18/08/2017
Why You Need a Bookkeeper
• To keep all of the records up to date so you can get accurate financial reports, and to assist with legal record keeping requirements.
• To help in keeping your end of year accounting bills down; by accurate processing throughout the year, there are fewer adjustments required by the tax agent.
• To avoid late penalties by making sure the GST, PAYG tax and superannuation compliance obligations are attended to.
• Free up your time so you can work on your business rather than trying to do tasks better done by an expert bookkeeper.
• Receive information about patterns, trends and cycles, areas of growth or reduction and potential issues.
• Minimise the risk of fraud by having another set of eyes overseeing your accounts and conducting ongoing auditing and assurance.
• Having someone on your side that can advise and support you in many aspects of your business – from daily operations and business systems to the big picture of how your business is performing and achieving business goals.
• To keep all of the records up to date so you can get accurate financial reports, and to assist with legal record keeping requirements.
• To help in keeping your end of year accounting bills down; by accurate processing throughout the year, there are fewer adjustments required by the tax agent.
• To avoid late penalties by making sure the GST, PAYG tax and superannuation compliance obligations are attended to.
• Free up your time so you can work on your business rather than trying to do tasks better done by an expert bookkeeper.
• Receive information about patterns, trends and cycles, areas of growth or reduction and potential issues.
• Minimise the risk of fraud by having another set of eyes overseeing your accounts and conducting ongoing auditing and assurance.
• Having someone on your side that can advise and support you in many aspects of your business – from daily operations and business systems to the big picture of how your business is performing and achieving business goals.
Reference ICB newsletter
