Why is Bookkeeping Important for a Small Business?

Bookkeeping is of utmost importance when it comes to managing the financial records of the business such as ledgers, tax records, financial statements and so. The importance of bookkeeping cannot be underestimated especially concerning a small business as any error can lead to affecting the financial health of the business, which is the last thing you would want. Still not convinced? Still think that bookkeeping is an overrated aspect? Here we list down 6 important reasons why bookkeeping is important [...]