McConnon Bookkeeping, LLC

McConnon Bookkeeping, LLC Executive virtual support for busy pros—admin, email, calendar, bookkeeping, and social media manmt.

01/01/2024

Happy New Year! 🎉 May the upcoming year be filled with success, prosperity, and exciting opportunities.

Here's to new beginnings and continued growth! Wishing everyone a fantastic year ahead!
Discovery Call link
https://tinyurl.com/5n6dkej3






12/31/2023

When you reach the end of an accounting period, you need to "close the books."

At a minimum, you will close your books annually because you have to file a tax return every year, and you should prepare annual financial statements as well.

Here's a simplified guide for small business owners:

1. Review all your transactions. Ensure all entries are accurate and categorized correctly.

2. Reconcile all your accounts. Match bank statements with your records for accuracy.

3. Create adjusting entries. Make any necessary adjustments for accruals or prepayments.

4. Generate income statement and balance sheet. Ensure your records are tax-ready for the upcoming season.

By closing your books on a regular basis (monthly, quarterly, or annually), you can ensure the statements from the previous reports do not affect the current terms, which could produce an inaccurate report on the state of your business accounts.

Bookkeepers and accountants often do these steps and use professional accounting software to reduce errors.

Have you been trying to keep up with your bookkeeping but are not sure that you have been doing it correctly?

You can have better insights into your finances through our bookkeeping services. Schedule a call to learn more.
Discovery Call link





12/30/2023

When you reach the end of an accounting period, you need to "close the books."

At a minimum, you will close your books annually because you have to file a tax return every year, and you should prepare annual financial statements as well.

Here's a simplified guide for small business owners:

1. Review all your transactions. Ensure all entries are accurate and categorized correctly.

2. Reconcile all your accounts. Match bank statements with your records for accuracy.

3. Create adjusting entries. Make any necessary adjustments for accruals or prepayments.

4. Generate income statement and balance sheet. Ensure your records are tax-ready for the upcoming season.

By closing your books on a regular basis (monthly, quarterly, or annually), you can ensure the statements from the previous reports do not affect the current terms, which could produce an inaccurate report on the state of your business accounts.

Bookkeepers and accountants often do these steps and use professional accounting software to reduce errors.

Have you been trying to keep up with your bookkeeping but are not sure that you have been doing it correctly?

You can have better insights into your finances through my bookkeeping services. Schedule a call to learn more.
Discovery Call link
https://tinyurl.com/5n6dkej3






12/29/2023

Business Owners: Here's your Goal-Setting Checklist to conquer the new year!

Let's make 2024 extraordinary together! We help business owners feel confident in their business decisions and "know your numbers".

Ready to move ahead with clarity and focus on business growth? Schedule a call with me today!
Discovery Call link
https://tinyurl.com/5n6dkej3






12/28/2023

I help simplify your bookkeeping and tax needs so you can get back to running your business!

More than just Bookkeeping, I've helped my clients Increase profitability,
meet and exceed business goals while helping them save the most in taxes!

To learn more, schedule a call.
Discovery Call link
https://tinyurl.com/5n6dkej3






Address

Grand Rapids, MI
49525

Opening Hours

Monday 10am - 5pm
Tuesday 10am - 5pm
Wednesday 10am - 5pm
Thursday 10am - 8pm
Friday 10am - 5pm

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