Do you have outstanding queries and unknown items in your company accounts. Whether years or months old we tend to ignore the items we cannot resolve and these can have a large impact on our accounts. This is usually due to not understanding how to solve the query or not having enought time to work it out.
Here at AccOff we will come in, review your accounts. Work with you to resolve outstanding issues and queries to tidy up your accounts. Together we will then work out a suitable plan to maintain control of your accounts.
Does it feel like the majority of your time is spent processing your business transactions? When you actually want or need to spend more time working ON your business. It is so easy to lose time on tasks that need to be done that we often don't spend time on the tasks we should or want to do. When it comes to working in your business, the aim should always be to either outsource or take on staff. This will give you time to improve and grow your business.
AccOff will assess your workload and work out a suitable plan to maintain accounts at a level that suits your business needs.
Are you at a complete loss when it comes to your accounts? Do you want to understand the basics and how to use your finance system? Sometimes we can feel at a loss when we are faced with new systems and need a little help to gain comfortability in processes and how they can help us and how we can best utilise them.
Here at AccOff we have a vested interest in helping our clients understand how the systems we use work and the best way they can be used to support your business. We will assess you to work out the level of training and support required to enable you to either perform bookkeeping tasks yourself or be able to comfortably understand the system so you can engage with it as necessary.
What is the difference between an accountant and bookkeeper?
A bookkeeper processes all your day to day transactions into a finance system. An accountant makes reports from these transactions, that help you understand the financial position of your business to allow you to strategise future plans.
Why do small businesses need a bookkeeper?
There are a lot of rules and regulations to take into consideration when completing your end of year company accounts. A trained professional will process day to day transactions correctly. This means that as well as accurate regular reporting to support your day to day business decisions, additional time and money is not wasted correcting errors.
Do I need a separate accountant and bookkeeper?
This is dependant on your business needs and services offered. Skilled bookkeepers often have the same level of knowledge as an accountant and may be better placed to offer day to day advice to support your businees needs. Bookkeepers are cheaper than accountants and may offer the same services. Find a knowledgable provider that you are comfortable working with.
When should I get an accountant/bookkeeper?
It is important that you engage advice from a professional before you start your business. This is to ensure your company is set-up to best suit your business requirements and ensures all transactions are treated correctly from start to finish, thus saving you money in the long run.
Who should do my bookkeeping?
Bookkeeping involves carrying out repetitive and routine tasks and completing those jobs in a timely fashion. A bookkeeper needs to be organised and have good time management skills. It is often the role of the bookkeeper to manage the credit control for the business providing up-to-date lists of all outstanding customer invoices and then contacting those customers with a view to collecting the debts on a timely basis.
Why is bookkeeping good for my business?
Bookkeeping may not be the most glamorous of roles and takes a lot of time, patience, and effort, but the benefits which could be used to grow the business or free up time in your working day can be very rewarding.Having your financial transactions laid out in front of you in a clear and easy-to-understand format can show you how well the business is doing, and give you some warnings when things aren’t going so well. If you don’t have the time or money to do adequate bookkeeping or hire a full-time bookkeeper, get in touch with us and ask us about our in-house bookkeeping service.
What does “in-house bookkeeping” mean?
When we refer to our in-house bookkeeping service, we mean that we can provide a bookkeeper to your business’s premises to perform all the tasks usually done by a full-time bookkeeper. Contact us to learn more about this service.
