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Primary Bookkeeping Tasks for Small Businesses

Primary bookkeeping tasks for small businesses involve keeping track of your income and expenses. This means recording all the money that comes in (like sales and payments) and all the money that goes out (like bills and purchases).

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Primary Bookkeeping Tasks for Small Businesses

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  1. PRIMARY BOOKKEEPING TASKS FOR SMALL BUSINESSES

  2. 1 Record Income Keep track of all the money your business earns.

  3. 2 Track Expenses Note down what you spend money on for your business.

  4. 3 Invoices Create and send invoices to customers for products or services.

  5. 4 Receipts Save all receipts and bills for business purchases.

  6. 5 Bank Reconciliation Match your bank statement with your records to make sure they match.

  7. 6 Budgeting Plan how much you'll spend and earn in the future.

  8. 7 Tax Records Keep records for taxes like income tax and sales tax.

  9. 8 Payroll If you have employees, manage their pay and taxes.

  10. 9 Financial Reports Generate reports to understand your business's financial health.

  11. 10 Backup Make sure to back up all your financial data regularly.

  12. Hirs us for bookkeeping tasks 7 MATHIAS COURT, NORWALK, CT 06851 WWW.BOOKKEEPERLIVE.COM 1 5306031227 HELLO@BOOKKEEPERLIVE.COM

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