To remove doubt and streamline processes in your business, why not employ some of the techniques that professional bookkeepers use for their clients?
One of these techniques is using checklists.
Here are some examples:
- At the end of every financial year you need to get your paperwork organized for your accountant. What was it they needed again?
- You have hired a new employee. You know they need to fill in some forms—some need to be sent off, some are kept on file and some are given to the employee—and you want to make sure you have all the right ones completed in the correct time frame.
- You are completing your Business Activity Statement. You know there are some end-of-period procedures you should be doing first, and what were those reports you were meant to be looking at? Wasn’t there something you were meant to be reconciling?
Using a checklist will give you confidence and remove that dreadful feeling that you have forgotten something.
Also, once you have a trusty checklist to refer to, you will save time with your bookkeeping. You won’t be going back and forth checking websites, pulling out books or asking other people.
Besides those two great reasons to use checklists that I just mentioned, isn’t it fun ticking items off a checklist (or is that just me?).
Checklists have served me well in study as well as in my work and business life. Can you think of some aspect of your business or work life that could be improved by the simple act of creating and using a checklist?
Adopted From: Bookkeeping Tips from Sarina, Festival Bookkeeping, 2/18/16