This category is all about keeping track of your finances, from planning and budgeting, to reconciling and submitting your annual returns.
Overview
First and foremost, remember that we’re not accountants, bookkeepers, or financial advisers. We want to help small businesses be more organised and avoid tax surprises.
So we made a simple framework to manage finances in. Even if you use accounting software, you still need places to store things and do certain processing tasks.
Our goal is to give you:
- logical buckets to put things in,
- processes to get your data ready for your accountant,
- advice on saving your records neatly.
There are some accounting terms here. But we didn’t get too technical. If an accountant looked here, we hope they’d be able to find what they need. Although they might structure and name things differently.
Exceptions
This is for your finances. If your product or service is related (e.g. you’re an accountant or financial adviser) that goes in 20-29 and 30-39.