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How a Small Business Owner and Bookkeeper Can Work Together

What does a bookkeeper or BAS agent do?

How can they assist you in meeting your obligations as a business owner?

What should you expect in terms of qualifications and experience?

Why You Need a Bookkeeper

  • To keep all of the records up to date so you can get accurate financial reports, and to assist with legal record keeping requirements.

  • To help in keeping your end of year accounting bills down; by accurate processing throughout the year, there are fewer adjustments required by the tax agent.

  • To avoid late penalties by making sure the GST, PAYG tax and superannuation compliance obligations are attended to.

  • Free up your time so you can work on your business rather than trying to do tasks better done by an expert bookkeeper.

  • Receive information about patterns, trends and cycles, areas of growth or reduction and potential issues.

  • Minimise the risk of fraud by having another set of eyes overseeing your accounts and conducting ongoing auditing and assurance.

  • Having someone on your side that can advise and support you in many aspects of your business – from daily operations and business systems to the big picture of how your business is performing and achieving business goals.

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