Bookkeeping -The job you love to hate……..But…..

It’s Important!

piggie bank on a stack of booksIt’s a legal requirement to keep a record of business income and expenditure, but apart from that, keeping good records is an important part of running your business. If you are not in control of your finances then it can reflect on the rest of your business.

It doesn’t have to be difficult!

There are many different ways to keep business records and you need to choose the method that is right for you.

Choose from the following methods:

  • Diary and envelopes for receipts
  • Excel spreadsheets
  • Manual cash book
  • Online bookkeeping
  • Sage or similar accounts package

Ask for advice about the different systems around.

 

 

Save yourself time!

You can be as involved with record keeping as you want to be, and its often not high on your list of priorities when you would rather be spending time on other matters in your business. Ask a professional bookkeeper to provide assistance with some or all of the work.

 

Get Expert Advice!

Bookkeeping is not just about recording the amounts of income and expenditure. Its accounting for it correctly that matters. Mistakes are easily made or you can fall foul of the law without knowing.

 

Ask an expert to keep your records for you, or ask for a review at the end of each period.