Is It Time To Digitize Your Small Business Bookkeeping?
Financial statements are necessary for the everyday operation of a business. If you keep your own books, you need to have a good understanding of accounting principles, know how to calculate profit and loss accurately, and understand the various types of cash-flow spreadsheets. Conversely, if you hire a bookkeeper, you can trust them with your financial information and they will help with tax returns. If they’re qualified, they can also provide reports on how well your company is doing.
