How can you keep your costs down when working with a bookkeeper? The best way is to have your documents organized and available.  Don’t bring your papers and receipts to your bookkeeper in a jumbled mess (remember crumbled receipts/invoices take time to sort).  Get yourself an accordion folder and label each section as follows:

 

• Bank Statements

• Credit Card Statements

• Invoices to clients (include in here your deposit slips acknowledging the payment of invoices)

• Invoices from vendors/suppliers (make sure you write on your invoices how they were paid – cheque, cash, credit card)

• Home office expenses (utilities bills)

• Supplies

• Auto expenses

• Receipts paid by cash from your personal pocket for business

• Receipts paid by credit card