top of page

Welcome to Kristin's Bookkeeping 101

  • Writer: Kristin Farquharson
    Kristin Farquharson
  • Aug 22
  • 2 min read

Updated: Sep 7

Running a business is exciting — but keeping track of the numbers behind the scenes can sometimes feel overwhelming. That’s where bookkeeping comes in. At Kristin’s Bookkeeping & Advisory Services, we believe every business owner deserves clarity, confidence, and peace of mind when it comes to their finances.


Whether you’re just starting out or have been in business for years, understanding bookkeeping basics is the first step toward long-term success.


Bookkeeping 101
Bookkeeping 101

What is bookkeeping?

Bookkeeping is the process of recording, organizing, and managing your financial transactions. From tracking income and expenses to reconciling accounts and preparing reports, accurate bookkeeping provides the foundation for smart business decisions.

Why bookkeeping matters?

  • Clarity: Know exactly where your money is going.

  • Compliance: Stay prepared for tax season and avoid last-minute stress.

  • Cash Flow: Understand when money is coming in and going out.

  • Growth: Identify opportunities to cut costs and increase profitability


Common bookkeeping mistakes to avoid

  • Mixing personal and business expenses

  • Forgetting to reconcile bank accounts regularly

  • Not tracking receipts or invoices

  • Waiting until tax season to organize records

A little attention each month goes a long way toward preventing these headaches.


How we can help

At Kristin’s Bookkeeping & Advisory, we go beyond the numbers. We combine meticulous bookkeeping with strategic advisory services to give you the tools and confidence to run your business effectively. Whether you need QuickBooks Online training, cash flow analysis, or profitability strategies, we’re here to support you every step of the way.


Final thoughts...

Bookkeeping doesn’t have to be complicated. With the right systems in place — and a trusted advisor by your side — you can focus on what you do best: growing your business.

💬 Have questions or insights to share? Leave a comment below — we’d love to hear your perspective.

📌 Take the next step toward financial clarity: Schedule a Consultation with Kristin’s Bookkeeping & Advisory Services.

Comments


bottom of page