Are you struggling to make sense of the finances in your product-based business? Does the concept of inventory vs cost of goods sold leave you feeling like your head is spinning in circles? Then, I’m glad you’re here!
My #1 bookkeeping tip is NOT mixing business & personal funds in the same bank & credit card accounts is a recipe for disaster.
Deposits from Shopify or any other payment processor are not just your “sales”. They can represent up to 6 separate bookkeeping items.
Unlike a regular employee, being a business owner doesn’t always come with a regular paycheck. But what does it look like to pay yourself? Learn more here!
So many business owners get hung up on categorizing expenses the “right” way. Today, I’m here to tell you that it doesn’t really matter what you call them!
Keep reading to learn EXACTLY what (and when) you should be doing certain bookkeeping tasks to stay on top of it all!
If you’re in the very early stages of planning & opening your very own boutique business, one of the decisions you’ll have to make is what business entity structure you want to operate as.
Bookkeeping in the retail industry has some unique complexities that require some specific knowledge and experience to fully understand.
I know you hate bookkeeping, so let’s save you time with these 3 Quickbooks Online features (PLUS, one feature to avoid at all costs!)
Imagine having someone on your team who not only understands the language of numbers but also loves it! That’s what a good bookkeeper brings to the table.
