ABOUT

It is important to understand accountants and bookkeepers are important parts of your business.  While their tasks can sometimes overlap, there are certain aspects of your business that you would specifically entrust to an accountant and others that you would give to your bookkeeper.  That said, both work to assist you with your company finances.   The responsibilities of a bookkeeper include:

• Data compilation daily/weekly/monthly/quarterly
• Expense categorisation for the general ledger
• Payroll processing, superannuation and maintaining staff records
• General ledger review to ensure accuracy
• Monthly financial reports

Accountants offer advisory services to their clients based on the updated data found in the general ledger.  These services include:

• Analysing and reviewing the financial data of the company
• Preparing financial statements and Income tax return preparation
• Tax planning guidance and advice.

Outsourcing your bookkeeping is a practical solution for small business owners.  Rather than having in-house bookkeeping or trying to do it yourself many small business owners find it advantageous to outsource their bookkeeping to a professional firm.  Outsourcing your bookkeeping will:

1. Save More Time – outsourcing the bookkeeping for your business frees up valuable time that you can spend growing your company.
2. Save More Money – by outsourcing your bookkeeping, you save money by paying a fractional bookkeeper rather than a full-time or part-time employee.
3. Expertise on Your side – you benefit from outsourcing your bookkeeping to a highly skilled team that manages the accounting for dozens of other businesses like yours.
4. Focused Staff – external bookkeepers can provide more focused work because they are not distracted with the day-to-day activities in your business.
5. Access to the best software – outsourcing your bookkeeping gives you access to the best software available at a fraction of the cost.
6. Scalability options – as your business grows your outsourced bookkeeping and accounting grow with it.

As a business owner, you want to focus on tasks that will grow your business.  Administration tasks like payroll preparation and bookkeeping do not fall into this category.  But this is still your responsibility as a business owner to fulfill these administrative tasks. Most business owners will either do these tasks themselves or manage an expensive in-house accounting department to handle them.  However, you can also outsource these bookkeeping tasks to get them done quicker, cheaper and more precise.  This is where Books2Accounts come in.

By outsourcing these responsibilities to us you will be guaranteed:

• Accurate, Up-to-date real time, tax ready books
• Easy to read monthly reporting pack
• A clear path forward knowing your finances are in order.

You will be assigned your very own dedicated account manager and bookkeeper who are easily contactable via phone or email.  Meetings can be organised via zoom if required or we also offer face to face monthly/quarterly/annual meetings if you would prefer. 

Because no two business have exactly the same bookkeeping needs, we take an individual approach to each of our clients.  First, we will do a detailed interview to learn about your business and your bookkeeping and financial reporting needs.  We then will use this information to tailor a bookkeeping package that best suits you.   

However big you think your mess is, chances are we’ve seen and cleaned up bigger ones.  We’re experts in getting financial material organised and caught up after months or even years have gone by. 

Absolutely.  We value our individual clients and look forward to preparing their tax return each year.