I'm happy to be back again with another Finergy Five post! Bookkeeping can be overwhelming. It is a lot to manage and having a good process in place is crucial to making your life easier. Today I’m going to talk about a few tools that can help make the day to day maintenance a little easier. Here are Five Tools I use on a regular basis when doing the books:
Quickbooks or other accounting software – There are a lot of great tools out there that will help you maintain your books. I use Quickbooks Online and really like it. I am able to track my billables, receivable, and payable all in one spot. I can even get a quick view of how my is doing.
Excel -I love to use Excel for research, tracking, analysis and planning.Excel has a ton of function you can use to keep your business on track. In a couple of I’ll share with you some of my favorite Excel formulas. Even with a very basic understanding of it can still be useful.
Different Color Pens -going old school this one. As much as we try to go paperless in this world, there are always times where you need to write something down. I always like to have a bIack, red and green pen handy. I use the black for everyday writing. The red and green I use to jot down notes, comments or to mark something received. I like to use the additional so that those additional out at me.
Folders – Whether you store your backup on your computer or you keep paper copies having an organized filing system is key. Create a system and then stick with it. As you go, you may find ways to improve your system, make those updates as needed. If you change something , you may want to ensure you move all related files to the new way. You will thank yourself down the road for implementing a filing when you can easily find some paperwork you need.
Calculator – I know, I know, what you are thinking, Jessica, why do I need a calculator I have Quickbooks and Excel? Well, here is my answer. Sometimes you just want to do your calculations on a calculator. Call it the nerd in me or maybe I have been in finance too long., but there are times I just want to use a calculator, and so I always have one near by . A real calculator, not the one in my cellphone.
And there you have it Five Tools that can help you with your bookkeeping. I hope you find this helpful. What tools do you use to help you complete your bookkeeping? Let us know!
See you Next Week!
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