What is bookkeeping?If you look up bookkeeping in the dictionary, it’s defined as the job of keeping an exact record of the money that has been spent or received by a business.
To put it in even simpler terms, bookkeeping keeps track of your finances. As a business owner, it’s difficult to deny the value in seeing a financial snapshot of money going in and money coming out each day, week, and month. Bookkeeping makes this picture crystal clear.
Here at KMR Excel, we can look after this process for you. You can either:
- Scan your receipts & invoices and save them in a shared Dropbox folder (by month), or
- Scan them and send as a batch by email once a month
The choice is yours; we will then take care of the rest.
By keeping the books up to date, you will feel more engaged in your business by being better informed on how your business is really performing.
Here at KMR Excel, we use Xero for all bookkeeping and accounting needs. However, if you are more old-school, then we can use Excel (although not recommended!).