5 Common Bookkeeping Mistakes Made by Community Organisations
Are These Mistakes Costing Your Organisation Time and Money?
Mistake 1
Mixing personal and organisation funds.
Mistake 2
Not reconciling bank accounts.
Mistake 3
Failing to track grant income separately.
Mistake 4
Poor documentation of expenses.
Mistake 5
Relying on one volunteer without documented processes.
Simple Solution
Implement cloud accounting systems and maintain regular bookkeeping procedures.