Understand the records behind everyday transactions.
Start with the transaction
A bank entry tells you that money moved. The invoice, receipt or agreement explains why. Keep those records connected so that another person can follow the trail without guessing.
A workable routine
- Keep business records separate from personal paperwork.
- Use a consistent reference for each invoice or receipt.
- Set aside time to review unmatched or unclear entries.
- Record questions for your bookkeeper instead of inventing a category.
What to ask your bookkeeper
Agree who provides documents, who reviews classifications and how corrections are recorded. Ask which reports you will receive and how missing information will be flagged. The right arrangement depends on the business and its obligations.