Every business deserves a great bookkeeper
A regular question from business owners is what bookkeeping services actually are and how they can truly benefit the company. The answer always stays the same: a great bookkeeper can be a life-changing experience for your business.
What is the job of a bookkeeper?
The bookkeeper records all the transactions in your balance sheet accounts – such as banks, PayPal, credit cards, loan accounts, etc. These are any accounts where you can pay people or purchase things and receive money for products or services that you have provided. However, it doesn’t end there. Your bookkeeper should also:
- Assist the owner in making informed business decisions by preparing accurate and timely management reports and financial statements
- Confirm the accuracy of all balance sheet accounts regularly
- Be aware of the proper recording of transactions for maximum tax benefits
- Invoice and collect client’s direct costs and time on time
- Reduce expenses and aligns costs with industry standards
- Oversee the accounts payable process, including vendor bills, payments, and approvals
- Ensure timely preparation, filing, and payment of sales tax returns
- Produce payroll, payroll tax returns, and calculates payroll taxes
- Ensure the budgets and cash flows are measurable
Taking care of your bookkeeping needs is a bookkeeper’s primary job. They manage accounts receivable, accounts payable, inventory, job costing, fixed assets, investments, credit card accounts, loan accounts, business owner investments, draws and disbursements from the business, budgets, cash flow projections, financing, benchmarking, and reporting.
Why does this all have so much impact on a business?
Imagine not dealing with the hassle and stress of bookkeeping for your business and family. There is no longer a concern about bills being paid or overpaid, missed filing deadlines, bank balances covering written checks, customer invoicing, and payments arriving. Doesn’t that sound wonderful?
Furthermore, imagine that you have all the information you need to take your business to the next level. You would have actual data to review and not just make decisions based on your gut instincts only.
A great bookkeeper can easily handle accounting and bookkeeping chores. As a result, your time is available to focus on what you do best – serving your customers and growing your business.
Are you looking for a bookkeeper?
The benefits of outsourcing bookkeeping are getting top-notch expertise for less money than hiring in-house employees. You also avoid having to pay payroll taxes, vacation, sick leave, and insurance for employee absences.
Halsey Resources specializes in bookkeeping services and would love to help you grow your business with the help of great bookkeeping. So give us a call today!
