BizSugar.com › Finance › One Simple Step to Help Streamline your Self Employed Finances

If you are self employed or a small business owner, you have probably discovered that keeping track of your accounting and finances can be time consuming and occasionally frustrating. Unless you are an accountant, you’re never really sure if you are doing things correctly. Consequently, you procrastinate, which really just makes things worse at year end or tax time. To combat the problem it is important to have tools in place to facilitate the process and make it less painful, which could include accounting software and/or a bookkeeper as well as a good organization system for your documents, whether it is electronic or paper format. Another very simple measure that you can take is to have a separate bank account for your business.