CHECKLIST TO BECOME A

Rock Star
IN YOUR BUSINESS FINANCES
FOR SERVICE PROVIDERS

marinda@mebookkeeping.com
Copyright
@ 2021 M.e. Bookkeeping LLC
You are welcome to print a copy of this document for your personal use. Other than

that, no part of this publication may be reproduced, stored, or transmitted in any

form or by any means, electronic, mechanical, photocopying, recording, scanning, or

otherwise, except as permitted under Section 107 or 108 of the 1976 United States

Copyright Act, without the prior written permission of the author. Requests to the

author and publisher for permission should be addressed to the following email:

marinda@mebookkeeping.com.

Limitation of Liability/disclaimer of warranty: While the publisher and author have

used their best efforts in preparing the guide and work-book, they no representation

or warranties with respect to the accuracy or completeness of the contents of this

document and specifically disclaim any implied warranties of merchantability or

fitness for a particular purpose. No warranty may be created or extended by sales

representatives, promoters, or written sales materials.

The advice and strategies contained herein may be suitable for your situation. The

Starting Guide to Getting Organized provides general information and shouldn't be

construed as financial advice. It's always best to consult a CPA or financial advisor

for advice specific to your business. Neither the publisher nor author shall be liable

for any loss of profit or any other commercial damages, including but not limited to

special, incidental, consequential, or other damages.

www.mebookkeeping.com
 Hi, There!
Marinda Broadbent
CEO and Finance Organizer

Wife, Mom, DIY'er of all things, Crafter, Book

Nerd, Food Lover, Nature Enthusiast &

consumer of all things faux plants.

I am a Certified QuickBooks Online

ProAdvisor and Gusto People Advisor. I

started this adventure to become a Stay at

Home Mom that my beautiful daughters

need.

I am here to help small business owners gain

control of their books. I love taking messy

Don't be content to do the easy thing.
books and transforming them into clean and

neat ones. I help my clients understand their

Look for opportunities to stretch

financials and help them to grow their

business. I am here to be a partner and help farther than you think you can.

you succeed.

www.mebookkeeping.com
 Monthly Financial Review

Month:

Gross Income:
$ $ $
this month Last month Difference
Total expenses:
$ $ $
this month Last month Difference

Top Spending Categories:

$
$
$

Net Income:
$ $ $
this month Last month Difference

$ $
Pay myself Income tax put in savings

www.mebookkeeping.com
 Bookkeeping Checklist

Daily
Be Aware of Incoming & Outgoing Payments

Check Bank Balances Activity

Clear Reciepts from Wallet

Enter Time Worked

File Digital Receipts

Log Business Mileage

Open Financial Mail & Take Action

www.mebookkeeping.com
 Bookkeeping Checklist

Weekly
Deposit Checks or Cash

Record & Categorize Business Expenses

Record Customer Invoices and Receipts

Prepare & Send Customer Invoices

Update Inventory

Update Invoice Tracking Sheet

www.mebookkeeping.com
 Bookkeeping Checklist

Monthly
Calculate Tax Savings

Compare Profit & Loss to Previous Month

Check for Business Expenses in Personal

Accounts

Reconcile All Accounts

Review Business Budget

Run a Year to Date Profit & Loss Report

Run & Review a Profit & Loss Statement

Transfer Tax Savings

Update Home Office Expenses

Update Auto Expenses

Update Split Expenses

www.mebookkeeping.com
 Bookkeeping Checklist

Quarterly
Compare Profit & Loss to Previous Quarter

Check in on Financial Goals

Make Income and Sales Tax Payments

Review 1099 Tracking Sheet

Run & Review a Profit & Loss Statement

www.mebookkeeping.com
 Bookkeeping Checklist

Annual
Annual Tax Prep

Close Out Your Bookkeeping

File your 1099s

Review Profit & Loss Reports Year to Date

Prepare Budget for New Year

www.mebookkeeping.com
 Tax Deduction Cheat Sheet

advertising/Promotion
Marketing (Facebook Ads, Adwords, Mailchimp, Print Ads)

Promotion (Business cards, Flyers, Pens)

Website (Domain Names, Hosting Themes, Plugins, Subscriptions, Website

Services

car & Truck Expenses, Mileage

Car Payments

Insurance

Gas

Parking & Tolls

Registration Fees

Repairs

bank Fees
Bank Services Fees (Monthly Fees, ATM Fees)

Credit Card Fees (Annual Fees, Late Fees)

business Licenses & Permits

Consultation
cost of goods sold
Raw Materials

Labor

Inventory Costs

Dues & subscriptions Professional Organizations

education
Books & Reference Materials (Printed Books, E-books, Audiobooks,

Magazines, Newspapers)

Professional Development

Workshops, Training & Course

equipment rental

www.mebookkeeping.com
 Tax Deduction Cheat Sheet

Gift given $25 Per Person Per Year

Insurance Not Health

interest expense
Finance Changes

Loan Interest

meals (50% US Only Deductable)

Merchant process fees (Credit Card Processing Fees, Pay Pal, Stripe)

office expenses
Equipment (Printer, Computer, Laptop, Camera)

Printing (Thank You Cards, Branded Stationary)

Postage

Software (Dropbox, Google Apps, Evernote, QuickBooks Online)

Supplies (Pens, Paper, Ink, File Folders)

payroll expenses S-CORP

Payroll Taxes

Payroll Service Fees

subcontractor
telephone
Utilities
Electricity

Internet

Water & Garbage

wages & salaries S-CORP

www.mebookkeeping.com
 Awesome Financial Habits

tasks: Getting paid:

Check your budget before you spend Add due dates & late fees to your invoices

Go through personal accounts & check for Add invoice due dates to your calendar

business expenses Accept digital payments to increase

Log your mileage cash flow

Make a business budget Send out late payment reminders every

Pay yourself a set amount monthly week

Schedule weekly time for your bookkeeping

Set yearly financial goals with monthly

milestones
Debt & savings:
Reconcile your books monthly Open a retirement account & save monthly

Review your budget monthly & make Pay your taxes quarterly

adjustments Pay off your debt

Run a Profit & Loss report monthly & review
Reinvest your profits into your business

Save for vacation & sick pay

Save at least 30% of what you make for

Receipts: your taxes

Keep financial documents in a filing system

Make a spot in your wallet or purse to

taxes:
Collect W9s before you pay a contractor
store business receipts

Organize digital receipts in your email File 1099s before January 31st

process
File your taxes early
Request invoices from all contractors
Make sure you fully understand your

Store receipts & digital receipts in a hard deductions

copy filing system Track you personal health insurance &

Track your receipts at the time of purchase medical expenses

www.mebookkeeping.com
 Next Step

EVALUATION Click for more info

OF YOUR BOOKKEEPING SYSTEM

YOU HAVE BEEN DOING YOUR

BOOKKEEPING FOR A WHILE AND
WANT A SECOND PAIR OF EYES
AND MAKE SURE YOU'RE NOT
MAKING MISTAKES.

I'm click
ready!
me

BOOKKEEPING
SYSTEM SET UP
Ready to make the next step in
your business. Welcome to
digital age of bookkeeping.
Just making this step increases
your chances of bookkeeping
success.

Click for more info

Book now!

www.mebookkeeping.com
 Next Step

1:1 WITH ME
Are you done figure out your
bookkeeping and ready to
hand over. So you can focus on
other parts of your business.
Let's talk to see how I can help
you.
BOOK NOW!
M. E. Bookkeeping LLC is here to serve you. If you found
value in this document share the community above with
other business woman so they can get their copy too.

If your bookkeeping ever feels

overwhelming
or you just don't have
the time or interest to do it...

Check out the full list of

services offered to help guide &
serve you to becoming
confident with your business
Service
finances.

www.mebookkeeping.com
Come join the Facebook Community

Time is Now!
Organize your Business Finances

With Marinda

REASONS TO JOIN:
#1 You want to know and trust your
business's numbers but don't want to get an
accounting degree to do it.

#2 You want a solution for organizing your

business finances so you stop falling behind.

#3 You've felt like a financial hot mess before

and you're ready to make a change.

Click to Join

www.mebookkeeping.com