The role of a bookkeeper
The primary role of KDF’s Geelong-based bookkeepers is to help small to medium businesses keep track of their financials year-round, in order for the to have the best chance of success.
The job description of an accountant and bookkeeper does differ more than someone without a financial background may expect. The primary roll of a bookkeeper is to maintain a business’s general ledger on a day-today basis. This can be comprised a variety of different things, including, but not limited to:
- Payroll management
- Budget preparation and planning
- BAS preparation
- Data entry
- Accounts receivable/payable
KDF Bookkeepers are also experts in cloud-based accounting systems MYOB and Xero, which means we also spend time with business owners helping them setup and utilise these systems for their every day business use.
How this differs from an accountant
An accountant is someone who can provide you with analysis of your financial statements, advice, tax returns and other similar services. Normally a business owner may see an accountant once a year, bi-yearly or quarterly depending on the size of the business and the complexity of the financials.
On the other hand, as bookkeeping is more to do with the day-to-day transactions of the business many business owner consult their bookkeeper weekly or even monthly.
As the go-to Geelong-based bookkeepers for businesses in a variety of industries, we like to take a hands-on approach to ensuring our clients’ financials are always taken care of, whether its ensuring payroll is balanced or helping to ensure your budget planning suits the needs of your business.
For more information on how KDF Bookkeeping could help your business stay on top of its financial requirements, contact our team. We can help clear your mind when it comes to the financial side of your business, and give you more time to do what you do best.