117: QuickBooks And Year End Tax Strategies Whether You Are Starting A Business Or Side Hustle, A Solopreneur, Entrepreneur, Mompreneur, Freelancer, Bookkeeper, Virtual Assistant, Owner Or Self-Empl

If you have a business or 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, an entrepreneur, a 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.  These tips are essential whether you are using a computerized software system like QuickBooks, Xero, Wave, or FreshBooks for your business finances; or doing your bookkeeping manually with an Excel spreadsheet or even a Google Document. 

Schedule a free consultation, and we’ll work together to dive into where you’d like to see yourself and your business in the future.  We’ll create a laser-focused plan, including which action steps you need to take to get started on the path to success:

https://www.financialadventure.com/work-with-me

Join us in the Mastering Your Small Business Finances PROFIT LAB if you are ready to take control of your business finances and create the profitable business you are striving for.  Are you ready to generate revenues and increase the profit in your business:

https://www.financialadventure.com/profit

The Strategic Bookkeeping Academy, including Bookkeeping Basics, is open for registration!  You can learn more and sign up here:

https://www.financialadventure.com/sba

Grab Your FREE guide:  5 Essential Strategies For Stress-Free Bookkeeping:

https://www.financialadventure.com/5essentials

Your FREE Online Virtual Bookkeeping Business Starter Guide & Success Path is waiting for you:

https://www.financialadventure.com/starterguide

Apply to join the Mastering Your Small Business Finances CEO Mastermind or the Elevate Your Bookkeeping Business GROW Mastermind group:

https://www.financialadventure.com/mastermind

Looking for a payroll solution for your business?  You can get an exclusive 15% discount on your payroll services when you sign up here:

https://www.financialadventure.com/adp

Sign up for a virtual coffee chat to see if starting a Bookkeeping Business is right for you:

https://www.financialadventure.com/discovery

Join Our Facebook Community:  https://www.facebook.com/groups/womenbusinessownersultimatediybookkeepingboutique

Are you a bookkeeper looking to start, grow or scale your bookkeeping business?  Join our FREE bookkeeper community here:

https://www.financialadventure.com/bookkeepercommunity

QuickBooks Online - Save 30% Your First 6 Months:

https://www.financialadventure.com/quickbooks

Show Notes:  https://www.financialadventure.com

This podcast is sponsored by Financial Adventure, LLC ~ visit https://www.financialadventure.com for additional information and free resources.