5 bookkeeping mistakes you don't want to make

Practical business tipsBookkeeping and tax matters
Written By Zoe Scott

EPISODE 13

 

Notes

Today’s episode is dedicated to the 5 bookkeeping mistakes that I’ve seen happen again and again over the past few months. 

As always, I’m keeping this episode practical and relevant to your business to help you understand how to avoid these common mistakes. Then I share the 5 things you should be doing instead.

One of the big mistakes I see is mixing business and personal transactions together. I talk about why it’s important to keep your transactions separate, the trouble of messy bookkeeping, and why you need to do your bookwork regularly. 

You don’t know what you don’t know. This episode will help you understand some of the basics to make sure your books are balanced, your profit and loss reports are accurate and you’re not paying more tax than you need to. 

 

LINKS: 

Top 10 Bookkeeping Mistakes and what they could be costing you 

 

About the
Author

Bec is a chartered accountant who worked at Australia’s big firms and banks for 15-years. Faced at a crossroads in her career, she backed herself, left her corporate job and launched Straight Up Bookkeeping. 3 years and 5 staff later, Straight Up Bookkeeping is one of Australia’s leading virtual bookkeeping businesses for creatives, with a mission to free business owners from financial stress so they can grow their empires.

 
 

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