BCSL-admin

Bookkeeping is often overlooked by small and medium-sized enterprises (SMEs) in Uganda, yet it is the foundation of financial management and business success. Proper bookkeeping allows business owners to track revenues, manage expenses, prepare accurate financial reports, and make informed decisions. Without a reliable bookkeeping system, businesses risk financial mismanagement,…

Recovering overdue debts is one of the most pressing challenges for businesses in Uganda, particularly for small and medium-sized enterprises (SMEs) that rely heavily on steady cash flow to operate efficiently. Unpaid invoices and delayed loan repayments can disrupt business operations, delay supplier payments, and create financial instability. Without effective…

Accounting forms the backbone of any successful business. Accurate financial management enables decision-making, compliance with tax laws, and sustainable growth. However, many SMEs in Uganda struggle with accounting errors and poor financial practices, often leading to cash flow problems, regulatory penalties, or even business failure. These mistakes may stem from…