The "so-called experts" in the handmade or creative business world all seem to recommend spreadsheets.  I'm betting that most of them actually use software, even though they tell YOU that spreadsheets are the way to go - so they can SELL you a spreadsheet that they designed but don't use anymore!  

Software or spreadsheets for handmade business bookkeeping

Wondering if using bookkeeping software or spreadsheets for your handmade or creative business bookkeeping is a better choice? Well, you aren’t alone – it’s a tough question and doing the research makes it an even tougher decision. And, let’s face it, I KNOW that most handmade or creative business owners DETEST doing their books and …

Bookkeeping & how to overcome your fear of numbers

Bookkeeping & how to overcome your fear of numbers

Keeping on track of your numbers (finances) determines your success or failure.  If you are constantly avoiding your bookkeeping you’ll never get a handle on your financial numbers. Bookkeeping & how to overcome your fear of numbers Bookkeeping & how to overcome your fear of numbers is this weeks topic, because I hear things like …

Bookkeeping using spreadsheets-is it right for your handmade biz?

Bookkeeping using spreadsheets

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: creating a bookkeeping system using spreadsheets setting up QuickBooks Online to do your books using QuickBooks Desktop …

Tax time is approaching-Advice from the bookkeeping fairy

As Tax time approaches-Advice from the bookkeeping fairy

As TAX time quickly approaches, I’m betting most of us wish we had a bookkeeping fairy to turn to for advice (or one that could simply work her magic and our books would be done).  Unfortunately, there is no such thing as a bookkeeping fairy – but I can offer up some advice. Unfortunately, there …

There is no such thing as a bookkeeping fairy who'll come along in the middle of the night and handle your bookkeeping

Get the bookkeeping for your creative biz under control

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 2018, review your records

Tax time, review your bookkeeping records

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 …

set aside your self-employment taxes
Taxes

Self-employment taxes & your handmade business

Self-employment taxes are your responsibility when you have a handmade business.  When you are self-employed, you are responsible for paying your own Federal Income Tax, State Income Tax, Self-employment tax (Social Security and Medicare), and perhaps even additional city or local taxes.  You don’t have a choice and you can’t choose when you start contributing …

Accounting for overhead expenses in your handmade business

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 …