Still wondering how a bookkeeper can really help your business? The answers to your questions are below.
How much will a bookkeeper cost me?
We have a selection of bookkeeping packages that offer a range of services, depending upon what your business needs..
Our packages are simple and affordable but if we don’t have one that specifically suits, we will customise one for you.
Visit our Bookkeeping Packages page for more information.
Why do I need a bookkeeper?
Many businesses start with the owner doing everything because they are excited and passionate about the business and getting it off the ground. It doesn’t take long before everything gets too much and then things can be missed, forgotten or not done properly. It’s impossible to do everything yourself and do it properly.
It’s time to get a bookkeeper when:
- Keeping up with bookwork is taking you away from your business and doing what you’re good at
- Doing the books is eating into your personal time and taking you away from your family or friends
- You don’t know if transactions are being recorded correctly
- The workload and transactions have substantially increased since you first started
- Your bookkeeping and Business Activity Statements are being done by your Accountant and these fees are too high
We can lighten the load on a business and remove the day-to-day recording of receipts, invoices and other transactions.
Can a bookkeeper save me money?
Most definitely! Although some business owners feel it is an unnecessary cost and something they can do themselves, a lot do not have the skills to keep and process financial records correctly.
A bookkeeper will implement strategies to save you money and streamline your record keeping habits.
By engaging a competent bookkeeper, you will generally also find that cashflow is improved and bills are therefore easier to pay.
Will a bookkeeper save me time?
For sure! You will wonder what you ever did without a competent bookkeeper.
Time is always something that a small business owner needs more of. A bookkeeper will free up your valuable time to work on other areas of your business.
How can a bookkeeper help with my record keeping?
If your records and receipts are in bit of a mess, a bookkeeper will certainly be able to help with this.
It is their job to keep accurate records and implement a suitable system for the keeping of your records.
A good bookkeeper will also:
- understand the compliance requirements of your business
- ensure compliance requirements are recorded correctly and lodged appropriately
- be up-to-date with the most effective and efficient systems available
- provide improved business reporting to assist in decision making
Will my bookkeeper ensure confidentiality?
Absolutely.
Registered BAS Agents and members of professional associations are also bound by a Code of Professional Conduct including:
- Honesty and Integrity
- Independence
- Confidentiality
- Competence
- Other Responsibilities
I’ve got an accountant. Why do I need a bookkeeper?
Both are vital to a small business and they each have an important role to play.
Accountants will look at the accounts that have been created, make any adjustments and then use the information in the accounts to file tax returns and other official reports.
An accountant will generally assist you with:
- general business and financial advice
- preparation of tax and statutory returns
- advice on entity and business structures
Accountants are usually members of an association such as a CPA (Certified Public Accountants) or CA (Chartered Accountants).
A bookkeeper can have a range of responsibilities within a small business but primarily the recording and reporting of transactions. They do the day-to-day work and bring the accounts up to a high standard of detail and accuracy.
A bookkeeper can assist with:
- use of accounting software to record financial transactions
- payroll, superannuation, leave and entitlements
- invoicing and accounts receivable
- payment of bills and accounts payable
- development and implementation of record keeping system
- software training
- preparation and lodgement of Business Activity Statements and Instalment Activity Statements
It is also important for your accountant and bookkeeper to work together in assisting you with your business.
I’m not in the Hawkesbury. Can you still help me?
We’d love to.
Hawkesbury Bookkeeping is based in the Hawkesbury on the outskirts of Sydney. We love helping local businesses within our area however we can help you no matter where you live.
Online solutions make it easy to do business no matter the location.
Why do I need a BAS Agent?
A BAS Agent is registered with the Tax Practitioners Board and therefore able to provide you with BAS Services.
BAS Services capture the majority of services provided by most bookkeepers, not just preparing Business Activity Statements.
Engaging a BAS Agent ensures that you are dealing with someone that has the necessary qualifications and experience and meet the requirements of the Board.
Both (Riverbank Homes Pty Ltd trading as) Hawkesbury Bookkeeping and Jo-Anne Goldsworthy are Registered BAS Agents.
I’m sick of chasing money. How can you help?
Chasing money is a speciality of ours.
We can implement systems to see the money flow through the door.
The regularity of sending invoices out and the chasing of outstanding money will see a huge improvement in your cashflow and therefore your piece of mind.
Find at more by visiting our Accounts Receivable page.
What is online accounting?
Online accounting software means that your data and software is accessible online anytime, anywhere, from any device. The means that your hard drive is no longer the place where data or software is stored.
Find out more by visiting Online Cloud Accounting