Why We Love A Bookkeeper

Why We Love A BOOKKEEPER

(And You Should, Too!)

Bookkeeping is a growing profession which involves

RECORDING, ANALYZING and INTERPRETATION Of financial transactions on day-

to-day basis in appropriate books of account related to business.

How bookkeeping is essential for small business

Expenses Record

Tax Paying

Maintaining Cash flow

RECORD

Saves your Time

Saves your Money

Prevents you doing costly mistakes

Bookkeeping is accomplished by a Bookkeeper.

Also known as Accounting clerk or

Accounting technician.

A bookkeeper is in charge of writing Daybooks.

A professional Bookkeeper should:-

Know the appropriate use of bookkeeping package.

Understand transactions and how to enter them.

Entry their transactions regularly.

Reconcile bank statements

Prepare reports

Retain voices

Recognize the problems and big pictures

A Company without

Bookkeeper

A company with Bookkeeper

Steps To Become A

Bookkeeper

Step:1 - Do a basic bookkeeping

course preliminary then think further.

STEP:2 - Do a research on the industries and

perform online tests and if suits you, check out

vacancies for bookkeeping services in

companies.

STEP:3 – Complete an accredited bookkeeping

course under a recognized university as per your

legislation and requirements.

STEP:4 Gain work

experience. It will be a great

help during switching.

STEP:5 – Explore the different types of

bookkeeping services available.

STEP:6 – Be updated with the bookkeeping industry news

and Be a part of a bookkeeping

association.

Quick Books Accounting package by Intuit for bookkeeping

Intuit has integrated several web-based features into QuickBooks, including remote access capabilities, remote payroll assistance and outsourcing, electronic payment functions, online banking and reconciliation, mapping features through integration with Google Maps, marketing options through Google,and improved e-mail functionality through Microsoft Outlook andOutlook Express.

Source: http://en.wikipedia.org/wiki/QuickBooks

QUICKBOOKS:

COMMON MISCONCEPTIONS

Quick Books is

not frame worked

properly for their business

Bookkeeping is not up to date

Don’t reunite accounts

Using older version of QUICKBOOKS

Lack of proper planning for future.

Appointing wrong person not suitable for accounting and QUICKBOOKS.

Don’t know how to supervise their accounting staff.

Don’t have a replacement when their bookkeeper leaves.

Don’t have back up for Quick books file remotely.

Tops Tips for bookkeeping:-•Start your business with well prepared bookkeeping business plan.•Keep records of your income

•Maintain your business and personal funds separately.•Pay your tax in time.

•Organize your receipts.•Take advice from professional in case if you are unsure.

Reasons to appoint a Bookkeeper

You have no hint on what you are doing

Help you to find out why you have no

money left in the

account

Not intereste

d in financial process

Lack of memory power Save on late fees

Person between you and bill

collector is worth it.

You don’t

understand what

your accountant is

talking about

Not interest

ed in workin

g

When you know how

much money is

there in the bank

You don’t have the time

Words From Bookkeepers:-

Thank You

http://awolfbookkeeping.com/