Bookkeeping is the process of maintaining daily records of a company or sole trader's financial transactions. Accurate and up-to-date financial records allow regular reports to be generated to help business owners make better decisions and drive growth.
What does a bookkeeper do?
Bookkeeper responsibilities can vary greatly between businesses depending on their needs and requirements. A bookkeeper will often perform some or all of the following duties including their associated tasks.
Data Entry - Input of sales invoices, Purchases Receipts, Bills and more into the accounting system.
Accounts Receivable - Recording and managing money received and money yet to be received from customers for products & services provided by the business.
Accounts Payable - Recording and managing of money paid or yet to be paid for goods and services provided by a supplier to the business.
Bank Reconciliation - Comparing the recorded transaction to the bank statement for accuracy.
BAS/IAS - Preparation and lodgment of BAS/IAS with the ATO. *
Payroll - Process payroll including employee entitlements. *
Reports - Generate reports about a financial period or cash position of the business.
At Hard Working Books - Bookkeeping for Trades, Services and other Small Business we can do all of this and more. Click Here to find out more about our pricing and packages.
* Payroll & BAS/IAS services coming soon
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