📚Bookkeeping is the process of keeping track of financial transactions in your business, including sales, expenses, inventory, and more.
🔗Connecting your business bank account to QuickBooks can streamline your bookkeeping process and ensure accurate recording of transactions.
🔍Properly classifying transactions into categories, such as revenue, expenses, assets, liabilities, and equity, is crucial for accurate financial statement presentation.
🔄Regularly reconciling your bank accounts in QuickBooks helps catch errors, ensures accuracy, and provides a clear picture of your business's financial health.
📊Running financial reports, such as balance sheets and income statements, helps you analyze your business's financial performance and make informed decisions.