Don't Wait Until January! Get Your Books Ready for Tax Season Now
November is the Perfect Time to Get Your Business Finances in Order!
The holidays are approaching, the year is coming to an end, and tax season will be here before you know it!
For many business owners, bookkeeping gets pushed to the bottom of the to-do list. Between managing customers, employees, daily operations, and preparing for the holidays, keeping financial records organized can become overwhelming.
But waiting until tax time to organize an entire year of transactions can lead to unnecessary stress, missed information, and costly mistakes.
At NOLA Bookkeeping LLC, we encourage business owners to take advantage of November to get their books cleaned up, reconciled, and ready for year-end.
5 Things Every Business Owner Should Do Before Year-End
1. Catch Up on Your Bookkeeping
Are you months behind on entering transactions? Now is the time to get everything recorded and organized. Catch-up bookkeeping helps bring your financial records current before tax preparation begins.
2. Reconcile Your Bank and Credit Card Accounts
Make sure your QuickBooks balances match your bank and credit card statements. Reconciling accounts helps identify missing transactions, duplicate entries, and discrepancies.
3. Review Your Business Expenses
Take a closer look at your expenses. Make sure transactions are categorized correctly and business expenses are recorded in the appropriate accounts. Organized records can help your tax professional identify potentially deductible expenses.
4. Review Your Profit & Loss Statement
Do you know how much money your business actually made this year?
Your Profit & Loss report helps you understand your income, expenses, and profitability. It can also help you identify areas where you may be spending too much money.
5. Prepare for Tax Season Early
Don't wait until your accountant asks for your financial records. Having organized bookkeeping, reconciled accounts, and accurate financial reports makes the tax preparation process much smoother.
Specialized Bookkeeping for Your Industry
At NOLA Bookkeeping LLC, we understand that every business has different bookkeeping needs.
We work with:
Realtors: Track commissions, marketing expenses, Realtor.com, Zillow, and other business expenses.
HVAC Companies: Organize equipment purchases, materials, service calls, subcontractors, and job expenses.
Boat Dealerships & Marine Retail: Track boat sales, inventory, customer deposits, parts, and cost of goods sold.
Restaurants: Monitor daily sales, food costs, inventory, payroll, tips, and operating expenses.
Contractors: Track materials, subcontractors, customer payments, and job profitability.
Real Estate Investors: Track rental income and expenses by property.
Behind on Your QuickBooks?
Don't worry! You are not alone.
Whether your books are a few months behind or you need an entire year cleaned up, NOLA Bookkeeping LLC can help organize your financial records and get your QuickBooks Online account back on track.
We offer:
Monthly Bookkeeping
QuickBooks Online Setup & Cleanup
Catch-Up Bookkeeping
Bank and Credit Card Reconciliation
Accounts Receivable & Payable Management
Profit & Loss and Balance Sheet Reporting
Start the New Year with Organized Books!
Imagine starting January knowing your books are organized, your accounts are reconciled, and your financial reports are ready for your tax professional.
That's one less thing to worry about!
With over 30 years of bookkeeping experience, NOLA Bookkeeping LLC and Certified QuickBooks Online ProAdvisor Sidonia (Sissy) Dufrene can help take the bookkeeping burden off your shoulders.
Don't wait until tax season. Let's get your books in order now!
Contact NOLA Bookkeeping LLC Today
Monthly Bookkeeping Services Starting at $250.
Sidonia (Sissy) Dufrene
NOLA Bookkeeping LLC
Phone: 504-457-8222
Email: sissy@nolabookkeepingllc.com
Website: www.nolabookkeepingllc.com
Serving New Orleans, Metairie, Marrero, Gretna, Harvey, and businesses nationwide.
Let us handle the numbers while you focus on growing your business!
