Bookkeeping! Every creative entrepreneur’s favorite topic. One of the first steps with setting up shop is to choose and set up a bookkeeping system for your business.
It can be challenging to navigate the murky waters of options if you aren’t totally clear on what you should be looking for in a bookkeeping system.
As a maker myself AND an accountant, an ideal bookkeeping set up for makers includes the following:
- Easy to use (user-friendly and easy to set up)
- Reliable (cloud-based)
- Makes tax-time easier (keeps a running tab of net income so you know what to expect, and categorizes expenses in a tax-friendly way)
- Includes inventory functionality (an often overlooked issue that makers need for tax time!)