Important Things Every Bookkeeper Wants You to Know

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Bookkeeper

The words bookkeeper and bookkeeping tend to send shivers down people’s spines, even business owners who have no idea what bookkeepers do. The good news is that bookkeepers are there to help you with your books — they don’t want to replace you; they want to help you grow your business! That said, there are a lot of misconceptions about bookkeepers that we want to make sure you know before you try to work with one of us or hire someone new.

Give us your receipts

  • We want your receipts, and we want them organized. Please don’t just throw them all in a box and hope for the best. 
  • We can help you get organized, and we will work with you to find a system that works for you and your business. 
  • We can also help you go paperless, which can save you time and money in the long run. 
  • We can answer any questions you have about your finances, and we will give you peace of mind knowing that your books are in order. 
  • We want to work with you to grow your business, and we will do everything we can to help you succeed.

2) Understand that we charge by the hour

Many people don’t understand that bookkeepers charge by the hour. This means that the more hours we work, the more we charge. However, this also means we can work as little or as much as you need. We can also do things like the train you on how to do your bookkeeping so that you can save money in the long run.

Caboolture bookkeeping can help you save money on your taxes by ensuring that all your deductions are accounted for. We can also help you file your taxes electronically, which can save you time and money.

Provide as much information as possible about each transaction

  • Bookkeepers track and record all financial transactions made by a business. This includes sales, purchases, receipts, and payments.
  • They keep records of all the money coming in and out of business. This helps them to identify trends and areas where the business is doing well or could improve.
  • Bookkeepers reconcile bank statements and credit card statements with the businesses’ records. This ensures that all transactions are accounted for, and there are no discrepancies between the two sets of records.
  • They prepare financial reports such as income statements, balance sheets, and cash flow statements. These reports give business owners and managers an overview of the business’s financial health and performance.

Be sure you save copies of everything we need

As your bookkeeper, it’s our job to keep track of your finances and ensure everything is in order. To do this, we need you to save copies of everything we need, including receipts, invoices, bank statements, and more. This may seem like a lot, but we must do our job properly. Plus, it’ll save you time and money in the long run.

Use our software with ease

Our software is designed to be user-friendly so you can get started without any bookkeeping experience. Plus, our team is always available to answer any questions you may have. Caboolture bookkeeping has never been easier!

Use modern tools for accounting, not your checkbook ledger

  1. Technology has come a long way in the accounting world, and many tools are now available to streamline the bookkeeping process. Bookkeepers can help you take advantage of these tools.
  2. One of the most important things a bookkeeper can do is keep track of your finances and ensure that your books are up-to-date. This includes keeping track of income and expenses and any assets or liabilities you may have.
  3. A bookkeeper can also help you create financial reports, which can be used to make informed business decisions. These reports can include balance sheets, profit and loss statements, and cash flow statements.
  4. Another important task that bookkeepers often handle is preparing tax returns.

Ask how we send our reports

How do you want your reports? Do you want them printed and mailed to you, or would you prefer to receive them electronically? At Caboolture Bookkeeping, we can send your reports however you like. Just let us know what works best for you.

Get to know your bookkeeper. We can help you make better decisions.

  • We keep track of your money, so you don’t have to. 
  • This includes income, expenses, and assets. 
  • We also reconcile your accounts to make sure everything matches up. 
  • This way, you can be confident that your financial statements are accurate. 
  • We prepare and file your taxes, so you don’t have to worry about it. 
  • We can also help you set up a budget and track your progress over time.