What Are the Duties of a Bookkeeper?

Your bookkeeper is responsible for maintaining your business’s important accounting records known as ledgers. They should record and manage your company’s financial activities and enter financial data into the general ledgers. Here are some common duties of a bookkeeper. Data Entry Your bookkeeper is responsible for keeping records of all financial transactions of your business. They should enter the transactions into your system promptly and accurately, assign them to the appropriate accounts in your accounting software, and generate weekly or monthly reports that offer valuable insights into your business's performance. Expense Tracking Your bookkeeper records business expenditures and then cross-checks [...]

Smart Monkey2023-09-01T03:35:13-07:00August 23rd, 2023|Bookkeeping|0 Comments

7 Signs You May Need Payroll Outsourcing Services

Let’s admit it – payroll is complicated. Payroll processing is a challenging, tedious, and time-consuming task. If you handle payroll in-house, your employees might unintentionally make costly errors that could have long-lasting repercussions for your business. Moreover, they may struggle to stay focused on their core tasks. Instead of attempting to handle payroll internally, consider outsourcing it to a payroll processing company. Your outsourcing partner will manage your payroll. The provider’s team will take care of all payroll processing tasks such as gathering essential employee tax details, computing net pay, and ensuring timely payments to your employees, so your employees [...]

Smart Monkey2023-08-31T22:42:22-07:00August 16th, 2023|Payroll Services|0 Comments