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BookkeepingHow to prepare for annual accounts: your unshakeable frenemy
Annual accounts—a business owner’s unshakeable frenemy. No matter the size or type of your enterprise, be it a start-up, a multinational, or a charity—this task waits for you, year in, year out. These accounts are a snapshot of your business’s financial health, a tool for decision-making, and a requirement for tax compliance and stakeholder trust. […]
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Keeper of books: A co-operative approach
Throughout this article series, I have been expressing the importance of bookkeeping and its technological growth and impact on accounting for millennia. I would now like to discuss the golden opportunity to give your accountant a fresh approach. ARTICLE SERIES: KEEPER OF BOOKS Working with different sized companies that operate inversely from each other is […]
Keeper of books: Out with the old, in with the new
Traditional bookkeeping once involved tedious, manual, data entry, stuck behind the computer. Transactions were typed in one digit at a time, and bank reconciliations typically only happened once the paper statement was received or downloaded from an online banking platform. ARTICLE SERIES: KEEPER OF BOOKS The old… Paperwork needs to be filed and stored for […]
Keeper of books: What makes a great bookkeeper?
Are you sick and tired of spending hours upon hours, scrolling through your accounts, wondering where all your hard-earned money has disappeared to? Perhaps it was that dress you bought on the company card, or that pesky subscription you never meant to sign up for? Or was it neither? Had you fallen into a fraudulent […]
Keeper of books: Find yourself a good storyteller
When the story of your life is being written, you would like it to reflect on what you do every day and how it relates to other aspects of your life. You would like it to be written in a language that you understand. As for business owners, their business is their life story. They […]
Don’t wait until its too late…
ARTICLE SERIES: KEEPER OF BOOKS Recently, a new client came to me to consult about issues with his existing accountant who, after not being able to comprehend the logistics of the business, eventually left. After some initial discussions and reviewing the company’s Xero, I attempted to clean up the mess and provided him with all […]
