You know that you need to do your bookkeeping tasks, but are the tasks a daily thing , a weekly thing or a monthly thing. Here are my top tips of when to your bookkeeping.
Daily Bookkeeping Tasks
Make sure that you keep all receipts (both Physical and Soft Copies) in safe places. This could be as simply as having a box on your desk for the physical one and having a folder on your computer for the soft copies. This will make it easier to find information when it comes to doing your Weekly and Monthly tasks.
Weekly Bookkeeping Tasks
Weekly tasks are helpful in allowing your to keep an eye on your cashflow. By doing a weekly bank reconciliation you are able to be aware of your expenditure and keep an eye on your revenue. This is essential if you are invoicing people as you will know when payments are late.
Monthly Bookkeeping Tasks
At the end of the month, if you are on top of your Weekly and Monthly tasks you will be able to easily run reports that look at how the business is doing and how profitable you are.
If you are thinking but I don’t have time to do all those things then that’s when Bookkeepers (especially this one!) come in handy. Why not book a discovery call with me