9 Smart Bookkeeping Tips for Small Businesses | AllBusiness.com

Are you a numbers person? Some small business owners love going over their books—after all, it’s their personal scorecard of how well the business is doing. Others dread dealing with numbers or get so caught up in day-to-day operations that they neglect their bookkeeping.

Whether you love it or hate it, good bookkeeping is essential to small business success. Here are nine bookkeeping tips for small businesses that will help put your business in the black.

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9 Tips For Improving Your Bookkeeping in the New Year | Business News Daily

Doing a less than stellar job keeping track of your business finances? Maybe your New Year’s resolutions should be to get your financial house in order.

To help, Greg Jones, CEO of Bookkeeping Express, a franchise bookkeeping services offers the following financial tips for business owners to financially prepare for the New Year.

  • Review bank statements and credit card statements

These statements should always come to the business owner or card holder unopened.  Review them thoroughly before passing them to the bookkeeper or other employee, thereby preventing unauthorized checks or credit card usage.  These are the biggest losses within a small business.

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