WHAT DO BOOKKEEPERS DO
It's simple – we keep the books!
We are financial record keepers for businesses. We liaise with coworkers at all levels to obtain information needed to post accurate and complete transactions of the business.
Let Us Help You!
We offer a free consultation to do a preliminary assessment of your needs.
Bookkeepers Typically:
- Use QuickBooks®, Simply Accounting - Sage® or other bookkeeping software, online spreadsheets and databases
- Enter financial transactions into the accounting software
- Receive and record cash, cheques, credit card transactions
- Assign costs and income to appropriate accounts
- Produce reports (balance sheets, income statements, aged accounts receivable, accounts payable reports) for management review
- Balance, update, reconcile bank and credit card records to related monthly statement
- Maintain general ledger/sub-ledgers: accounts receivable, accounts payable, inventory etc.
Getting the Right Bookkeeper
Maintaining and updating financial records is a time-consuming task and requires long periods of uninterrupted time. An organized system to receive bills, submit invoices, prepare and submit expense reports, pay bills, and prepare/pay payroll is essential to maintaining the bookkeeper’s efficiency.
- What are the levels of a bookkeeper?
- Is your current bookkeeper at the right level for your business? Check our competency guide.
- How much bookkeeping time do you need? Take this online assessment.