Get Comfy with Numbers | Making Bookkeeping & QuickBooks Easy for Female Entrepreneurs, Bookkeeping for Small Business

Let's talk super quickly about how to categorize these Instagram payments!

I'm going to walk you through the principal beyind categorizing in the first place and then I'm going to help you know how to categorize your income from Instagram payments. For a lot of us we can categorize them as miscellaneous, and I'll explain why in the episode!

Get Comfy with QuickBooks

https://erikamillard.com/get-comfy-with-quickbooks

Learn more about bookkeeping help from Erika here:

https://erikamillard.com/

Learn more about the mini course Erika mentions here:

https://erikamillard.com/budget

Don't forget to download the free Monthly Bookkeeping Checklist:

https://erikamillard.com/bookkeeping-checklist

Happy Bookkeeping!

Speaking as someone who cleans up QuickBooks messes I'll be the first to sympathize with you!

It can be overwhelming to have to comb through hundreds of entries and straigthen out your finances after the fact so I want to give you a heads up about the kinds of things to avoid if you want to skip the mess this quarter.

Watch out for:

PayPal duplicates

Expense/income category mistakes

Getting personal tangled up with business transactions

Letting too much time go by before you update your books

The proper way to reconcile your books

Get Comfy with QuickBooks

https://erikamillard.com/get-comfy-with-quickbooks

Learn more about bookkeeping help from Erika here:

https://erikamillard.com/

Learn more about the mini course Erika mentions here:

https://erikamillard.com/budget

Don't forget to download the free Monthly Bookkeeping Checklist:

https://erikamillard.com/bookkeeping-checklist

Happy Bookkeeping!

Do you love sales calls? I bet your customers can tell if you do! Camie Wilke loves sales calls. She loves that they make us grow as communicators and leaders. I've brought Camie onto the show today to talk to us about the number one thing we can do to improve our sales calls, the importance of tone, what kinds of guarantees we can include in our offers and how to incorporate visuals into our sales calls.

Main take-aways:

• We're really able to demonstrate to our customers how much we believe in our offer. They can sense our confidence in the tone of our voice. Camie recommends practicing keeping our tone nice and low to express authority and ease. Even if you're asking a question, trail down with your tone. Try it!
• Do you believe in your offer? Only sell offers that you 100% believe in. You've got to be sure that your offer would be a financial blessing to your clients.
• One big mistake Camie's seeing right now is that people are pitching their offers verbally only. Professional visual components to your sales calls really put your customers at ease.
• What kind of guarantee could you include with your offer? What kinds of guarantees should accompany a high-ticket offer?
• How can you slow down your pitch, your sales calls and your sales process?

Connect with Camie Wilke:

[email protected]

Bibles, Babies and Business Podcast

Get Comfy with QuickBooks

https://erikamillard.com/get-comfy-with-quickbooks

Learn more about bookkeeping help from Erika here:

https://erikamillard.com/

Learn more about the mini course Erika mentions here:

https://erikamillard.com/budget

Don't forget to download the free Monthly Bookkeeping Checklist:

https://erikamillard.com/bookkeeping-checklist

Happy Bookkeeping!

YES

This is a common misconception so don't feed bad if you haven't saved every receipt up to this point. Better late than never! Let me explain why you're going to want to start saving those receipts from now on.

Now, we all hope we're never officially audited by the IRS, but I'm going to walk you through what an IRS auditor would look for.

If you need a better way to keep up with receipts check out episode 17:

https://podcasts.apple.com/us/podcast/017-still-stuffing-receipts-in-an-envelope-3-ways-to/id1707561040?i=1000642610643

Get Comfy with QuickBooks

https://erikamillard.com/get-comfy-with-quickbooks

Learn more about bookkeeping help from Erika here:

https://erikamillard.com/

Learn more about the mini course Erika mentions here:

https://erikamillard.com/budget

Don't forget to download the free Monthly Bookkeeping Checklist:

https://erikamillard.com/bookkeeping-checklist

Happy Bookkeeping!

Let's get right into it. What payment processor should you use?

You have plenty to choose from: Stripe, PayPal, QuickBooks, Square, etc.

So, which is best? I'll spell it all out for you so you can weigh all the factors that matter most to you like easy of use, integration, whether it's in-person or virtual, and of course, fees.

Resources mentioned in the episode:

Get my Fee Comparison Freebie: https://erikamillard.com/feecomparison

Get Comfy with QuickBooks: https://erikamillard.com/get-comfy-with-quickbooks

Learn more about bookkeeping help from Erika here: https://erikamillard.com/

Learn more about the mini course Erika mentions here: https://erikamillard.com/budget

Don't forget to download the free Monthly Bookkeeping Checklist: https://erikamillard.com/bookkeeping-checklist

Happy Bookkeeping!

Hey friend!

Here are the main things that you'll want to consider if you're choosing between Wave and QuickBooks:

Who's been around longer? Wave has been open to the public since 2010, but QuickBooks has been around since 1992.

Wave is now going to be charging for several of their basic offerings like syncing with your bank.

Wave might feel simpler if you've never used a software before and might be a good fit if your business is very small and new.

What kind of robust reports could help you in your business?

How many finance and and expense categories do you need in your business?

How important are app integrations for you?

Finding a bookkeeper who can use QuickBooks will be easier than finding a bookkeeper who can use Wave.

Resources mentioned in the episode:

Episode 11 - Streamlining Your Business: Utilizing Dubsado & QuickBooks for Business Success with Ashleigh Foy

https://podcasts.apple.com/us/podcast/011-streamlining-your-business-utilizing-dubsado-quickbooks/id1707561040?i=1000636758280

Get Comfy with QuickBooks

https://erikamillard.com/get-comfy-with-quickbooks

Learn more about bookkeeping help from Erika here:

https://erikamillard.com/

Learn more about the mini course Erika mentions here:

https://erikamillard.com/budget

Don't forget to download the free Monthly Bookkeeping Checklist:

https://erikamillard.com/bookkeeping-checklist

Happy Bookkeeping!

Hey friend!

Enough with the back and forth! Are you ready to finally decide between a DIY and a done-for-You Website?

I'm so glad you tuned in today to hear my conversation with Kate Hejde of DearKateBrandStrategy.com because she has so many insights to help business owners plan their websites.

So with the question of "Which type of website is right for you?" It comes down to time vs. money.

With DIY you're saving money, but spending your time.

And, with done-for-you, you spend money and still have to spend time figuring out your messaging and hiring some or all of the following: copywriter, branding designer, web designer, etc.

Either way, you still want to understand the back end of your website. Especially at the beginning in your business, you're still figuring out what your core offers are going to be, so you want to be able to make updates yourself on your website as you make tweaks.

Kate's tips for your website messaging:

Be clear about who you serve, how you serve them and why you're the right choice.

Put your Location on every page even if you're not a local business

Can you see yourself and your business from the outside looking in so you can communicate what you do so that others actually click to purchase is different than the way you might simply describe what you do and how you feel about it?

With pricing, are you actually explaining the benefits of what you offer and not just what you offer?

Use the free version of HotJar so you can actually see how people interact with your website.

How do you see websites increasing sales? A website, if done well, is your little silent salesperson out in the world, whereas, social media posts are fleeting.

Learn more about Kate:

DearKateBrandStrategy.com

IG @dearkatebrandstrategy

Freebie: The Website Report Card

Podcast: How You Pictured it with Kate Hejde

Learn more about bookkeeping help from Erika here:

https://erikamillard.com/

Learn more about the mini course Erika mentions here:

https://erikamillard.com/budget

Don't forget to download the free Monthly Bookkeeping Checklist:

https://erikamillard.com/bookkeeping-checklist

Happy Bookkeeping!

I have a quick, bite-sized episode today where I'm giving a concise answer to a specific question about finances in your business.

Q: Do we pay ourselves back for any personal money we invest in our business?

Great question because lots of clients I work with do this, whether intentionally or not

If you use personal funds to pay for things in your business, especially when first starting out, that is technically an investment into the business because you are supporting it.

So the answer is: It depends.

You can leave it as an investment. That's totally fine & sometimes necessary to fund the start-up costs of business

You can also pay yourself back. You would just transfer funds from the business account to your personal account.

It's almost like you personally loaned the business money & now the business is paying the loan back.

If you want to learn how to categorize those investments & how to create the categories if they aren't already set up in QuickBooks, join GCWQ (Get Comfy with QuickBooks) anytime!

I hope you liked this super-focused pod today. Until next time!

Learn more about bookkeeping help from Erika here:

https://erikamillard.com/

Learn more about the mini course Erika mentions here:

https://erikamillard.com/budget

Don't forget to download the free Monthly Bookkeeping Checklist:

https://erikamillard.com/bookkeeping-checklist

Happy Bookkeeping!

Hey friend!

This may seem unexpected but today we are talking about why sometimes entrepreneurs should DIY their bookkeeping. Listen in to find out if any of these 6 reasons match your situation.

Reasons to DIY Your Bookkeeping:

1. So you understand the process, how it works and how long it takes

2. So you learn how to make smart decisions with money

3. So you take ownership of the finances of your business

4. So you don't outsource to the wrong person

5. So you can save money

6. So you can ease your inner control-freak

There you have it! I hope you enjoyed this quick episode all about how to know whether you should do your bookkeeping yourself or delegate it to someone else.

Learn more about bookkeeping help from Erika here:

https://erikamillard.com/

Learn more about the mini course Erika mentions here:

https://erikamillard.com/budget

Don't forget to download the free Monthly Bookkeeping Checklist:

https://erikamillard.com/bookkeeping-checklist

Happy Bookkeeping!

Hey friend!

Well today on the show I announced that I'm going to be taking a short break to be on maternity leave. Thank you for your amazing support up until now!

I talked through my top 5 most popular episodes to date, so make sure to check these out if you haven't already!

1. Top Downloaded Episode

https://podcasts.apple.com/us/podcast/003-top-ways-to-save-money-in-your-business-right-now/id1707561040?i=1000630284442

2. Learn More About Me & Hear My Business Story

https://podcasts.apple.com/us/podcast/001-empowering-female-business-owners-pivoting-from/id1707561040?i=1000630284443

3. Who should you hire to help with your business finances?

https://podcasts.apple.com/us/podcast/008-who-should-you-hire-to-help-with-your-business-finances/id1707561040?i=1000633976385

4. Budgeting for Business:

https://podcasts.apple.com/us/podcast/009-confused-by-how-to-budget-for-business-try-this/id1707561040?i=1000634748410

5. Reasons to Use QuickBooks:

https://podcasts.apple.com/us/podcast/015-3-reasons-to-start-using-quickbooks-this-year/id1707561040?i=1000641011532

Also check out:

Learn more about bookkeeping help from Erika here:

https://erikamillard.com/

Learn more about the mini course Erika mentions here:

https://erikamillard.com/budget

Don't forget to download the free Monthly Bookkeeping Checklist:

https://erikamillard.com/bookkeeping-checklist

Happy Bookkeeping!