JMJ Bookkeeping

JMJ Bookkeeping Alleviating the bookkeeping burden from business owners, because little things add up to big things.

QuickBooks works best when it is set up to match how your business actually operates. A customized setup makes your repo...
04/27/2026

QuickBooks works best when it is set up to match how your business actually operates. A customized setup makes your reports clearer and your bookkeeping much easier to manage.

Here are a few ways QuickBooks should be customized for your business.

- Customize your chart of accounts so income and expenses reflect the way your business runs

- Set up products, services, and categories that match what you actually sell

- Set up classes, locations, or projects if you want to track different revenue streams

When QuickBooks is set up correctly, it becomes a powerful tool for understanding your business finances.

Does your QuickBooks reflect how your business actually operates, or are you still using the default setup?

Have questions, drop them below!













Not sure if your business is financially healthy? These quick checks can give you a good idea.- Are you consistently pro...
04/22/2026

Not sure if your business is financially healthy? These quick checks can give you a good idea.

- Are you consistently profitable each month?

- Do you have enough cash to comfortably cover expenses?

- Are your sales steady or growing over time?

- Are you able to pay yourself regularly?

These simple indicators can help you quickly see if your business is on the right financial track.














Spring is the perfect time to clean up more than just your space. It is time to clean up your balance sheet!Over time, a...
04/14/2026

Spring is the perfect time to clean up more than just your space. It is time to clean up your balance sheet!

Over time, accounts get messy. Old receivables sit unpaid. Liabilities are not updated. Accounts go unreconciled.

Here is where to start:

1. Review accounts receivable and follow up on overdue invoices

2. Write off uncollectible balances so your numbers reflect reality

3. Reconcile all bank and credit card accounts

4. Review common problem accounts like payroll liabilities and sales tax payable to make sure balances are accurate and payments are recorded correctly

5. Check for negative balances in asset accounts such as bank accounts or accounts receivable, which typically should not be negative and may signal errors or miscategorized entries.

Your balance sheet should clearly show what you own and what you owe!

Clean numbers create clarity and confidence.

We can get you there! Reach out when you’re ready to take the stress out of your business finances.













You still have time to get organized. You just need to focus on the right things.Here is where to start:1. Reconcile all...
03/31/2026

You still have time to get organized. You just need to focus on the right things.

Here is where to start:

1. Reconcile all bank and credit card accounts so your books match your statements and your reports are accurate.

2. Review your profit and loss to identify missing income, uncategorized expenses, or unusual transactions.

3. Gather receipts and documentation for large purchases, travel, meals, equipment, and any major deductions.

4. Gather documents immediately by collecting W 2s, 1099s for income, and mortgage interest or charitable contribution records.

5. Review all personal and business information before filing, including social security numbers, employer identification numbers, calculations, and signatures, since small errors can cause rejected returns or delayed refunds.

6. File an extension if needed by submitting Form 4868 by April 15 for an automatic extension to October 15, and pay any estimated taxes owed to help avoid penalties and interest.

Do not aim for perfect. Aim for accurate and complete.














Before you dive into the next few months, take a minute to set actual financial targets. Not just “make more money” but ...
03/30/2026

Before you dive into the next few months, take a minute to set actual financial targets. Not just “make more money” but real numbers.

Start here:

1. Revenue goal: How much do you actually want to bring in this quarter? Break it down by month so it feels doable.

2. Profit goal: What do you want to keep after expenses? Revenue is great, but profit is the goal.

3. Expense check: Are there any costs you need to reduce or cap in Q2?

4. Cash flow target: What is the minimum balance you want in your account at all times?

5. Owner pay: How much are you committing to paying yourself this quarter?

Use your Q1 numbers as your baseline and build from there.

Have you set your Q2 money goals yet?













Before you move into Q2, take time to review Q1 and make adjustments based on real numbers, not assumptions.Here are 4 t...
03/24/2026

Before you move into Q2, take time to review Q1 and make adjustments based on real numbers, not assumptions.

Here are 4 to dos before moving forward:

1. Reconcile all accounts so your bank accounts, credit cards, and liabilities are accurate and your reports are reliable.

2. Review your Q1 profit and loss by analyzing revenue, expenses, and net profit to see if you actually hit your targets.

3. Check your cash flow by reviewing bank balances and following up on any unpaid invoices impacting your cash position.

4. Adjust your Q2 plan and projections by updating pricing, reducing unnecessary expenses, and setting clear revenue goals based on Q1 performance.

Do not carry confusion into a new quarter. Carry clarity.

Are your numbers ready for Q2?














If you want real growth, focus on practical moves that actually impact your numbers. Here are a few to start with:1. Get...
03/11/2026

If you want real growth, focus on practical moves that actually impact your numbers.

Here are a few to start with:

1. Get clear on your cash flow. Open your bank statements and map out the next 60 days of expected income and bills so you are making decisions from facts, not feelings.

2. Review your pricing. Look at your margins and ask yourself if they truly support growth, rising costs, and paying yourself well.

3. Cut one unnecessary expense. Go through your subscriptions and cancel at least one that is not directly supporting revenue or efficiency.

4. Follow up on unpaid invoices. Run an aging report and send reminders on anything over 15 or 30 days to speed up cash flow.

5. Strengthen one system. Document a key workflow and automate one repetitive task to protect your time and profit.

6. Add one recurring offer. Turn a one time service into a monthly support option or maintenance plan to create predictable revenue.

Ready to hand it over and stop doing it all yourself?

Book a call to learn more about how we can help!













03/09/2026

Mark Your Calendar
Maple Syrup Family Day
March 28, 2026 ~ 9am - 4pm
Richfield Historical Park, 1986 Hwy 164, Richfield, WI
More Information: richfieldhistoricalsociety.org

Bank statements alone do not substantiate your deductions. They show that a transaction happened, but they do not explai...
03/09/2026

Bank statements alone do not substantiate your deductions. They show that a transaction happened, but they do not explain the business purpose behind it.

Here is what proper documentation actually looks like:

- Mileage logs with the date, destination, business purpose, and miles driven

- Asset purchase records showing the invoice, in service date, and business use percentage

- Payroll reports, filed tax forms, and proof that payments were made

- Meal receipts that show the date, total, and clear business purpose

- Home office records that prove exclusive use and accurate square footage

Clean books are step one. Solid documentation is step two.

Follow for more reminders and tax tips to make running your business easier.













Don’t forget to spring forward.Ready for longer days and brighter evenings?Are you ready for the time change...or do you...
03/08/2026

Don’t forget to spring forward.

Ready for longer days and brighter evenings?

Are you ready for the time change...or do you wish this DST spiel would stop?













Address

Richfield, WI
53076

Telephone

+12622462665

Website

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