Simmons Bookkeeping Solutions

Simmons Bookkeeping Solutions Helping business owners with financial clarity, more time freedom, and less stress at tax time!

Here are some simple ways to better protect your business:- Reconcile your bank and credit card accounts every month.- R...
08/27/2026

Here are some simple ways to better protect your business:

- Reconcile your bank and credit card accounts every month.
- Review your bank statements and financial reports for unfamiliar transactions or unusual changes.
- Never give one person complete control over your finances. Separate duties whenever possible.
- Review vendor and employee payment details before sending money.
- Watch for duplicate payments or duplicate invoices.
- Change your passwords regularly and enable two factor authentication on financial accounts.

Save this post for later and follow for more practical bookkeeping, business, and money tips.

08/27/2026

If you're a business owner, you've probably heard (or thought) things like:

🚫 “Talking about money feels uncomfortable.”

🚫 Learning money habits is too overwhelming, I’ll deal with it later.

🚫 “I’m just not good with numbers.”

Let’s flip the script:

✔ Money conversations are part of confident leadership.

✔ Small steps with money create big results over time.

✔ Understanding your numbers is learnable and powerful.

Your mindset around money will shape the way you lead, price, invest, and grow.

So if you’ve been carrying around limiting beliefs… it’s time to let them go.

Tag a business friend who needs to hear this too!

Happy International Dog Day!Today we're celebrating our loyal companions and best friends.Drop a photo of your dog or sh...
08/26/2026

Happy International Dog Day!

Today we're celebrating our loyal companions and best friends.

Drop a photo of your dog or share their name in the comments below!

A business loan is not income. It's a liability that you'll repay over time.Here's how to record it correctly:1. Create ...
08/25/2026

A business loan is not income. It's a liability that you'll repay over time.

Here's how to record it correctly:

1. Create a loan liability account.

Set up a Long Term Liability or Other Current Liability account (depending on the loan terms).

2. Record the loan deposit.

When the loan funds are deposited into your bank account, categorize the deposit to the loan liability account, not income.

3. Record your loan payments correctly.

Each payment includes:

- Principal, which reduces the loan balance
- Interest, which is recorded as an interest expense

4. Reconcile your loan account regularly.

Compare your QuickBooks loan balance to your lender's statements to ensure they match.

5. Keep all loan documents.
Save your loan agreement, payment schedule, and monthly statements for your records.

Recording business loans correctly helps keep your Balance Sheet accurate, your financial reports reliable, and your books tax ready.

Need help cleaning up your books or reviewing your QuickBooks?

Book a call using the link in our profile, or comment "books" below to learn more about our bookkeeping services.

https://consult.simmonsbookkeepingsolutions.com

08/25/2026

One thing I’ve learned from business and working with successful business owners is that success isn’t just about output or how much work you get done.

It’s about doing work that feels meaningful and aligned with what matters most to you.

How do you define and measure success?

There's nothing more rewarding than helping business owners feel confident in their finances.We're grateful for every cl...
08/25/2026

There's nothing more rewarding than helping business owners feel confident in their finances.

We're grateful for every client who trusts us with their bookkeeping and takes the time to share their experience.

If you're ready for accurate bookkeeping, organized financials, and year round support, we'd love to help.

Book a call using the link in our profile or comment "books" below to learn more about our bookkeeping services.

https://consult.simmonsbookkeepingsolutions.com

Beachside or Poolside?Drop your answer in the comments below!
08/22/2026

Beachside or Poolside?

Drop your answer in the comments below!

Which one gives you the most trouble?Share your answer in the comments!
08/21/2026

Which one gives you the most trouble?

Share your answer in the comments!

One of the most important decisions you'll make as a business owner is choosing the right business structure.Here's what...
08/20/2026

One of the most important decisions you'll make as a business owner is choosing the right business structure.

Here's what to consider:

- Understand the differences between a sole proprietorship, partnership, LLC, and corporation.

- The level of protection depends on how your business is structured and operated.

- Keep your personal and business finances separate.

- Open a dedicated business bank account.

- Maintain accurate bookkeeping and financial records.

- Speak with an attorney or tax professional before choosing or changing your business structure.

Generally, LLCs and corporations can help protect your personal assets from business debts and legal claims, while sole proprietorships and general partnerships typically do not provide this protection.

Have questions about business structures? Drop them in the comments below.

Save this post for later and follow for more practical tax, and business finance tips.

We love helping our clients stay organized, improve cash flow, understand their numbers, and feel confident making finan...
08/20/2026

We love helping our clients stay organized, improve cash flow, understand their numbers, and feel confident making financial decisions.

Ready to spend less time worrying about your books and more time growing your business?

Book a call using the link in our profile or comment "books" below to learn more about our services.

https://consult.simmonsbookkeepingsolutions.com

Address

Deer Park, WA
99006

Opening Hours

Monday 8am - 4:30pm
Tuesday 8am - 4:30pm
Wednesday 8am - 4:30pm
Thursday 8am - 4:30pm

Telephone

+15099364058

Website

Alerts

Be the first to know and let us send you an email when Simmons Bookkeeping Solutions posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Simmons Bookkeeping Solutions:

Shortcuts

Share

Category