Is Your Accountant Doing Your Bookkeeping?

We were approached by a client who’s been using her accountant to do her bookkeeping!

The accountant had set up everything for her, but things had got out of hand. We organised for one of our bookkeepers to go and see her, and let us sort out the mess.

In her wisdom, she decided that she’d speak to her accountant before we started. Then she came back to us explaining that the accountant would look after everything.

Maybe she doesn’t realise that accountants too outsource bookkeepers, and then add a nice little (big) markup to add to their profits - so the client actually ends up paying more fees for less work.

Anything that you can do that will save them time, such as keeping your books in good shape, will save you money.

You can dramatically reduce your accountant’s bills by taking care of your own day-to-day finances.

Ever wondered why your accountants’ eyes light up when you present them with a shoebox full of dockets at the end of the financial year?

The accountants will charge their time to you and pay bookkeepers rates to get the work done. So the accountant has just made a very nice profit from a business owner who desperately needs to tighten up business operating costs.

If you’ve been told that hiring a bookkeeper is expensive, then contact us for a free appraisal of your bookeeping needs

Using a Bookkeeping Service in Gawler - An Expense or an investment

How can you make an informed decision about your business if your bookkeeping is not upto date and you don't know where you are at financially with your business?

As a successful Gawler business operator, you may have an excellent understanding of your business, and can say that you have all the information in your head.

That's why having a bookkeeper as part of your team is so important. Contact us for more details

Good record keeping should be the life-blood of your business
Since many small business owners can not afford a full time bookeeper, they choose to outsource their book-keeping requirements. That's where our team of Gawler bookeepers can help with your bookeeping.

We recently had a Hewett client who knew his business so well, that he boasted one client accounted for more than two - thirds of his business turnover.

After going through the paperwork, and bringing his book-keeping upto date in order to lodge his Business Activity Statements, we presented the figures.

This small business owner was shocked to learn that the client actually accounted for less than a third in terms of income, and was actually taking up about 80% of his time.

The business owner had no idea of where his business was. He had never requested any reports from his bookkeeper, he hadn't looked at sales figures, had a vague idea about his pending orders, and was heading for collapse.

Yet he took no notice of our warnings, because he regarded the bookkeeping to be an unnecessary expense, and only wanted the minimum of bookkeeping services.

Six months later he closed the doors on his business, before the creditors declared him a bankrupt. So he lost his whole business for the sake of a few hundred dollars in bookkeeping fees that he regarded as an expense.

Good record keeping should be the life-blood of your business, so ensure that you have a good bookkeeping system in place. Whilst the increasing amount of reporting required by the ATO for GST and BAS purposes may seem to be a negative for your business, the necessary bookkeeping can generate reports that can be a bonus to the management of your business.Contact us for more details

Myob Bookkeeping in Gawler

Both potential clients contacted our bookkeeping service in Gawler within the first hour yesterday morning.

They were in desperate need of experienced and efficient MYOB Bookkeepers. Our bookkeeping service covers the following areas: Gawler, Elizabeth, Salisbury, Tanunda, Nuriootpa, Munno Para, Smithfield, Angle Vale, Kapunda, and Freeling

Many businesses around Gawler are still enjoying the Christmas Vacation, so we were quite surprised to hear from two new clients asking about our bookkeeping services . There's a checklist that we run through when prospective clients contact us - we do not want to waste their time, and nor do we want them wasting our time. The goal is to ascertain their requirements so that we can put together a proposal that will best suit the clients needs. If you’ve been told that hiring a bookkeeper is expensive, then contact us for a free appraisal of your bookeeping needs

One client is starting a new company, and has taken a sensible step of setting up a bookkeeping system before everything else kicks off. The other client has been left in a predicament by the previous bookkeeper, leaving us the task of putting together pieces of the puzzle, and formulating the best system to move forward.

A client contacts us today, because the Client Needs a Bookkeeper in Gawler Today

By outsourcing bookkeepers business owners such as these in and around Gawler, quickly realise the benefits that this decision will make to your operations. And we understand that a client contacts us today, because you need a bookkeeper today - not next week or next month! So we will do whatever we can to schedule an appointment for a new client without inconveniencing our valued and loyal existing clients

If MYOB clients need our help - then you need it now! So contact us for a free appraisal of your bookeeping needs

Why you need a bookkeeping service in Gawler

Consider the time that you would take up doing the bookkeeping, the stress and worry of whether you are doing it correctly, instead of tending to other business matters, and the possible missed opportunities that come with not having something handled by a full-time expert in that task. Contact us for more details

At some point early on, most small businesses need to hand off their tax preparation, and at least some of their bookkeeping, to professionals.

A Professional Bookkeeping Service in Gawler
Our bookkeepers are focused on properly recording the day-to-day financial activities of your business. This may sound simpler than the review, planning, and tax-return preparation activities that your accountant engages in.

But without good bookeeping, and good books, accountants can't properly do their job. In fact, many accountants won't even take on a business client if the client cannot produce an accurate balance sheet and is unwilling to hire someone who will get his books in proper order.

Our bookeepers will record all your receipts and expenses, track accounts receivable and payable, and in the course of entering all your financial transactions also create a balance sheet for the business. As book-keepers, we can handle payroll services for clients; others prefer to work with dedicated payroll companies.

Depending on the size of the business, our book-keepers may work with a client a couple of days a week, weekly, or even just once a month or quarter. Contact us for more details now for a free appraisal of your bookkeeping needs

We are professional bookkeepers who have devised an efficient means of providing bookkeeping services at a low cost to businesses in and around Gawler, South Australia

From as little as one hour per week we will complete your books in a computerised format.

Contact us for more details and let us show you how little it will cost to get your bookkeeping under control. You simply provide us with your financial information.

How Much Should You Pay A Bookkeeper?

An increasing number of smart business owners understand the benefits of outsourcing a bookkeeper.Contact us for more details

You can hire a bookkeeper starting at about $20.00 an hour in Gawler. However, you get what you pay for. Many businesses don’t want to hire someone full-time, but most people want a full-time job. So, possibly the most desirable people with the skills you are looking for are not wanting something part-time.

Outsourcing your bookkeeping works very well.

Bookkeepers are required to do different things for different clients. For some its just data entry, like keying in data from check stubs, to bank recs. Others may need a bookkeeper to do payroll taxes, etc. Many accountants employ bookkeepers at around $25.00 and charge their clients $150 per hour for their services depending on what is required.

Experienced bookkeepers will more than likely charge more, but you’ll find they do twice the work as those charging half the rate. It is often worth paying more if your bookkeeper will be in charge of your books. A competent, efficient bookkeeper will charge you for less hours and will save you money and time in other ways. On the other hand, if your bookkeeper will be doing pure data entry, then you’ll be paying around $30 per hour.Contact us for more details

If you want to find someone for as little pay as possible - check with your local college, there are always students looking for part-time work and the opportunity to get a reference. If you want to pay someone a bit more and feel more comfortable that they are doing it right and not having to train them, etc. then consider outsourcing.

You may be short of office space, so don’t think that you have to hire anyone to actually work at your premises, they can pick up and drop off. Or you could mail / courier the documentation time and gas to drop paperwork off or have someone pick it up. And with remote systems today, people can work straight from your computer via the internet.

Hiring a Bookkeeper
You’d think it would be easier to find bookkeepers. Where are they, and when you do find them, how do you hire the best bookkeeper for your business?

Keeping track of your company’s financial data is vital. In fact, it’s so important that you can’t just leave it to chance. You need someone in charge of your books who has the training and experience to get the job done right. But finding a quality bookkeeper can be a challenge - unless you know what to look for.

Bookkeepers aren’t necessarily accountants. Accountants can provide financial advice and recommendations, whereas a bookkeeper’s job includes things like processing invoices, recording expenses and income, reconciling bank statements, and administering payroll.

Bookkeepers can be hired on a part-time, full-time, or even contact basis depending on the needs of the business. But no matter what kind of arrangement you decide to go with, your bookkeeper needs to meet certain basic qualifications.

Talk to potential bookkeepers about your business and your needs. An experienced bookkeeper should be able to relate to the specific issues you are facing and should have ideas as to how to address them.

Ask your potential bookkeeper what types of companies they have worked with. It is helpful to find a bookkeeper who has experience with companies similar to yours.

Inquire about their hours. Many bookkeepers work part-time or from home. This is not usually a problem, but it is important to make sure your bookkeeper will be available when you need bookkeeping services. For more information contact us