Every account has its purpose in bookkeeping, but not all accounts are created equally. That’s why our bookkeepers for small businesses in Sydney will tell you what the most important accounts any bookkeeper should prioritise.
The most important accounts for any small business bookkeeper in Sydney to know of are:
• Cash accounts
• Accounts receivable
• Inventory
• Accounts payable
• Loans payable
• Sales
• Purchases
• Payroll expenses
• Office expenses
• Owner’s equity
• Retained earnings account
These are the accounts that our small business bookkeeping company in Sydney believes to be the most important for each and every small business owner.
Feel free to contact our bookkeepers for small businesses in Sydney and let us put our expertise to work for your business.