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Starting up in business: The importance of maintaining accurate accounts

It's important that your accounts are accurate and up to date, and that they are backed up with detailed records, such as receipts, invoices and purchase orders, payments in and out, etc.

Following careful record keeping procedures can also help you to prevent fraud or theft. As businesses grow and take on more workers, the risk of theft or fraud can increase. There are steps you can take to reduce the risks.

For more information, see HMRC: Starting up - Help & support

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  • Inward Investment Services
  • Town Hall & Civic Offices
    Westoe Road
    South Shields
    Tyne & Wear
    United Kingdom
    NE33 2RL

  • 0191 424 6262

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