You might feel bookkeeping is one dreadful job, and it hogs a lot of your time. Well, you are not alone. Below are some simple steps you can follow to save your time and ensure seamless bookkeeping. Go paperless You may not be an expert in bookkeeping . You might find yourself frantically searching for that bill you know you kept in some place. You can avoid this most daunting task of maintaining papers which are essential during audits by eradicating the papers. In today’s world, we get electronic receipts for almost all the transactions we do and in some cases we won’t have a choice but get that piece of receipt. In such cases you can always scan the receipt and maintain a soft copy in your PC and use cloud storage as well. This way you get to save the time you spend on searching for THAT receipt. Plus, you know, it is very simple to search for things online. Maintain separate bank accounts for your personal use and business Maintaining a common bank account ...
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