How to make life easier with the right setup for your bookkeeping files
As it always is: If you know how it works it is much easier – and faster.
So, to setup your bookkeeping files I recommend the following:
- Get some folders and start to file your receipts
If you have several bank accounts e. g. Bank A, Bank B and Bank C – file your receipts in the appropriate folders.
All the receipts which you have paid from your bank account A belong in the folder Bank A etc.
When it comes to the day you have to reconcile your accounts just take one of your new folders and book your purchases – it’s that easy – you don’t have to search your “shoebox” for the right receipts anymore ;)
The same you can apply for your credit cards as well as for your cash payment purchases.
Try it out and tell me if you like it or if you have any improvements.
Have fun with your bookkeeping,