It’s the bookkeeper’s job to record all financial transactions, while accountants use the information created through the bookkeeping process for analysis. Businessmen by trade, adventurers at heart; we understand the difficulties of running a small business and balancing a fulfilling life outside of work. We offer day-to-day financial planning, personalized mentoring, and consulting services that will help you better understand the financial needs for your business and plan to meet your long-term goals. A bookkeeper in a small business records all transactions taking place. They will manage the accounts payable and receivable, account reconciliations, reports necessary to run the company, payroll functions and also prepare financial statements for management.

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You can rest assured that we will work closely with you to create actionable business plans and accurate financial reporting. We offer our toolkit of financial intelligence that will be your greatest asset for business growth. “I work in real estate and have a super complex group of books over several different companies, and they https://www.bookstime.com/articles/salt-lake-city-bookkeeping made it a seamless transition into their world. This is one of the best business decisions I have ever made.” In other words, bookkeeping gives you a clear idea of the financial status of your business at any given time. It provides vital information about the performance of your business and helps you make the right decisions.

A bookkeeper for small businesses does not deal with any legal or tax issues. Our tutors will walk you through how to take minutes at meetings, how to enhance your competency in meeting management, how to improve your knowledge in business writing and on how to improve your communication between other employees. The other modules will go onto cover the broader aspects such as business ethics, team building, administrative procedure and many more to further enhance your knowledge on office administration and bookkeeping.

An Affordable Bookkeeping Alternative to a CFO

“These guys are worth every penny, simply for the lowered stress in my life with some of the forensic accounting and ongoing accounting they do to keep my business books up to date.” We pride ourselves in being able to supply our clients with the information they need to make wise financial decisions. It’s how companies communicate their profit, loss, assets and liabilities; not only to shareholders , but also to stakeholders such as lenders , suppliers and tax authorities .

It’s better to be safe than sorry, which is why bookkeeping services make a lot of sense for small businesses. The Quality Licence Scheme is part of the Skills and Education Group, a charitable organisation that unites education and skills-orientated organisations that share similar values and objectives. With more than 100 years of collective experience, the Skills and Education Group’s strategic partnerships create opportunities to inform, influence and represent the wider education and skills sector. I think Matt did a really good job outlining how all these pieces fit together. When it comes to business development you really must look at the bigger picture. So if you’d like to learn more, click the link above and read the full article.