Episode 68: Kasi Taylor Helps Business Owners Get Mortgage-Ready With Clean Books

0:00 Interested in making business less stressful for yourself. If you are a business owner and you're wondering about profit and loss statements and what it might take to get mortgage ready, I've got a podcast tailored just for you. Today we're talking to Kasi, the Boring Bookkeeper. Hey, I'm Nate Carver and welcome to Between Two Doors.

0:41 Hi, Kasi. How are you? I'm good. How are you? I'm doing great. This is timely. I, as a mortgage lender, I, you know, I do get self-employed borrowers, and, you know, they've grown in their business and they're tired of renting, and, they come to me and they, you know, they say, hey, we want to own our own home. And I'm like, great, let's do it. And then and then and then we uncover things and, you know, I don't expect them to know they've got families and they have a business to build. And so, I think this will be a neat opportunity for us to uncover, unpack all of that and see what we can do to set up, business owners for success when it comes to, for them to pursue their first home or their next home.

1:33 So I'm excited. Nice. Okay, so let's, let's say a little bit about you, just kind of establish a baseline here, and then we'll we'll dive into it. Tell me about your past. How did you get into bookkeeping? Yeah. So I was a teacher for eight years. Originally, I taught fourth grade, and at the time had just a daughter. Towards the end of my eighth year, I had my son, my second child, and I knew that I needed some change. Something to, have a little less stress in the evenings and be able to spend that quality time with my family.

2:17 So I resigned and I started a home daycare to be surrounded with my kids, my nephew, and get to be with them more. But as I was running that business, you quickly learn, all of the, the needs and the necessities in there. It's not just about getting the payments. It's about what you are doing to set yourself up in the future for success. And then, you know, every year, tax season comes back around and you have to be ready for it. So throughout the process, teacher to, business owner taught me that, I really love the organization, the problem solving, helping people succeed.

3:02 There's still teaching in there, but, just doing it in a different way and setting up the numbers for success. What's something, when you transition from teacher to, to owning your own daycare, is there, like, one thing that stands out that you wish you knew right off? Definitely. To separate your expenses right at the beginning. You have your personal expenses, having a separate bank account for everything business related from day one makes it way easier. There's less that you have to scour all of your personal bank accounts for. And then just, you know, starting little by little.

3:45 It doesn't have to be. Everything has to be perfect right off the bat. But tracking and keeping those receipts, knowing what you've spent on the business as it's grown and got started saves you headache later on from digging and trying to remember everything. When you're going through the struggle of getting it all set up. So is that what did that lead you into bookkeeping? It did, in a sense, of getting it set up, seeing seeing that process, but then also knowing when it came time to do my taxes and looking at it and saying, okay, now I have to go find everything. I have to get myself organized on this.

4:27 Since kind of learning through the process of it's so much easier to do it as you go instead of one big lump sum at the end. And then as I started talking to people, you know, it is a puzzle. It's a problem solving, organizing it, setting it up for success, and looking at it each month. So, I kind of had to do a little cleanup on my own business at the beginning and realize this is enjoyable. I like looking at this piece of it and organizing it and seeing how it fits and where it goes. So from there was when I started the bookkeeping business, I had both of them running at the same time.

5:07 For about a year while I was growing the bookkeeping side and really, truly enjoyed that problem solving piece of it. Well. All right. Tell me the name Boring Bookkeeper. Yes. Boring Bookkeeping? Yeah. When you talk to people, and ask them if they've done their books, usually the response is, nope. It's at the bottom of my list. I'll get to it eventually. And that response is usually because they hate doing it. It is boring. It's not entertaining to them. And hopefully your your bookkeeping is boring. It should be boring if it's, fills you with anxiety or there's something exciting happening in your books, it means something's not aligning, and you got to dig deeper to figure it out.

5:57 Yeah, but once it's solved and consistent, the books are kind of boring to look at, unless you really like numbers in the organization of it. So for most business owners, the response was, I can't look at my numbers. I fall asleep doing. You know, when I, when I write checks or whatever, I'm in, I get the receipts, I, I remember that. I never know. I probably know, I don't know, I tell myself that, you know, and I just move on, and next thing I know, I've lost that receipt. Yeah, I can relate. My mind tends to glaze over whenever it comes to this stuff, so, which is why I'm happy to have met you.

6:41 Whenever, are you seeing some common mistakes? When it comes to businesses in the books, like, you know, biggest bookkeeping mistakes that you see? Yeah. The biggest bookkeeping mistake is not having the separate business account from your personal or to still use your business and have a bunch of personal transactions in there that you're having to move each month. And that's, it's something that you want as few personal expenses mixed into your business bank accounts as possible.

7:21 Because the more you're sending money back and forth, little here, little there, it just kind of raises a red flag of why is the money moving back and forth so much? Why is there so much personal on their business account or. Yeah, you're always having to add entries of we have all these business expenses on personal and all these personal over here. And it's so much smoother if everything is fully separate. You can set up payroll, you can set up draws to pay yourself. So that personal is all paid through the personal. And business is only business. Right. One of the big ones that I see on the lending side, whenever I'm putting mortgages together for, business owners is, their auto payment, truck payment, car payment.

8:11 They got a vehicle that's part that's used in their business and they don't know right off. They don't know this. But if you have 12 consecutive months of that vehicle being paid from the business account, the lender does not have to count that car payment against your income, which, you know, let's say it's a service truck. I mean, that's you're looking at somewhere close to $1,000 a month. Yeah. But I as a lender, I can add back to your income, which drives down their debt to income ratio, and it frees up monthly income that can be counted towards their housing expense.

8:59 Huge win. And even if they're doing it because they are, maybe they got their books 100% and they're, you know. Oh yeah, my bank, my business account pays for my vehicle. That is fantastic. Then I get this. Oh that's wonderful. We don't get that. We don't have to count that against your income. They don't necessarily know that. And so they're super excited about that. I mean $1,000 is a big chunk. Big difference in you know, I mean, that's the difference between qualifying for $200,000 home and a $500,000 home. It really is that significant in a monthly payment. So yeah, that's a big one.

9:39 That's one of the big ones I'm always looking out for. So but there's others you know you know there's plenty of others too. But that's the biggest, biggest ticket item I usually see. So so why do you, or why do so many entrepreneurs avoid looking at the numbers? I think it's a couple of things. It is either, one, because they see it as a huge expense. They think it's going to be expensive to get their numbers up to date if they're hiring somebody to do it. Which is not necessarily the case. The longer you wait, the more expensive it's going to be, because then you have a whole bunch you're digging through. Yeah.

10:19 The other reason people are usually waiting are because they think, well, I'm going to get to it later. That's on my list. I'm going to get to my to do list has to be done by this point. But then, you know, other emergencies or other tasks and their business pop up or things that they just enjoy more, get pushed above it. And then, you know, now one thing they said, I'll do it next week, then it turns into next month and now it's taxes are due. I've already extended their this is the final deadline. I have to get it done. So just, convincing people that it's better to start it sooner than later.

11:01 Even something done imperfectly is better than trying to be perfect right up at the beginning. How often do you like to review, the financials with them? I like to look at them every month with a client. When we're doing a cleanup, we'll kind of work for a month or two to get everything cleaned up. We'll have the big initial meeting to review, make sure everything is looking correct. Make sure they like how we have it categorized. If they have their own CPA. I love to meet with their CPA to make sure that if there's any specifics that the CPA needs, we're following that as well, right up at the beginning.

11:43 But once it's set up and we're working on it monthly, I like to meet with them monthly just to say, here's where your numbers are. Here's what it's looking like. Here's the growth that we're seeing. And it also helps catch things faster. Maybe their card has been cloned. There's fraudulent transactions that they didn't notice because it could be a small amount. And it's just oh, well, that's another expense that popped up. But if we're looking at it monthly and going through, we'll be able to say this is a new expense. We don't normally see this. Was this really you can catch it and they can, take it with their bank and then make sure they get everything set up that they need to.

12:23 And that's great that you mentioned that I have a client that he's he has told me he'd have no idea. I mean, there's so much the, the churning of of income coming in and going out on expenses. He's like, without my CPA, I would know. I just wouldn't know, you know, you know. So there you go. Once, once you're set up and you're moving forward with the client, those meetings are they are they like 15, 20, 30 minutes long or something like that usually or. Yeah, I've had meetings, as short as 15 minutes. We just kind of do a quick review. They're like, oh yeah, looks good. And then I've had some that, you know, even that monthly meeting might be 45 minutes long.

13:05 It depends on how many questions that the client comes up with. If they have new things, maybe, that month they got a new loan and we have some new documents and things that we got to get set up in there to make sure it's set up properly from the beginning. But once we're running smoothly and we have those reports ready each month, 15 minutes is usually all it takes for a quick review. Okay. Any any warning signs that they might be falling behind with you or. Okay. So the biggest thing that I see when somebody I can tell when they're overwhelmed is as we're working through it, we start getting less responses. And that might be, hey, I just need these statements to finalize everything.

13:49 Or, in their accounting software, your bank accounts disconnected, and now all the transactions aren't populating, so I can't help you stay caught up. But if if the business owner is overwhelmed and busy, they might not have the time to take to sit and, you know, do a 15 minute meeting to get those things caught up. So having the ability to, bank accounts, most of them will allow you a view-only user so I can have my own login. All I can do is look at your statements. I'm not paying anybody. I'm not touching the money. But I can help get those reconnected in QuickBooks. Make sure nothing is falling behind and not having to bother. Hey, I'm reconnecting your bank accounts again.

14:31 I need your help. Okay. And it helps. Keeps it running smoother. All right. When. When should someone hire a bookkeeper? Yeah, as soon as, having to work on their books is taking away from the money making opportunities. If your calendar is full of sales meetings, you're running out of time to look at the books. Yeah. It's also great for people just starting a business, because they may not know all of the different types of, deductions and claims that they can use all of the expenses that do count as business expenses.

15:12 We can help get those set up from the beginning, so that they're not digging through their statements later on to find how much they spent. Right. Are you looking for like, is there a revenue threshold or is it just it's. No, there's really not a revenue threshold. Then people, if they're just starting their business and they only have maybe two clients, it might not be worth it to have a bookkeeper yet. At least monthly. I think having a bookkeeper look at it quarterly help you set it up at the beginning. That's a great way to not have to pay monthly, because you're just getting set up. You're just getting sales coming in the door, but, you know, it's set up right at the beginning.

15:57 And even some we can do training at the beginning. But when you're really having to juggle. Okay, now I'm paying employees, I'm paying 1099 contractors. Is it set up correctly so that when January first hits and 1099s have to go out? Do you know those numbers? Do you know who these contractors are? Were they tracked properly? If you're having to juggle all of that, you definitely need a bookkeeper. Yeah. Are you seeing, are you able to actually show them where you're saving them money? Let's see if they're budget conscious. I mean, on one hand, they're going, "Oh, that's another bill."

16:38 I got it right. I know, check, but on the other hand, I mean, I would imagine there's an opportunity there to really help guide their, their expenses. Yeah, there's definitely different things that we'll look at. Especially if I see they're paying for maybe a software every month and it's slowly increasing, increasing, increasing thing. It might be a small increase, but from the beginning of the year till now they've increased you every month for this software. Let's look at what is this software doing for you. And is there another option that could save you money outside of that on, payment processing?

17:20 That's a big one that usually costs people more money than they realize just on how you're taking payments. And we can really, you know, separate it very clearly in their P&L of here's how much you brought in sales, here's how much of that went to just running those invoices, and looking at other options and connections to, other merchant providers to really see how you can save money in that one aspect. Right. You know, subscriptions to of course, I'm going to have this on my phone for my personal stuff. There's all these subscriptions, I guarantee I forget about them.

18:02 A year later I'm paying Verizon. What is this? And I haven't used it. I can think of Netflix is a good one. I use that seasonally, depending on what it shows out, and then I'll forget about it and I'll get billed for it. And I'm like, I didn't even. Know. Yeah. But on the business side, I, you know, I, I will, I will go and sample a bunch of software and there will be some small print auto renewal thing. I will have moved on and won't notice it, until, till tax season. So, but it is also one the reason why I reached out to you.

18:43 So, so we're gonna we're gonna I'm going to learn and apply that to my life as well. It's, are you seeing any kind of, like, ROI, return on investment, for having a bookkeeper or having organized books? Yeah, I think, you know, there's different levels of what a bookkeeper can do for you. I have people coming to me when they said, I'm filing my taxes and looking at my QuickBooks, it looks like my sales are doubled. I'm going to have to pay an immense number in taxes, but I don't think that's true.

19:24 And so I've had to go and clean up and look and realized in their QuickBooks it was marking their invoices as a sale. And then when that payment came into the bank, it marked that as a separate sale instead of matching them together. So it was duplicating everything. And if they did not reach out and they just said, well, this is what QuickBooks says, this must be what I made. They would have been saying that they made twice as much as they really made, and would have had to pay a whole lot more in taxes. Yeah. So knowing that you can look at it there, outside of it, the other piece is, if you have a bookkeeper that's helping you run the invoices, pay your vendors, do all of that, they can help set up a plan, to get it organized where, you know what that cash flow looks like each week?

20:22 If you're running, invoices, paying, employees each week, you can say, here's where your cash flow is, here's what money is coming into the bank. Here's what I'm expecting this week, based on all the invoices that have been sent out, marked as paid, here's what you'll be sending out and kind of really managing that money so it doesn't come back. That payroll bounced or all of a sudden they need to purchase something and that money isn't there. Right. So I talked to a lot of realtors, on the podcast. And What are there some bookkeeping, bookkeeping, things especially related or that would be especially important to realtors?

21:07 Realtors have a lot of marketing materials that go into the beginning of listing a house, reaching out, find that customer clientele, that they really want to track every piece of that. And I think it's definitely easy to drop, or forget. Oh, I spent this, on new signs, or I had to get this made. They might not recognize that all of these big expenses went into one house. And if we're not looking at it from the sale of that individual house, they they could be losing money in the end if they're spending way too much on getting that house set up before the sale.

21:49 So I definitely think it's worth looking at and seeing, kind of tracking all the marketing that goes into each individual sale separately so that you can see what percentage of this are you spending on marketing materials and the costs associated with selling that house? Right. Wow. Are you seeing any major mistakes that kind of stand out, with realtors? Not knowing that many of your other expenses that could be seen as personal, like, until I get a new business suit can be listed under business expenses because you are purchasing that outfit, that uniform to wear when you're presenting yourself, in a business, professional attire could even be, haircuts and different things.

22:50 CPAs will give, their final say on what they're counting as those business expenses. But I like to look at all of that. If you are presenting yourself, you have a specific way. Realtors definitely do. They like to look nice, and have a best foot forward when they're meeting with clients. And many of those expenses can be listed as business expenses. Interest. You show up in a tuxedo? Yeah. I don't know. Put it on there. Oh, well, I just did a podcast. It's going to get published probably next week. Here's the guy's, his whole branding is is Harley-Davidson, and he owns Harley-Davidson, and he shows up to all of his business on that.

23:37 Harley just had a wasp fly by. Anyway, and so there you go. That, you know, I could see, obviously the vehicle, the motorcycle, you know, the helmet, you know, the helmet, the, the chaps, every there's a there's a lot that could go into that. I wonder if he's doing. Yeah. I'm not. I'm going to send this to him. Let him be entertained by that. Yeah. Wow. Yeah. So, let's see. So they're all commission based professionals. So, Any, any habits that they could establish that early on that would help you?

24:24 I think that open communication is best, because as I look through things, as I'm categorizing, definitely at the beginning of getting to know a new business and a new owner and how they work and how they, go about their day with their expenses. I have a lot of questions up front of what you're spending it on, how it helps the business, and what it goes towards that if we can get all of those big questions answered early on, then I pretty much get a feel. And then as the months go on, the questions are less and less because most of those expenses are expected. And I, I can see, okay, this is this type of expense because here's what they've spent in the past and it's similar to that.

25:10 Here's what they're using it on. And then we'll just review it during our meeting over the month of here's what I've categorized. That might be something new, but I could kind of tell what you're purchasing that for. In the odds that if we keep it up-to-date monthly, it's easier to remember what those expenses are. Like. You said, you'll lose receipts. You'll tell yourself, I'm going to remember this, and then you don't later on. If you wait until the end of the year, you're definitely not going to remember what that $100, $50, $200 might have been for. But if it's in the same month, most likely you're going to. Yes, I was meeting this client on this day. We had lunch. Here's what that was for.

25:50 Right. All right, let's shift gears a little bit. Talk about, the mortgage angle. Why do clean books help when it comes to mortgages? Yeah. If your books are messy, it's going to delay everything. There's more questions that pop up. There's more things that have to be dug into. It takes a little bit longer. If you have clean books, then the questions are going to be less. They're just looking at here's what it is. Here's what we can expect. The documentation of it gets a little bit quicker and income can be verified.

26:31 Easier if it's messy. There's there's more digging, more questions, sorting it out and kind of figuring where is everything? Yeah, that car payment, it's always top of mind. I mean, that's the biggest one usually. But the fact is, I mean, even, you know, there's a couple other line items that are, you know, as a lender, I'm looking at it and say, well, where can we add money back, to lower their debt-to-income ratio? So we're I'm always looking at that. If the books are clean and it's all laid out in front of me, I can put a loan together in about 48 hours on self-employed. And, if it's not, well, then it leaves room.

27:13 It's going to take longer. Sometimes a lot longer. I go from 48 hours to two weeks, so. Yeah. Yeah. I mean, we're looking if it's close, right? It's a, you know, trying to qualify, for a specific amount. And, if there's an opportunity to, to add back, income, I definitely want to get that done. And so, because it just helps the borrower out, helps them out in their residual income, the risk analysis from the lender, which what that translates, what that means to the borrower, the future homeowner, is that a lower interest payment, a lower cost loan, lower closing costs.

27:56 So those are those big things that really hit the pocketbook. So, I really am working to help them hang on to their money. Yeah, I know that's hard to come by, so I want to help them. Hey. Good. So, what can a business owner do today to improve their chances of qualifying for a loan? Okay, the big thing is you don't want to have where everything is or right off. Especially if they're self-employed. If you're having it where everything is deductible, business expense, it saves on your taxes, but then you're not showing that profit, which is needed at the end of the day for those loans.

28:43 So you definitely have to work with your bookkeeper and with your CPA to figure out what is the right balance, what's going to help, on the lending side and save you on the tax side. Because you're looking at more than just I don't want to pay anything in taxes, but then you wouldn't qualify because there's no profit left. Yeah. If if they're doing if they're keeping their personal and their business finances separate business credit cards, personal credit card separate, sometimes they don't sometimes charge I do it, charge it on the wrong card.

29:24 It's done so right. Great. You'll see that. And sorry. You'll see that on online. But is I think is there. There's some big ticket items they can do in preparation for getting a mortgage. Are you, have you heard through the industry and what's your experience that they're things that they can avoid? I have some things in mind, too, if I wanted to hear from you. I'm not sure. Off the top of my head, I do know that I had a client that was using their, financial documents, their P&L and balance sheet to qualify for a mortgage loan.

30:06 And we had it clean, organized. So they really didn't have any questions. At the end of the day, it was just me verifying these are set up. These are good to go. The information that's on here is accurate. It's true. And then I just had to sign my name on it. And they were able to take that and use that. On the, the lending side. No, but I love to hear your big ticket items to look for our. All right, number one credit cards, whether it's the business card or their personal account or, personal cards, or if there are intermingled, that balance. So I always tell people, look at your credit card statement, there's two dates, there's the due date, and then there's a report date.

30:53 That due date is when your bills do they after that or whatever after the grace period it's going to get reported as late pays, slow pay, missed payment right on the credit report. So that's going to ding their scores. They can pay it on time. And that's great. You know they you know good credit payment history. The thing I like to for the ask them to look out for is the, the balance, the credit limit, and usage. So that's when that report date becomes, real important because whatever the balance is on that report date is, is when Mastercard or Visa, whoever it is, is going to report to the credit bureaus the balance on that card.

31:45 And this happens to me, I have one card that you use for travel and I will run it up. Flights, Ubers, food, hotel. All the other things that go on with the convention and or conference and that card will, I'll run it up and The balance on, I'll hit, I'll go over 50% of the limit and I'll, I know when the report date is. So I will go in and write a check and pay it below, below 30%, if you will, of the limit or down. I try not to keep a balance of, you know, pay it off, right.

32:25 Or pay it down to whatever something menial. And then the report date happens, whatever that new balance is, let's say it's 100 bucks. The credit bureaus are not. They have no idea that you just spent $5,000 on a trip. I just see that your balance on the report date on your $5,000 limit is 100 bucks. So they're going to get an on time payment. They're going to get responsible usage. And obviously, additional history, that reflect reflect greatly on your scores. Whereas if you go run up a business card or personal card, and it shows that on that report date, you're going to lose 40, maybe 80 points, depending on how bad you ran it up.

33:20 And that's going to just going to cause a major swing in your credit scores, your Fico score for housing. That's that's the big one. If I in talking with, well, anybody but business owners specifically about those credit scores, and those, those account balances. So what is your what are you trending? Oftentimes they tell me, oh, I pay it off every month. I say, great, let's look at those two dates and see what we can do to adjust. Because if we have time, it does, you know, once they get 2 or 3 months of that kind of history, now that they know, it'll, it'll run their scores up a lot.

34:03 And so which translates into significant savings for the borrower. That's why number one, that's my that's my soapbox. It'll all die on that. So, how are you in business growth? What does what does a bookkeeper do that helps a home homeowners or help business owners sleep better? Ooh. Okay. So, knowing where the numbers are, not just knowing what's in the bank account at the end of the day, because the bank account is going to go up and down with each expense. But knowing what that means in the full view of your company, you might have money sitting in the bank account, but you could still be net negative on your, profit and loss on your balance sheet.

34:53 If, you have more expenses than you have income coming in. Just because the money is there doesn't mean you're growing and building your business and making profit every month. So really, knowing what that looks like, knowing what to expect each month, once you are in the habit of looking at those numbers, and not only looking at your numbers, but looking at your accounts receivable summary. Do you have invoices that are sitting there for months, over months? Maybe there's a certain client that always takes three months to pay an invoice. Knowing when those are sitting there, when to start reaching out, to have somebody help you start reaching out to send things to collections, and not have a massive amount.

35:42 Sitting in your accounts receivable can help. But knowing that there's time saved off of your day, the business owner is not the one that has to go track all of this. Figure it out. They look at the final completed report to see what do they need to do next. All right. What's biggest what's the difference between a bookkeeper and an accountant? So a bookkeeper is working on, categorizing the books, kind of, seeing what is there. It's what you've already spent. The accountant is taking it.

36:23 The next step of figuring out is, are you in compliance with everything? We're analyzing those numbers, seeing if there's a strategy to put in place. And the CPA is helping you with, filing your taxes, making sure you're following those laws. If you think of it like building a house, the bookkeeping is just the foundation. It's getting it set up, making sure that you have a strong base. The accountant is starting to analyze, build the walls, and then the CPA is the final touch of putting everything together. It's now a livable house.

37:03 All right, so we're building a foundation first. What is the one financial advice that you give an entrepreneur? Make sure it's separated from the beginning. You have some way to track your expenses. Any type of accounting software can help. If you have it set up at the beginning, then you're not digging, finding, splitting everything up. It's there. It's collecting the data. It just has to be organized a little bit. Okay. You ready for some rapid fire questions?

37:45 Absolutely. We got a little bit lagging okay. All right. So let's do this. This help people get to know you. Because outside of bookkeeping, you're not boring for sure. So. All right, big one for me. Coffee or tea? Coffee all day long. All right. Yeah. It's never too hot for a cup of coffee now. So, early bird or night owl? I'm a night owl. All right. Favorite. Your. What's your favorite app for businesses? I have two, QuickBooks online for tracking those expenses, doing all of the bookkeeping.

38:30 The other one is my CRM go high level for, keeping track of the calls, communicating with clients in all of my notes. Okay. All right, so how about, talking about notes, digital or paper? I go back and forth. I'm trying to have everything digital so I can access it anywhere, talk with a client exactly where they're at, no matter where I am. But I'm also just a paper person and love paper and pen. Yeah. Same here. I went and got, I have a notable.

39:11 It's a digital note keeper. Paper. Fantastic. When I remember to use it. But I also have my legal pad, which is everything that's like, you know. Yeah, I got them both. But really, like, my notebook. I just. So, Let's see. Let's. One thing people don't know about you. I live in Denison, so I'm, like, ten minutes from the Oklahoma line that. Yep. Somebody every time I'm talking about where I'm located, because I am have accidentally driven into Oklahoma many times.

40:10 Do you get, you you had to take vacations. You got a favorite vacation spot? I love going to beach areas, but I don't really like the sand or being in the the ocean, but I like being in the beach, the tropical area, being around water. I just don't want to be in the sand. Fair enough. No sand. All right. Do you? When it comes to your business, is there a book that you would recommend an entrepreneur or business owner to own or to read?

40:58 Yeah. Sticking with the theme of bookkeeping, Profit First is a great one. It talks about different types of bank accounts and how to split it up to easily track, expenses savings, having a separate account of savings just towards taxes. So profit first is a great one. If you want to know more about the numbers and how to organize it. Alright. Last, we're almost we're almost out of time.

41:39 So I wanted to make sure I had everything covered as or as much as possible in this, in this podcast, final piece of advice you might give somebody that's, maybe feeling a little overwhelmed in their business financials. Yeah. So, your bank account tells you how much cash you have in it, but it is not the end all be all what you should use to make financial decisions. If you're overwhelmed, have somebody help you, whether it's training, setting it up so that it's easier for you to use, or just giving you advice, you don't have to do everything yourself. That's the best part about being a business owner, bringing in the advice from other people that can help ease your anxiety in all of those areas.

42:28 All right, tell me, what is the best way somebody Realtors, entrepreneurs, Self-employed. They're looking for a bookkeeper. What's the best way they can get ahold of you? Yeah, you can definitely, contact me at boringbookkeeping.com. I have a chat widget on there where it starts a text conversation between us. There's a contact form. I am on Facebook and LinkedIn as well. Or you can always give me a call. All right. I'll put the links down below. Wherever you're consuming this podcast, those links will be there.

43:09 Kasi, thank you very much. The Boring Bookkeeper. Absolutely. Get that right. The company's Boring Bookkeeping. But I will say. And the Boring Bookkeeper. But, and I see I messed it up, so. All right, I'm gonna make sure it's right in the algorithm. So, maybe I'm going to edit this part. Also, I present myself as perfect. Right? It's all good. Well, there you have it. Kasi, thank you very much. See, I'm getting flustered today, so, that's going to be it for this episode of Between Two Doors.

43:51 And thank you very much for being a guest. Thank you. This is my first podcast. Well, there you go. We'll come back, do some highlights along the way. Things change. You know the rules. You know, who knows? You know, whatever comes out of government, state, local, federal, if any of that changes will, we'll hop on and do an update. Perfect. Sounds good.