Bookkeeping for a Freelancer in Creative Services

Deliverables:

Income tracking for all freelance projects and contracts.

Monthly expense reports, categorizing business-related purchases.

Quarterly tax estimates to ensure the freelancer stayed on track with taxes.

Provided a custom invoicing system to streamline client payments.

Tools Used:

Wave Accounting for simple invoicing and expense tracking.

Google Sheets for real-time financial reporting and tax estimate calculations.

Outcome:

The freelancer had a clear financial picture, ensuring that they always had the funds available for tax payments.

The invoicing system helped them receive payments more efficiently, improving cash flow.