Accounting Basics for a Freelancer

Step 2 - You need to know who owes you money.
You need to know who is past due, who is paid up. Some of these invoicing apps allow for due date tracking. Or you can use a calendar app (gcal, ical etc) to do that.

Let me add my #1 tip: Get QuickBooks as it will save you so much time and make things so much easier. It will also lower the cost of an accountant at the end of the year since your books are in a format they are comfortable with. I used to track expenses and invoice by hand. Man that was a mistake. Quickbooks has made it so much easier.

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