Category: Auditing Tips

Receiving timely payments is vital in keeping a solid business. When you are a startup owner, money is crucial. You don’t want to mess it up as it can disrupt your business operations. Sending invoices and getting paid might be straightforward but many people commit mistakes that lead to delays. Not having a steady flow…

Why do you need a bookkeeper for your business? There are many functions of a bookkeeper and they are vital in keeping your business organized. From recording financial records, producing invoices, preparing for tax, to managing day-to-day activities, a bookkeeper is someone you can rely on.   Below is a list of the roles of…

The digital world is changing how businesses approach day to day operations. Bookkeeping is vital in business growth and success. Without having visibility of the numbers and data, a business will likely fail. Most business owners are not professional bookkeepers themselves. Attempting to do bookkeeping without extensive knowledge can cause costly mistakes affecting the profitability…

Without the knowledge of proper accounting procedures, mistakes will happen. Many business owners fail to keep accurate records and this can affect business financial information and operations. Even if you have an experienced bookkeeper in place, it is not a guarantee that mistakes will not be committed.  Here are the most common bookkeeping mistakes that…