What is the difference between bookkeeper tasks and accountants?

Bookkeeping is the recording of financial transactions. Transactions include sales, purchases, income, and payments by an individual or organisation. Bookkeeping should be performed by a suitably qualified bookkeeper. The accountant creates reports from the recorded financial transactions recorded by the bookkeeper and much more.

Having your records ‘accountant ready‘, frees your accountant to work on the reporting and business advise. We do not replace your accountant; we work with your accountant.

Having a bookkeeper is it an expense or an investment?

Like it or not, every business needs to have some sort of bookkeeping system in place, it is as much a part of running a business as it is to eat fruit and vegies daily to stay healthy. By having a suitably qualified bookkeeper keep your business transactions up to date means that you can be informed of your financial position on a regular basis either; weekly, monthly or at the least quarterly. This present time reporting will help give you a clear picture of your accounts payable, accounts receivable and cash flow. The information can then be acted on sooner rather than later saving you money and time.

You enjoy real benefits:

  • Be free to concentrate on income-generating activities
  • Improve your cashflow with efficient billing and debt collection
  • Save by not having to invest in hiring extra staff, renting extra space and equipment or setting up manual or computerised bookkeeping systems
  • Know the financial position of the business each day
  • Have the financial management information necessary to make informed decisions
  • Have the information your accountant needs to accurately advise you
  • Your banker will have accurate information from which they can examine your performance

What are mobile bookkeepers?

More and more companies and small businesses are looking to outsource services, turning over parts of their operations to outside experts, allowing owners to focus on critical needs and growth. This has led to an increasing demand for GOOD mobile bookkeepers.

Accountant Ready Services will offer to pick-up and drop off all the necessary documentation for keeping your financial records up to date. ARS gives you the choice of having someone come to your premises as and when required to carry out bookkeeping duties.

What are the Advantages of using Reckon?

Simplicity

Reckons’ legendary ease of use has been taken to a new level, ensuring anyone can get started easily and finish the job quickly. Reckon now allows you to customise displays, reports and workflows to suit the way you work.

Efficiency

Virtually all key functions are now available within two mouse clicks of the home page, with new Customer, Supplier, Employee and Report centres. An Easy Setup Wizard will have any business up and running on QuickBooks within minutes. New technology allows one system to support your business as it grows - from start up stage through to a sophisticated corporate organisation with up to 30 users and virtually unlimited transactions, customer and supplier lists.

Productivity

Reckon learns from you by remembering past transactions, making it faster to enter customer and supplier orders. An ‘always on’ audit trail makes it easier for your accountant to spot possible trouble spots or miss-postings in your accounts. Your accountant can now work on your books at the same time as you use Reckon to run your business. Once your accountant is finished you just import any adjustments.

Superior functionality

Reckon will do even more for you with hundreds of new and improved features. New powerful financial reporting features will help your accountant help you. Reckon Google Desktop Search now indexes your entire data file making it much easier to find exactly what you’re looking for.

Disclaimer: The information given here is purely a guide and may not be applicable to your particular business. Please contact your accountant for clarification of issues raised.