There are certain jobs that you must let the experts handle. There is much to gain from handing over the work to experts outside the company than getting someone to do it in the company. I most cases it works out cheaper to outsource many of the work. It also helps you concentrate on business instead of going after these jobs. The Necessity for Proper Bookkeeping Read Also: How Do Corporate Consultants Help Entrepreneurs Start a Company Bookkeeping is an essential work for every company. It helps the company to remain compliant with the requirements of ACRA which mandates that every transaction must be recorded and submitted when demanded. Apart from this bookkeeping helps the management to know the performance of the company. They can know exactly where the money comes from and where it goes. As it is a record of all transactions you are able to answer queries from your customers with regard to their dealings with you. Bookkeeping also helps in extracting various ...