Double Entry

by

Do Your Own Bookkeeping

If you own a small business than bookkeeping just comes with the territory. If your books are not in order you will feel the pain come tax season. With a task such vital as bookkeeping, is it really something that you should be doing yourself or should you hire a professional to take care of it for you? According to an article, a bookkeeper’s job is to ensure that all the financial transactions for your small business are accurate and organized. You can do your own books if you have the time necessary to dedicate to such an endeavor. However, as a small business owner you already have a huge workload so if you can get someone else to accomplish this task and manage it for you that would be wise. If you are the type of business person who is not overwhelmed with other sections of your business and you have a background in accounting, then by all means, do the bookkeeping yourself. According to a bookkeeper article, you should ask yourself these questions to see if being your own bookkeeper is right for you. The questions you should ask yourself are: Do you really want to be in full control? Can you allocate the time necessary to bookkeep? Do you even care about maintaining your books? Would doing your own bookkeeper make financial sense?

How about hiring a bookkeeper so that you can get some exercise and have walking meeting with potential clients? If that sounds like a good business move for you than how about heading on over to Foot Locker to check out the great selection of walking shoes. At Foot Locker, you will find the best selection of shoes for men, women and kids in various brands and types. Shop Foot Locker today and save with their partnership with Groupon Coupons you will save lots of money.

Do Your Own Bookkeeping

Before shopping Foot Locker for your new shoes be sure to see Groupon Coupons for money saving coupons and promo codes. Right now, get $20 off your order when you use this code. Enjoy saving right away and get 15 percent off with this promo code. Get 10 percent off when you spend $50 or more with this code. Get up to 50 percent off big name items with this code. Shop during the Nike sale and get $80 off! Enjoy up to 20 percent off shoes, apparel and more with this code. Get up to $200 off during the men’s sale. Enjoy free shipping with this code. Use this promo code and get $10 off. Labor Day sale is going on now! Use this coupon and save on Jordan! Shop on Monday and get up to 50 percent off with this coupon. Get an $20 off your next purchase with this coupon. Vote and get a free gift! Use this code and save on Nike hoodies with $24 off. Enjoy up to 60 percent off boots with this code. From free shipping on over 10,000 items to savings on gift cards you will always be saving money when you visit Groupon Coupons first.

Now is the time to treat yourself to a new pair of shoes from Foot Locker. Be sure you stop on by Groupon Coupons first for huge money savings.…

by

Accounting Bookkeeping Software –It's Everywhere

    

We realize that Bookkeepers keeping can be considered a boring process and making blunders can create havoc when controlling the catalogs. Time spent looking for problems is time lost growing your business and producing results for your visitors. Invest the time to be sure your literature are current and correct, you can save and your duty preparer from a headaches later on. Bookkeeping doesn’t have to be always a traumatic experience. You merely have to be aware of some typically common pitfalls.

Listed below are the five most popular Bookkeepers mistakes we see and how to prevent them!

Not Maintaining Your Books Current

It requires a great deal of work to perform a business and we understand time is bound. That doesn’t imply that you should let your ledger entries start burning. If you established a scheduled appointment or reminder to revise your records on the weekly or for the most part, by using an every-other-week basis, you’ll have a clearer knowledge of your financial picture. Regular revisions will also help Bookkeepers avoid forgetting something or the details of a cost.

Failing Woefully To Perform Periodic Profile Reconciliation

This goes together with the prior point. When you have your information current, you can make sure that your money is where it ought to be. This allows that you monitor the pulse of finances. We recommend reconciling your ledger at least one time per month along with an increase of detailed quarterly and gross annual reports.

Not Keeping Business and Personal Documents Separated

This may seem to be to be always a simple enough principle nevertheless, you would be surprised at how easy it is to improperly categorize an individual expense as a company expense. Exactness in your entries can help keep the eye of the IRS off you and preclude an audit. Improperly assigning a cost may cost Bookkeepers a sizable timeframe, money and the opportunity of large fines.

Failing Woefully To Back up Your Computer Data

In today’s scientific age keeping documents electronically isn’t just good business sense but also ways to make certain you get access to that information for a long time to come. That security could maintain jeopardy, however, if you aren’t keeping a backup of your details. A few methods for Bookkeepers to keep an electric backup of your files are to support your data on your pc, a USB thumb-drive (which may then be stored in a fireproof safe), and perhaps online by way of a secure service such as QuickBooks Online Back-up. The expense of a back-up is small in comparison with the satisfaction you should have knowing your computer data is safe!

Communication

The business world fund can be challenging. It’s important to know that you will be not by yourself and that you have someone you can get in touch with when you yourself have a question. Not requesting help from a specialist is a blunder that will come back again to haunt you a few months or even years later on. Whether a question how to create QuickBooks, how to categorize a cost or how to increase your taxes benefits, our company is here to help!

When you have any questions please do not wait to get hold of us. Remember, the earlier Bookkeepers create good behaviors in these areas, the simpler it’ll be to keep them like that! Look at this: http://bookkeeperco.com.au/.

 …

by

QuickBooks Enterprise Solutions - Help With Bookkeeping

 

Over the last five years or so, there seems to have been a boom to the bookkeeping world and more remote bookkeepers Melbourne are needed. Now, for the most part, outsourcing to a bookkeeper caught most business owners by surprise as they thought this was a fade that would never catch on. However, it is really making its mark in the business sector and there is no sign it’s slowing down. Still, there are thousands who look at doing their books themselves as they think it’s easier but is it? What are the advantages and disadvantages of doing your own books and is a bookkeeper needed?

No Prying Eyes

Doing your own books really is appealing for a variety of reasons and one of those reasons and advantages has to be who actually has access to them. If you handle the books yourself then you know it’s very unlikely anyone apart from yourself will know the books of the business which means only you know how steady it is. That can be a good thing and something in which many owners want too. However, it isn’t all without its downsides; to find out more check out www.bookkeeprco.com.au.

You Have Total Control over the Bookkeeping

However, another great advantage of opting for at home bookkeeping has to be the control side of things. When you take care of the books, it’s you who is technically in charge which means no-one butts in and tries to take over. This can often put your mind at ease and many business owners feel comfortable also. It certainly can be a lot less hassle too handing the books over to a bookkeeper Melbourne who might take days to complete.

Mistakes Are Only a Step Away

One major disadvantage of doing your own books has to be the costs. There are going to be great costs attached to doing your own books if and when you make a mistake. Now, mistakes are going to happen especially if you are untrained and haven’t much experience in this area. The worst part is those mistakes are hard to spot too. Mistakes occur too easily and they can impact the business because it’ll cost potentially thousands to correct.  www.bookkeeperco.com.au is a useful source to look into.

Bookkeeping Is Hard

Let’s be honest, bookkeeping is quite a vast field. You have so many areas within this and for the most part, its complex. If you don’t have proper training, things will look more complicated than what they are and its tire you out. Spending money training for this isn’t always practical either and if you don’t have the time for it, it’s not ideal. Bookkeepers Melbourne on the other hand is already trained. You can leave them to handle the necessary tasks while you sit back and relax.

You Must Hire a Bookkeeper Melbourne

Bookkeeping has always been a gray area for thousands of people around the world and it’s easy to see why. It’s all about numbers, info, data and ensuring it all tallies up isn’t easy. Mistakes are really easy to occur simply because untrained eyes make human errors. Opting for a bookkeeper might just take the strain and stresses from your shoulders. It makes sense to hire a bookkeeper Melbourne today.…

by

5 things every bookkeeper should know about online marketing

If you’re a bookkeeper, then you should be well aware that the age of digital marketing is upon us, and sadly we all have to adapt. Like it or love it, there’s a lot of digital to go around- it’s time you took your slice of the pie.

What’s worked for bookkeepers in the past?

The focus of small business marketing for bookkeepers in that past has always been networking and referrals. These are, indeed, powerful strategies for client acquisition, and particularly work well for small companies who do not have the time and budget for large scale advertising. Newspaper and classified listings were likely the other strategies tried. These are all, of course, good methods. However, with the rapid advent of the digital landscape, other options are available, and it’s foolish not to exploit these avenues to maximise your revenue.

It doesn’t stop at having a website.

Many seem to think that ‘having a website’ is all they need. It’s far from that. Firstly, most people do not have the right sort of web design. A website shouldn’t simply be a list of services you offer. It should be a tool to help establish you as a credible entity in the bookkeeper market. The design needs to be pleasant- a modern and clean design is enough, no need for a circus. It needs to establish certifications and affiliations you hold, and the copy needs to be professionally written. Personalisation, balanced nicely, makes you feel like a human entity, and your contact details should be easy for the client to access.

Other digital avenues to explore.

Let’s face it- google is god when it comes to the search arena. Good SEO– or the ability for google to adequately scan and rank your site- is essential if you hope to make it onto the radar when it comes to people’s searches. Use reputable online directories, GoogleMyBusiness, and good website copy to maximise your chances. Targeted google ads and a good blog will help put you on the radar too. Yes, you are a bookkeeper not a digital wizard, but a little work will go a long way.

Email marketing is an effective online marketing tool too, if you put the right work into it. A client newsletter that synchronises with your blog can be a great way to start. The idea is to make yourself stand out in an oversaturated market. Social Media can also be a great way to achieve this.  Social Media seems like a great time waster, but used the right way can cultivate a lot of user trust and visibility. For a professional, LinkedIn is probably one of the best ways to expand your network and make a name for yourself. Complete your profile totally for the best results.

Used correctly, digital spaces can be a great way for a bookkeeper to advertise and stand out from the crowd, as well as enhance their visibility and reach more users each month.…