Small Business Success — an Easy Way to Organize Your Paperwork
Do you dread doing the end-of-year bookkeeping for your small business?
Do you put off the task because you have a disorganized heap of crumpled paper that you know will take a long time to sort out?
It doesn’t have to be like this.
If you take a little time at the beginning of the year to set up your filing system, then spend a few minutes each week organizing your paperwork, the task of completing your end-of-year bookkeeping will be much more manageable.
Set Up a Filing System
To set up your filing system, you will need:
- a concertina file with twelve pockets, labeled with the months of the year
- 36 plastic wallet files
- 36 self-adhesive labels.
For each month, write the following headings on self-adhesive labels:
- Sales
- Bank Statements
- Expenses.
So, for January, you would have three labels:
- January — Sales
- January — Bank Statements
- January — Expenses.