Work Hours

Mon-Thu 9am-3pm

Available for enquiries within normal business hours. 

FAQs

What is the difference between bookkeeping and accounting?

While bookkeeping involves the day-to-day recording of financial transactions, accounting is a broader process that includes interpreting, classifying, analysing, and summarising financial data. Bookkeeping is a subset of accounting.

How often should I update my books?

Regular updates are crucial. Though we would recommend a weekly reconciliation session, it is common for small businesses to update their books at least monthly to ensure accuracy and to have a real-time understanding of their business’s financial position.

What software do you recommend for bookkeeping?

There are several bookkeeping software options available. Popular choices include Xero and MYOB. The best one for you depends on your business needs and preferences, however we are a Xero partner, and this is our most preferred accounting platform.

What information do I need to provide to start bookkeeping services?

To start bookkeeping services, we typically require access to your financial records, bank statements, invoices, receipts, and other relevant documents. The specific requirements may vary based on your business structure and industry.

How much do bookkeeping services cost?

The cost of bookkeeping services varies depending on the complexity of your business and the services needed. We offer customised packages to suit different business sizes and requirements. Contact us for a proposal.

Is it necessary to keep physical copies of receipts and invoices?

While in the past it’s been crucial to retain physical copies, digital copies are now widely accepted. Using cloud-based accounting systems allows for secure storage of electronic documents, ensuring easy access and compliance with record-keeping requirements.