Frankly Bookkeeping

Are you making decisions about expenses or your business? Whether you need to invest in new equipment or are considering taking on a lease, your books can be your most valuable source of information! Keeping your books up-to-date will give you historical data and the ability to forecast what is coming so you can better predict the impact of new expenses. https://lnkd.in/g_BMwbms

Regularly reviewing your financial reports, such as profit and loss statements and balance sheets, helps you stay informed about your business's financial performance. Monthly reviews allow you to spot trends, address issues early, and plan for growth.

Streamline Your Finanaces Overwhelmed by bookkeeping? Let Frankly Bookkeeping handle the numbers so you can focus on growing your business! 📈

Attention! If you've been using QuickBooks Desktop, it is now REQUIRED that you upgrade to a subscription-based model or face potential disruptions in financial operations. See the recent announcement below from QuickBooks. We also think this is a great time to switch to QuickBooks Online. The cloud-based system is easy to navigate, always up-to-date, is secure, and allows for easier collaboration with your accounting teams and professionals. Want to learn more? We're QuickBooks Pro Advisors, and we're here to help! ****Deadline Expired: All QuickBooks Desktop Required to Upgrade to Subscription Model. What you need to know: Intuit already announced a stop sell of some Desktop products to new customers. Therefore, those currently using QuickBooks Desktop Pro or Premier 2021 must know that after July 31, 2024, customers without an active QuickBooks subscription will no longer be able to purchase QuickBooks Desktop Pro or Premier, QuickBooks Desktop Mac, and QuickBooks Desktop Enhanced Payroll. What does this mean? Service Discontinuation: Failure to upgrade by 9/30/2024 will result in the discontinuation of services such as QuickBooks Desktop Payroll, Payments, Online Backup, online banking, system updates, security patches, and live support. This could potentially disrupt your business operations. Immediate Action Needed: To ensure uninterrupted business operations, we strongly recommend planning your upgrade without delay. Advantages of Upgrading: Intuit encourages existing Desktop subscribers to upgrade to the current version (Desktop 2024) to benefit from the latest features, improvements, security updates, and bug fixes.****

Streamline your billing process by using accounting software to automate invoicing and payment reminders. This reduces the risk of late payments and ensures consistent cash flow, saving you time and improving your business's financial health.

Have bookkeeping questions? Drop them below and we'll answer them in an upcoming post!

If you're wondering what bookkeeping tasks you should be doing, we've put together a checklist of daily, weekly, and monthly activities to help keep you on track!

Solopreneurs, keeping your books in order doesn't have to be a headache! Here are some essential tips to stay on top of your finances: 1. Separate your personal and business finances. 2. Keep track of all receipts and invoices. 3. Use accounting software to simplify the process. 4. Set aside time each week for bookkeeping. These tips can save you time and stress, allowing you to focus on growing your business.

Bookkeeping isn't glamorous, but it is necessary! We've put together our top 10 bookkeeping tips for solopreneurs and start-ups... you can find it on our blog!

Starting a new business? 📈 Bookkeeping might not be the most glamorous part, but it's absolutely essential! Here’s why: Bookkeeping keeps your finances organized, helps you track expenses and income, and ensures you’re ready for tax season. Plus, it gives you a clear picture of your financial health, so you can make informed decisions and grow your business. Don’t underestimate the power of good bookkeeping!