Here are three bookkeeping tips which are based on experiences of working with many small businesses.
1. Do it frequently – Do you allow your paperwork to build up into a huge mountain of paper that you then can’t face tackling? Then, when you can put it off no more, you have to spend a day making sense of it all. If you set aside some time in your diary every week, this will help prevent the panic and stress people suffer from trying to get it all done by the end of the year, or the VAT deadline.