You’ll learn about:

  • The differences between accounting and bookkeeping
  • Why bookkeeping is important to your business
  • How to manage your day-to-day bookkeeping

The importance of bookkeeping

Bookkeeping can feel intimidating and as a result, often falls to the bottom of the priority list. In this video we’ll explore the importance of bookkeeping and what it can tell you about your business.

How to do bookkeeping

In this next video we cover the basics of bookkeeping, including how to record income and expenses. We’ll also take a look at how bookkeeping can make the whole accounting process a lot simpler.

Need further help getting to grips with your bookkeeping? Take a look at the Financial management module.

Why you need bookkeeping

We’ll show you some great reasons you need bookkeeping (even if you think you don’t) and share tips and advice on how to do it.

This material is published by NatWest Group plc (“NatWest Group”), for information purposes only and should not be regarded as providing any specific advice. Recipients should make their own independent evaluation of this information and no action should be taken, solely relying on it. This material should not be reproduced or disclosed without our consent. It is not intended for distribution in any jurisdiction in which this would be prohibited. Whilst this information is believed to be reliable, it has not been independently verified by NatWest Group and NatWest Group makes no representation or warranty (express or implied) of any kind, as regards the accuracy or completeness of this information, nor does it accept any responsibility or liability for any loss or damage arising in any way from any use made of or reliance placed on, this information. Unless otherwise stated, any views, forecasts, or estimates are solely those of NatWest Group, as of this date and are subject to change without notice. Copyright © NatWest Group. All rights reserved.

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