It’s important to remember that, over and above meeting legal requirements, day-to-day accounts are there to serve the business and not the other way round.
It is not always appropriate to keep full double-entry accounting records. Indeed, for many businesses, it would be a mistake that would be costly in time and effort for very little return. Furthermore, for many more businesses, it would be more economical to pay a bookkeeper and/or accountant rather than attempt to do it themselves.
Also, much meaningful information about a business can be found from simple single entry systems. As with anything, it’s a question of finding a system that gives the most return for the least amount of time, effort and cost.
It’s also important to recognise that things change over time, so what might have worked a year or two ago could need updating if things are getting unwieldy. Don’t be afraid to make changes.