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    Bookkeeping for Small Businesses Tip: How to Save Money

    [fa icon="clock-o"] Mar 19, 2014 10:45:00 AM [fa icon="user"] BudgetEase [fa icon="folder-open'] Small Business, Financial Management, For Accountants, Bookkeeping

    Be Organized 

    ID-100197308If you are receiving help from an outsourced bookkeeper. Keep a file of to does for your bookkeeper and update it before your bookkeeper arrives. 

    Have a Policy & Procedure Manual 

    Set-up a Schedule 

    Schedules set expectations, result in efficiencies and lower bills. For example, bank reconciliations completed by 2nd or month, bills paid on Fridays . . . 

     

    Focus on The Initial Set-up 

    Have your books set-up "right" the 1st time  to avoid expensive clean-ups down the line and if "errors" are made, spend the time and money to correct immediately.  

    Address Errors or Adjustments ASAP 


    Incorrect errors and/or adjustments magnify overtime and make for more extensive and expensive fixes. 

    Get The Right Training 

    Avoid errors and future corrections costs by getting new employees trained sufficiently.

    If you need additional bookkeeping help, check out BudgetEase and we will set you up with a quickbooks certified advisor. 

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    Written by BudgetEase