Doing your own bookkeeping? Here's what you need to know
- Humairaa Moola
- Oct 19, 2022
- 1 min read
Trying to DIY your bookkeeping? You NEED these four things šš»
ā A separate bank account... running expenses through your personal account is MESSY. Plus, you can easily miss expenses and end up paying more in taxes than necessary š³
ā A system for tracking your income + expenses. This could be a spreadsheet if you are just starting out or software if your business is growing.
ā A weekly/monthly checklist to stay on track
ā Basic knowledge of business taxes... very important to know the different types of taxes and what you can/canāt deduct
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