Digits n Debits Bookkeeping

Digits n Debits Bookkeeping Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Digits n Debits Bookkeeping, Financial service, 4010 O’Ferral Street, Hattiesburg, MS.

Digits n Debits, LLC helps service based business save an average of 60 hours a year as well as an average of $7,000 annually by streamlining their business's books!

We love helping our clients stay organized, improve cash flow, understand their numbers, and feel confident making finan...
08/31/2026

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.


Here are some simple ways to better protect your business:- Reconcile your bank and credit card accounts every month.- R...
08/28/2026

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.


Happy International Dog Day from Wilson, our unofficial mascot at Digits N Debits! Today we're celebrating our loyal com...
08/26/2026

Happy International Dog Day from Wilson, our unofficial mascot at Digits N Debits!

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

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


Old balances in accounts like Suspense, Uncategorized Income, Uncategorized Expense, or Uncategorized Asset are usually ...
08/24/2026

Old balances in accounts like Suspense, Uncategorized Income, Uncategorized Expense, or Uncategorized Asset are usually a sign that something needs attention.

Here's what to do:

- Run a report for the account and review all transactions.
- Open each transaction to identify the vendor, customer, or bank activity.
- Reassign the transaction to the correct income, expense, asset, or equity account.
- Reconcile your accounts to confirm your books are accurate.

These issues are more common than you think, and they can affect your Profit & Loss, Balance Sheet, and the accuracy of your tax return.

That's why it's important to review and clean up your books regularly.

Have questions? Drop them in the comments below.

Save this post for later and follow for more practical bookkeeping, business, and money tips to help keep your business finances organized.


QuickBooks has been rolling out AI updates, and you may notice a few changes. Here are a few things to know:- Transactio...
08/21/2026

QuickBooks has been rolling out AI updates, and you may notice a few changes. Here are a few things to know:

- Transactions don't post automatically. You decide what gets added to your books.

- Match means the transaction already exists in QuickBooks. You're simply matching it to the bank transaction.

- Categorize means the transaction is new, and you're telling QuickBooks where it belongs.

- AI suggestions can save time, but always review them before accepting.

Think of bank feeds like a helpful assistant. They can save you a lot of time, but you're still the one making the final decisions.

Always review transactions before accepting them into your books.

Ready to spend less time on bookkeeping and more time growing your business?

Book a call using the link in our profile, or comment "books" below to learn more about how we can help.


Don't forget these important tax deadlines due September 15, 2026:- Third quarter estimated tax payment due for self emp...
08/19/2026

Don't forget these important tax deadlines due September 15, 2026:

- Third quarter estimated tax payment due for self employed individuals and business owners who make quarterly estimated tax payments.

- Extended tax return deadline for Partnerships (Form 1065) and S Corporations (Form 1120-S) that filed an extension.

Now is a great time to review your books, make sure your records are up to date, and prepare for the September 15 deadline.

Need help getting your books organized? Book a call using the link in our profile or comment "books" below to learn more about our bookkeeping services.


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 ...
08/17/2026

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.


Happy National Financial Awareness Day!What's one investment you've made that's had the biggest impact on your business?...
08/14/2026

Happy National Financial Awareness Day!

What's one investment you've made that's had the biggest impact on your business?

Share it in the comments below!


There's nothing more rewarding than helping business owners feel confident in their finances.We're grateful for every cl...
08/12/2026

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.


1. We keep your books organized so you always know where your business stands.2. We help you monitor cash flow so you ca...
08/10/2026

1. We keep your books organized so you always know where your business stands.

2. We help you monitor cash flow so you can plan ahead and avoid surprises.

3. We prepare accurate financial reports so you can make informed business decisions with confidence.

4. We keep you tax ready by maintaining accurate, up to date financial records throughout the year.

5. We prepare lender ready financials when you're applying for a business loan or financing.

6. We save you time and reduce stress so you can focus on growing your business instead of managing your books.

Ready to spend less time on your business finances and more time running your business?

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


Address

4010 O’Ferral Street
Hattiesburg, MS
39401

Opening Hours

Monday 9am - 6pm
Tuesday 9am - 6pm
Wednesday 9am - 6pm
Thursday 9am - 6pm
Friday 9am - 6pm

Website

Alerts

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

Shortcuts

Share

Category