Bookkeeping Advice For Small Businesses

Bookkeeping Advice For Small Businesses

Poor bookkeeping and financial planning can put your business at risk. Most small businesses neglect this aspect of the their business by poor planning on taxation and cash flow.

Managing your businesses financial portfolio in a professional and responsible way will allow your business be sustainable and grow.

Bletchleys, Accountants and bookeepers based in Bedfordview are experts in Professional Accounting, Bookkeeping, Payroll and Financial Support Services for Medium to Small Enterprises and we offer our clients an holistic approach to financial planning, tax and taxation, payroll and VAT.

…so what in our expert opinion makes for good bookkeeping habits for SMMEs:

Choosing a bookkeeping and accounting firm that you can work with as an integral partner in your business finances and is not just outsourced services provider.

Any good bookkeeping and accounting consulting firm should be part of shaping the success of your business. Be involved in your businesses financial management even if you are using a consulting firm by understand your reports and numbers by talking to your bookkeeper and accountant.

Understand and be aware of what is happening with your financial processes like VAT Returns, Payroll Returns, Tax Returns, Audits and speak to your consultant about how to improve your financial business processes.

Make sure to practice good housekeeping when it comes to paperwork like expense receipts and invoices. Define an internal process that enforces the logging of cash expenses etc.

A culture of  following processes in documenting financial expenses, invoices and receipts is key for good bookkeeping.

At Bletchleys, we have many years of experience delivering quality bookkeeping and business accounting services. Established in 1993, we have built up a loyal client base over the last 24 years and pride ourselves on strong, long lasting client relationships. We service a large client base in our regional location in the East Rand including businesses in Alberton, Benoni, Boksburg, Brakpan, Edenvale, Germiston, Kempton Park

Bletchley are Professional Bookkeepers & Accountants who take the hassle out of bookkeeping. contact us