Bookkeeping Tips for Small Businesses

Bookkeeping Tips for Small Businesses

If you own your own business or are considering such a move, keeping accurate records not only benefits you for tax compliance, but it could also benefit your business. Keeping accurate records may: Reduce your accountancy fees make filling in your tax return more...
Balancing the Books:  Bank vs. Cashbook

Balancing the Books: Bank vs. Cashbook

You will often find that, at any given date, the bank balance according to your cashbook is different to the balance on your bank statement. This is primarily due to the time delay between entering the transaction in the cashbook and the time taken to clear the bank...