As the nights grow darker and pumpkins start to glow, it’s not just ghouls and goblins that haunt business owners – it’s their bookkeeping horrors!
The scariest part? These financial nightmares can sneak up on you when you least expect it and say BOO!
Here are some scary bookkeeping blunders to avoid and how to keep your financials from turning into Halloween Horror!
Phantom Expenses:
Have you ever looked at your books and thought “Where did all that money go?” Phantom expenses! Or “Where did THAT subscription come from?” – Phantom expenses! Whether it is untracked or miscategorized costs right through to subscriptions you forgot you had, ensuring every expense is recorded and relevant to your business will ensure you are not left in the dark.
Zombie Invoices:
Dead invoices that never get paid! Chasing down overdue payments can feel like battling the dead! Set up automated reminders or hire a trusty bookkeeper to handle collections before these zombie invoices drag your cashflow 6 ft under.
The Witches Brew of Tax Trouble:
Messy books are like a cauldron of chaos when tax season comes around. Don’t let your tax prep be a spell binding disaster. If you want to avoid the taxman knocking on your door like a pesky poltergeist, then now is the time to tidy up your books.
The Curse of Procrastination:
Leaving your bookkeeping to the last minute is a recipe for disaster. Before you know it you are buried under a mountain of paperwork with no escape in sight. Regular updates can lift this curse and keep your books above board.
This Halloween don’t let bookkeeping horrors haunt your business. Tackle those terrifying tasks head on, OR reach out to Amber Business Support so we can help things run smoothly – no surprises, no tricks –
just TREATS.
Happy Halloween!
