What is bookkeeping?
Bookkeeping is the recording of an organisation's financial transactions on a day-to-day basis.
Why is bookkeeping important?
- To help you manage your organisation's finances
- To comply with tax requirements and preparation of annual accounts (and possibility audit)
- To comply with requirements from Companies House and/or regulators
- To show funders how their money is being spent
- To show external stakeholders that you are practising good financial management
Download the Income Statement template
Download the Cash Flow Statement example template
Download the Balance Sheet example template
