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What should you be tracking in your handmade, creative, or craft business bookkeeping system, is a question I’m often asked.

Honestly, I wouldn’t dream of telling you what you should be tracking in your bookkeeping system.

That’s YOUR decision. It’s YOUR business!

Are you faced with a HUGE pile of receipts, but don’t know what you should be keeping track of?

Sure, there are things that every business owner has to keep track of in their bookkeeping system in order to complete their tax return, but…

Every handmade, creative, or craft business in unique. That means your bookkeeping system will be different too.

  • As a maker or designer, you might need to track yarn supportwhile another may not.
  • If you’re a pattern designer, you might sell your finished samples – while another gifts them or donates them to charity.
  • Maybe as a designer, you might have a yarn stash that you need to track as inventorywhile another may ONLY purchase the yarn for a specific design
  • As a business, you might sell in multiple places – while another may only sell locally

There are just too many variables!

That’s why (even though I’ve been doing this bookkeeping thing for 30+ years), I wouldn’t dream of telling you WHAT you have to keep track of. But, I can help YOU figure it out!

I also wouldn’t dream of creating a bookkeeping system (using spreadsheets or software) and say, “here – this is what you need – use this.”

an image with a laptop  showing someone working in spreadsheets

Purchase this course for $99.00 (checkout below)

With my help, you can:

  • Learn about the types of things that you need to keep track of, to make the tax man happy.
  • Think about what YOU want your bookkeeping system to tell you about your business.
  • Discover things you might want to keep track of, that are specific to your business.
  • Offer you suggestions based on your needs,
  • And, help you build a Chart of Accounts for your business – all those big and little buckets that money flows in and out of.

Which is totally different than being given a spreadsheet and being told “this is what you need to keep track of.”

The “What should you be tracking in your handmade, creative, or craft business bookkeeping system” mini-course is Bookkeeping 101 – specifically for handmade business owners!

Here’s just some of the things you’ll learn in this mini-course:

  • The two main business reports that real businesses create
  • About the 8 big bucket categories that make up these two main reports – Assets, Liabilities, Equity, Income, Cost of Goods Sold/Cost of Sales, Overhead Expenses, Other Income, and Other Expenses
  • How those big bucket categories apply to your business
  • You’ll learn about specific things (the little buckets) that could go into those big bucket categories
  • We’re going to focus on a LOT of bookkeeping and accounting terms – but we’ll talk about them in a way that you can understand
  • I’ll help you to develop a list of all those big and little money bucket categories that you want to keep track of (otherwise known as a Chart of Accounts in bookkeeping terms)
  • And, we’ll talk about using spreadsheets or real bookkeeping software for your bookkeeping needs – so you can make an informed decision

What’s included in this mini-course?

I’m glad you asked! Here’s what’s included in “What should you be tracking in your handmade, creative, or craft business bookkeeping system“:

  • 8 video lessons
  • Slides & handouts
  • It’s self-paced (meaning YOU get to do it on your schedule – not mine!
  • BONUS TRAINING #1 – How to calculate business use of home
  • BONUS VIDEO – Inventory Showdown – where you get to see how Wave (free) compares to QuickBooks (Desktop) Pro and QuickBooks (Desktop) Premier handle inventory
  • Lifetime access – so you can review the training as our business grows

Wondering WHY I’m offering a course like this?

Oh boy, are you opening a can of worms! Here goes…………….

  • Handmade business coaches aren’t teaching you about the bookkeeping involved in running your business.
  • I don’t think you should be locked into using a (spreadsheet) system, designed by someone who knows nothing about your business.
  • I know most of you hate bookkeeping. But, I have to wonder – is it because the system you’re using doesn’t give you the information you want or need?
  • Most people I work with are totally overwhelmed by all the bookkeeping and accounting terms used by most CPA’s and tax preparers.
  • I strongly feel that in order to make sound financial business decisions, you need good bookkeeping records – whether your business makes a 3 or 6-figure income.
  • And more importantly, I like to help people.

Meet your instructor:

Hi I'm Nancy Smyth aka the Yarny Bookkeeper. I'm a career bookkeeper and handmade business owner just like you.Hi there, I’m Nancy Smyth, the YarnyBookkeeper.

If you haven’t heard of me before, you may be wondering who I am and what makes me qualified to offer a course like this:

  • I’m a handmade business owner – just like you
  • As a career bookkeeper (30+ years) – I’ve been providing bookkeeping services to hundreds of small-medium sized businesses.
  • I’m a Certified QuickBooks ProAdvisor and trainer (25+ years).
  • I’ve set up complete bookkeeping systems using QuickBooks for hundreds of businesses and taught them to use the system.
  • I’ve helped thousands of business owner create systems for special bookkeeping procedures that involved tracking project costs and payroll.
  • I’m not a CPA and I don’t do taxes.

Wondering what the difference between a career bookkeeper and a CPA is?

  • Bookkeepers are responsible for entering ALL the day-to-day business transactions. Categorizing them correctly and producing the final reports used by CPA’s to complete tax returns.
  • CPA’s take the reports and financial information prepared by bookkeepers and complete tax returns. They seldom (if ever) enter day-to-day business transactions.

Wait! Want to purchase this course along with the “Create a bookkeeping system for your handmade business that you’ll LOVE!!”? Check out the ♥️♥️Bookkeeping Essentials for Your Handmade Business♥️♥️ BUNDLE and save.