Andi Smile

Small Business Bookkeeping Tasks

Business

• Daily Tasks

• Check account balances

• Clear receipts from wallet

• File digital receipts

• Open financial mail & take action

• Enter time worked

• Invoice clients

• Log business mileage

• Weekly Tasks

• Log & categorize payments

• Log & categorize expenses

• Deposit checks or cash

• Update invoice tracking sheet

• Update inventory

• Send invoice reminders

• Monthly Tasks

• Reconcile all accounts

• Run & review profit & LOSS report

• Compare Profit & Loss to

• Previous month

• Run a Year to Date profit & LOSS report

• Review business budget

• Pay yourself

• Calculate tax sayings

• Transfer tax savings

• Check for business expenses in personal accounts

• Update home Office expenses

• Update auto expenses

• Quarterly Tasks

• Run & review profit & Loss

• Compare profit & Loss to previous quarter

• Make estimated tax payment

• Review 1099 tracking sheet

• Check in on financial goals