Bookkeeping is boring, and costly and it does not directly make you any money.
However......it is critical.
Bookkeeping is the capture, analysis, recording and summary of transactions - the beating heart of the business.
Bookkeeping is the raw material of financial statements, analytics, budgeting and tax returns.
Speaking of tax returns....
If your tax preparer has to untangle your bookkeeping there is a cost, sometimes a considerable cost. Don't blame the accountants if you drop a mess on their desk (or more literally into their portal).
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