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Bookkeeping Basics for
Everything you need to start doing your own bookkeeping.
Bookkeeping is seen as the flossing of the small business world.
It’s not very fun, and if you skip it, you won’t notice for a while. You might also secretly doubt if you have to do it at all (we’re not judging).
But bookkeeping is much more than tax hygiene. Done right, it gives you a financial dashboard from which to base your business decisions on.
In this guide, we’ll convince you why bookkeeping is worth the investment, and give you a step-by-step process for setting up your own bookkeeping process.
We’ll cover things like:
- How bookkeeping can help you get a better tax return
- How up-to-date books can help you get a bank loan
- How to choose a bookkeeping system
- The difference between cash and accrual accounting
- How to categorize transactions
- When to hire a bookkeeper for your business
Download the guide and start setting up your bookkeeping process today. Your gums won’t bleed, and you just might have a revelation or two about your small business.
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What you’ll learn in this guide
Wajiha Danish
Wajiha Danish is the Director at Monily, overseeing financial strategies and operations for small and medium businesses. She has over 18 years of experience, including her role as Controller at HOCHTIEF PPP Solutions North America. Wajiha's background includes significant roles at Pakistan Petroleum Limited and A.F. Ferguson & Co. (PwC Pakistan). She is a Chartered Certified Accountant (ACCA) and Certified General Accountant (CGA) with expertise in financial management and project finance.
