This year, after a particularly grueling episode of mileage issues, I decided to use my personal, old fashioned foolproof technique for business. Today, I pass this invaluable knowledge on to you, my wonderfully kind friends. It’s guaranteed, fail safe, and organized. You will thank me later – or now is good, too.
Binder – Preferably 2+ inches
12 Pocketed Dividers
2 Zippered Pouches
What You’ll Do:
The zippered pouches go in the front to hold a calculator, pen, etc. in one and
credit card receipts in the other.
I attach an index card to the front bottom of each divider. As I pay a bill, I will list the date, how the bill was paid, who I paid, and the amount to the card. A couple of times a month I’ll go to my card and add the bills paid to my checkbook register. Then I’ll check off each item on the list to know that it’s been added.
At the end of the year I simply remove the index card, toss any statements that do not need to be kept and staple anything else to the index card.
At the end of the year, you should have all of your totals close at hand for tax time. At least that’s the plan.