BudgetEase Blog - Making YOU Profitable™

    6 Bookkeeping Time Savers for Small Businesses

    [fa icon="clock-o"] Jul 10, 2017 9:20:00 AM [fa icon="user"] Kathy Dise [fa icon="folder-open'] For Accountants, Bookkeeping

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    1. Download Bank Transactions

    If your bank doesn’t offer this service for free, consider using another bank. Downloading to QuickBooks has become a universal service.

    2. Review you General Ledger monthly

    A quick review monthly to make sure all your transactions are in the correct account will make year-end a breeze.

    3. Pay bills online or print checks 

    Writing checks takes four times as long as paying bills online. If you are writing more than 5 checks a month, it is time to move to a more efficient way to pay your bills. Bill.com is often the most efficient solution.

    4. Upgrade your QuickBooks software every 3 years

    Or move to QuickBooks Online. There really is a difference and software is cheap.

    5. Review your Chart of Accounts 

    Have your accountant or a trained QuickBooks certified advisor look over your Chart of Accounts to make sure they are set up correctly. You will save your accountant time and as a result, yourself money if your Chart of Accounts is set up correctly.

    6. Backup your QuickBooks software often 

    If you are using QuickBooks Desktop, set your backup setting for every time you close the program. Make sure the backup in not on the same device as the program. 

    If you need any assistance on making your bookkeeping process more efficient, contact us: 

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    Kathy Dise

    Written by Kathy Dise

    Kathy has over 30 years experience helping small businesses succeed. As a commercial lender, commercialization expert and now as a QuickBooks diamond level advisor, Kathy understands the challenges small business owners face. Her experience helps business owners quickly accomplish their financial goals. As the owner of BudgetEase, Kathy works with clients to develop a plan to efficiently process 1,000s of small transactions so owners can make informed decisions. She lives in Shaker Heights, OH with her husband Ralph and enjoys golf, curling and walking in Cleveland’s fabulous Metro Parks.