The accountant and the bookkeeper: A match made in financial heaven

CraigBusiness Process, Cloud Accounting, General

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With 1,440 minutes in a day, it’s no surprise small business owners hustle to make every minute (and dollar!) count. We know tracking financials can be a chore, but it doesn’t have to be.

Tell-tale signs you need a bookkeeper 

  1. No time to work on the business
  2. You don’t understand your compliance requirements
  3. You don’t understand your cash flow
  4. Invoices are unpaid, and you don’t have time to chase late payers
  5. You are paying late fees or missing lodgement dates
  6. You are paying an accountant to do your bookkeeping
  7. You don’t understand your business technology and lack internal processes

Regardless of where you are in your business journey, getting the right business advice is crucial.

An accountant’s main focus is:

  • giving strategic business insights and financial advice
  • the preparation and lodgement of statutory returns
  • advising on legal entity structures

A bookkeeper’s service will include:

  • recording financial transactions on a day-to-day basis
  • streamlining business processes for purchases, payments and receipts
  • supporting the preparation of data for the accountant

Together, a bookkeeper and accountant are committed to the financial success of your business.

Keep your business running smoothly

Being informed financially is a key part of being efficient in business. When you understand the financial position of your business you can make smarter business decisions.

Tracking business financials shouldn’t be a chore.
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