66: Bookkeeping And Tax Strategies For Wrapping Up Year End Whether You Are Starting A Business, You Are Self-Employed, A Solopreneur, Entrepreneur, Business Owner, Bookkeeper Or Virtual Assistant

If you have a business or you do bookkeeping for business owners, you know now is the time you need to wrap up your year-end financial statements.  If you’ve heard the phrase closing the books, this is exactly what it means.  You simply make sure you have all your money coming in and money going out of your business recorded and reconciled so that your financial statements reflect accurate data.  You will use this data to prepare your tax return, so it is extremely important that you do this correctly.  In today’s podcast episode, you’ll learn the top tasks you need to do to close out your books whether you are using a computerized software system like QuickBooks, Xero, Wave or FreshBooks for your business finances, or if you are doing your bookkeeping manually with an Excel spreadsheet or even a Google Document.  Many of the processes are the same regardless of which system you use to do your bookkeeping.  Having your financial statements and your bookkeeping ready so that you can have your tax return prepared on time with little to no stress is the ultimate goal here.  Whether you are just getting started with your business, you are a self-employed individual, a solopreneur, entrepreneur, small business owner, a remote, virtual, online or in-house bookkeeper, or a virtual assistant or VA, I want you to make sure you are prepared to file your taxes on time feeling confident that you have accurate data.  If you’ve ever wondered what you need to do to finalize your end of the year bookkeeping and financial statements, listen in as I walk you through the steps you need to take today... Apply to join the Mastering Your Small Business Finances CEO Mastermind or the Elevate Your Bookkeeping Business GROW Mastermind group: www.FinancialAdventure.com/Mastermind Grab Your FREE guide:  5 Essential Strategies For Stress-Free Bookkeeping: www.FinancialAdventure.com/5Essentials Looking for a payroll solution for your business?  You can get an exclusive 15% discount on your payroll services when you sign up here: www.FinancialAdventure.com/ADP Looking for an extremely beneficial online bookkeeping resource?  Join us in our Mastering Your Small Business Finances Membership where you can ask questions and get answers regarding your specific business.  We dive deeper into the topics on this podcast, provide additional resources and accountability: www.FinancialAdventure.com/MYSBF Fill out the Contact Us form if you have a question or need help with your bookkeeping or payroll: www.FinancialAdventure.com/Contact-Us Your FREE Online Virtual Bookkeeping Business Starter Guide & Success Path is waiting for you: www.FinancialAdventure.com/StarterGuide Sign up for a virtual coffee chat to see if starting a Bookkeeping Business is right for you: www.FinancialAdventure.com/Discovery Join Our Facebook Community:  www.Facebook.com/Groups/WomenBusinessOwnersUltimateDIYBookkeepingBoutique Are you a bookkeeper looking to start, grow or scale your bookkeeping business?  Join our FREE bookkeeper community here: www.FinancialAdventure.com/BookkeeperCommunity QuickBooks Online - Save 50% Your First 3 Months: www.FinancialAdventure.com/QuickBooks Show Notes:  www.FinancialAdventure.com This podcast is sponsored by Financial Adventure, LLC ~ visit www.FinancialAdventure.com for additional information and free resources.