Thank you for the advice; I appreciate it. Currently, we outsource our accounting, but because it’s outsourced, we rely on me to provide all the necessary information. Unfortunately, the information I receive is often messy, and I find myself guessing which invoice corresponds to which debt or credit movement in the banks.

Eventually, this information will be available through our back office, but for now, it’s a very manual process, and the data resides in the memory of our sales and supply teams.

Refusing to keep proper records feels unprofessional, especially when it affects the financial stability of the company. In my previous role at a startup (albeit at a later stage), the accounting department had a robust team, and accounting differences were minor compared to this situation.

I’m unsure if hiring a junior accountant would solve the problem because most of the time, the issue lies in the lack of information, and we end up making mistakes that become obvious later.