5 Biggest Bookkeeping Mistakes Health & Wellness Pros Make in Year 2

Feb 12

By your second year, you’re likely seeing more clients, offering more services, and generating more income — but outdated financial habits can hold you back.

Here are the most common mistakes to avoid:

1. Mixing Personal and Business Finances

Using one account for everything leads to confusion and missed deductions.
✅ Open a dedicated business account to keep your finances clean and tax-ready.

2. Inconsistent Tracking of Client Payments

Whether you offer memberships, class passes, or 1:1 sessions, messy payment tracking = revenue leakage.
✅ Use QuickBooks to automate and organize your income streams.

3. Not Categorizing Expenses Correctly

Supplements, equipment, studio rent — if it’s not categorized right, you may be missing tax deductions.
✅ Keep digital receipts and regularly update your expense categories in QBO.

4. Skipping Monthly Bookkeeping Reviews

Your numbers reveal your business health — but only if you’re checking them.
✅ Review your P&L and cash flow monthly to make smart decisions.

5. Trying to Do It All Alone

You guide your clients toward wellness — now it’s time to get financial support too.
✅ Bookkeeping doesn’t have to be DIY. Delegate to a pro and free up your energy.

📞 Book a Free Call

Talk to Dr. Bryan Raya, QuickBooks ProAdvisor, for personalized support:
👉 https://calendly.com/dbr_bookkeeping/book-a-free-call-with-dbr

Let’s start Doing Business Right.
#HealthAndWellnessBusiness #BookkeepingTips #QuickBooksHelp #DBRBookkeeping #DoingBusinessRight

Bryan Raya