Stop doing shoebox bookkeeping and start taking charge of your financial records ...

Do you:

• store all your paperwork randomly in one place? 
• take hours doing your BAS, shuffling through receipts?
• miss some claim entitlements due to loss of proof?
• don't have financial control and unsure about business performance?
• can't track monies owed to you, or bills that you need to pay?

If you said "yes" to any of these - you need our help!

No Obligation Bookkeeping Health Check available - Contact Us Now!

Some small business owners have the mistaken belief that as long as they have all their paperwork together in one box that they're doing a good job with their finances.  Nothing could be further from the truth.  In bookkeeping circles this is known as "shoebox bookkeeping" and many times it's a bookkeeper's worst nightmare!

The additional time it will take a bookkeeper to sort and categorise your paperwork will end up costing you more than if you'd spent a little time organising your paperwork.

Also it will be difficult to answer any questions the bookkeeper will have as so much time has passed.  This may mean missing out on a business expense because you can't give an adequate explanation for it.

Not only that but most businesses typically must lodge their Business Activity Statements (BAS) on a quarterly, if not monthly basis.  If your information is kept in a box this makes getting those BAS in on time that much more difficult.

Furthermore, business owners who use shoebox bookkeeping have no idea how they're doing financially through the year.  They can't tell if they're spending too much or bringing in enough revenue to make a profit.  They tend to judge their finances by the balance in their bank account, which doesn't take into account monies owed by them or to them.

So if you are a small business owner who is using a shoebox bookkeeping system you really need to consider whether this is saving you money or whether it's time to find yourself a freelance bookkeeper.

Let us help you take control of your bookkeeping - Contact Us Now!