1. Stay Consistent with Your Financial Records
The most important step in bookkeeping is consistency. Keeping track of your income and expenses regularly can prevent the chaos of sorting through receipts and bank statements later. I recommend setting aside time each week or month to update your records. If you’re unsure where to start or need help categorizing transactions, I offer training on how to use QuickBooks Online effectively, so you can take control of your finances.
3. Reconcile Your Accounts Regularly
Reconciling your bank and credit card accounts each month is essential for accurate financial records. This process ensures that all transactions are properly recorded and that your books match your bank statements. If you're pressed for time, I can handle your monthly reconciliations as part of my bookkeeping services, giving you more time to focus on running your business.
5. Run Regular Financial Reports
Understanding where your business stands financially is key to making informed decisions. Running reports like Profit and Loss and Balance Sheets can help you evaluate your business performance. If you’re not sure how to generate these reports, I’ll walk you through it, or I can provide you with easy-to-understand reports as part of my monthly bookkeeping services.
My services include:
- QuickBooks Online setup and training
- Monthly account reconciliations
- Categorizing transactions
- Running basic financial reports
- Personalized support to keep your books organized
Running a small business or side hustle is exciting, but keeping up with finances can be overwhelming. Whether you're just getting started or have been in business for a while, staying on top of bookkeeping is crucial to making informed decisions, tracking your profits, and preparing for tax season. If the thought of balancing your books is causing stress, you’re not alone—and I’m here to help.
At Lucio Bookkeeping, I specialize in QuickBooks Online to help small businesses and side hustlers manage their finances with ease. I offer affordable bookkeeping services tailored to your needs, starting at just $50 a month for low-revenue, very small businesses or side hustles and $200 a month for most businesses. Whether you're just starting out or need help catching up, I can assist you with QuickBooks setup, monthly reconciliations, and everything in between.
Here are a few simple bookkeeping tips to help you get started:
2. Separate Your Business and Personal Finances
One of the quickest ways to get organized is by separating your business finances from your personal ones. Open a separate business bank account and credit card, and make sure that business expenses are charged to the business account. This makes it easier to track your business transactions and ensures you don’t miss out on important tax deductions.
4. Keep Your Receipts and Document Expenses
You might be surprised by how many business expenses are tax-deductible! To make sure you don’t miss out on potential savings, keep all receipts and document your expenses. I can help you track and categorize these transactions in QuickBooks, making sure your business deductions are properly recorded.
Feeling Overwhelmed?
If you're feeling overwhelmed by bookkeeping or simply don’t have the time to stay on top of it, don't worry—I’m here to help! My bookkeeping services are designed to support small businesses and side hustlers like you. Whether you need assistance with QuickBooks setup, monthly reconciliations, or training on how to manage your finances efficiently, I offer customized solutions to fit your needs.
I offer free consultations to discuss your business needs and find a solution that works for you. Prices start at just $50/month for very small businesses or side hustles and $200/month for most businesses.
Let me help you simplify your bookkeeping so you can focus on growing your business. Financial Management Made Simple—that’s my promise to you.
Contact me today to schedule your free consultation and get your bookkeeping on track!
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