Today’s guest is well-known for her advocacy of clean bookkeeping practices. In fact, while preparing for the interview today, we learned that she may or may not have spent hours meditating on the ways business owners might achieve bookkeeping bliss and the many benefits such a state of zen can achieve.
Amy Smith has developed a solid reputation for her bookkeeping expertise – particularly with regard to QuickBooks. In this episode of unsuitable, she will share with us the benefits of consistent and correct bookkeeping, while offering up some tips to help us achieve our own state of bookkeeping bliss.
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Bookkeeping Bliss: More than just good bookkeeping
The secret benefit of having great bookkeeping practices, Amy tells us, isn’t just having balanced books and a lower risk of audit. Really, it helps you, your business, and everyone who works in it run more effectively. Because if your numbers aren’t in order, if your inventory is a mess, if you don’t know how much money you have coming in and people don’t know if they will even be paid, people feel anxious and chaotic – and as a result, they can’t work as effectively. And avoiding all of that is as simple as creating a process.
If you are a business owner or in charge of the books for a business, you will be interested in these other topics discussed in this episode:
- Bookkeeping is all about creating a process to track the details
- You don’t have to know it all … but you do have to know a little.
- With good books comes accurate reporting – and accurate reporting gives you leverage and options
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official transcript
Click here to read the official transcript for episode 188, “Zen and the Art of Bookkeeping”