Owning a business can keep your schedule filled with necessary duties. Sometimes, it can be difficult to keep up and accomplish everything on your to-do list. This can cause some things to be put off for another day. In many instances, the thing that is continuing to be put off day after day is your business finances. Bookkeeping should be updated regularly to ensure accurate financial decisions are being made. Not doing so could lead to your business suffering from expensive costs and penalties.