Bookkeeping for Freelancers: How to Handle Your Finances
Top 3 Takeaways from this Course:
1. Learning Terms: Sole Props, LLC's, C-Corps, Single-Entry Bookkeeping, etc. There were a lot of terms in this series that I had not heard before, which gave me a good starting point for doing more research on these.
2. Separate Personal from Business Spending: I currently do all of this with one account and I am very on top of my personal finances with Google Sheets, which I love. I need to create a plan to separate this from my business. Even though I currently do not have as much income coming in and expenses going out, I would like to make a plan for when this does happen!
3. Categorizing Transactions & Organizing Documents: This is something that I am going to also need to focus on and keep organized for tax purposes.