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When a company is concerned about its cash flow, do it yourself basic bookkeeping seems to be the easy answer to your problems but bookkeepers should be seen as an asset to the business and helping small business owners to keep afloat by monitoring their cash flow, making sure all possible tax deductions are claimed and keeping records up to date to help you manage your business. Here are four common mistakes made by DIY bookkeepers.

Bookkeepers record financial transactions and keep track of a company’s or an organization’s money ,