The Bookkeeping Process
The First step is fiddly, but simple.
Your bookkeeper will bring your books up-to-date, correcting any errors, and filling in any “blanks”. This sets the foundation for your business to “get on top of things”, as your books need to be in good order before you can get your compliance right, or use your numbers to create real value for your business.
Step two is a logical follow-on from step one.
With your books finally up-to-date, it’s time to ensure they stay that way. We make it as easy as possible for you to achieve this. The secret is simple: efficiency and automation. Your bookkeeper will introduce automatic bank feeds and invoices, utilise batch payments, and streamline your bookkeeping processes as much as possible.
This is where you’ll really start to see the payoff from your bookkeeping investment.
Your bookkeeper will analyse your numbers using appropriate financial reports to identify opportunities to improve your profits, and provide you with the information you need to achieve this. The strategies they suggest will be fully tailored to your business, and may include anything from better cash flow forecasting, to cost cutting, and everything in between.
Best of all, your bookkeeper can also help you use your numbers to measure the success of any strategies you introduce, tweaking them as necessary to get the best possible results for you.
Step four is about doing it all again.
Your bookkeeper will continue to keep your books up-to-date and to look for opportunities to improve your business’s profits. Through regular reviews and constant communication with you, they’ll ensure that you have the ongoing support and data your business needs to go from strength to strength, year on year.
Are you looking for an Adelaide bookkeeping service that goes beyond compliance? Then we’d love to help. Call EzyAccounts today on 1300 313 397.