​Starting your own business is exciting.

 

You could be doing it for any number of reasons and there will be 101 things to sort out. In the rush to get off the ground, bookkeeping often gets relegated to the bottom of the start-up to-do list. For many new business owners, the main reason is there are always seemingly more important issues to consider.

 

You’ll probably be able to guess the first mistake start-ups commonly make when it comes to keeping financial records:

 

• Not doing any – until it’s too late

• Not using software

• Not having a separate bank account

• Not filing bank statements in order

• Not having a filing system for purchase invoices

• Not paying by card or transfer

• Not numbering sales invoices sequentially

• Not being organised and up to date

• Not retaining purchase receipts

• Not having separate office space

 

 

 

We offer cost effective Bookkeeping services to all small and medium size firms.  Our friendly staff will assist in the daily bookkeeping functions that gets in the way of running your business.