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FAQ

What is bookkeeping and why is it essential for my business?

Bookkeeping is the process of recording and organising financial transactions for a business. It is essential for several reasons:

• It helps you track your business’s financial health and performance.
• Accurate bookkeeping is necessary for compliance with tax regulations.
• It provides a clear picture of your cash flow, making it easier to manage finances.
• It facilitates informed decision-making and helps secure financing or investment.

Get help when you need it, so you can spend more time achieving your business goals

*Retinue’s payroll service includes the processing of hours and wages rates provided by you. We do not determine award rates for your employees or provide advice on the correct employment status of your employees. It is your responsibility to ensure that your employees are paid correctly and we recommend obtaining advice from specialised employment relations experts.