Bookkeeping

Accurate and up-to-date bookkeeping is the backbone of any successful small business. No matter what type of business you run, bookkeeping is essential in order to keep your business running smoothly. Of course, bookkeeping isn’t easy to learn and can be intimidating at times, but don’t worry! Ottawa Bookkeeping will break down the basics for you so that you can discover the different options available to you and why it’s important to keep your financial records detailed and up to date!

There’s a lot to learn, but great and high-quality bookkeeping doesn’t have to be complicated! Follow these steps to get started with small business bookkeeping:

 Save and organize all of your records, invoices, and receipts
 Determine which bookkeeping method (manual/automatic; single-entry/double-entry; cash/accrual) works best for your business
 Download cloud accounting software
 Practice creating detailed financial reports
 Hire a professional bookkeeping to show you the basics