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A 60-Minute Monthly Bookkeeping Routine for Busy Owners

March 11, 20264 min readBy Martin Flores, Clear Path Bookkeeping Firm

You do not need to touch the books daily. You need one consistent hour, on the same day each month, doing the same steps in the same order.

Minutes 1 to 15: categorize

Clear the review queue in your accounting software. Anything you cannot identify goes on a short list to research rather than into a guessed category.

Minutes 15 to 35: reconcile

Reconcile every bank and credit card account against the statement. If a balance does not match, find the difference now while the transactions are recent.

Minutes 35 to 45: chase money

Review open invoices and send reminders. Review upcoming bills so nothing goes late. Cash flow problems are almost always visible a month before they hurt.

Minutes 45 to 60: read the numbers

Print the profit and loss for the month and compare it to the month before. Ask one question: what changed, and why? That habit is what turns bookkeeping into management.

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