Why do you need a bookkeeper? - Profitline Bookkeeping
Why do you need a bookkeeper?

Why do you need a bookkeeper?

1. Books need to be precise.
A professional bookkeeper will provide precise and timely information about your company’s financial performance and financial position. As a business owner, you can then use this important financial data to implement financial strategies and make sound decisions regarding your business growth and profitability.

2. Books are consistently organized, updated and available when you need it.
As an executive member and key decision maker in your organization, I am certain you will agree that it is of utmost importance that you have the proper and updated financial information available when making strategic decisions about your business. With a professional bookkeeper managing your books, you are guaranteed to have access to organized financial data that is consistently updated when you need it to make informed decision, or simply to meet tax filing deadlines.

3. Leave bookkeeping to an expert – someone with an experienced eye.
Give your business the best chance of success. Instead of wrestling with paperwork and fighting with bookkeeping software – hand the reins over to a trusted bookkeeper so you can focus your efforts working on the business. Tracking income and expenses is only the start of what a professional bookkeeper can do for your business. We will help you make sense of the numbers and provide meaningful reports to help you understand your business and make strategic business decisions.

4. Always maintain accurate financial information.
Eliminate errors in your bookkeeping. A professional bookkeeper has experience and strategies to ensure your numbers are correct and accurate. Come year-end, you can simply hand over the books to your accountant with confidence. No nasty surprises about grave errors in your reporting. Your accountant will love it.

5. Cashflow is monitored for consistency and balance
Are your clients not paying their invoices and now you are low on cash? Have you overlooked paying an important bill? I know you would rather not operate your business with this kind of stress. A professional bookkeeper can help you manage your Receivables and Payables and ensure that cash flows in and out of your business without leaving you short.

6. Long-term savings
Yes there is a cost for the services offered by a professional bookkeeper. However, the associated headache and cost of filing your taxes late or paying your accountant to re-do your bookkeeping due to inaccuracies will far exceed that of the budgeted cost to hire a bookkeeper. So do it right the first time and hire a professional bookkeeper.

In addition to the above points, it is worth noting that business owners who consistently have their financial data analysed and know if their business is profitable, are in a much better position to take advantage of opportunities for growth and larger profit. Do the right thing and position yourself and your business ahead of the competition and closer to your ideal business and life balance – hire the right professional bookkeeper. It will be one of the best decisions you will ever make for yourself and your business.

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