94: Check Your Bookkeeping Accuracy With This Report Whether You’re Starting A Business, Self-Employed, A Solopreneur, Entrepreneur, Owner, Side Hustler, Freelancer, Bookkeeper, Or Virtual Assistant

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When you are utilizing a computerized software system to do your bookkeeping, it will save you time if you are taking advantage of all the bells and whistles it has to offer, but how do you know that everything is getting classified in the proper accounts? One of the tradeoffs you have when you are using functions such as bank feeds and automatic data entry is that you need to make sure you are reviewing all of your transactions for accuracy. In today’s podcast episode, I cover one of the most important reports you can review to ensure all the transactions you have going into your financial statements are categorized in the right accounts. This is a simple report to generate, and it won’t take you too much time to review, especially if you are able to work on your bookkeeping on a monthly basis so that you have accurate financial statements to review. You know I always recommend you keep up with your bookkeeping and reconcile your accounts on at least a monthly basis. When you do this, you are able to make smart business decisions in real-time for your business rather than having this information months after the tax year has ended, and you no longer have the ability to be proactive about your business decisions. Whether you are a self-employed individual, a solopreneur, entrepreneur, mompreneur, freelancer, small business owner, a remote, virtual, online, or in-house bookkeeper, or a virtual assistant or VA, having the knowledge of this easy-to-generate report and understanding how simple it is to spot errors will give you even more confidence that you are doing your bookkeeping accurately. To celebrate my upcoming 100th podcast episode, I am giving away a four-week business strategy and coaching package to one of my lucky podcast listeners. If you’d like to be entered in the drawing, you need to sign up for one of my free consultation sessions by September 3rd, 2022. You can go to https://www.FinancialAdventure.com/contact-us to schedule your session today. These tips are essential whether you are using a computerized software system like QuickBooks, Xero, Wave, or FreshBooks for your business finances; or doing your bookkeeping manually with an Excel spreadsheet or even a Google Document…

Schedule a free consultation, and we’ll work together to dive into where you’d like to see yourself and your business in the future. We’ll create a laser-focused plan including which action steps you need to take to get you started on the path to success:

https://www.financialadventure.com/contact-us

The Strategic Bookkeeping Academy, including Bookkeeping Basics, is open for registration! You can learn more and sign up here:

https://www.financialadventure.com/sba

Grab Your FREE guide: 5 Essential Strategies For Stress-Free Bookkeeping:

https://www.financialadventure.com/5essentials

Your FREE Online Virtual Bookkeeping Business Starter Guide & Success Path is waiting for you:

https://www.financialadventure.com/starterguide

Apply to join the Mastering Your Small Business Finances CEO Mastermind or the Elevate Your Bookkeeping Business GROW Mastermind group:

https://www.financialadventure.com/mastermind

Looking for a payroll solution for your business? You can get an exclusive 15% discount on your payroll services when you sign up here:

https://www.financialadventure.com/adp

Looking for an extremely beneficial online bookkeeping resource? Join us in our Mastering Your Small Business Finances Membership, where you can ask questions and get answers regarding your specific business. We dive deeper into the topics on this podcast and provide additional resources and accountability:

https://www.financialadventure.com/mysbf

Sign up for a virtual coffee chat to see if starting a Bookkeeping Business is right for you:

https://www.financialadventure.com/discovery

Join Our Facebook Community: https://www.facebook.com/groups/womenbusinessownersultimatediybookkeepingboutique

Are you a bookkeeper looking to start, grow or scale your bookkeeping business? Join our FREE bookkeeper community here:

https://www.financialadventure.com/bookkeepercommunity

QuickBooks Online - Save 30% Your First 6 Months:

https://www.financialadventure.com/quickbooks

Show Notes: https://www.financialadventure.com

This podcast is sponsored by Financial Adventure, LLC ~ visit https://www.financialadventure.com for additional information and free resources.

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