Bookkeeping is the backbone of any successful business—but it’s easy to make mistakes that can throw your finances off track. Here are three of the most common issues we see:

🔹 1. Mixing Personal and Business Finances
Blending your personal and business expenses makes tracking income, claiming deductions, and preparing taxes a headache. Always keep separate accounts to stay organized and audit-ready.

🔹 2. Not Reconciling Bank Accounts Monthly
Skipping monthly reconciliations means errors, duplicates, or even fraudulent transactions can go unnoticed. Reconciling regularly helps keep your books accurate and your business on track.

🔹 3. Misclassifying Transactions
Putting expenses in the wrong categories can lead to misleading reports and missed tax deductions. A well-structured chart of accounts and regular reviews can make all the difference.

Avoiding these mistakes saves time, stress, and money—allowing you to focus on growing your business, not fixing your books.

💡 Need help getting your bookkeeping in order? Let’s talk.