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Category: Financial
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Some business owners view bookkeeping as a burdensome detraction from the important work of running their business. Creating even a small amount of time in your day on a regular basis may prevent backlogged accounting from getting out of control. Use an accounting-for-businesses software package to help you stay organized. Avoid using cash; use of credit cards, debit cards or on-line bill pay options will create a paper trail you can organize later. Scan receipts and invoices as you go, so organizing later isn’t a paper-intensive project. Hire a bookkeeper or a college accounting student to help you stay on track.