Love Counts Bookkeeping

Love Counts Bookkeeping Bookkeeping service in Salado specializing in cleanup & catch-up, financial reporting, and more for businesses and individuals đź“š

Love Counts Bookkeeping helps individuals and small to mid-size businesses take control of their finances with ease and confidence. We handle the details—from day-to-day bookkeeping and payroll management to clear, accurate financial reporting—so you can focus on growth. With over 15 years of experience, we bring reliable, organized, and stress-free solutions to keep your books balanced and your m

ind at ease. Partner with Love Counts Bookkeeping and experience bookkeeping that truly makes every dollar count.

Some Things Should Stay in the ’90sLinkedIn, Facebook & InstagramIf you grew up in the ’90s, you probably had a shoebox ...
09/03/2026

Some Things Should Stay in the ’90s
LinkedIn, Facebook & Instagram

If you grew up in the ’90s, you probably had a shoebox for something—photos, letters, concert stubs… or receipts.

The nostalgia is great. The receipt system is not.

A receipt dropped into a box may document a purchase, but year-end becomes detective work when it can’t be matched to the bank transaction, vendor, business purpose, or bookkeeping category.

A simple habit makes a big difference:

Upload the receipt when you receive it.
Attach it to the matching transaction.
Add a quick note when the business purpose isn’t obvious.
Keep personal receipts separate.

Five minutes now can save a lot of searching later.

What old-school system is your business still using?

09/02/2026

September 15 is the third-quarter 2026 federal estimated-tax deadline for many business owners.

But your tax professional can only estimate from the numbers you provide.

Before sending year-to-date financials, make sure you have:

Reconciled every bank and credit-card account through August 31
Resolved uncategorized and outstanding “Ask Client” transactions
Reviewed payroll, owner activity and estimated-tax payments
Investigated unusual Balance Sheet balances
Checked old Accounts Receivable and Accounts Payable balances

Your CPA or tax professional should calculate the payment. Your bookkeeper’s role is to provide complete, reliable financial reports to support that calculation.

Tax estimates built from incomplete books can create an avoidable surprise later.

If your books need to be ready for a quarterly tax review, Love Counts Bookkeeping can help get them there.

Every business is different, so your bookkeeping process may require attention more often or less frequently than the ne...
08/31/2026

Every business is different, so your bookkeeping process may require attention more often or less frequently than the next. A good rule of thumb, however, is to update your books at least once a week. This eliminates the end-of-month scramble and decreases your risk of errors. Weekly check-ins keep your numbers up to date, transactions in recent memory, and month-end reporting simple.

If weekly bookkeeping feels like a stretch, that’s your sign to call a professional for help. Trust Love Counts Bookkeeping to handle your books so you can focus on running your business.

An old invoice in Accounts Receivable does not always mean the customer still owes you.Before sending a payment reminder...
08/27/2026

An old invoice in Accounts Receivable does not always mean the customer still owes you.

Before sending a payment reminder, review the balance carefully. The invoice may have been:

* Paid but applied incorrectly
* Duplicated
* Offset by an unapplied credit
* Written off outside the books
* Carried forward during an accounting conversion

Sending a collection message based on inaccurate A/R can create an awkward client conversation. It can also make cash flow appear stronger than it is if your reports include money that may not be collectible—or may not be owed at all.

At month-end, compare the A/R Aging report to customer statements, payments and credits. Investigate old balances before using them to make cash-flow decisions or asking a customer to pay.

If your A/R Aging report includes balances you cannot explain, Love Counts Bookkeeping can help clean them up.

Don’t Wait Until January for W-9sJanuary is the worst time to discover that a contractor never submitted a W-9.There is ...
08/25/2026

Don’t Wait Until January for W-9s

January is the worst time to discover that a contractor never submitted a W-9.

There is also an important change for 2026: the federal Form 1099-NEC reporting threshold for nonemployee compensation generally increases from $600 to $2,000.

That higher threshold is helpful—but it does not mean you should wait to collect a W-9.

A completed W-9 provides the contractor’s:

* Legal name
* Tax classification
* Mailing address
* Taxpayer identification information

You need those details to determine whether reporting is required, and certain payments, vendor types, and payment methods may follow different rules.

Make W-9 collection part of your vendor-onboarding process—ideally before the first payment is issued.

If your contractor process needs better organization, Love Counts Bookkeeping can help create a cleaner, tax-ready workflow.

Accrual accounting gives a fresh perspective on how to look at your money. Rather than recording your income when the ch...
08/24/2026

Accrual accounting gives a fresh perspective on how to look at your money. Rather than recording your income when the check clears or a bill gets paid, accrual records these amounts the moment they’re earned or owed. By approaching your books this way, you can gain a clearer understanding of your business’s actual financial health.

Get your full financial story with the help of Love Counts Bookkeeping today!

08/20/2026

LinkedIn, Facebook & Instagram
A $1,200 loan payment is not automatically $1,200 of business expense.

If the lender statement shows $900 of principal and $300 of interest, your books should generally record:

$900 reducing the loan liability

$300 as interest expense

Any lender fees separately

Posting the entire payment to an expense account creates two problems: expenses may be overstated, and the loan balance on your Balance Sheet may remain too high.

The bank transaction only shows what was paid. The lender statement shows how the payment should be divided.

Split each payment correctly and reconcile the remaining loan balance regularly.

If your loan accounts do not match your lender statements, Love Counts Bookkeeping can help clean them up.

We all have that one responsibility we promise ourselves we’ll “do tomorrow." For some business owners, reconciling acco...
08/17/2026

We all have that one responsibility we promise ourselves we’ll “do tomorrow." For some business owners, reconciling accounts is the least desirable way to spend their time. For others, it’s tediously categorizing every transaction, chasing overdue invoices, or organizing a pile of receipts to have ready for taxes. Procrastinating on any of these tasks doesn’t mean you’re lazy, but rather, you have much more important things to spend your time doing.

That’s where Love Counts Bookkeeping comes in. We take the bookkeeping off your plate so you can focus on what you do best. Contact us to learn more.

One strong client can help a business grow quickly—but it can also create a risk that is easy to overlook: client concen...
08/13/2026

One strong client can help a business grow quickly—but it can also create a risk that is easy to overlook: client concentration.

Review a rolling 12 months of revenue and calculate how much each client contributed. A single month can distort the picture. Twelve months shows the dependency more clearly.

There is no universal “safe” percentage. Ask this instead:

If your largest client left tomorrow, could you still cover payroll, debt payments, and fixed expenses while replacing that revenue?

If the answer is uncomfortable, the next step may be building cash reserves, diversifying your services, or strengthening your sales pipeline before the risk becomes urgent.

Love Counts Bookkeeping can help you turn financial reports into practical business decisions.

08/11/2026

Your budget and forecast are not supposed to stay identical all year.

A budget sets the financial target.

A forecast updates what is likely to happen based on actual sales, expenses, hiring decisions and payment timing.

By August, some assumptions made in January may no longer fit the business you are running today. Revenue could be on target while cash is tighter because customers are paying later. Expenses may be under budget because a planned hire was delayed.

A useful monthly routine:

* Compare the budget to actual results.
* Review the largest variances.
* Update the next 90 days.
* Decide whether spending, pricing or timing needs to change.

Financial reports should do more than explain the past. They should help you prepare for what comes next.

If your numbers are accurate but still are not helping you plan, Love Counts Bookkeeping can help turn them into useful financial guidance.

Address

820 N Main Street, #24
Salado, TX
76571

Opening Hours

Monday 7am - 4pm
Tuesday 7am - 4pm
Wednesday 7am - 4pm
Thursday 7am - 4pm
Friday 7am - 12pm

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