Every growing business stumbles—especially with bookkeeping. Luckily, most mistakes are easy to fix once you spot them. Here’s your magical checklist of what to avoid:
- Not Keeping Receipts
Think of them as ingredients in your financial potion—without them, the spell won’t work! - Forgetting to Reconcile Bank Accounts
If your ledger and bank account don’t match, ghosts (errors) may be lurking. - Not Categorizing Expenses Properly
Mixing potions? Bad idea. Mixing categories? Worse for tax season. - Doing It All Yourself
You’re the business owner, not the bookkeeper (unless that’s your biz). Delegation = growth. - Skipping Monthly Reviews
Monthly reviews keep you in control, like checking your crystal ball before launching a new product. - Missing Deadlines
Whether it’s tax, payroll, or loan reporting—late filings bring penalties and dark energy. - Not Saving for Taxes
Taxes always come. Save monthly so it doesn’t feel like a monster knocking at year-end.
🧙♀️ Tip from the Coven: A good bookkeeper doesn’t just clean up your books—they help protect your magic.
