Bookkeeping Tips

Keeping good financial records is essential for the success of your business. The numbers in your bank account measure your business and here are some key bookkeeping tips that successful businesses practice regularly. By adopting good bookkeeping habits from the beginning will help ensure that mistakes are minimised and costly errors avoided. These bookkeeping tips Read More

Difference between Bookkeeping and Accounting

What is the difference between bookkeeping and accounting? All businesses will use both bookkeeping and accounting to produce financial reports. Depending on your time and ability will depend if you need to hire a bookkeeper or accountant. Bookkeeping is the process of recording the transactions of the business. It may include posting sales and purchase Read More

Bookkeeping Basics Tips for Business

Here are some simple bookkeeping basics tips for your business. Putting some simple procedures in place can assist you business, rather than trying to complete all your accounts at the last minute. Complete all your bookkeeping on a regular basis. This may mean putting an hour or two aside each week to update your records. Read More