Bookkeeping Tip #2
Joe Cavell - January 28, 2026
Use your bank transactions—not receipts—as the foundation of your bookkeeping.
Saving receipts alone can cause you to miss expenses. While receipts matter for audits, your bank and credit card transactions show everything that actually happened.
Make sure every transaction from your business bank account shows up in your bookkeeping software. Most tools pull this in automatically—your job is just to categorize it correctly.
Fewer missed expenses; Cleaner books; Less stress at tax time
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