why we love a bookkeeper
DESCRIPTION
Get essential facts about a "Bookkeeper" and why we need it in our business and also know why we love a Bookkeeper.TRANSCRIPT
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Why We Love A BOOKKEEPER
(And You Should, Too!)
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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.
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How bookkeeping is essential for small business
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Expenses Record
Tax Paying
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Maintaining Cash flow
RECORD
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Saves your Time
Saves your Money
Prevents you doing costly mistakes
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Bookkeeping is accomplished by a Bookkeeper.
Also known as Accounting clerk or
Accounting technician.
A bookkeeper is in charge of writing Daybooks.
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A professional Bookkeeper should:-
Know the appropriate use of bookkeeping package.
Understand transactions and how to enter them.
Entry their transactions regularly.
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Reconcile bank statements
Prepare reports
Retain voices
Recognize the problems and big pictures
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A Company without
Bookkeeper
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A company with Bookkeeper
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Steps To Become A
Bookkeeper
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Step:1 - Do a basic bookkeeping
course preliminary then think further.
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STEP:2 - Do a research on the industries and
perform online tests and if suits you, check out
vacancies for bookkeeping services in
companies.
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STEP:3 – Complete an accredited bookkeeping
course under a recognized university as per your
legislation and requirements.
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STEP:4 Gain work
experience. It will be a great
help during switching.
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STEP:5 – Explore the different types of
bookkeeping services available.
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STEP:6 – Be updated with the bookkeeping industry news
and Be a part of a bookkeeping
association.
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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
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QUICKBOOKS:
COMMON MISCONCEPTIONS
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Quick Books is
not frame worked
properly for their business
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Bookkeeping is not up to date
Don’t reunite accounts
Using older version of QUICKBOOKS
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Lack of proper planning for future.
Appointing wrong person not suitable for accounting and QUICKBOOKS.
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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.
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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.
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Reasons to appoint a Bookkeeper
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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
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Lack of memory power Save on late fees
Person between you and bill
collector is worth it.
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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
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Words From Bookkeepers:-
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