It Makes Cents, LLC

It Makes Cents, LLC Welcome to It Makes Cents - your go-to accounting and bookkeeping firm. Let us crunch the numbers so you can focus on what you do best!

Reach your financial goals with us by your side!

💰 Profit Isn’t the Same as Cash. Understanding the Difference Can Change Your BusinessOne of the most common misconcepti...
06/18/2026

💰 Profit Isn’t the Same as Cash. Understanding the Difference Can Change Your Business

One of the most common misconceptions among business owners is believing that a profitable business automatically means plenty of money in the bank.

Profit is what’s left after subtracting expenses from revenue on paper.

Cash Flow is the actual money moving in and out of your bank account.

For example, you may show a profit because you’ve completed work and sent invoices, but if those invoices haven’t been paid yet, that cash isn’t available to cover payroll, bills, or operating expenses.

That’s why many businesses can be profitable and still experience cash flow challenges.

Understanding both profit and cash flow helps business owners:
✔️ Make informed financial decisions
✔️ Plan for upcoming expenses
✔️ Avoid cash shortages
✔️ Better prepare for growth

Your financial reports tell a story but only if you know what they’re saying.

📊 We’re Halfway Through the Year!June is the perfect time to review your business finances:✔️ Revenue goals✔️ Expenses✔️...
06/16/2026

📊 We’re Halfway Through the Year!

June is the perfect time to review your business finances:
✔️ Revenue goals
✔️ Expenses
✔️ Profit margins
✔️ Tax savings

A mid-year checkup can help prevent year-end surprises.

📊 Your numbers tell a story… are you reading it? 👀Your financial reports can reveal more than just income and expenses, ...
05/28/2026

📊 Your numbers tell a story… are you reading it? 👀

Your financial reports can reveal more than just income and expenses, they can help you understand the overall health of your business.

Tracking your numbers consistently can help you:
✅ Identify growth opportunities
✅ Spot unnecessary spending
✅ Improve cash flow
✅ Plan for slower seasons
✅ Make more confident business decisions

Bookkeeping isn’t just about staying organized for tax season, it’s about understanding where your business has been and where it’s headed. 📚💡

The better you know your numbers, the better you can plan for success.

📦 Inventory Check-In 📦When was the last time you reviewed your inventory? 👀Old, damaged, slow-moving, or forgotten inven...
05/21/2026

📦 Inventory Check-In 📦

When was the last time you reviewed your inventory? 👀

Old, damaged, slow-moving, or forgotten inventory can quietly affect your profits more than you realize. Regular inventory check-ins can help businesses:

✅ Reduce unnecessary spending
✅ Improve cash flow
✅ Identify best-selling products
✅ Catch inventory shortages early
✅ Keep financial records more accurate

A clean and organized inventory system doesn’t just help operations, it helps you better understand the health of your business. 📊

💳 Accounting Tip of the Month 💳Small monthly subscriptions may not seem like a big deal… until they start adding up. 👀St...
05/14/2026

💳 Accounting Tip of the Month 💳

Small monthly subscriptions may not seem like a big deal… until they start adding up. 👀

Streaming services, unused software, duplicate apps, forgotten memberships, auto-renewals, many businesses are paying for tools they no longer use.

Taking 15–20 minutes each month to review recurring charges can help:✅ Reduce unnecessary expenses✅ Improve cash flow✅ Increase profitability✅ Keep your finances cleaner and more organized

Sometimes saving money in business isn’t about making more, it’s about catching what’s quietly slipping away.

When was the last time you reviewed your monthly subscriptions? 📊

Happy Mother's Day!🌷
05/10/2026

Happy Mother's Day!🌷

🧾 Paper Receipts vs. Digital Receipts 💻Which team are you on? 👀Both options have their pros and cons when it comes to tr...
05/08/2026

🧾 Paper Receipts vs. Digital Receipts 💻
Which team are you on? 👀

Both options have their pros and cons when it comes to tracking business expenses and staying organized!

📄 Paper Receipts
✅ Easy to grab and keep immediately
✅ Helpful as physical backup records
✅ No technology needed

❌ Easy to lose or damage
❌ Ink can fade over time
❌ Can quickly become cluttered and hard to organize

💻 Digital Receipts
✅ Easier to organize and search
✅ Less paper clutter
✅ Great for cloud storage and bookkeeping software

❌ Requires consistent organization
❌ Can get buried in emails/texts
❌ Technology issues can happen without backups

✨ The best system is the one you’ll actually stick with consistently! Whether you prefer paper, digital, or a mix of both, staying organized year-round can make tax season so much smoother.

Which do you prefer, paper or digital receipts? 👇

How often should your books be updated? 📊The short answer… more often than you think.Keeping your books updated monthly ...
04/28/2026

How often should your books be updated? 📊

The short answer… more often than you think.

Keeping your books updated monthly (at minimum) helps you stay on top of your cash flow, catch mistakes early, and make confident business decisions.

Waiting until the end of the year? That usually leads to stress, confusion, and missed opportunities.

Consistent, up-to-date books = a clearer picture of your business. 💡

At It Makes Cents, we help you stay organized, accurate, and ahead—so you’re never guessing where your business stands.

5 Things to Clean Up in Your Business Finances This Month 📊 1. Organize Your Transactions: Make sure all income and expe...
04/22/2026

5 Things to Clean Up in Your Business Finances This Month 📊

1. Organize Your Transactions: Make sure all income and expenses are properly categorized, no more guessing later.
2. Separate Personal & Business Spending: Keep everything running through your business account to avoid confusion and messy books.
3. Catch Up on Bookkeeping: If you’re behind, now’s the time to get everything up to date so you can actually see where you stand.
4. Review Subscriptions & Expenses: Cancel anything you’re not using and trim unnecessary costs.
5. Reconcile Your Accounts: Match your bank and credit card statements to your records to ensure everything is accurate.

You don’t always need more sales to make more money… 💡Sometimes, it’s about making smarter moves behind the scenes.Here ...
04/15/2026

You don’t always need more sales to make more money… 💡

Sometimes, it’s about making smarter moves behind the scenes.

Here are 3 ways to increase profit without increasing sales:

1. Cut Unnecessary Expenses 💸
Review subscriptions, software, vendor costs, and recurring charges. Most businesses are overspending in areas they don’t even realize. Trimming just 5–10% can significantly boost profit.

2. Improve Pricing Strategy 📈
Even a small price adjustment or restructuring packages/services can increase margins without losing customers. It’s not about charging more—it’s about charging correctly.

3. Increase Efficiency ⚙️
Streamline processes, reduce wasted time, and improve systems. When your operations run smoother, you lower costs and keep more of what you earn.
Profit isn’t just about bringing more in… it’s about keeping more of what you already earn. 📊

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Midland, TX

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Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

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