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Three Tips for 2013 Bookkeeping

December 14, 2012
By BizFilings Business Owner’s Toolkit

Marketing plans and strategies, sales tactics, office policies—now is the time of year to revise nearly everything for the New Year. Except for bookkeeping, the oft-neglected business necessity that so many other functions ultimately depend upon.

The fact is relatively few small business owners have such sound bookkeeping systems that they shouldn’t revisit them. Improving bookkeeping methods is important not just for tax implications, but as a way to better record finances that, in turn, can be used for better reports.

Making your 2013 bookkeeping a planning priority won’t take too much time or effort. While these tips only scratch the surface—and assume, for the most part, that your bookkeeping is in relatively good order—they can help your business remain compliant and have more insight into your financial health. (more…)