What will a bookkeeper do for me?
A bookkeeper typically handles your payroll, ensures compliance, records business transactions, reconciles accounts, and completes BAS lodgements.
Based on your specific needs, they can also provide financial guidance, assist with cash flow management, budgeting, reporting, and help monitor the overall financial health of your business.
Why is having a bookkeeper important?
Bookkeepers offer valuable support in many ways, simplifying processes and making your life easier. Here’s how we can help:
Save time: We focus on compliance and prevent costly mistakes when managing payments, so you don’t have to worry.
Save money: By following up on unpaid invoices, reducing unnecessary expenses, and optimising your tax benefits, we help you keep more in your pocket.
Fuel business growth: Keeping your books up to date allows you to take charge of your finances, leading to better decision-making and less stress in the long run.
Financial control is incredibly freeing. It gives you a clear view of the bigger picture and empowers you to make informed decisions that support your business’s growth. A great bookkeeper is there for you from the very beginning, guiding you through every stage of your business journey.
Why do small businesses need a bookkeeper?
As an agile and experienced bookkeeper, I help empower business owners to take control of their finances. I free up valuable time and energy, allowing small businesses to focus on growing their profits.
With expert financial advice, business owners gain peace of mind knowing their finances are current and in order. They are also equipped to make informed decisions at the right moments, driving their success.
Bookkeeper VS Accountant?
Many people mistakenly believe that bookkeeping and accounting are the same thing. While some professionals may handle both roles, they are, in fact, distinct functions.
Bookkeepers manage the ongoing recording of your financial transactions, while accountants analyse this data during end of year tax time and offer advice on your financial position.
For the best results, it’s crucial that your bookkeeper and accountant collaborate to support your business. We are happy to work alongside your chosen accountant, by combining these functions, you can enjoy greater cost and time efficiencies for your business.
Can you do my bookkeeping remotely?
Yes, we can. In today’s fast-paced world, it's essential for small businesses to remain agile, and that often requires a skilled virtual partner.
Fortunately, we have the systems in place to make this seamless. While we’re based in Sydney, we also offer virtual online bookkeeping services, allowing us to manage your books efficiently from anywhere.
What are the biggest bookkeeping mistakes a business can make?
Small to medium-sized businesses and entrepreneurs often make mistakes when handling their own bookkeeping, especially when they’re just starting out or focused on running day-to-day operations.
These mistakes can lead to wasted time and money, especially during crucial growth phases. Some of the most common errors include:
- Failing to reconcile bank accounts regularly: Without regular reconciliation, you may not have an accurate view of your finances, potentially leading to overspending or underspending.
- Duplicate transactions: Recording transactions twice can result in double payments to suppliers, and recovering the money is often a time-consuming process that can impact cash flow.
Mixing personal and business expenses: If personal expenses are mixed with business transactions, it becomes difficult to generate an accurate financial picture of your business
- Incorrectly accounting for GST: With some transactions including GST and others being GST-free, it can be challenging to manage without a clear understanding of what needs to be tracked.
Hiring a bookkeeper can help you avoid these costly mistakes and relieve the stress of managing your accounts, leaving you free to focus on growing your business.
What will a bookkeeper do for me?
A bookkeeper typically handles your payroll, ensures compliance, records business transactions, reconciles accounts, and completes BAS lodgements.
Based on your specific needs, they can also provide financial guidance, assist with cash flow management, budgeting, reporting, and help monitor the overall financial health of your business.
Why is having a bookkeeper important?
Bookkeepers offer valuable support in many ways, simplifying processes and making your life easier. Here’s how we can help:
Save time: We focus on compliance and prevent costly mistakes when managing payments, so you don’t have to worry.
Save money: By following up on unpaid invoices, reducing unnecessary expenses, and optimizing your tax benefits, we help you keep more in your pocket.
Fuel business growth: Keeping your books up to date allows you to take charge of your finances, leading to better decision-making and less stress in the long run.
Financial control is incredibly freeing. It gives you a clear view of the bigger picture and empowers you to make informed decisions that support your business’s growth. A great bookkeeper is there for you from the very beginning, guiding you through every stage of your business journey.
Why do small businesses need a bookkeeper?
As an agile and experienced bookkeeper, I help empower business owners to take control of their finances. I free up valuable time and energy, allowing small businesses to focus on growing their profits.
With expert financial advice, business owners gain peace of mind knowing their finances are current and in order. They are also equipped to make informed decisions at the right moments, driving their success.
Bookkeeper VS Accountant?
Many people mistakenly believe that bookkeeping and accounting are the same thing. While some professionals may handle both roles, they are, in fact, distinct functions.
Bookkeepers manage the ongoing recording of your financial transactions, while accountants analyse this data during end of year tax time and offer advice on your financial position.
For the best results, it’s crucial that your bookkeeper and accountant collaborate to support your business. We are happy to work alongside your chosen accountant, by combining these functions, you can enjoy greater cost and time efficiencies for your business.
Can you do my bookkeeping remotely?
Yes, we can. In today’s fast-paced world, it's essential for small businesses to remain agile, and that often requires a skilled virtual partner.
Fortunately, we have the systems in place to make this seamless. While we’re based in Sydney, we also offer virtual online bookkeeping services, allowing us to manage your books efficiently from anywhere.
What are the biggest bookkeeping mistakes a business can make?
Small to medium-sized businesses and entrepreneurs often make mistakes when handling their own bookkeeping, especially when they’re just starting out or focused on running day-to-day operations.
These mistakes can lead to wasted time and money, especially during crucial growth phases. Some of the most common errors include:
- Failing to reconcile bank accounts regularly: Without regular reconciliation, you may not have an accurate view of your finances, potentially leading to overspending or underspending.
- Duplicate transactions: Recording transactions twice can result in double payments to suppliers, and recovering the money is often a time-consuming process that can impact cash flow.
Mixing personal and business expenses: If personal expenses are mixed with business transactions, it becomes difficult to generate an accurate financial picture of your business
- Incorrectly accounting for GST: With some transactions including GST and others being GST-free, it can be challenging to manage without a clear understanding of what needs to be tracked.
Hiring a bookkeeper can help you avoid these costly mistakes and relieve the stress of managing your accounts, leaving you free to focus on growing your business.