Posted by beancounter | Posted in Bookkeepers, Bookkeeping, MYOB, Quickbooks, Small Business | Posted on 25-01-2009
When a financial planner contacts a bookkeeping service because they are eighteen months behind in the paperwork, there’s a touch of irony.
It’s like the sparkie who still hasn’t wired up some extra powerpoints in his house though his wife’s been nagging him for three months
Or the accountant who has not lodged their own tax return for a couple of years
Business owners can get so caught up in the busy-ness of every day activities that they can never seem to find time to work on their business.
Even financial planners need the help of freelance bookkeepers to help them with the genera bookkeeping duties such as entering customer and supplier invoices, entering receipts, and calculating fuel expenses etc
Unless you’re passionate about bookeeping, you’ll always find excuses for putting it off.
As a bookkeeping service covering Robina to Burleigh, Varsity Lakes to Mudgeeraba, we are often called up to tidy up the mess that has accumulated over the past few months. Contact us for details
Even with purchasing an accounting software package such as MYOB or Quickbooks, the business owner is still faced with the task of having to find a few spare hours a week or a month to enter all the book-keeping data.
Unless you have a passion for doing the bookeeping yourself, you’ll always find excuses for putting it off. After all, why should you make bookkeeping a priority of your Robina, Burleigh, Varsity Lakes or Mudgeeraba business?
A widget-maker may know all about widgets, the different sizes and colours, the various strengths and applications for widgets, and have many others skills and knowledge involved in widget making.
So why do you want to spend time away from widgets to have to learn how to use an accounting software program? Then you’ve got to learn where to allocate your sales invoices. Maybe you need to make up a template with your company logo to issue invoices from MYOB or Quickbooks to send to your customers.
Then you have to prepare any reports that are needed by your accountant to lodge your tax return. And what if you make a mistake when entering the data. If you are not experienced in bookkeeping, or have not used a book-keeper, then you could find that you either produce a set of accounts that are not a true reflection of your business, or you find that the bookkeeping figures do not balance.
Meanwhile, you’ve got yourself totally stressed out, and discovered that you’ve spent so much time on trying to be the bookkeeper in your business, that you’ve lost a couple of very valuable sales orders because you haven’t had time to make any widgets.
Your financial planner would probably suggest to you that you need to spend time and effort in your business making the money. Just as you’ve turned to a financial planner for guidance in your financial future, it makes sense to turn to a professional bookkeeping service that covers Robina, Burleigh, Varsity Lakes and Mudgeeraba to look after your bookwork
By outsourcing a bookkeeper, do not feel that you will lose control of your finances. Indeed, in many cases the result is quite the opposite. By having your financials kept upto date by your bookkeeper, you can get regular reports, do month by month comparisons, and see if your business is heading north or south
Many small business owners will say, “Yes, but I leave all that to my accountant!” Well, that’s all well and good, but is your accountant basing decisions on current financial data, or is he looking at your bookkeeping figures from last year?
If your paperwork is in disarray, don’t panic!
Contact our bookkeeping service covering Robina to Burleigh, Varsity Lakes to Mudgeeraba, and we can come in and tidy up the mess that has accumulated over the past few months.
Why do you want to know if your bookkeeper can fix a leaking pipe?
Do you know that saying:”A Little Knowledge is a Dangerous Thing”? When applied to an accounting software package like Quickbooks or MYOB, it can become costly.
The Rudd Government recently announced that it’s found a way to help small business owners. 
A new client contacted us out of desperation. Struggling to prepare all the documentation for the Business Activity Statement, she could not get the figures to balance.
Get a phone call from an individual who’s received the dreaded letter from the ATO: “Where are your last SEVEN years of Income Tax returns?”
In a tight economy you need to ensure that you have a handle on what money you owe and to whom, and what money is owed to you and by whom. 
Many people are returning to work today after the Christmas / New Year break. 
With Christmas out of the way, and many small businesses returning to work, it’s time to get all your paperwork together and get it to your bookkeeper or outsourced bookkeeping service- to report on the 2nd quarter (1 September to 31 December 2008) to get your BAS lodged on time.
