Accounting

Bookkeeping is the daily record of income, expenses, and what customers and suppliers owe. A wrong date, the wrong account, or a late document later breaks tax reports and bank reconciliations.

Common mistakes are booking an expense without a source document, mixing VAT and non-VAT transactions, and putting payroll in the same line as operating costs. Every entry should tie to a contract, invoice, or act.

At month end, the bank statement, cash, and stock should match the books. BizAssist.az connects you with accountants so errors are fixed before the filing season.

Bookkeeping ties every transaction to a date, an amount, and a document. A mistake here later breaks the tax return, the bank reconciliation, and settlements with partners.

Sound books start with a rule, not a complex system: no entry without a source document, and no report before the month is closed.

The BizAssist.az platform connects you with field experts — you track progress, professionals handle the work.

01 The mistakes that show up most

Expenses are booked without a document, VAT and non-VAT sales are mixed, and payroll lands in the same line as operating costs.

A late invoice pushed into the next month makes turnover and the tax base look wrong.

• Expenses without a source document
• VAT and non-VAT transactions mixed together
• Bank statement that does not match the books
• Payroll not tracked on its own

02 How to close the month

Bank, cash, and stock are matched to the books. Differences are fixed before they roll into the next report.

Accountants on the platform set this close around your type of activity.