How to Keep Your Bookkeeping Costs Down

How can you keep your costs down when working with a bookkeeper? The best way is to have your documents organized and available.  Don’t bring your papers and receipts to your bookkeeper in a jumbled mess (remember crumbled receipts/invoices take time to sort).  Get yourself an accordion folder and label each section as follows:

 

  • Bank Statements

  • Credit Card Statements

  • Invoices to clients (include in here your deposit slips acknowledging the payment of invoices)

  • Invoices from vendors/suppliers (make sure you write on your invoices how they were paid – cheque, cash, credit card)

  • Home office expenses (utilities bills)

  • Supplies

  • Auto expenses

  • Receipts paid by cash from your personal pocket for business

  • Receipts paid by credit card

If you do some of the organizing, your bookkeeper will be able to soar through your accounts, and your bookkeeping costs will reflect it.

Testimonials

 

"Tura is extremely knowledgable and helpful.  She offers solutions and helps me stay organized.  I have saved so much money since I started with her and found the details where my business was loosing money.  I'm very satisfied with the service she has provided over the past few years."

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