What is bookkeeping and why is it essential for my business?

Bookkeeping is the systematic recording, organising and tracking of financial transactions within a business. It is crucial for maintaining accurate financial records, ensuring compliance with tax regulations, and providing insights into your business’s financial health.

This would typically involve scanning your receipts via software into your accounting software and then matching this against your business account. We will work out with you how often you need this service and what is best for you and your business.

At GLX, we will record your transactions on accounting software either on a daily, weekly or monthly basis to ensure we are keeping your figures up to date.

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