So, who’s going to keep a proper track record of financials after you set your business off the ground? Now, this is where professional, reliable, and trustworthy bookkeeping services like Santa Rosa bookkeeping services comes to your rescue. A good, proficient, and dependable bookkeeper will not only stay on top of business’s financials, but will also keep you informed regarding the financial health of your business.
It is a well-known fact that the role of a bookkeeper in a company varies greatly depending on the nature and size of the business. If it is a small-scaled company without an accountant, it is obvious for the bookkeeper’s duties to be extensive.
At a minimum, a bookkeeper not only processes the relevant paperwork for business transactions but also collects the information, and records it accurately in the general ledger accounts of the company. Often reviewed by an accountant, a bookkeeper could be a prolific addition to any company. Now, let’s find out more about the basic duties and operations that a bookkeeper can perform for your business.
What Does a Bookkeeper Do?
The list of tasks and duties that a bookkeeper can perform is never-ending. Chasing payments, producing invoices, preparing business owners for tax deadlines, and processing payrolls are some of the common things that a bookkeeper can do for small-scaled businesses.
A bookkeeper ensures that all of the company’s income, expenses, and transactions are properly recorded in the company’s account books on a regular basis. Besides maintaining transactions, a bookkeeper can also prove to be helpful for businesses by preparing financial statements and reports every month. It is essential for you to know that although bookkeeping is an in-house job, a large number of small as well as large-scaled businesses prefer employing bookkeepers on a freelance basis.
It is a well-known fact that bookkeepers can wear different hats, depending on what a company needs. So, let’s find out about all the tasks a bookkeeper can perform for your business.
- Routine Accounts Management – A proficient bookkeeper can easily stay on top of your business accounts, and maintain those for all transactions. So, having a bookkeeper to keep a track record of every sale and purchase will eventually allow you to monitor your cash flow in the best possible manner.
- Keeping Business Aligned with Laws – It is a well-known fact that tax is a sensitive area, and hence, having a bookkeeper will ensure that your company stays well-aligned with the relevant laws.
- Manage Bank Feeds – Bookkeepers not only manage accounts and transactions at the basic level but also manage bank feeds in order to help you track every transaction in real time.
- Handle Payable Accounts – It is important for you to know that bookkeepers usually make payments on behalf of business units, and at the same time, handle payable accounts. It actually includes everything ranging from petty cash to supplier invoices and expenses.
Do You Need a Bookkeeper for Your Business?
Well, with all the significant bookkeeper’s duties mentioned above, it is obvious that you will need a bookkeeper for your business. A good bookkeeper will not only make your life less taxing but will also allow you to focus on the prime needs of your business-like productivity and revenues. For more information, you can contact Virtual Jeannie Bookkeeping Services Inc. at 707-664-1425, and learn more about professional bookkeeping services.