The Financial Tool Kit - being successfully self-employed is quite simply one of the best ways imaginable to make a living. Your time is your own, you don't have an obnoxious boss and the tax benefits are terrific-at least they can be if you're well-organized and keep good records.
Unfortunately, record-keeping can be a real hassle and the sad truth is that most of us are not very well-organized. Happily, our Financial Toolkit for the Self-employed can and will dramatically reduce the time and difficulties related to keeping track of your expenses and getting organized.
If you're willing to spend 15 minutes per day doing nothing more complicated than simply recording the amount and purposes of the money you've spent for business, you're done. The software tracks and categorizes the expenses and provides you the reports you need to document your tax returns.
And if you just email your accountant this workbook instead of bringing him or her a shoebox full of receipts, you'll find your accounting fees dropping along with your stress levels.
Here are some key features of "Financial Tool Kit":
Expense Record
· Date
· Comprehensive expense report with automatic totals
· User defined expense categories
Automobile Log
· Date
· Mileage record
· Business purpose record
Financing Calculator
· Provides monthly payment information for capital purchases (home, boat, automobile)
· All parameters user defined
· Expense Profile
· Automatically provides a report of funds expended by category
· User defined dates
IRS Forms
· Variety of IRS forms, rules and schedules related to expenses and documentation
Reports
· Date sensitive reports for all expense categories