Handling the bookkeeping for many small to medium sized businesses is something that T. L. Wall Accounting does, and we believe we do it well. Bookkeeping really isn’t difficult if you have the time to keep up with it, and yet we find that there’s also an elegant art in doing it that can help our customers. If you’re predisposed to do your own bookkeeping, here are a few ideas that might help things go smoothly.
1. Categories. There are two things we find that people do which can throw them off immeasurably. The first is not having any breakdowns in their income and expenses so they know more about their money. The second is having so many categories that it feels like a miasma when trying to figure out where something should go, which often means another category ends up being created because it seems like the easiest way to go.
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