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January 31, 2007

What I don't like - accounting

Working on your own is fun, as indicated a couple of times already but there are also aspects that are annoying.

Accounting is one of them - to keep track of the expenses and the income. Keeping track of income is easier and, naturally, more fun, but expenses? From parking tickets to Starbucks and taxi rides - boy, and organising this?

I think of cost-benefit analysis and think that it really is more important to market my services and meet people, or prepare another training program then to sit and check the outgoing cashflow.

It is important, for sure, and that is why I have an accountant. Someone to organise my mess, and someone to chase me!!

So I can make sure that business is coming in and I have something to expense, lol.











Posted by Andreas at January 31, 2007 09:05 PM

Comments

when it comes to income or bank reconciliation, it can be a hard time. :) but accounting is fun wid all the challenge, sometimes it's more like detective work to me. wan me2 audit ur accounts? muahaha

ANDREAS: Thanks for the offer Alex, bu I just hired an accountant - or, better, outsourced the stuff to a friend of mine, after I "tried hard".

Posted by: Alex at February 1, 2007 08:37 AM

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