Categories: CI Web Group Blog

5 Bookkeeping Mistakes to Avoid This Summer

Curious about how you can better manage your business finances during the hectic summer months? Profit and Wealth Guru Ruth King and CI Web Group CEO Jennifer Bagley recently hosted a webinar discussing the five critical bookkeeping mistakes to avoid during this busy period. They cover essential tips on maintaining accurate financials, ensuring robust cash flow, and avoiding pitfalls that many businesses face this time of year. Here’s a quick preview:

Highlights of the Webinar

Close Your Books On Time: Understand why timely closing of your financial books is crucial, even during the summer rush, to keep your financials accurate.
Weekly Cash Flow Tracking: Learn the importance of tracking your weekly cash flow, starting with simple methods that can help you stay on top of your finances.
Get Customer Signatures Promptly: Discover strategies to ensure you get customer signatures for financed work without delay, preventing payment bottlenecks.
Daily/Weekly Reconciliation: Know why it’s essential to reconcile your bank and credit card accounts regularly to catch any discrepancies early on.
Assign Tasks to Specific Days: Get tips on organizing your week by dedicating specific days for critical tasks like payroll and accounts payable, enhancing efficiency.

Don’t miss out on all the valuable insights shared in this session. Click here to watch the full webinar for the best tips on how to keep your business financially healthy this busy season!

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