Welcome to the Yarny Bookkeeper
Welcome to the Yarny Bookkeeper
So you want to start a handmade business
So you want to start a handmade business
Webinar Replay-10 Things EVERY handmade business owner should know!
Webinar Replay-10 Things EVERY handmade business owner should know!
What do you want to know about starting a handmade business?
Starting your handmade business

What do YOU want to know?

What do you want to know about starting a handmade business and bookkeeping for your handmade business? It’s occurred to me that I can write all kinds of articles about starting a handmade business and bookkeeping for your handmade business – BUT – if I’m not answering YOUR questions, then I’m just adding to all …

Equity-Accounting speak for your handmade business
OMG I'm SO confused!

Equity-Accounting Speak Your Handmade Business

Equity – that’s an accounting speak for your handmade business term used by CPA’s, tax professionals, and business advisors for how much your business is worth.  That’s why Equity are the third section of your Chart of Accounts and your Balance Sheet report. What the heck is Equity? Equity is a tricky little devil and isn’t entirely straightforward (imagine that!).  Depending …

Liabilities-Accounting speak for your handmade business
OMG I'm SO confused!

Liabilities-Accounting Speak Your Handmade Business

Liabilities – that’s an accounting speak for your handmade business term used by CPA’s, tax professionals, and business advisors for money that you owe or will owe to others.  That’s why Liabilities are the second section of your Chart of Accounts. Liabilities are divided into two categories: When it comes to bookkeeping, accounting, taxes, and the IRS – …

Assets-Accounting speak for your handmade business
OMG I'm SO confused!

Assets-Accounting Speak Your Handmade Business

Assets – that’s an accounting speak for your handmade business term used by CPA’s, tax professionals, and business advisors for the things that your handmade business owns that has value.  That’s why Assets are the first things that are listed in the Chart of Accounts. Assets are divided into three categories: When it comes to bookkeeping, accounting, taxes, …

Chart of Accounts - Accounting speak for your handmade business
OMG I'm SO confused!

Chart of Accounts-Accounting Speak Your Handmade Business

Chart of Accounts – that’s accounting speak for your handmade business for the way that CPA’s, tax professionals and business advisers organize financial data about your company.  They use a Chart of Accounts much like we use  a plastic storage organizer to organize our crafting supplies. Now, technically speaking (according to General Bookkeeping and Accounting practices); each …

Accounting for overhead expenses in your handmade business
Tracking costs of handmade items

Overhead Expenses-Your Handmade Business

Overhead expenses in your handmade business are confusing – it doesn’t mean that they are expenses that are literally over your head 😛 In a previous post – Keeping track of expenses for your handmade business, we learned that overhead is just an accounting speak term that means – costs (money you spend) in your business that …

Does tracking the cost of your handmade items have you frazzled?
Tracking costs of handmade items

Tracking Costs of Handmade Items Got You Frazzled?

Is tracking the cost of your handmade items have you frazzled?  Need a solution?  I have one for you – a FREE Project Pricing Worksheet. As handmade business owners tracking the costs of our finished items is every bit as important as keeping tack of ALL the costs to run our business. Do you: rely …

Keeping track of expenses in your handmade business
OMG I'm SO confused!

Keeping Track of Expenses for Your Handmade Business

Keeping track of expenses for your handmade business is just one piece of your bookkeeping, accounting, record keeping, or whatever you choose to call it. In our last blog post, we talked about why you need to do bookkeeping for your handmade business. In this post, we’re going to do a basic overview about what …

Bookkeeping & your handmade business
OMG I'm SO confused!

Why do I need to do bookkeeping for my handmade business?

Business and bookkeeping go hand in hand – it’s a fact of life just like death and taxes.  The moment you decide you are going to start a real handmade business and not just be a hobbyist anymore – EVERYTHING changes! One of the changes is that you now need to do some serious bookkeeping …