The simple answer is: “All the financial record keeping you don’t have the time or expertise to do properly”. A good bookkeeper will be a huge asset to your business because we have the knowledge and experience on how to accurately manage your business’s financial records. We can also provide insight into potential financial issues in the business.
Your accountant is someone who offers high-level tax and financial advice.
So as your bookkeeper we will manage the ongoing financial transactions of your business while your accountant will manage your tax and financial advice.
In saying that, we believe that having a good working relationship with your accountant will only benefit your business. By liaising with you and your accountant, it ensures that all of your business requirements are met without double handling of paperwork, information, data entry and lodgements.