Bookkeeping using software, will cost you money- but it is going to SAVE you a LOT of time in the long run! Unlike spreadsheets, which we talked about last week, bookkeeping software costs money. Money is something that many handmade or creative business owners lack, especially when they are just starting out. BUT, time is …
Bookkeeping using spreadsheets was the most popular answer to a poll I created this week in my Free Facebook community. I asked the members of the community to tell me what they would like to learn more about: The most popular option was “how to set up a bookkeeping system using spreadsheets” and I have …
Getting the bookkeeping for your creative biz under control should be a high priority for every handmade business owner. If you are serious about running a creative or handmade biz you need to be serious about doing your bookkeeping. Over the next few week, I’ll be giving you some tips to help you turn over …
Tax time is almost here in the U.S. and that means it’s time to review your bookkeeping records and reports. For some of us, it may actually mean several days of grueling data entry. Either way, once the data is entered, you need to carefully review your reports for accuracy. For most of us here …
Bookkeeping mistakes happen – I get it – they happen to the best of us. But, sometimes bookkeeping mistakes happen because of something we read on the internet written by people who mean well. I want to warn you: Not everyone out there is qualified to give you bookkeeping advice! AND, not everything you read …
Choosing a business structure for your handmade (creative) biz is one of the first things you should do. Keep in mind that the legal structure you choose impacts everything – and I do mean EVERYTHING! You will need to research the different types of business structures that there are (I’ll give you a head start …
There are so many different ways of keeping track of your business receipts and keep the paperwork organized for your handmade business, here are a few tips that I find most helpful. We purchase something in a store and we’re asked “Would you like a receipt?” from the person checking us out. Unfortunately, we hear …
Two use tax tracking tips for your handmade business – one using QuickBooks and the other using spreadsheets. Last week we talked about the difference between Sales & Use tax and how it’s your responsibility to keep track of the amount of Use tax that you owe the tax department when you file your Sales & Use …
