Advertise on podcast: The Boutique Bookkeeper Show | Know Your Numbers & Prepare For Taxes

Logging into QuickBooks for the first time can feel like a LOT. Menus, tabs, apps, dashboards... but here's the truth: as a boutique owner, you only need a handful of QuickBooks features to keep your books clean and accurate. In this episode, I'm sharing the features I'd stop using tomorrow (like the Shopify and PayPal syncs that are quietly making a mess of your sales), the short list of screens that make up 90 to 95 percent of what I actually use for my clients, and which QuickBooks plan most boutiques really need. Plus, I'm sharing a lower-cost QuickBooks option I'm considering adding to my membership, and I want to hear from you if it sounds like a fit! In this episode, we cover: Why connecting Shopify or PayPal to QuickBooks causes duplicated and missing sales, and the 2-minute monthly alternative The QuickBooks features to skip: inventory tracking, auto-add bank rules, the sales tax center, invoicing, and dashboards The features to use instead: bank feeds, bank rules, recurring transactions, reconciliation, and your 3 core reports Why your P&L can show $5,000 in profit while your bank account shows $5 Simple Start vs. Essentials vs. Plus, and when it's actually worth upgrading QuickBooks Ledger: a lower-cost option for new QuickBooks users Interested in the QuickBooks Ledger + membership bundle for about $54/month? Email me at [email protected] and let me know!   Ready to take your learning a step further? Register for my Free Masterclass, Make Your Money Make Sense! Where you'll learn how to understand where your money is going, avoid costly bookkeeping mistakes, and set up an easy to follow bookkeeping system. Sign up now: www.findingfreedomfinancial.com/masterclass   Other Ways to Work With Me: Need to get your bookkeeping caught up or cleaned up? Sometimes you just need a clean starting point so you can take it over yourself. Apply to work with us at findingfreedomfinancial.com/contact and we'll get your books up to date and ready to hand off. Need some support as you do you own bookkeeping? Then I wanna invite you to join me inside of the Bookkeeping Made Simple for Boutiques Membership, where you can get trainings & support to help you feel confident as you manage the money-stuff yourself. Using Quickbooks Online, I walk you through through the exact setup & process you need to implement everything for accurate and EASY bookkeeping all year long - no more tax time scramble! Join us at findingfreedomfinancial.com/membership Are you a Shopify seller who's not quite ready to invest in a bookkeeping software like Quickbooks? Don't worry - I got you! I've created a custom Shopify Seller Income & Expense Tracker that you can use to easily enter each transaction coming in and out of your business, along with your sales data coming directly from Shopify to put together a standard P&L (Income Statement) that you can hand over to your tax preparer. Download your copy at findingfreedomfinancial.com/spreadsheet   Prefer to learn while you read? Check out the blog post for this episode: https://www.findingfreedomfinancial.com/what-quickbooks-features-should-boutique-owners-use   Related Episodes & Resources Mentioned: Ep 18: 3 QuickBooks Online Features That Will Save You HOURS Each Month (PLUS 1 Feature to Avoid) Ep 30: QuickBooks Subscription Comparison: Which Is Best for You? Ep 34: How to Record Your Shopify Deposits in QuickBooks Online Ep 17: How a Bookkeeping Reconciliation Can Find Your Missing Money Ep 11: How the 3 Retail Financial Reports Work Together Ep 3: How to Get Started with QuickBooks Online

I just spent three days at my very first mastermind, and I walked in convinced I'd be the dumbest person in the room. The sessions were amazing, but the conversations in the hallways, over supper, and in the hotel lobby taught me just as much. In this episode, I'm sharing the three biggest lessons I brought home: why you need to get in the right room (even when it scares you), why you should grow into your next step instead of jumping into it, and how to stop letting worry steal your peace today. There's no QuickBooks talk this week, just a few lessons for the business owner BEHIND the books.   Ready to take your learning a step further? Register for my Free Masterclass, Make Your Money Make Sense! Where you'll learn how to understand where your money is going, avoid costly bookkeeping mistakes, and set up an easy to follow bookkeeping system. Sign up now: www.findingfreedomfinancial.com/masterclass   Other Ways to Work With Me: Need to get your bookkeeping caught up or cleaned up? Sometimes you just need a clean starting point so you can take it over yourself. Apply to work with us at www.findingfreedomfinancial.com/contact and we'll get your books up to date and ready to hand off. Need some support as you do you own bookkeeping? Then I wanna invite you to join me inside of the Bookkeeping Made Simple for Boutiques Membership, where you can get trainings & support to help you feel confident as you manage the money-stuff yourself. Using Quickbooks Online, I walk you through through the exact setup & process you need to implement everything for accurate and EASY bookkeeping all year long - no more tax time scramble! Join us at www.findingfreedomfinancial.com/membership Are you a Shopify seller who's not quite ready to invest in a bookkeeping software like Quickbooks? Don't worry - I got you! I've created a custom Shopify Seller Income & Expense Tracker that you can use to easily enter each transaction coming in and out of your business, along with your sales data coming directly from Shopify to put together a standard P&L (Income Statement) that you can hand over to your tax preparer. Download your copy at www.findingfreedomfinancial.com/spreadsheet   Prefer to learn while you read? Check out the blog post for this episode: www.findingfreedomfinancial.com/stop-doing-business-alone    Related Episodes & Resources Mentioned: Join the waitlist for the membership here: www.findingfreedomfinancial.com/membership

Wondering how to learn bookkeeping without feeling completely lost? In this episode, I'm walking you through the exact 5-stage Success Path every member of Bookkeeping Made Simple for Boutiques follows, from setting up QuickBooks the right way to finally being able to read your own financial reports with confidence.   Ready to take your learning a step further? Register for my Free Masterclass, Make Your Money Make Sense! Where you'll learn how to understand where your money is going, avoid costly bookkeeping mistakes, and set up an easy to follow bookkeeping system. Sign up now: www.findingfreedomfinancial.com/masterclass   Other Ways to Work With Me: Need to get your bookkeeping caught up or cleaned up? Sometimes you just need a clean starting point so you can take it over yourself. Apply to work with us at www.findingfreedomfinancial.com/contact and we'll get your books up to date and ready to hand off. Need some support as you do your own bookkeeping? Then I wanna invite you to join me inside of the Bookkeeping Made Simple for Boutiques Membership, where you can get trainings & support to help you feel confident as you manage the money-stuff yourself. Using Quickbooks Online, I walk you through the exact setup & process you need to implement everything for accurate and EASY bookkeeping all year long - no more tax time scramble! Join us at www.findingfreedomfinancial.com/membership Are you a Shopify seller who's not quite ready to invest in a bookkeeping software like Quickbooks? Don't worry - I got you! I've created a custom Shopify Seller Income & Expense Tracker that you can use to easily enter each transaction coming in and out of your business, along with your sales data coming directly from Shopify to put together a standard P&L (Income Statement) that you can hand over to your tax preparer. Download your copy at www.findingfreedomfinancial.com/spreadsheet   Prefer to learn while you read? Check out the blog post for this episode: www.findingfreedomfinancial.com/how-to-learn-bookkeeping-for-boutique-owners   Related Episodes & Resources Mentioned: 029. Knowing the Numbers with Lesly Birkland: One Boutique Owner's Bookkeeping Transformation 007. What Does "Doing Your Bookkeeping" Really Mean? Your Daily, Weekly & Monthly Bookkeeping Task List

There are two common bookkeeping mistakes I see boutique owners make over and over when it comes to recording their sales data, and both of them can quietly throw off your entire financial picture. In this episode, I'm breaking down exactly what each mistake looks like, how to check if you're making one of them yourself, and I'm sharing the story of how fixing this exact issue helped one of my clients uncover $21,453.08 she didn't even know was missing.   Ready to take your learning a step further? Register for my Free Masterclass, Make Your Money Make Sense! Where you'll learn how to understand where your money is going, avoid costly bookkeeping mistakes, and set up an easy to follow bookkeeping system. Sign up now: www.findingfreedomfinancial.com/masterclass   Other Ways to Work With Me: Need to get your bookkeeping caught up or cleaned up? Sometimes you just need a clean starting point so you can take it over yourself. Apply to work with us at www.findingfreedomfinancial.com/contact and we'll get your books up to date and ready to hand off. Need some support as you do your own bookkeeping? Then I wanna invite you to join me inside of the Bookkeeping Made Simple for Boutiques Membership, where you can get trainings & support to help you feel confident as you manage the money-stuff yourself. Using QuickBooks Online, I walk you through the exact setup & process you need to implement everything for accurate and EASY bookkeeping all year long, no more tax time scramble! Join us at www.findingfreedomfinancial.com/membership Are you a Shopify seller who's not quite ready to invest in a bookkeeping software like QuickBooks? Don't worry, I got you! I've created a custom Shopify Seller Income & Expense Tracker that you can use to easily enter each transaction coming in and out of your business, along with your sales data coming directly from Shopify to put together a standard P&L (Income Statement) that you can hand over to your tax preparer. Download your copy at www.findingfreedomfinancial.com/spreadsheet   Prefer to learn while you read? Check out the blog post for this episode: https://findingfreedomfinancial.com/common-bookkeeping-mistakes-you-dont-know-youre-making    Related Episodes & Resources Mentioned: Boutique Bookkeeping Bootcamp (Sept 14-17): www.findingfreedomfinancial.com/bootcamp Episode 047 | QuickBooks vs Excel Spreadsheet: Which Should You Use? Episode mentioned in this episode, listen if you're still deciding between a spreadsheet and QuickBooks Ready to sign up for QuickBooks Online? Use my link: www.findingfreedomfinancial.com/qbo (I may earn a small commission, at no extra cost to you.)

QuickBooks vs Excel spreadsheet, which one should you actually be using for your boutique's bookkeeping? In this episode I'm breaking down the real pros and cons of both, so you can stop guessing and start making an informed decision about how you track your numbers.   Ready to take your learning a step further? Register for my Free Masterclass, Make Your Money Make Sense! Where you'll learn how to understand where your money is going, avoid costly bookkeeping mistakes, and set up an easy to follow bookkeeping system. Sign up now: www.findingfreedomfinancial.com/masterclass   Other Ways to Work With Me: Need to get your bookkeeping caught up or cleaned up? Sometimes you just need a clean starting point so you can take it over yourself. Apply to work with us at www.findingfreedomfinancial.com/contact and we'll get your books up to date and ready to hand off. Need some support as you do your own bookkeeping? Then I wanna invite you to join me inside of the Bookkeeping Made Simple for Boutiques Membership, where you can get trainings & support to help you feel confident as you manage the money-stuff yourself. Using QuickBooks Online, I walk you through the exact setup & process you need to implement everything for accurate and EASY bookkeeping all year long, no more tax time scramble! Join us at www.findingfreedomfinancial.com/membership Are you a Shopify seller who's not quite ready to invest in a bookkeeping software like QuickBooks? Don't worry, I got you! I've created a custom Shopify Seller Income & Expense Tracker that you can use to easily enter each transaction coming in and out of your business, along with your sales data coming directly from Shopify to put together a standard P&L (Income Statement) that you can hand over to your tax preparer. Download your copy at www.findingfreedomfinancial.com/spreadsheet   Prefer to learn while you read? Check out the blog post for this episode: www.findingfreedomfinancial.com/quickbooks-vs-excel-spreadsheet   Related Episodes & Resources Mentioned: Boutique Bookkeeping Bootcamp (Sept 14-17): www.findingfreedomfinancial.com/bootcamp Ready to sign up for QuickBooks Online? Use my link: www.findingfreedomfinancial.com/qbo (I may earn a small commission, at no extra cost to you.)

Ready to shift your mindset about your bookkeeping? In this episode I'm breaking down 3 common beliefs I hear from boutique owners right before they finally get started: not knowing where to begin, having tried QuickBooks before and had it not click, and worrying a real system will mean more work. We're tackling all three, and I'm giving you a real, tactical starting point to begin today.   Ready to take your learning a step further? Register for my Free Masterclass, Make Your Money Make Sense! Where you'll learn how to understand where your money is going, avoid costly bookkeeping mistakes, and set up an easy to follow bookkeeping system. Sign up now: www.findingfreedomfinancial.com/masterclass   Other Ways to Work With Me: Need to get your bookkeeping caught up or cleaned up? Sometimes you just need a clean starting point so you can take it over yourself. Apply to work with us at www.findingfreedomfinancial.com/contact and we'll get your books up to date and ready to hand off. Need some support as you do your own bookkeeping? Then I wanna invite you to join me inside of the Bookkeeping Made Simple for Boutiques Membership, where you can get trainings & support to help you feel confident as you manage the money-stuff yourself. Using Quickbooks Online, I walk you through the exact setup & process you need to implement everything for accurate and EASY bookkeeping all year long - no more tax time scramble! Join us at www.findingfreedomfinancial.com/membership Are you a Shopify seller who's not quite ready to invest in a bookkeeping software like Quickbooks? Don't worry - I got you! I've created a custom Shopify Seller Income & Expense Tracker that you can use to easily enter each transaction coming in and out of your business, along with your sales data coming directly from Shopify to put together a standard P&L (Income Statement) that you can hand over to your tax preparer. Download your copy at www.findingfreedomfinancial.com/spreadsheet   Prefer to learn while you read? Check out the blog post for this episode: www.findingfreedomfinancial.com/shift-your-mindset-3-bookkeeping-excuses-to-drop   Related Episodes & Resources Mentioned: Boutique Bookkeeping Bootcamp (Sept 14-17): www.findingfreedomfinancial.com/bootcamp Sign up for Quickbooks Here (affiliate link): www.findingfreedomfinancial.com/qbo  Free Chart of Accounts Template (mentioned in this episode): www.findingfreedomfinancial.com/coa-template Episode 029 | Knowing the Numbers with Lesly Birkland: One Boutique Owner's Bookkeeping Transformation, hear more about a real bookkeeping transformation over time

Feeling behind on your bookkeeping and not sure how to get out of that cycle? In this episode I'm recapping a conversation from the Inventory Genius podcast between my friend Ciara Stockeland and Rebecca, a former student of mine, where Rebecca shares the exact framework that can help you finally know your numbers and break free from the shame and avoidance that comes with running a business. We're breaking down her 3 words: courage, consistency, and confidence, and what each one actually looks like in practice.   Ready to take your learning a step further? Register for my Free Masterclass, Make Your Money Make Sense! Where you'll learn how to understand where your money is going, avoid costly bookkeeping mistakes, and set up an easy to follow bookkeeping system. Sign up now: www.findingfreedomfinancial.com/masterclass   Other Ways to Work With Me: Need to get your bookkeeping caught up or cleaned up? Sometimes you just need a clean starting point so you can take it over yourself. Apply to work with us at www.findingfreedomfinancial.com/contact and we'll get your books up to date and ready to hand off. Need some support as you do your own bookkeeping? Then I wanna invite you to join me inside of the Bookkeeping Made Simple for Boutiques Membership, where you can get trainings & support to help you feel confident as you manage the money-stuff yourself. Using Quickbooks Online, I walk you through the exact setup & process you need to implement everything for accurate and EASY bookkeeping all year long - no more tax time scramble! Join us at www.findingfreedomfinancial.com/membership Are you a Shopify seller who's not quite ready to invest in a bookkeeping software like Quickbooks? Don't worry - I got you! I've created a custom Shopify Seller Income & Expense Tracker that you can use to easily enter each transaction coming in and out of your business, along with your sales data coming directly from Shopify to put together a standard P&L (Income Statement) that you can hand over to your tax preparer. Download your copy at www.findingfreedomfinancial.com/spreadsheet Prefer to learn while you read? Check out the blog post for this episode: https://www.findingfreedomfinancial.com/3-words-that-help-you-know-your-numbers    Related Episodes & Resources Mentioned: Ciara and Rebecca's full episode: “297 Pt 1: Courage, Clarity, and Confidence with Your Money” The Inventory Genius Podcast (full show)

This week, I'm digging into why Shopify accounting isn't something most CPAs are trained for, and why that's not actually a knock on them. I share some of my own accounting background (including a confession about my own tax returns), and walk through why you don't need your CPA to explain your numbers to you. You can understand them yourself, and even be the one answering THEIR questions at tax time.   Ready to take your learning a step further? Register for my Free Masterclass, Make Your Money Make Sense! Where you'll learn how to understand where your money is going, avoid costly bookkeeping mistakes, and set up an easy to follow bookkeeping system. Sign up now: www.findingfreedomfinancial.com/masterclass   Other Ways to Work With Me: Need to get your bookkeeping caught up or cleaned up? Sometimes you just need a clean starting point so you can take it over yourself. Apply to work with us at www.findingfreedomfinancial.com/contact and we'll get your books up to date and ready to hand off. Need some support as you do your own bookkeeping? Then I wanna invite you to join me inside of the Bookkeeping Made Simple for Boutiques Membership, where you can get trainings & support to help you feel confident as you manage the money-stuff yourself. Using QuickBooks Online, I walk you through the exact setup & process you need to implement everything for accurate and EASY bookkeeping all year long, no more tax time scramble! Join us at www.findingfreedomfinancial.com/membership Are you a Shopify seller who's not quite ready to invest in a bookkeeping software like QuickBooks? Don't worry, I got you! I've created a custom Shopify Seller Income & Expense Tracker that you can use to easily enter each transaction coming in and out of your business, along with your sales data coming directly from Shopify to put together a standard P&L (Income Statement) that you can hand over to your tax preparer. Download your copy at www.findingfreedomfinancial.com/spreadsheet   Prefer to learn while you read? Check out the blog post for this episode: https://www.findingfreedomfinancial.com/cpa-cant-help-with-shopify-accounting   Related Episodes & Resources Mentioned: Episode 16: Why You Shouldn't Use Your 1099-K to File Your Taxes

This week, I'm getting personal about why you started your business in the first place, and how that ties into the real mission behind Finding Freedom Financial. I share my own story, from the name I picked back in 2017 to the Bible verse this business is built on, and reframe bookkeeping as the tool that protects your freedom, not a test you have to pass perfectly.   Ready to take your learning a step further? Register for my Free Masterclass, Make Your Money Make Sense! Where you'll learn how to understand where your money is going, avoid costly bookkeeping mistakes, and set up an easy to follow bookkeeping system. Sign up now: www.findingfreedomfinancial.com/masterclass   Other Ways to Work With Me: Need to get your bookkeeping caught up or cleaned up? Sometimes you just need a clean starting point so you can take it over yourself. Apply to work with us at www.findingfreedomfinancial.com/contact and we'll get your books up to date and ready to hand off. Need some support as you do your own bookkeeping? Then I wanna invite you to join me inside of the Bookkeeping Made Simple for Boutiques Membership, where you can get trainings & support to help you feel confident as you manage the money-stuff yourself. Using QuickBooks Online, I walk you through the exact setup & process you need to implement everything for accurate and EASY bookkeeping all year long, no more tax time scramble! Join us at www.findingfreedomfinancial.com/membership Are you a Shopify seller who's not quite ready to invest in a bookkeeping software like QuickBooks? Don't worry, I got you! I've created a custom Shopify Seller Income & Expense Tracker that you can use to easily enter each transaction coming in and out of your business, along with your sales data coming directly from Shopify to put together a standard P&L (Income Statement) that you can hand over to your tax preparer. Download your copy at www.findingfreedomfinancial.com/spreadsheet   Prefer to learn while you read? Check out the blog post for this episode: https://www.findingfreedomfinancial.com/why-you-started-your-business    Related Episodes & Resources Mentioned: Free “Make Your Money Make Sense” Masterclass: Register for one of the upcoming sessions here: https://www.findingfreedomfinancial.com/masterclass

This week, Megan shares the real story behind a scary business decision she sat on for months this year, scaling back her client list and letting go of her employees. More than the decision itself, she walks through what actually helped her move forward with clarity instead of fear: knowing her numbers.   Ready to take your learning a step further? Register for my Free Masterclass, Make Your Money Make Sense! Where you'll learn how to understand where your money is going, avoid costly bookkeeping mistakes, and set up an easy to follow bookkeeping system. Sign up now: www.findingfreedomfinancial.com/masterclass   Other Ways to Work With Me: Need to get your bookkeeping caught up or cleaned up? Sometimes you just need a clean starting point so you can take it over yourself. Apply to work with us at www.findingfreedomfinancial.com/contact and we'll get your books up to date and ready to hand off. Need some support as you do your own bookkeeping? Then I wanna invite you to join me inside of the Bookkeeping Made Simple for Boutiques Membership, where you can get trainings & support to help you feel confident as you manage the money-stuff yourself. Using QuickBooks Online, I walk you through the exact setup & process you need to implement everything for accurate and EASY bookkeeping all year long, no more tax time scramble! Join us at www.findingfreedomfinancial.com/membership Are you a Shopify seller who's not quite ready to invest in a bookkeeping software like QuickBooks? Don't worry, I got you! I've created a custom Shopify Seller Income & Expense Tracker that you can use to easily enter each transaction coming in and out of your business, along with your sales data coming directly from Shopify to put together a standard P&L (Income Statement) that you can hand over to your tax preparer. Download your copy at www.findingfreedomfinancial.com/spreadsheet   Prefer to learn while you read? Check out the blog post for this episode: www.findingfreedomfinancial.com/business-decision   Related Episodes & Resources Mentioned: Episode 040 | 5 Business Lessons for Boutique Owners (From My First 5 Years), last week's episode if you want more of my story Episode 029 | Knowing the Numbers with Lesly Birkland: One Boutique Owner's Bookkeeping Transformation, hear more about how finally knowing her numbers helped Lesly run her boutique better Want to reach out? Send me a DM on Instagram

This week's episode looks a little different. Instead of a typical bookkeeping walkthrough, I'm celebrating 5 years in business by sharing 5 business lessons that apply directly to boutique owners, no matter what season your shop is in. From learning to pivot, to embracing AI tools, to finding your niche and knowing your why, these are the lessons that have shaped Finding Freedom Financial over the last half-decade.   Ready to take your learning a step further? Register for my Free Masterclass, Make Your Money Make Sense! Where you'll learn how to understand where your money is going, avoid costly bookkeeping mistakes, and set up an easy to follow bookkeeping system. Sign up now: www.findingfreedomfinancial.com/masterclass   Other Ways to Work With Me: Need to get your bookkeeping caught up or cleaned up? Sometimes you just need a clean starting point so you can take it over yourself. Apply to work with us at www.findingfreedomfinancial.com/contact and we'll get your books up to date and ready to hand off. Need some support as you do your own bookkeeping? Then I wanna invite you to join me inside of the Bookkeeping Made Simple for Boutiques Membership, where you can get trainings & support to help you feel confident as you manage the money-stuff yourself. Using QuickBooks Online, I walk you through the exact setup & process you need to implement everything for accurate and EASY bookkeeping all year long, no more tax time scramble! Join us at www.findingfreedomfinancial.com/membership Are you a Shopify seller who's not quite ready to invest in a bookkeeping software like QuickBooks? Don't worry, I got you! I've created a custom Shopify Seller Income & Expense Tracker that you can use to easily enter each transaction coming in and out of your business, along with your sales data coming directly from Shopify to put together a standard P&L (Income Statement) that you can hand over to your tax preparer. Download your copy at www.findingfreedomfinancial.com/spreadsheet   Prefer to learn while you read? Check out the blog post for this episode: www.findingfreedomfinancial.com/5-business-lessons   Related Episodes & Resources Mentioned: Episode 028 | How a Failed Course Led Me to Simplify Accounting for Retailers, hear more of the backstory of this business and the pivots I've made in my business and niche to get where I am today

Ever feel like you're making plenty of sales but you still can't say whether your boutique is actually profitable? In this episode, I'm walking you through how to find the break-even point for your boutique, which is the exact number of net product sales you need to cover all your costs. Then I show you how to turn that number into a SMART sales goal built on YOUR real numbers, including one extra step most boutique owners miss when they've got a business loan. Grab a notebook, a pen, and your calculator for this one.   Ready to take your learning a step further? Register for my Free Masterclass, Make Your Money Make Sense! Where you'll learn how to understand where your money is going, avoid costly bookkeeping mistakes, and set up an easy to follow bookkeeping system. Sign up now: www.findingfreedomfinancial.com/masterclass   Other Ways to Work With Me: Need to get your bookkeeping caught up or cleaned up? Sometimes you just need a clean starting point so you can take it over yourself. Apply to work with us at www.findingfreedomfinancial.com/contact and we'll get your books up to date and ready to hand off. Need some support as you do you own bookkeeping? Then I wanna invite you to join me inside of the Bookkeeping Made Simple for Boutiques Membership, where you can get trainings & support to help you feel confident as you manage the money-stuff yourself. Using Quickbooks Online, I walk you through through the exact setup & process you need to implement everything for accurate and EASY bookkeeping all year long - no more tax time scramble! Join us at www.findingfreedomfinancial.com/membership Are you a Shopify seller who's not quite ready to invest in a bookkeeping software like Quickbooks? Don't worry - I got you! I've created a custom Shopify Seller Income & Expense Tracker that you can use to easily enter each transaction coming in and out of your business, along with your sales data coming directly from Shopify to put together a standard P&L (Income Statement) that you can hand over to your tax preparer. Download your copy at www.findingfreedomfinancial.com/spreadsheet   Prefer to learn while you read? Check out the blog post for this episode: http://findingfreedomfinancial.com/calculating-your-break-even-point/   Related Episodes & Resources Mentioned: Episode 31: The Inventory and COGS Mistake That's Hiding Your Real Profit Episode 8: Understanding the Income Statement for Your Boutique

Starting your boutique and not sure what bookkeeping even means? Welcome to bookkeeping for beginners! In this episode, we are walking through exactly what bookkeeping is (and what it is not), plus the few simple things every brand new boutique owner should set up right from the start. You will learn why separating your business and personal finances matters so much, how to pick a system you can stick with, and the one weekly habit that keeps tax season from ever becoming a scramble. No overwhelm, no math degree required, just a clean and confident start.   Ready to take your learning a step further? Register for my Free Masterclass, Make Your Money Make Sense! Where you’ll learn how to understand where your money is going, avoid costly bookkeeping mistakes, and set up an easy to follow bookkeeping system. Sign up now: www.findingfreedomfinancial.com/masterclass   Other Ways to Work With Me: Need to get your bookkeeping caught up or cleaned up? Sometimes you just need a clean starting point so you can take it over yourself. Apply to work with us at www.findingfreedomfinancial.com/contact and we’ll get your books up to date and ready to hand off. Need some support as you do you own bookkeeping? Then I wanna invite you to join me inside of the Bookkeeping Made Simple for Boutiques Membership, where you can get trainings & support to help you feel confident as you manage the money-stuff yourself. Using Quickbooks Online, I walk you through through the exact setup & process you need to implement everything for accurate and EASY bookkeeping all year long - no more tax time scramble! Join us at www.findingfreedomfinancial.com/membership Are you a Shopify seller who’s not quite ready to invest in a bookkeeping software like Quickbooks? Don’t worry - I got you! I’ve created a custom Shopify Seller Income & Expense Tracker that you can use to easily enter each transaction coming in and out of your business, along with your sales data coming directly from Shopify to put together a standard P&L (Income Statement) that you can hand over to your tax preparer. Download your copy at www.findingfreedomfinancial.com/spreadsheet   Prefer to learn while you read? Check out the blog post for this episode: http://findingfreedomfinancial.com/how-to-do-your-own-bookkeeping/   Related Episodes & Resources Mentioned: Episode 3 | How to Get Started with QuickBooks Online: Listen here Episode 18 | 3 QuickBooks Online Features That Will Save You HOURS Each Month (Plus 1 to Avoid): Listen here Ready to sign up for QuickBooks Online? Use my link: www.findingfreedomfinancial.com/qbo (I may earn a small commission, at no extra cost to you.) Shopify Seller Income & Expense Spreadsheet: www.findingfreedomfinancial.com/spreadsheet

Most boutique owners don't avoid their bookkeeping because they're lazy. They avoid it because nobody ever handed them a roadmap. In this episode, I'm walking you through six free bookkeeping resources that meet you wherever you're stuck right now, in the exact order you'd actually use them. We start with the most common bookkeeping questions answered in plain English, move into knowing what you can deduct on your taxes, avoiding the most common bookkeeping mistakes, building a solid foundation with a boutique-specific chart of accounts, learning to actually READ your financial reports, and finally getting a handle on your cash flow with Profit First. You don't have to grab all six today. You just need to know which one matches where you are.   Ready to take your learning a step further? Register for my Free Masterclass, Make Your Money Make Sense! Where you'll learn how to understand where your money is going, avoid costly bookkeeping mistakes, and set up an easy to follow bookkeeping system. Sign up now: www.findingfreedomfinancial.com/masterclass   Other Ways to Work With Me: Need to get your bookkeeping caught up or cleaned up? Sometimes you just need a clean starting point so you can take it over yourself. Apply to work with us at www.findingfreedomfinancial.com/contact and we'll get your books up to date and ready to hand off. Need some support as you do you own bookkeeping? Then I wanna invite you to join me inside of the Bookkeeping Made Simple for Boutiques Membership, where you can get trainings & support to help you feel confident as you manage the money-stuff yourself. Using Quickbooks Online, I walk you through through the exact setup & process you need to implement everything for accurate and EASY bookkeeping all year long - no more tax time scramble! Join us at www.findingfreedomfinancial.com/membership Are you a Shopify seller who's not quite ready to invest in a bookkeeping software like Quickbooks? Don't worry - I got you! I've created a custom Shopify Seller Income & Expense Tracker that you can use to easily enter each transaction coming in and out of your business, along with your sales data coming directly from Shopify to put together a standard P&L (Income Statement) that you can hand over to your tax preparer. Download your copy at www.findingfreedomfinancial.com/spreadsheet   Prefer to learn while you read? Check out the blog post for this episode: https://findingfreedomfinancial.com/bookkeeping-resources/   Related Episodes & Resources Mentioned: Boutique Bookkeeping Guide: www.findingfreedomfinancial.com/guide Tax Deduction Guide for Boutique Owners: www.findingfreedomfinancial.com/deductions 5 Mistakes to Avoid in Your Boutique Bookkeeping: www.findingfreedomfinancial.com/mistakes Chart of Accounts Template: www.findingfreedomfinancial.com/coa-template Make Your Money Make Sense Masterclass: www.findingfreedomfinancial.com/masterclass Profit First Template: www.findingfreedomfinancial.com/profit-first-template

Hiring a bookkeeper for your boutique is a big decision, and most boutique owners go into that conversation without knowing what to ask. In this episode, I’m walking you through 8 specific questions to ask when hiring a bookkeeper, what a good answer looks like for each one, and the red flags that should send you running before you hand over access to your financial accounts.   Ready to take your learning a step further? Register for my Free Masterclass, Make Your Money Make Sense! Where you’ll learn how to understand where your money is going, avoid costly bookkeeping mistakes, and set up an easy to follow bookkeeping system. Sign up now: www.findingfreedomfinancial.com/masterclass   Other Ways to Work With Me: Need to get your bookkeeping caught up or cleaned up? Sometimes you just need a clean starting point so you can take it over yourself. Apply to work with us at www.findingfreedomfinancial.com/contact and we’ll get your books up to date and ready to hand off. Need some support as you do your own bookkeeping? Then I wanna invite you to join me inside of the Bookkeeping Made Simple for Boutiques Membership, where you can get trainings & support to help you feel confident as you manage the money-stuff yourself. Using Quickbooks Online, I walk you through the exact setup & process you need to implement everything for accurate and EASY bookkeeping all year long - no more tax time scramble! Join us at www.findingfreedomfinancial.com/membership Are you a Shopify seller who’s not quite ready to invest in a bookkeeping software like Quickbooks? Don’t worry - I got you! I’ve created a custom Shopify Seller Income & Expense Tracker that you can use to easily enter each transaction coming in and out of your business, along with your sales data coming directly from Shopify to put together a standard P&L (Income Statement) that you can hand over to your tax preparer. Download your copy at www.findingfreedomfinancial.com/spreadsheet   Prefer to learn while you read? Check out the blog post for this episode: www.findingfreedomfinancial.com/questions-to-ask-when-hiring-a-bookkeeper   Related Episodes & Resources Mentioned: Ep. 36 - Hiring a Bookkeeper Isn’t Always the Answer Ep. 20 - Bookkeeper vs. Tax Preparer (And Why You Need Both) A2X Bookkeep