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Your books will either be your best friend or your worst nightmare. Depending on much attention you give them, they’ll treat you accordingly. They’ll help you only as much as you allow. The information you feed them, and how often, makes all the difference. Some common bookkeeping questions being with, “how often should I…” Let’s ensure you and your books are on the same page.

How often should I be adding to my books?

Truthfully, you should be adding to your books every single time there is a cost or income. However, that’s just not always realistic. We recommend sitting down daily, bi-weekly, or weekly. If you sit down for a few minutes at the end of the day or week, to enter your debits and credits, this will ensure your books have the latest numbers and are as up-to-date as possible.

How often should I see my bookkeeper?

If you don’t do your own books, it is vital to communicate with your bookkeeper. Your bookkeeper can only do so much if you’re not consistent in communication, whether it’s phone or email. So long as you are sending your bookkeeper fresh information, keeping them in the loop, it is not necessary to meet with your bookkeeper very often. Reaching out on a regular basis (we’re talking weekly or bi-weekly) can do wonders for your books.

How often do I need to run reports?

We recommend running reports monthly, quarterly, semi-annually, and annually. Running reports, like profit and

Running a business is a challenge. Keeping up with your books is one moving part of running a business. This can either go incredibly smoothly or be a complete disaster. If you’d prefer the former, we strongly recommend you check out QuickBooks. Not only will QB make your bookkeeping easier, it’s also a great tool for helping you run your business. Here are several reasons why QB should be your bookkeeping software:  

Intuit has released information about the new features coming with QuickBooks 2018. The scheduled release date is September 26. Although we’re excited for all updates coming in the latest version, here are the top five we are most anxious for:

1. Multi-Monitor Capability

The 2018 version now offers support for up to three monitors. This will allow you to move a task/report/register from your one monitor to another monitor. For example, you can have two reports open at once - one on each monitor. Or you might have an invoice on one monitor while you have a bill open on another monitor. This will be a definite enhancement to your productivity.