ResourcesFor the small business owner, bookkeeping is often tedious and mundane and can often take up hours and hours of valuable family time.
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Here are the most common bookkeeping mistakes you need to avoid:
| Not separating business from personal |
| Failure to record small transactions |
| Improper or poor record-keeping |
| Incorrect classification of data |
| Claiming GST Credits with no receipts |
| Neglecting reconciliation of bank accounts |
| Neglecting to track reimbursable expenses |
| Trying to do it all yourself |
Now that you have read through the most common bookkeeping mistakes, take a look at your business and determine whether any of these apply to you. Now is the time to make some easy changes to upgrade your bookkeeping system and turn that mundane task of bookkeeping into your secret weapon for business management and success!
If you need any help, feel free to contact us.