed surfing around your blog posts. After all I'll be subscribing to your rss feed and I hope you write again very soon!

Reply
impotenzbehandlung
11:16 PM on June 15, 2013
these are great tips that can save me a hell lot of money and time, thank you for this little review

Reply
Intraday tips
12:38 PM on September 27, 2013
Bookkeeping Tips to Save Time and Money is really conveyed topic for me.Effective tips and helpful suggestions you shared with us.I agree with each and every conclusions made on this topic. It is really very informative. Thanks for sharing.

Reply
speedmaxbet
3:36 AM on November 21, 2015
instant credit card says...
Massive piece of the writing about the time and money saving tips. Your information is so valuable for them who welling to save their times and money like me. But your credit card information success to makes me knowledgeable about this issue.
Then I will be able to find information on some aspects and how to find information.

Reply
gclub
10:46 AM on February 19, 2016
Free Stock Tracker says...
I agree with each and every conclusions made on this topic. It is really very informative. Thanks for sharing.
Pretty nice post. I just stumbled upon your blog and wished to say that I've truly enjoyed

Reply
Rosemary
7:26 AM on February 20, 2016
Free Stock Tracker says...
I agree with each and every conclusions made on this topic. It is really very informative. Thanks for sharing.
Thanks for appreciating our work and for all your great comments. We always do our best to exceed your expectations and providing you with financial information that will help your Business grow. Keep checking for more information and Updates.

Reply
Rosemary
7:26 AM on February 20, 2016
Free Stock Tracker says...
I agree with each and every conclusions made on this topic. It is really very informative. Thanks for sharing.
Thanks for appreciating our work and for all your great comments. We always do our best to exceed your expectations and providing you with financial information that will help your Business grow. Keep checking for more information and Updates.

Reply
Stock Trading Tips
9:55 AM on June 18, 2016
I'm very impressed through the detail of a blog posts on Regular Massage nicely Being. this are going to be very helpful. Thanks regarding sharing your thoughts.

Reply
Kisch
6:18 AM on October 23, 2016
We had a lot of trouble with the previous SEO company we
hired, I have been researching it myself and next time I are probably
going to hire someone in-house to do it
Shared this on wall, very useful!
hired, I have been researching it myself and next time I are probably
going to hire someone in-house to do it
Shared this on wall, very useful!

Reply
ibcbet
8:44 AM on January 16, 2017
Stock Trading Tips says...
I'm very impressed through the detail of a blog posts on Regular Massage nicely Being. this are going to be very helpful. Thanks regarding sharing your thoughts.
Thank you
Categories
- bookkeeping,Tax Returns,QuickBooks,Bank Reconciliations,bookkeeping services,small business (21)
- Budgeting,Accounting,Business Planning (11)
- QuickBooks,Small Business Bookkeeping,Bookkeepers rates,business decisions (15)
- New Year Resolutions (4)
- New Yer Planning (5)
- Balance Sheet (7)
- Balance Sheet Reporting (10)
- Account Setup (6)
- bookkeeping (29)
- Tax Filing (16)
- tax refunds (18)
- Tax Returns (17)
- Accounts Payables (3)
- Accounts Receivables (6)
- Business Budgeting (8)
- Business forecasting (8)
- Inventory (1)
- Online Banking (4)
- Payroll (10)
- QuickBooks Review (6)
- QuickBooks Setup (13)
- QuickBooks Software (11)
- QuickBooks Support (8)
- QuickBooks Training (9)
- Finance Management (4)
- Law of Money (3)
- Money Perspective (3)
- Personal Finances (4)
- Spending Wisely (9)
- Tracking your expenses (13)
- Financial Position (4)
- Tax Preparation (12)
- Cash flow (6)
- Cash flows (4)
- Small Business Setup (5)
- Business profit (9)
- profit (6)
- profit forecast (3)
- profit making (6)
- 2014 standard mileage rates (1)
- 2014 Tax Returns (2)
- 2015 Tax Filing Season (3)
- Business Expenses (10)
- Health Insurance credits (1)
- Fraud (2)
- Online Fraud (2)
- quickbooks (11)
- Wealth Management (2)
- Chipcards (2)
- Credit Card Rules (4)
- EMV (2)
- New Credit Card Rules (3)
- 2015 Tax Returns (3)
- 2016 tax filing season (7)
- Year End (7)
- tax season (9)
- Tax Deductions (10)
- 1099 Tax Filing (2)
- 2016 tax (4)
- 2017 Tax Filing Season (5)
- w-2 (9)
- lower your taxbill (4)
- Tax Bill (10)
- 2016 Tax Filing (2)
- 2016 tax returns (4)
- 2017 tax filing (4)
- credit card expense (2)
- 2017taxes (4)
- 2017TaxSeason (5)
- taxes2017duedate (3)
- Personal development (1)
- Intuit Road Show (1)
- passion (1)
- 401K Contribution Limits (1)
- 401K Retirement (2)
- IRA (2)
- IRS (7)
- 1099 filing (4)
- 2017 Tax Returns (4)
- 2018 Tax Season (5)
- 2018taxes (4)
- 2018taxreturns (4)
- Intuit (1)
- proadvisors (5)
- quickbooksproadvisors (1)
- quickbookstraining (4)
- ITIN Number (3)
- ITINs (3)
- Tax ID (3)
- accounting (5)
- careerdevelopment (1)
- entrepreneur (3)
- youthempowerment (1)
- giftcard fraud (1)
- giftcards (1)
- 1099filing (3)
- 2019taxseason (3)
- w-2s (2)
- 2019taxreturns (2)
- taxes (4)
- taxreturns (4)
- taxseason (3)
- corona (1)
- Coronavirus (2)
- covid19 (2)
- stimuluscheck (4)
- stimuluschecks (6)
- stimuluspackage (5)
- COVID-19 (2)
- Economic Injury Disaster Loan Program and Advance Loan (1)
- EIDL (2)
- loan documentation (1)
- loan documents (1)
- non-profits (1)
- paycheck protection program (2)
- PPP (2)
- SBA Loan (4)
- small business owners (4)
- EIDLGrant (2)
- EIDLloan (1)
- loandocument (1)
- PPPloan (1)
- PPP loan (1)
- bank loan (1)
- bank reconciliation (1)
- reconciliation (0)
/
Oops!
Oops, you forgot something.