7 Common Accounting And Bookkeeping Mistakes Businesses Make
Hi People,
I like being in control of things
and am not very good with delegation. So when it came to delegating the work of
bookkeeping in my own company, I felt anxious and kept it with myself. However,
I soon realised that I had no time to keep records of the incomings and
outgoings and would get everything mixed up. So I asked a friend to help me
out. We started working on the books mutually, but a year later had to the
consequences of not separating the business and personal accounts. It is one of
the common errors committed by businesses. Here is a list of other mistakes
which you should avoid at all costs.
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