I just started a business and seem to have bills, fees, deposits, accounts, everywhere.
The business I am in requires being creative when finding new/used products to buy and sell. As part of finding those products I set up accounts with multiple dealers online. I may buy products from 15 different sources in a week. To compound things I am trying to keep track of everything I have purchased to open my store. I have receipts from multiple contractors, retail stores, utility companies, private bills of sale, reimbursements to family members who helped. Since I am just beginning I would like to have a repeatable procedure for keeping track of everything.
How do you keep track of all expenses and paperwork? How do you track it all for tax time? Quickbooks the answer?
Thanks for any help.