I try to make it a rule to do my bookkeeping on a weekly basis. By that I mean statement reconciliations, filing of papers, etc – I do the data entry daily as I complete jobs for clients.
However, sometimes I get behind with the busy-ness of life, and wouldn’t you know it, there are sometimes debits on my statement and I don’t recall the business name or what it was for. I used to have to write ‘miscellaneous’ for the time being until I could remember what it was the amount was or what happened on that day.
I say ‘used to’ because I hit upon a brainwave and perhaps some of you have come across this too? Googling the name that’s showing on my statement! And it’s amazing because often the name showing on my statement is a different name to the actual shop I went into or the service I purchased from online. But often there’s enough info in the Google search to trigger a memory of what it was I bought. Just thought this little hint might help some of you too!