The essentials of bookkeeping are neither difficult nor inherently confusing. It’s just a matter of training your mind to focus on the details. The task is essentially to put all your financial data (bills paid and money received) in order so that you can see your entire financial picture at the push of a button.
There are professional bookkeepers out there who understand creative businesses and they can either set you up to do it yourself or to come in regularly to take care of basic tasks for you. It’s one task you can quite easily delegate, if you have the proper systems set up. Either way, it’s a good idea to have an independent set of eyes on your finances.
How do you do your bookkeeping?
BTW: There’s an active discussion on the CFC LinkedIn Group about what software everyone uses for accounting/bookkeeping and related tasks.