Tag Archives: Bookkeeperco.com.au
Bookkeeping is very important in a business to function well; it will keep the business owner at the very heart of the business, with the hands on the controls. Cash flow is the lifeblood of your business, and without knowing about the correct flow of cash through the business, your enterprise is least likely to become great.
With other tasks to be completed, there are benefits to be gained from a good bookkeeping.
Bookkeepers can be involved in taking charge of the assets and liabilities of the business, as well as the expenses and profit margins.…
The process of keeping all the records of finance of a firm is called bookkeeping. The person who does bookkeeping is called as a bookkeeper. They are the asset of business as they uplift a business.
Duties of a bookkeeper:
- A bookkeeper is liable to perform following duties:
- Record and analyze financial details of a company
- Analyzing debits and credits
- Assure accuracy of figures, postings, and reports
- Notify any deviation in the record
- Production of invoices
- Keeping and maintaining balance sheets, historical accounts, and balancing subsidiaries
- Completion of payrolls
Why bookkeepers are important:
Bookkeeping is not an easy job.…
A bookkeeper is often a bit like a GP – there’s one on every corner, but great ones are nearly impossible to find. Moreover, when you find one, you should not let them go. However, how will you know if your bookkeeper is good or even better, a great bookkeeper?
Let’s commence with what every bookkeeper must be before we look at why is a great bookkeeper to trust.
Teaching and accreditation
Every bookkeeper should have got some formal bookkeeper or data processing training and preferably be a registered BAS Agent.…