Chapter 7
Recording Expenses and Supplier Payments
In This Chapter
Struggling for breath underneath a pile of receipts
Choosing a method to suit your madness — systems for start-ups
Doing the books for a small business
Making everything connect for a larger business
Finding a home for every transaction
Guarding that petty cash tin with fire in the belly and a glint in the eye
Your role as a bookkeeper varies enormously depending on whether you’re doing the books for a business that’s just getting started, or whether you’re working for a larger business with many employees and lots of suppliers.
Part of being a good bookkeeper is being able to judge what system works best in each situation. I’m not talking about software choices here — rather, I’m referring to the way you organise information and record transactions. Do you want to keep things simple and just record transactions when ...
