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Need Help with Organization/Tax Help!

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  • Need Help with Organization/Tax Help!

    Hi friends! I always like to get advice here because it’s the best!!!
    My mom and I have an in home daycare. She does all of the tax/paperwork and is looking for ideas to make the process less time consuming.
    How much time do you organized ppl spend doing financial paperwork per week? We do have a tax preparer, however, it’s still necessary to organize receipts etc.
    I suggested that we reduce our shopping trips per week and use a business credit card for all transactions and let the credit card do the expense tracking. But, I didn’t know if that was the most efficient method bc I need to separate supplies and food etc.
    Please please help! We have 19 million spreadsheets for this, the time spent recording everything is like 4 hours per week and it’s causing me to lose my serenity!

  • #2
    Organization continued

    Also interested in any apps that could help with this process!

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    • #3
      You really can't bead KidKare. $8 a month. It simplifies everything.

      There were a lot of glitches when they made the transition from Minute Menu Pro (that I loved) over to KidKare, but those have all been worked out, now. I spend less than 20 minutes a week organizing taxes. As long as you keep it current daily, there is little to no effort to it.
      - Unless otherwise stated, all my posts are personal opinion and worth what you paid for them.

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      • #4
        WAY too much time when I don't keep up with it.

        My goal is to organize 1 night/month, and when I do it's not too bad. But I tend to let it go for a couple of months, then it takes HOURS.

        My hubby and I have a system - I mark the receipts and enter them in KidKare (along with mileage) and he double-checks that I didn't miss anything then scans them into NEAT. We use NEAT so we don't have to keep the paper receipts.

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