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WHAT CAN A GOOD BOOKKEEPER DO FOR ME?

A GOOD BOOKKEEPER IS VITAL FOR ANY BUSINESS!

Bookkeeping is a vital part of any business no matter what! Keeping good records of you financial statements, invoices and receipts can not only save you time, but money too, along with helping you know how your business is generally performing.

It can be daunting, and the question is always what can a good bookkeeper actually do for me? No worries! UAS are the best bookkeepers there is, and we have put together some information on how a good bookkeeper should perform for you. If your current bookkeeper does not do the following for you, contact us, we will put together a working plan to get you there, and it won’t cost the earth! In most cases , it will actually be more affordable with us.
So, here we go..
 
CORE RESPONSIBILITIES OF A GOOD BOOKKEEPER.
Recording and managing financial data is more complicated than copying receipts into a spreadsheet, and bookkeepers are responsible for a whole set of tasks outside of simple data input.
 
In order to be proficient at their job, bookkeepers must have a strong understanding and experience with specialised accounting software. This allows them to create advanced data records capable of producing a variety of detailed reports, looking at anything from gross profit to specific expenditures. Bookkeepers are also responsible for data reconciliation — ensuring records match bank statements and cash transactions.
 
Other responsibilities and tasks a bookkeeper will carry out include:
 
Calculation of interest and investments
Managing business repayments
Maintaining a journal of asset depreciation
Setting aside money for corporation tax
Producing invoices
Monitoring purchase orders
Chasing debtors for payment
Producing aged debtors and aged creditors report
Paying in cheques from customers
Paying suppliers and creditors, such as HM Revenue & Customs
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