If you are running a small or home business, you have to keep accounts. However, many small business owners have never been trained in accounting and do not find this to be a very easy task. Consequently, the question you need to ask is : "Should you do your own accounting, or get someone else to do it?" Logically, the first question to ask is: "Are you curious about numbers?" Any person who answers "no" to that question will probably be incapable of undertaking the bookkeeping task him or herself.
Following on from our previous post, here are some simple tips to help you with your accounting. Accounting has often been viewed as an extremely difficult task. Most business owners often call in qualified accountants to carry out regular accounting and bookkeeping for them. This comes with an extra expense. However, what most people do not know is that accounting for small businesses is a relatively simple exercise.