Monthly Bookkeeping
Herschelle Manalo
Monthly Bookkeeping Made Simple
What is Monthly Bookkeeping?
Monthly bookkeeping is the process of keeping track of all your financial transactions each month. This includes recording income, expenses, and bank transactions to ensure your books are always up-to-date.
Why is Monthly Bookkeeping Important?
Keeping up with your bookkeeping every month helps you:
See how much money you make and spend.
Avoid mistakes in your financial records.
Make better decisions for your business.
How Does It Work?
Record Transactions: Every month, all your business income and expenses are entered into your books.
Reconcile Accounts: Your bank and credit card accounts are checked to make sure everything matches.
Generate Reports: Simple reports like Profit & Loss or Balance Sheet are created so you can see how your business is doing.
The Benefits of Staying Consistent
With monthly bookkeeping, you always have a clear view of your finances. You can avoid surprises and make smart choices to help your business grow.
“Good bookkeeping today means peace of mind tomorrow.”
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Posted Sep 18, 2024
Each month, I record all your financial transactions in the accounting system, making sure everything is entered correctly. I then compare your bank statements
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