Bookkeepers as business partners

A Bookkeeper is a fantastic business asset who does keep your financial data in a good state of health, giving you accurate and live information on how you business is doing and (using various management reporting) giving you an insight into where you want your business to go.

Very important stuff – but is that all?

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Top Ten Bookkeeping Tips

Bookkeeper Bill’s top tips for keeping bookkeeping costs down.

  1. The easiest way to start getting your books in order is to get two boxes.
  2. One will be for every penny you pay out and one for every penny you get in.
  3. Keep a stapler handy to attach wee notes to the receipts / invoices that are not clear what they are for.
  4. Keep a log book for mileage that is business related only.
  5. Keep a separate business bank account – makes reconciliation faster, easier and accurate.
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