Remove Budgeting Remove Petty cash Remove QuickBooks Remove Virtual Bookkeeping
article thumbnail

5 Common Bookkeeping Mistakes You Must Avoid

Stephanie Peterson

Not Having a Budget Every business needs to have a budget, as many small businesses have a limited cash flow, and it typically takes time for a new business to make a profit. In order to establish a budget, all expenses should be audited, and any unnecessary expenses should be cut.