Accounting costs money

Posted on 11 May 2016
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 Accounting administration tasks costly

Research by Sage has found that SMEs spend an average of 120 working days a year on administrative tasks, and if the government helped them access digital ways of working the resulting increase in productivity could boost the economy by £33.9bn a year. The firm said time spent on accounting is most costly, amounting to more than 20% of total administration time.

Source: The Daily Telegraph (11/09)

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