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|6 Steps To Automate Your Bookkeeping System by smefinanceNG: 11:28am On Nov 22, 2019|
The Small Business Owner must manage the different functions of the business, ranging from making products and managing employees, through marketing and distribution, to finance and accounting.
When you consider the manual process of reconciling the monthly books; the use of excel spreadsheets to record transactions; the upfront cost of storing information on dedicated hard drives that can hardly be accessed by more than one person at a time; the manual labour of recording hard copy receipts and stacking them in drawers; the valuable time wasted on this inefficient process; you will understand why many Small Business Owners leave their bookkeeping to the last minute.
The financial and accounting functions of the business can be a challenge for many Small Business Owners, mainly because of the time-consuming and tedious nature of the tasks. This does not have to be so if the Small Business Owner decides to automate the accounting process.
Click on the link to read the full article https://smefinance.org/6-steps-to-automate-your-bookkeeping-system/
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