If your business is very simple, you can use a paper system to set up and maintain your books. But the majority of businesses use accounting software.

Bookkeeping - overview

A good bookkeeping system gives you accurate information to help manage your business. We explain your basic options and what the law requires.

Online accounting software being used an a computer to send a payment

Choosing accounting software

Accounting software makes your accounts quicker and easier to process - and you don't need to be a trained accountant. Our guide to choosing software.

Pile of file dividers for keeping financial records

Set up and maintain your books

Keeping accurate books is a legal requirement, as well as essential in making informed, productive business decisions. Our guide to bookkeeping.

A finance team use accounting software

Using accounting software

Good accounting software puts you in control of your business, letting you automate regular tasks, prepare forecasts and monitor business performance.

A blue folder labelled bookkeeping next to a calculator

Q&A: Bookkeeping for start-ups

Accurate bookkeeping can help you keep your business on track and will make it easier when the time comes to file your tax return.

A man completes his bookkeeping and generates his customer invoices

Q&A: Producing invoices

If you've never produced an invoice before, how do you know what to include? Chartered accountant Elaine Clark answers key questions about invoices.