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Updated over 5 years ago on . Most recent reply
How to simplify paperwork on 3 different LLCs.
I spend 6 hours a month looking at 3 different credit card accounts, 3 different checking accounts, scanning receipts, tracking mileage and filling in Excel income and expense sheets.
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Natalie Kolodij
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Sounds like you're at a place where a software would save you time.
QBO has bank feeds- so all those transactions import directly from the bank/ CC company. Then you just label what they are. As you go on it "learns" rules about how to label things: Example: Always label lowes as repairs.
You should still keep copies of receipts in the event of an audit, receipt bank is a popular app for scanning those in.
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