What is a Bookkeeper– and why do I need one?
A bookkeeper is the first step in a great business accounting setup. They keep track of a business’ day-to-day finances, ensuring all transactions are recorded accurately and well-organised.
Put simply, employing a bookkeeper for your business will save you time, money and leave you to focus on what matters most – your business.
So why do I need a bookkeeper?
Better analysis and management of finances
A bookkeeper can create a system for invoicing, follow-ups and payments, meaning nothing is missed and you can focus on your business.
Stress-free tax time
End of financial year doesn’t need to be a stressful time. A bookkeeper will save you time by having all of your books balanced and reconciled so that all you need to do is give access of your file to your Accountant and they will commence work on your Tax return. We’ll keep copies of your Asset Purchases liase directly with your Accountant and just sort it for you.
Your business, planned
A business plan is crucial in today’s economic climate. Your bookkeeper will provide you with an up-to-date Balance Sheet and Profit & Loss Statement, so you will always know where you are, and where you’re going.
Your bookkeeper can provide you with all the information you need to give your investors confidence and a clear understanding of their place in your business.
But I have an accountant, why do I need a bookkeeper?
Because they are across day-to-day financial dealings of your business, a bookkeeper can operate as a direct link between you and your Accountant. A bookkeeper can ensure that everything is organised and balanced before it gets to your accountant saving you money when it comes to tax return time.