
Have you been blowing off your small business bookkeeping? Check out this list of small business bookkeeping tasks and get your accounting organized.
- Daily Tasks.
- Check account balances.
- Clear receipts from wallet.
- File digital receipts.
- Open financial mail and take action.
- Enter time worked.
- Invoice clients.
- Log business mileage.
2. Weekly Tasks.
- Log and Categorize payments.
- Log and Categorize expenses.
- Deposit checks or cash.
- Update Invoice Tracking sheet.
- Update inventory.
- Send invoice reminders.
3. Monthly Tasks
- Reconcile all accounts.
- Run and review Profit and Loss statement.
- Compare Profit and Loss to Previous month.
- Run a year to date Profit and Loss report.
- Review business budget.
- Pay yourself.
- Calculate tax savings.
4. Quarterly Tasks
- Run review Profit and Loss report.
- Compare Profit and Loss to Previous Quarter.
- Make estimated tax payments.
- Check in on financial goals.
