Bookkeeping for Marketing Agencies | Empowering agency owners around their finances | Co-Founder at Kleer Books
Your bank statements aren't enough to fully understand your agency’s financial situation. One crucial reason is the lack of detailed information. The statement doesn't provide insight into the nature of each expense or revenue. You might see a purchase from Amazon. But how do you know if it was for office supplies, a book, or a new piece of equipment? You might see a deposit from a client. But how do you know if the invoice was paid in full? It's hard to understand your financial performance and make informed business decisions without context. That's why it's essential to keep detailed records and consider using bookkeeping software or hiring a professional.
