Labor Day Bookkeeping Thoughts - Are Your Books Up to Date?

Labor Day - end of Summer, start of school. Here in Alaska there is a decided chill in the air as we see the Summer Tourist Season wind down. A few thoughts on your small business bookkeeping.

From a business perspective the year has been dragging on and all too often the bookkeeping can suffer - you get behind, they’re messy, you haven’t reconciled your accounts the last month or two (or maybe never since taxes were done!).

The problem with bookkeeping is that a mess just gets bigger and bigger until it is finally dealt with, With the holiday season quickly approaching end of year events, sales, activities and everything else claims your time and the time spent each month (week!) keeping books in order gets harder and harder. Finally the year is over and you think “my accountant will do it” except accountants charges to clean up books will make your eyes bleed. Plus trying to figure out transactions months after the fact pretty much guarantees deductions will be missed costing lots of money to the tax man.

Best bet? Spend a bit of time this next week to get your books caught up and in order. It will make the work at the end of the year go so much easier.

Have a bookkeeping or Quickbooks Online Question? Send me a message (it’s free)!

BTW - I am offering a Labor Day Special for my bookkeeping services for those small businesses whose books have gotten away from them - starting at $199 to clean up one month - send a message for details.