Health & Fitness
Find hidden profits by staying current with your finances
Do you know that a staggering 85% do not reconcile their accounts on a regularly basis? By checking up on your income and outgo, you will ensure you have control of the money in your wallet.
Having re-constructed several years of QuickBooks files, I have solved many a mystery of where did my money go? How can I be overdrawn? Here are suggestions for being in control of your hard earned dollars, and avoid costly bank fees.
- Review Balance Sheet and Income Statements (P & L) at least quarterly if not more.
- Reconcile Bank accounts monthly.
- Bank at more than one financial institution to develop a relationship that may help you when you need a loan. For example, have your Business Account at one bank, and your Personal Account at another.
- Hire a Bookkeeper to help you part time so you can focus on growing your business, or help with the Family Budget.
MJB’s Bookkeeping Solutions assists businesses and individuals with their bookkeeping and budgeting needs. Services include but are not limited to installation, setting up chart of accounts, training, and troubleshooting problems. We understand the challenges of owning a business, and are ready to connect you to the answer for all your business questions.
Call us at (805) 433-3577, follow us on Twitter @MJBSolutions and Like Us on Facebook ! www.mjbsbookkeepingsolutions.com
