Bookkeepers are not just data entry

July 12, 2016

Bookkeepers are not just data entry people… they can be a valuable resource to any small business owner.

It is well known that many large and successful enterprises started out as a small business. As they grew, they needed more support staff, allowing the owners to continue working on the business rather than in it.

Despite delivering more opportunities, considerable growth also brings increased challenges, particularly when it comes to record keeping. Dealing with the day to day issues of complex record keeping and reporting can be costly and time prohibitive for the client.

So how can does one take advantage of this growth and mitigate the challenges? Is it viable to learn the roles over time, hoping that any mistakes made don’t damage the business?

Using an outsourced bookkeeper that is qualified, compliant and experienced is not an expense, it is a significant value add, a bookkeeper is not just there for data entry! Your bookkeeper should be doing a lot of the ground work, working WITH your accountant. This usually enables a higher quality of strategic planning and help move the business in the desired direction.

Author: Milton & Nadia Young

Milton and Nadia Young provide a full range of expert bookkeeping services to Tullamarine and surrounding areas. Backed by the substantial network and resources of First Class Accounts, Australia’s largest bookkeeping franchise. Milton and Nadia are committed to strong client relationships, and exceptional personalised service. Both Milton and Nadia have a great deal of expertise from which to draw. Milton has worked in finance for more than 45 years. He possesses an extensive business development and relationship management background, which has focussed on the Small to Medium Family businesses, as their Business Banker and also within the larger corporate sectors. Nadia has spent many years working as a bookkeeper in the real estate and aeronautical engineering sectors. With a dedication to meeting the needs of small and medium sized businesses, Milton and Nadia offer a great deal of flexibility in their approach to their work. They are able to work with clients both on-site and remotely, and are comfortable with the established and emerging technologies that allow them to do so. Nadia and Milton are motivated to develop long term relationships with their clients, and have worked with businesses from the manufacturing, transport & logistics, labour hire, wholesale, engineering and real estate sectors. Having spent many years as a bookkeeper, Nadia offers a strict attention to detail and accuracy, such as is necessary for the success of any business. Milton’s extensive finance experience, working closely with business owners, allows him an exceptional understanding of the integral requirements of business management. As a team, they are able to assist in all areas of business administration, from accounts to banking and cash flow management.

FCA Blog