Top 5 Common Disbursement Mistakes
Disbursements are a normal part of running a business, but mistakes in tracking them can cause major problems. Common errors include missing documentation, misclassifying the transaction, or recording the wrong amount. These small slip-ups can add up, leading to incorrect tax filings, budgeting issues, and even cash flow problems. Avoiding these mistakes starts with consistent processes, such as reviewing payments weekly and using reliable accounting software. Good habits keep your books clean and your business on track.