In this article we will be looking at a list of 5 Essential Accounting Tasks for Small Businesses and Freelancers.

As a small business owner there are just basic accounting tasks that can not be ignored in any business. Many small businesses prefer hiring a bookkeeper to perform most of these tasks but this does not mean you have been relieved of your accounting duties.

Having in mind that a business is a full-time job, the aspect of accounting is a very essential part in the growth of any business.
Here is a list of a few Accounting Tasks you should know about and be doing every week.

1. Record all Expenses & Transactions

It is advisable to always record all your business expenses and transactions although bookkeeping for small businesses can be difficult to understand. Bookkeeping is all about having records of the financial transactions and information of your business.
The advantage of keeping records...

Source:
https://www.hownaija.com.ng/2020/12/5-essential-accounting-tasks-for-small-businesses-freelancers.html