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Plan :: Some Bookkeeping Tips
Some of My Favorite Bookkeeping Tips · KEEP THINGS SEPARATE o Keep your business and personal records and transactions separate from one another. You should have separate bank accounts and credit cards for your business and personal use. Purchases that are related to your business should be made with a business credit card or with a business checking debit card. This makes it a lot easier for your bookkeeper and tax preparer to easily determine expense categories. · KEEP GOOD RECORDS o Keep and file all of your receipts, invoices, bank and credit card statements and any other documents pertaining to your business. Make sure to use a system that…