When you run your own business it is so easy to get bogged down with all the paperwork that arrives through your door. Keeping on top of your paperwork can potentially take up a lot of your time, time that should be spent running your business or with your family.
However, you can’t ignore it, hoping it’ll go away because it won’t and it’s definitely not a good idea of just putting it into a shoe box for your accountant at the end of the year.
There are a couple of options to ensure your bookkeeping doesn’t pile up out of control and they are either, keep simple spreadsheets yourself or use a bookkeeper. Bookkeeping is an essential and integral part of running a business no matter what you do.