By Crystal Mitchell
Have you ever asked yourself ‘how can I save myself time and still get my Accountant what they need?’ It’s a great concept but can it be done?
Take a moment to think of the items your Accountant is going to ask for each week, month, or year. For example, you know when you hire a new employee that the paperwork needs to be sent to the Tennessee New Hire and/or to your Accountant.
You could create a folder or drawer system. Items that you know will need to be sent to your Accountant can be copied and placed in a folder or drawer. These would be items like new asset purchase invoices, monthly bank statements, monthly credit card statements, checkbooks, check registers, invoices, W-4s, and W-2s.
You could keep a list of items sent the previous year to remind you of what you will need to send.
Remember that it’s not only the assets added to your business but also assets sold or discarded that need to be reported.
Rounding up items can be frustrating, but a necessary part of the process. Hopefully these ideas can help getting information to your Accountant a pleasant and happy process.