4 Tips for Organizing Your Business Financials (and One Tool That Will Really Help)

Organizing your small business financials doesn’t have to be a daunting task. By following a few simple steps, you can create a system that works for you and your business.

Step 1: Take Time to Plan

Decide what information you need to track and how you’re going to track it. There’s no right or wrong way to do this—it all depends on what’s best for your business. Create a budget and track your expenses using a spreadsheet or app. This will help you stay on top of your spending and make sure you’re not overspending on unnecessary things.

Step 2: Separate Your Bank Accounts

Setting up separate bank accounts for your business and personal expenses. Keeping business and personal accounts separate will help you to see what income and expenses are truly for the business and provide valuable information to make decisions.

Step 3: Reconcile Your Accounts

Start reconciling your accounts on a regular basis. This will help you keep track of expenses and income and ensure your books are up to date.

Step 4: Create a Bill-Paying System

Put together a bill-paying system that works for you. This may involve setting up automatic payments or simply creating a list of bills to be paid each month. There are several software programs that can help with this—Bill.com, Veem and Melio are just a few.


By taking the time to organize your small business finances, you can save yourself time and money in the long run.

One Tool in a Sea of Many to Help You Get Organized

QuickBooks Online is a great tool for small business owners who want to get their finances in order. QBO can help you track expenses, reconcile your accounts, and create a bill-paying system that works for you. 


QuickBooks Online can also help you plan for your future by creating financial projections, developing budgets and tracking your progress over time. It is a powerful tool that enables you to take control of your finances and run your business more effectively. 


Not sure you want to try it alone? Reach out to us we can evaluate your business needs and recommend the right QuickBooks Online subscription. We can also provide training to get you started organizing your business.

Our Latest Insight


A group of business people are hugging each other in an office.
By Alisa McCabe July 9, 2025
Set your small business up for a smooth exit or transition with clear steps, smart planning, and financial clarity. Learn where to start and how to prepare.
Two women, one with brown hair one with blonde hair, looking at a document together
By Alisa McCabe July 1, 2025
Hiring First Steps means gaining a full financial ops team—not just reports, but systems, visibility, and strategy that grow with your business.
A woman is sitting at a desk using a calculator and writing in a notebook.
By Alisa McCabe June 20, 2025
Understand the most common government audits, what triggers them, and how to prepare. Stay compliant and protect your business from penalties.

CONTACT US

Contact Us