Operational Bookkeeping and Payroll Management is a key area that we get to provide consulting and advisory accounting services to small and medium sized businesses. Talk to us before making any new job appointments, first to make sure that your business is in line with current employment legislation, and second, to make sure you take all the associated costs for a new appointment hire into account when you are deciding on salaries and benefits.
Bookkeeping utilising the latest technology and smart systems to reduce overhead, streamline processes and provide up to date records of accounts.
A bookkeeper is responsible for processing the source documents for a company’s business transactions. Ultimately the transactions will be recorded in accounts within the company’s general ledger.
Our Bookkeepers are accurate, efficient, and knowledgeable about debits and credits, the chart of accounts, accounts payable procedures, sales and accounts receivable, payroll, and more. Each bookkeeper’s specific responsibilities will vary by type and size of the business.
The bookkeeper’s role may be expanded to include adjusting entries in order for the bookkeeper to generate income statements and balance sheets from the accounting software.
The bookkeeper’s work is usually overseen by an accountant and/or the small business owner.
Bookkeepers play an important role in most companies. As the name of the position clearly implies, bookkeepers are tasked with the maintenance, balance, and update of accounting books. It is the duty of a Bookkeeper to record all the financial activities of the company they work for.
Since they are the ones that keep track of all the money that goes in and out of a company, Bookkeepers are employed by all sorts of organizations, both in the private and public sectors. Large companies employ entire teams of Bookkeepers to run their respective departments.
Some medium or small businesses have a single person in charge of this, whereas some others prefer to hire from companies like us (an accounting firm that specialize in providing this service to third parties). Some Bookkeepers, however, are self-employed.
Bookkeepers prepare financial reports based on the information they have gathered from the financial books they keep. Therefore, based on these reports, share-holders, managers, and experienced accountants can accurately see the financial status of the company and make informed decisions on how they should proceed on future projects.