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Top Common Bookkeeping Issues – Belk on Business – Episode 179

1) Invoice and receipt tracking

2) Handling of expense reimbursements

3) Proper classification of employees

4) Monthly reconciliations

5) Data handling

6) Sales tax and income tax exposure

7) Handling of petty cash

8) Too few or too many accounts

9) Handling bookkeeping internally without oversight or review

10) Ineffective communication

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