For Small Businesses & E-Commerce Sellers
Use this checklist to stay organized, compliant, and confident in your business finances.
🗂️ MONTHLY BOOKKEEPING BASICS
☐ Separate business and personal expenses
☐ Categorize all income transactions
☐ Categorize all business expenses
☐ Reconcile bank accounts
☐ Reconcile credit card accounts
🧾 INCOME & SALES TRACKING
☐ Confirm all sales are recorded correctly
☐ Reconcile sales platforms (Shopify, Etsy, Amazon, etc.)
☐ Track refunds and chargebacks
☐ Record other income sources
💳 EXPENSE MANAGEMENT
☐ Upload and store receipts
☐ Review recurring subscriptions
☐ Identify deductible expenses
☐ Remove personal charges from business accounts
📊 FINANCIAL REPORTS
☐ Review Profit & Loss statement
☐ Check monthly cash flow
☐ Compare income vs. expenses
☐ Identify trends or red flags
🧮 TAX READINESS
☐ Track estimated tax payments
☐ Set aside money for taxes
☐ Ensure sales tax is recorded properly
☐ Keep records organized for your accountant
🛒 E-COMMERCE SPECIFIC
☐ Record platform fees
☐ Track cost of goods sold (COGS)
☐ Monitor inventory purchases
☐ Reconcile payouts correctly
✨ BONUS TIP
If this checklist feels overwhelming or time-consuming, outsourcing your bookkeeping can save you hours each month—and help you make better financial decisions.
📩 Need Help?
NFILY LLC provides reliable, stress-free bookkeeping services for small businesses and online sellers.
👉 Contact us to get your books handled correctly.
NFILY LLC 