Businesses are required by law to keep accurate records of financial transactions ("the books"). This includes recording transactions such as sales, purchases, receipts and payments, what is owed and owing and what's in the bank, in an organised and accurate manner.
Having good accounting records can help businesses or individuals keep track of their financial transactions, monitor their cash flow, and ensure that they are complying with relevant accounting regulations. Accurate and up-to-date financial records can also help with tax planning and compliance, as well as with decision-making around budgeting and investments.
Many businesses or individuals ask us to help with book-keeping. We can ensure that financial records are accurate and up-to-date. This can help free up time and resources to focus on other aspects of the business or personal finances.