How a book-keeper can benefit your business
Bookkeeping, the first and foremost step of accounting, organizes all your business transactions and is crucial to the health of your business. The importance of bookkeeping can’t be ignored as it helps in better financial analysis and management, fulfilment of tax obligations, easy reporting to owners, easy business planning and professional record keeping. A bookkeeper is one of the most important human assets of a company or SMEs as it’s the bookkeeper’s responsibility to handle and keep on track the company’s entire financial records, ensuring all the details of their business’ day-to-day financial transactions are recorded in the correct “daybooks”: supplier’s ledger, customer ledger and general ledger and bringing these recorded financial transactions to the trial balance stage so that the accountant can use them in preparing the company’s income statement and balance sheet. We use the latest cloud accounting software and expenses tracking to deliver monthly insight into our client’s businesses.
Here are some of the common duties and responsibilities of a bookkeeper in business:
- Keeping Financial Records Updated
- Keeping Abreast and Updated of Changes in Regulation
- Preparing Monthly, Quarterly and Annual Financial Statements
- Bank Reconciliations
- Accounts Receivable
- Accounts Payable
We provide services to
- Traders
- Driving instructors
- IT Contractors
- Event planners
- All trades (Plumbers, Electricians)
- Salons
- Restaurants/Cafes
- Fitness Instructors
- Taxi drivers
- Photographers
- Event planners
- Charities
- Locum Doctors
- Landlords