Sunday, January 25, 2009

Make quick work of your accounting

Accounting...bill paying....record keeping. If someone asked you right now to show them your record keeping and bill paying routine, how would you feel? Embarrassed about how sloppy it is or comfortable because it's all under control?

For anyone who would be embarrassed I say, get over it and get with it! A long time ago, when my husband and I first started our business, I had to go from using a simple personal checkbook to learning to use the type of accounting system that would satisfy our CPA. The good news is that with QuickBooks Pro 2009 the double entry system that accountants require is achieved simply by entering your bills and payments data. Once we sold our business and retired I began using the personal accounting program, Quicken Deluxe 2009. Again, it's just a matter of entering your data as you spend money or pay bills.

What does this have to do with those trying to earn honest income online with internet marketing, affiliate marketing or building a website? It is very possible that once you begin to have success with your business, you will have income streams from a variety of sources. If you start off organized then your time can be spent on building your business, not trying to make heads or tails out of a messy accounting system.

Set yourself up to be a success, from the start.

No comments: