Simple book-keeping (17)


Book-keeping makes your paperwork easier. It provides a system that tells you – and your accountant – exactly what is going on.

Whether you use a manual or computer-based system, the same principles apply. It is worth deciding if you are going to computerise your accounts at an early stage. While a traditional paper-based system will look suitable for many start-ups, the accounting function could soon swallow valuable time as your business starts to grow. If you start with computerised accounts, there will be no need to go through the timeconsuming process of transferring your paperwork onto a computer package.

This briefing covers:

  • How to record business income and payments.
  • How to use your bank statement to check that you have not made any mistakes.
  • Tips for cash businesses such as shops.


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