Totally Balanced Bookkeeping, LLC

5 Simple Ways To Improve Your Productivity

✅ Create a timeline for each task and stick to it. Start by assessing your workload and identifying any upcoming deadlines. Prioritize your tasks and plan your schedule accordingly. Try using the Eisenhower Matrix, a task management tool that helps you organize and prioritize tasks by urgency and importance.

✅ Breakdown goals into achievable tasks. Be honest with yourself and set realistic goals with realistic expectations. When you have a clear vision of what your purpose is and an action plan you can follow to get you to your goal, YOU WILL SUCCEED!

✅ Eliminate distractions and yes, that means putting the phone away too. Distractions hurt our efficiency and productivity. As a business owner distractions can cost you precious time and money. Keep distractions at a minimum and focus your attention on income producing activities.

✅Time Management. There are 24 hours in a day, eight of those are spent sleeping. What are you doing with the remaining 16 hours? Take a look at your daily and weekly schedule. How are you allocating your time? Invest your time in areas of your life that bring you joy and give value. Maximize the 16 hours you have by being efficient and effective. When you think you don't have time, think again. Make time for the things that are important to YOU!

✅ Be mindful and intentional by being conscious and deliberate with what your priorities are.
👉 Urgency vs Importance
👉 Effort vs Impact
👉 Stress vs Ease

✨WHAT IS THE GOAL?✨
Work efficiently to maximize output.

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If you want to manage your bookkeeping proficiently, it is best to make use of good accounting software. Also, divide the bookkeeping into smaller and well-scheduled tasks. These two techniques will help you maintain proper and accurate records.

👉Tip: I recommend utilizing calendar reminders for yourself as well as your team to help keep everyone on track.

Check out my ✨new blog post✨ to learn a few methods in which your bookkeeping tasks can be segregated. These suggestions can be quite useful especially for businesses in the service industry.

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Click here to learn more 👇

https://totallybalancedbookkeeping.com/schedule-your-bookkeeping-tasks-for-best-results/

Don’t miss these important deadlines!

👉🏼 The deadline for Q4 estimated tax payments for 2022 is Jan. 17th, which applies to income from self-employment, investments, gig economy work and more.

🚨 January 31, 2023 filing deadlines

👉🏼 W-2
If you have employees, you’ll need to fill out two copies of Form W-2 for each one. One W-2 must be submitted to the IRS and the other must be sent to the employee.

👉🏼 Form 1099-NEC Copy A and B
If you work with independent contractors, you must file Form 1099-NEC. Copy A must be filed with the IRS by this date and Copy B must be furnished to the contractor on this date, as well.

👉🏼 Form 1099-MISC Copy B
Regardless of whether you file electronically or use paper forms, Copy B of Form 1099-MISC must be sent to the payee.

5 Great Benefits of Working with a Bookkeeper As a business owner, you rely on accurate and up-to-date information so you can make the best informed decisions for your business. Managing day-to-day operations while managing your business& #8217…