Learn How To Tackle Your Bookkeeping In Under 30 Minutes [Grab My Year-End Tax Planning Guide for FREE] - Meredith Rines (2024)

Learn How To Tackle Your Bookkeeping In Under 30 Minutes [Grab My Year-End Tax Planning Guide for FREE]

Learn How To Tackle Your Bookkeeping In Under 30 Minutes [Grab My Year-End Tax Planning Guide for FREE] - Meredith Rines (1)

Being a business owner is probably one of the most rewarding jobs you can have, but it’s not always the easiest job in the world. We have dreams of working for ourselves and never having to answer to a mean boss again, but in reality it’s pretty challenging. Especially when we have to stretch ourselves thin when it comes to client projects, deadlines, creating content, sourcing out new clients, doing admin tasks and so much more. We start our business because we have an idea and we know our idea will transform the lives of others, but we don’t always realize the challenges that come along with owning a business.

We put ourselves out there, we open up shop and then we wait. Sometimes we have to wait a long time before we start getting momentum in our business. Sometimes we have to kiss a few frogs to discover our ideal client type. And sometimes we have to spend time on tasks that we aren’t crazy about because they have to get done.

That’s bookkeeping for a lot of business owners. They don’t really like it. They don’t really understand it. But they know it needs to get done. They know they have to have something to give their tax preparer each year, but they have no clue if their doing it right.

Sometimes, as a business owner you might even be spending HOURS inside your bookkeeping each month because you’ve been told numbers are difficult. You may be wasting time making it harder than what it should be. You aren’t sure what buttons to click inside QuickBooks, what reports to run, or even how to code some of your expenses.

You don’t even know what services are actually making you a PROFIT – not just bringing in money, but making you a profit at the end of the day.

And let’s not even get you started on tax time. You may even be missing out on some tax deductions because you aren’t including all of your expenses or are coding them wrong. Be honest, does the thought of taxes send your anxiety through the roof?

Well what if I told you there was a better way? One that only required 30 minutes a month and did not strike fear or overwhelm when you sit down to do it each month…

It’s not a dream. There is a bookkeeping method that you can use to spend LESS time inside your bookkeeping, which means you could have MORE time to spend on income-producing tasks each month.

You would know exactly what services were creating a profit and which ones were costing you month-after-month.

You would have a beautiful color-coded bookkeeping routine for each month that told you exactly what tasks to do and when to do them.

You would have the confidence to know how to do the right tasks inside your bookkeeping program so you know your numbers are accurate.

You would be able to sit down in November or December to create a year-end tax plan so there would be no surprises during tax time. You would be able to confidently reinvest YOUR money back into your business and not have to pay a huge tax bill.

If you’re interested in learning my 3-Part FrameworkTo Tackle Your Bookkeeping In Under 30 Minutes A Month then I would love to invite you to my FREE workshop. I’m going to dive into how I create a system to know what tasks to do, how to do them and then how to use that information to make better, more profitable business decisions to grow.

You can register for my free training HERE.

As a thank you for signing up for the workshop, I will send you my year-end tax planning guide for free. This guide will help walk you through all of the major areas inside your business that you should review before December 31. That way you can head into tax time with less stress and know exactly what your tax bill will look like, which is a pretty great feeling.

Learn How To Tackle Your Bookkeeping In Under 30 Minutes [Grab My Year-End Tax Planning Guide for FREE] - Meredith Rines (2)

Learn How To Tackle Your Bookkeeping In Under 30 Minutes [Grab My Year-End Tax Planning Guide for FREE] - Meredith Rines (3)

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Meredith Rines, MBA, CFP®

Meredith Rines, MBA, CFP®, a budget and financial strategist helping families pay off debt and live the life they've always wanted.

Learn How To Tackle Your Bookkeeping In Under 30 Minutes [Grab My Year-End Tax Planning Guide for FREE] - Meredith Rines (9)

Learn How To Tackle Your Bookkeeping In Under 30 Minutes [Grab My Year-End Tax Planning Guide for FREE] - Meredith Rines (10)Learn How To Tackle Your Bookkeeping In Under 30 Minutes [Grab My Year-End Tax Planning Guide for FREE] - Meredith Rines (11)Learn How To Tackle Your Bookkeeping In Under 30 Minutes [Grab My Year-End Tax Planning Guide for FREE] - Meredith Rines (12)Learn How To Tackle Your Bookkeeping In Under 30 Minutes [Grab My Year-End Tax Planning Guide for FREE] - Meredith Rines (13)

Latest posts by Meredith Rines, MBA, CFP® (see all)

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Learn How To Tackle Your Bookkeeping In Under 30 Minutes [Grab My Year-End Tax Planning Guide for FREE] - Meredith Rines (2024)

FAQs

How does bookkeeping work? ›

Bookkeeping is the process of tracking all of your company's financial transactions, usually by entering them into accounting software or a physical set of “books.” It lets you see exactly where your business is spending money, where your revenue is coming from, and which tax deductions you'll be able to claim.

Can I teach myself bookkeeping? ›

Self-taught bookkeepers use a variety of courses, seminars, books, and other online resources to learn about bookkeeping and accounting. You can also learn how to use accounting software, like QuickBooks, which can teach you about the basics of bookkeeping as well as the technology used by many businesses.

How do I start bookkeeping from scratch? ›

How to start a bookkeeping business in 8 steps
  1. Pick your market and niche. ...
  2. Write a business plan. ...
  3. Register your business and get insured. ...
  4. Choose your bookkeeping software. ...
  5. Set up your business infrastructure. ...
  6. Price your services. ...
  7. Find your customers. ...
  8. Understand your funding options.
Sep 11, 2020

What is the golden rule of bookkeeping? ›

The three golden rules of accounting are (1) debit all expenses and losses, credit all incomes and gains, (2) debit the receiver, credit the giver, and (3) debit what comes in, credit what goes out.

What are the 5 stages of bookkeeping? ›

Defining the accounting cycle with steps: (1) Financial transactions, (2) Journal entries, (3) Posting to the Ledger, (4) Trial Balance Period, and (5) Reporting Period with Financial Reporting and Auditing.

What are the three types of bookkeeping? ›

In this article, we will discuss the three primary bookkeeping methods: single- entry bookkeeping, double-entry bookkeeping, and computerized bookkeeping. SINGLE-ENTRY BOOKKEEPING: Single-entry bookkeeping is the simplest and most straightforward method of bookkeeping.

What are the four important activities in bookkeeping? ›

4 Key Elements of Great Bookkeeping
  • Select the proper accounting method. There are two different methods for recording transactions: cash-basis and accrual-basis. ...
  • Create an account structure that fits the company. ...
  • Enter accurate and timely transactions. ...
  • Establish financial statements for decision-making.

How do you know if you would be a good bookkeeper? ›

Modern bookkeepers should have excellent data entry and technology skills. Today, most businesses rely on cloud-based accounting software for their bookkeeping needs. Some of the most common solutions include QuickBooks and Xero, but bookkeepers should also know how to work with Excel, PowerPoint and Word.

What are the three basic bookkeeping practices principles? ›

The three basic accounting principles are the accrual principle, the consistency principle, and the matching principle. These principles serve as the foundation for recording and reporting financial transactions accurately.

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