If you own a business, it is crucial to be organized and maintain detailed business records.
Detailed business records are needed for: a) daily operations; b) filing federal, State and local taxes, and; c) business and tax planning. With busy lives streamlining the process is key. Consider downloading banking and credit card data into accounting software. Bank of America, Chase, and American Express have very good programs for downloading data which expedites data entry and reconciliation.
Use these to your advantage so time is spent analyzing data, rather then entering data.