While you may have done everything else yourself to set up and run your business, you may be wondering, do I need a bookkeeper for my small business?
The answer depends on how comfortable you are with the accounting software you’re using – and whether your time would be better spent elsewhere within your business. Below we share 4 benefits of using a bookkeeper and what costs might be involved.
At Stellar Accounts, we can help you with a little or all your accounting needs from business advice, bookkeeping and BAS, accounting software setup and training to taxation. We are 100% online CPA (Certified Practising Accountant) with over 20 years’ experience.
Bookkeeping for Small Business
We know how much work is involved in running a small business – we are one too!
So why not take some of the pressure away and have a professional help with your bookkeeping requirements.
At Stellar Accounts we want to make your accounts as simple as possible which is why are completely online and virtual, there’s no need to waste time travelling to and from accountant appointments.
Not only will you have more time to spend on running your business, having all your files and receipts online rather than in a shoebox will ensure you have the best practices in place to easily recover any information down the track. This can also save you money and a lot of stress come tax time.
Why Do You Need a Bookkeeper?
You may benefit from a bookkeeper if;
- You are a business that doesn’t have a staff member responsible for collating receipts and documentation for quarterly BAS reporting.
- Sole traders that already wear a lot of hats from admin to marketing, trades and customer service.
- Small businesses in the start-up stage where the business owner is busy working on the tools.
- A sole trader or business that’s looking for an independent expert that can quickly navigate accounting and export reports to offer recommendations based on your business numbers.
Costs of Bookkeeping
Stellar Accounts offer flexible options for your business needs. We can provide full-service bookkeeping to what suits you – weekly, monthly or quarterly or even on an adhoc or rescue work basis. Our packages are tailored to your needs and can include;
- Ap processing.
- Payroll processing.
- Bank reconciliation.
- Set up of chart of accounts, bank feeds etc.
- Support and assistance.
You can also receive discounts on BAS and tax returns. Our BAS packages include review of bookkeeping and GST coding, provision of P&L for discussion and preparation of BAS.
Do I Need a Bookkeeper for my Small Business?
Stellar Accounts is Brisbane’s leading small and new business accounting firm. We have a reputation for simplifying your accounting, tax and bookkeeping needs so you don’t need to stress or worry.
With more than 20 years’ experience across a wide array of industries – our clients (typically small and medium sized businesses) – gain a distinct advantage over their competitors because we keep them in the loop of the latest information and regulatory requirements. Call us on 0428 887 104.
Check out our blog for the latest news – including tips and tricks for better managing your business or personal financials.