bookkeeping is more than data entry
And we are more than bookkeepers.
Bookkeeping is more than data entry. A business owner taking on the bookkeeping is an inefficient use of time. A cheap bookkeeper who only performs data entry is a waste of both time and money.
A cheap bookkeeper who only performs data entry may have limited business experience and may struggle to understand your business.
Our bookkeepers use their financial experience to become an invaluable working partner for your business. They develop a comprehensive understanding of your business and its needs. Our bookkeepers analyse, interpret and code your transactions for compliance with reporting requirements.
A cheap bookkeeper who only does data entry may not understand the principle: ‘garbage in, garbage out’. You may not provide adequate or correct information at times so your bookkeeper needs to know when something is not right. Our bookkeepers can analyse the situation and understand the questions to ask to ensure your financial records and transactions are always correct.
An experienced bookkeeper keeps your financials in line providing you peace of mind. Your life is easier when your bookkeeper knows what they are doing and understands your business. You get an accurate picture so you can make informed financial decisions.
But when a bookkeeper fails to complete your books on time or makes mistakes, this can be disastrous for your business. As keeper of your finances, compliance, and tax office reporting, your bookkeeper is required to meet company policies and government regulations.
Cheap bookkeepers who only perform data entry may not understand the complexities of Australian Tax Office reporting. Business and income activity statements, taxable payments annual reports and PAYG instalments all require complex calculations. Someone who can only do data entry cannot complete these with accuracy.
Our bookkeepers understand the Australian Tax Office reporting and how to manage your information to ensure you lodge accurate reports on time.
Are you ready to save time, worry less, and focus on your business?
Just leave us your contact details. We’ll answer all your questions in a format convenient for you.