✔ A clear, consistent way of categorizing every transaction
✔ Bank accounts reconciled every month, not once a year
✔ Records organized so they’re easy to hand to an accountant
Done right, you set it up once and it stays clean as the business grows. You never have to stop and...
Spreadsheet: flexible, but one wrong formula can quietly throw everything off.
Software (like QuickBooks): everything connects to the bank, but it only helps if someone keeps it accurate.
A shoebox: it works until tax time, and then it doesn’t.