Re:Learn accounting for free
by mgkimsal on Monday December 20, 2021 @12:05PM
(#29627101)
I've never been 'afraid' of numbers/finance as such, but typically have operated on the smaller side of things enough where it hasn't been too much of a burden. I've had multiple financial folks in the family (accountants/cpas/cfos/etc) such that when I've had questions, I have trusted people I've turned to, which has been more than enough.
About 10 years ago I brought on an outside accountant to handle my small business stuff. They do the final 'paperwork', but it's forced me to become a bit more diligent about financial housekeeping stuff - documenting purchases, keeping tax forms, etc. And I try to never let things go more than a few weeks before reviewing (primarily expenses). Part of the 'dread' of financial stuff was having to wade through a year's worth of paperwork. Keep ahead of that and working with an external accountant has made all this more of an annoyance than anything else.
About 10 years ago I brought on an outside accountant to handle my small business stuff. They do the final 'paperwork', but it's forced me to become a bit more diligent about financial housekeeping stuff - documenting purchases, keeping tax forms, etc. And I try to never let things go more than a few weeks before reviewing (primarily expenses). Part of the 'dread' of financial stuff was having to wade through a year's worth of paperwork. Keep ahead of that and working with an external accountant has made all this more of an annoyance than anything else.