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Showing posts from October, 2019
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Accounting and bookkeeping are vital parts of a business. They help keep track of the financial health of your business, which is essential in helping you make wise business decisions. As a business owner, I can tell you that proper accounting and bookkeeping can make or break your business. It should be a top priority for all companies –no matter the size. Don’t fret if you have no idea how to do it though . To support the numerous SME’s, we’ve compiled a list of 5 accounting pointers to encourage you to keep an eye on your numbers throughout the year. Here are some tips to help you out: 1. Seek professional advice: Talk to a certified bookkeeper or licensed accountant. Ask for advice not just about the things you need to record, but how to do so correctly. 2. Keep track of expenses and revenues Keep a record of all business income and expenses, if not electronically at least a general file containing all invoices, cos...