Doing your own bookkeeping? Here's what you need to know
Trying to DIY your bookkeeping? You NEED these four things 👇🏻
✓ A separate bank account... running expenses through your personal account is MESSY. Plus, you can easily miss expenses and end up paying more in taxes than necessary 😳
✓ A system for tracking your income + expenses. This could be a spreadsheet if you are just starting out or software if your business is growing.
✓ A weekly/monthly checklist to stay on track
✓ Basic knowledge of business taxes... very important to know the different types of taxes and what you can/can’t deduct