Recover - 2 – Recordkeeping
Recordkeeping is always important, but current factors - like loan forgiveness - make it that much more important to stay on top of. Begin by reviewing the questions below and then the topic-specific resources.
- Have you considered what accounting system you are going to use to continue to keep your financial records up-to-date? Do you need to upgrade to QuickBooks or a similar platform?
- If you have accepted either a grant or forgivable loan funding, do you have a full understanding of the documentation and reporting guidelines?
- Do you have an offsite back-up of all of your records and important documents/information?
Resources
SBA – Record Keeping for a Small BusinessNY SBDC Webinar – Budget & Recordkeeping
Apr. 13, 2020