Here it is, down to the wire and I am just about done with the awful job of preparing my taxes for my accountant. Having your own business means lots of extra work, especially record keeping. I must say, I’ve come a long way in the last 5 years, but I still have a way to go.
I have finally mastered the day planner – one suited to my needs and my method of tracking my time, money and habits. I designed my planner myself – since there is nothing out there that incorporates everything I want. It’s a quarterly planner meant to keep track of everything except my mileage. The mileage book/sheets need to be separate from the planner so it can stay in the car, visible to my eyes every time I get in the car. Now I just need to write the mileage daily and keep up with it as the year progresses. I think that’s the hardest thing to do – keep up with my mileage!
My goal is to keep up with the mileage and the planner and enter the information quarterly into the master spread sheet where I keep track of all my business expenses. The key words here are “enter quarterly”. If I can do this, maybe next year I’ll be able to bring my paperwork to my account in January instead of April! I’m off to a good start, – I’ve already entered the information for the first quarter of 2011.