Do you crunch your own numbers?

Ilise BenunSo many creatives do their own bookkeeping, or don’t do it at all.

The essentials of bookkeeping are neither difficult nor inherently confusing. It’s just a matter of training your mind to focus on the details. The task is essentially to put all your financial data (bills paid and money received) in order so that you can see your entire financial picture at the push of a button.

There are professional bookkeepers out there who understand creative businesses and they can either set you up to do it yourself or to come in regularly to take care of basic tasks for you. It’s one task you can quite easily delegate, if you have the proper systems set up. Either way, it’s a good idea to have an independent set of eyes on your finances.

How do you do your bookkeeping?

BTW: There’s an active discussion on the CFC LinkedIn Group about what software everyone uses for accounting/bookkeeping and related tasks.

One thought on “Do you crunch your own numbers?

  1. Brandee Borror

    I use Billings 3. It’s a great “designer” program because you can customize the look-and-feel of your invoices, estimates, statements, etc. Or if you are lucky enough and don’t have time to do design for your own company (because you spend all your time billing clients work), they provide some quirky templates that can be used instead. I most like the time-clock feature that you can access through the top menu bar on your mac. It’s really easy to keep track of all the time I spend on projects. Also, they have an App for my iphone, so I can set the timer if I’m at a meeting, working on concepts away from my desk, or need to access notes from specific projects.

    The best part about Billings, is that you don’t have to be a number cruncher to make it work. I can spend my time on creative, and not worry about trying to figure out what to do for invoicing. It’s just simple with a few easy clicks.