{"id":6953,"date":"2017-04-18T21:05:45","date_gmt":"2017-04-19T04:05:45","guid":{"rendered":"http:\/\/salonmonster.com\/blog\/?p=6953"},"modified":"2017-04-18T21:08:25","modified_gmt":"2017-04-19T04:08:25","slug":"stop-madness-bringing-peace-year-end-accounting","status":"publish","type":"post","link":"https:\/\/salonmonster.com\/blog\/stop-madness-bringing-peace-year-end-accounting\/","title":{"rendered":"Stop the madness! Bringing peace to your year-end accounting"},"content":{"rendered":"

\"Stop<\/h2>\n<\/p>\n

I look towards April with mixed emotions. On one hand, spring is starting to show the first signs of life and the garden is beginning to sprout. On the other, it\u2019s year-end accounting time, and I\u2019m stuck inside doing my bookkeeping, yikes!<\/h2>\n

Here\u2019s the big lesson, and I\u2019ve learned it the hard way:<\/strong> a little bit of work throughout the year can greatly reduce my pain come April.<\/p>\n

I\u2019ll admit, I used to be an accountant\u2019s nightmare. All year, I\u2019d pile up my accounting records in the corner of my office. Then, come April, I\u2019d start on a mad, week-long bender of entering it all into our accounting program. Good times!<\/p>\n

This had the not-so-unexpected result of making me very grumpy as well as preventing me from giving proper attention to our business and clients. It also irritated our accountants.<\/p>\n

Another problem with this once-a-year approach? It\u2019s impossible to truly know how your business is doing month to month. Being in the dark like this is never a good idea!<\/p>\n

I\u2019ve developed a system for making April so much more enjoyable. It\u2019s simple, really. Once a month I collect all the paperwork and reconcile that month\u2019s accounts. This allows us to look back at our profits and expenses and resolve any issues as they arise.<\/p>\n

What\u2019s even better? Using software that tracks your daily sales.<\/p>\n

For example, by using salonMonster\u2019s Point of Sales system, all your daily sales are recorded, along with taxes, tips and payments. You do a daily register closure to balance your till and then enter those numbers into your accounting software. Now you\u2019ve got pretty reports to send your accountant that have all your tax payment details, payment type breakdowns, tips and more.<\/p>\n

How do you handle YOUR year end? We\u2019d love to hear from you.<\/p>\n

If you don\u2019t have a system that\u2019s working for you, take a few minutes now and sketch out a plan. Does your software track your sales data as you make the sales? Do you need to set aside an hour each month to review the last month?<\/p>\n

A little bit of work each month will reward you with a lot less pain at the end of the year!<\/p>\n","protected":false},"excerpt":{"rendered":"

I look towards April with mixed emotions. On one hand, spring is starting to show the first signs of life and the garden is beginning to sprout. On the other, it\u2019s year-end accounting time, and I\u2019m stuck inside doing my bookkeeping, yikes! Here\u2019s the big lesson, and I\u2019ve learned it the hard way: a little … Read more<\/a><\/p>\n","protected":false},"author":4,"featured_media":6957,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-6953","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-50"],"_links":{"self":[{"href":"https:\/\/salonmonster.com\/blog\/wp-json\/wp\/v2\/posts\/6953","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/salonmonster.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/salonmonster.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/salonmonster.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/salonmonster.com\/blog\/wp-json\/wp\/v2\/comments?post=6953"}],"version-history":[{"count":8,"href":"https:\/\/salonmonster.com\/blog\/wp-json\/wp\/v2\/posts\/6953\/revisions"}],"predecessor-version":[{"id":6971,"href":"https:\/\/salonmonster.com\/blog\/wp-json\/wp\/v2\/posts\/6953\/revisions\/6971"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/salonmonster.com\/blog\/wp-json\/wp\/v2\/media\/6957"}],"wp:attachment":[{"href":"https:\/\/salonmonster.com\/blog\/wp-json\/wp\/v2\/media?parent=6953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/salonmonster.com\/blog\/wp-json\/wp\/v2\/categories?post=6953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/salonmonster.com\/blog\/wp-json\/wp\/v2\/tags?post=6953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}