The network for creativity
Join 1.25M professional creatives like you
Connect with clients, get discovered, and run your business 100% commission-free
Creatives on Contra have earned over $150M and we are just getting started
Back to feedPost
ā 2 Bookkeeping Errors That Silently Destroy Your Financial Records!
Most business owners don't even know these exist ā until it's too late. šØ
Error of Omission = A transaction that is completely MISSING from your books
Error of Principle = A transaction recorded in the WRONG type of account
Both are dangerous. Both are fixable. But only if you catch them in time! ā ļø
The scary part? These errors don't always show up in your Trial Balance ā meaning your books can LOOK correct but be completely wrong underneath. š
ā
Regular bank reconciliation catches omissions
ā
Proper chart of accounts prevents principle errors
ā
A skilled bookkeeper spots both before they become a problem
š¼ This is exactly why I review every transaction carefully in my bookkeeping projects.
š© Is your business free from these errors? DM me or find me on Freelancer.com ā let's make sure your books are clean & accurate!
#Bookkeeping #ErrorOfOmission #ErrorOfPrinciple #Accounting #BookkeepingTips #Finance #SmallBusiness #Freelancer #FinancialReporting #Reconciliation #AccountingErrors #BankReconciliation #BusinessFinance #Entrepreneur #AuditReady #BookkeepingExpert #FinanceTips #LinkedInFinance
The network for creativity
Join 1.25M professional creatives like you
Connect with clients, get discovered, and run your business 100% commission-free
Creatives on Contra have earned over $150M and we are just getting started
Related posts
Monthly accounting updates in QBO, with thorough analysis of expense natureāalmost like a detective.
It's a new quarter. Q1 is locked.Ā
The question isn't what you planned, it's what the numbers actually say.
Three questions every DTC founder needs to answer today:
ā Is your CVR higher than January?Ā
ā Is your AOV stable or eroding?Ā
ā Is the same friction still sitting in your checkout?
"I'll fix it next quarter" is the most expensive sentence in eCommerce.Ā
It sounds like a plan.Ā
It's actually a loss; compounding, quietly, every single day.
Q2 doesn't fix a Q1 leak. It just makes it harder to see.
If you're done accepting invisible revenue gaps and ready to know exactly where your store is bleeding, that's what a Revenue Leak Audit is built for.
Comment DONE if you're ready for optimal.
#FounderMindset #BusinessLogic #QuarterlyReview #ActionOverPerfection #EcommerceFounders
ā¢ 1d
š Shopify Product Page Conversion Audit
Getting traffic but not sales?
I help you find exactly why your product pages arenāt converting and how to fix them.
ā Conversion-focused audit (no SEO, no A/B testing)
ā Competitor comparison (Amazon + reference sites)
ā Clear, actionable improvements
ā Identify missing or inconsistent product info
š¦ What you get (per product):
Why itās underperforming
Top 3 fixes to improve conversions
Quick, practical recommendations
ā” Fast turnaround (15ā20 min per product)
š¼ 12+ years experience
š¢ Available to start immediately
š© Contact: sanchitsmm@gmail.com
Trending
Runway
AI video generation is exploding. What are you dreaming up in Runway?
Contra University
Learn from expert creatives how to earn more using next-gen AI tools.
creativeaiflow
Creative AI workflows are evolving. What tools do you use, and what are their strengths and weaknesses?
portfolioreview
The best portfolios tell a story, not just show a grid.Ā Share yours for feedback.
freelancerlife
Freelancer life is wins, pivots, and everything in between. Whatās yours right now?