BizSugar.com › Management › The importance of good bookkeeping in business - Solid Bookkeeping, Accounting & Consultancy...

Bookkeeping is not just about avoiding potential HMRC fines. Keeping up to date with receipts and payments will help you to stay on top of your businesses finances. VAT returns will be more accurate and by using appropriate accounting software can often be produced automatically at the touch of a button. In addition, by keeping on top of finances you will be able to quickly spot outstanding invoices and chase slow payers before they get away.