A question many small business owners find themselves asking, is why to hire a bookkeeper when you already have an accountant.
An accountant is able to provide you tax services, analyse the big picture of your business and offer strategic advice.
While all of these services are vital to the growth of your business, you may find yourself only visiting your accountant once a year.
On the other hand, a bookkeeper can perform the day-to-day tasks you may find challenging and menial, like recording sales and purchases transactions or processing your payroll.
These tasks require constant attention and maintenance and by keeping your transactions up-to-date, your bookkeeper is able to provide you with current reports to identify weaknesses in your business that require attention. This present time reporting will allow you to gain a clearer picture of your accounts payable, accounts receivable and cash flow so you can act sooner rather than later saving you money and time in the long run.
Hiring a bookkeeper means you can save time and money while you focus on the business you know best – yours! A bookkeeper can take the stress out of knowing your ATO responsibilities and correctly reporting transactions, which will assist your accountant at year-end.
A good professional bookkeeper should cater to your needs in a cost-effective and convenient manner. Accountant Ready Services offers both offsite and onsite options and are available as and when required. Contact us here.