I had an interesting discussion with a local GP this week. He asked what I was doing at the moment and when I said that I had set up a bookkeeping business, his next comment was that he didn’t want to change accountants.
I explained that, as a bookkeeper, I attend to the daily paperwork, leaving time for his accountant to concentrate on high value strategic advice and planning. Overall, we would be working with his accountant and he should receive better service and quality advice, in addition to being more cost effective way of managing his finances.
As the conversation continued he mentioned that he hardly heard from his first accountant and eventually the GP’s file was transferred to another firm as part of an acquisition. Many accountants in public practice and commerce are increasingly time poor, stretched with limited and /or shrinking resources at their disposal. Often, the phrase “I’ll get back to you”, is heard and not well received by their clients or business owners.
One way for an accountant to gain back the extra time and resources is to look at outsourcing the day to day processing functions including ledger entries, reconciliations, preparation of BAS returns, payroll and any other tasks to a qualified bookkeeper.
To use a medical analogy, the brain surgeon has the nursing staff take the patient’s temperature and administer the medication, taking care of their comfort. The surgeon is then free to tackle the diagnosis and delicate surgery.
Bookkeepers aren’t here to try and replace your accountants… We’re here to work with your accountant and benefit you!
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.
View all posts by Milton & Nadia Young
Discover the Australian Small Business Community Awards, a celebration of the innovation, resilience, and community spirit of small businesses across Australia, supported by First Class Accounts and Xero.
