Why is bookkeeping so important? скачать в хорошем качестве

Why is bookkeeping so important?

We often refer to your bookkeeping as the foundations for your financials. Therefore just like a house needs foundations to build on, it is crucial that your bookkeeping is up to date and is accurate. Good bookkeeping records will give you reliable and meaningful information enabling you to understand your business and make the decisions you need to. It will help you to know where you are in relation to your goals – how do you know how far you need to go if you don’t know where you are right now? And finally, good bookkeeping records will also mean that things like cash flow forecasting and credit control (and more!) can be carried out. For example, we certainly can’t chase for money when we don’t know what is and isn’t paid! To put it basically, without good bookkeeping nothing else can be done. If you’re thinking of doing your bookkeeping yourself here are some things to consider and watch out for. Read the full blog here: https://pinkpigfinancials.co.uk/2021/...