(Entertainment-NewsWire.com, June 11, 2013 ) Brisbane, Australia -- With tax time just around the corner, small businesses are visiting http://jbpartners.com.au to ensure their bookkeeping is up to date.
A specialist from the Brisbane-based bookkeeping firm explains that setting up a good bookkeeping system can save time and money for any small business, not just at tax time but all year round in their day-to-day business operations.
“Finding a bookkeeper for hire can take a lot of the hard work out of bookkeeping. By reducing the amount of time it takes you to do the books, it enables you as a business owner to get back to running your business and doing what you love to do,” the specialist said.
The spokesperson added that with a focus on bookkeeping Brisbane small businessesare enjoying a hassle-free end of financial year.
“With good bookkeeping, at tax time you can rest easy that you have all the necessary records for quick reporting of GST and income or company tax,” said the JB Partners specialist.
“Good bookkeeping also lowers the costs of using an accountant as it means they will have accurate records that they do not have to prepare themselves.”
While tax time is when bookkeeping comes into its own, business owners can enjoy the benefits of good bookkeeping throughout the year. Faster and more accurate invoicing,collecting money from customers and monitoring and managing cashfloware just some of the daily perks delivered by precise and up-to-date financial records.
Retailers can drive better stock management by using accurate records of current stock and the cost of stock.
“It doesn’t matter how big or small your business is, if you want to improve your business performance, you need good bookkeeping. Many of our clients have told us how it has helped them better monitor and manage their profit margins, mark ups and expenses on a daily basis,” said the spokesperson.
“We have seen marked improvements in the financial success of our clients and have been able to work with them on growth strategies.
Bookkeeping also provides the ability to prepare more regular financial statements. Most software packages, such as MYOB and QuickBooks, come with standard financial statements included.
“This means your bookkeeper or accountant can assess the financial health of your business at any time. They can easily compare your business performance to businesses in your industry,and also to your own past performance,” said the spokesperson.
JB Partners provides QuickBooks support to help small businesses achieve deeper, more up-to-date understanding of their financial situation. Businesses looking for MYOB support can also contact JB Partners who will help them implement the software seamlessly into their business operations.
“One of the main reasons a business fails is because they aren’t keeping accurate financial records,” said the spokesperson. “It is our goal at JB Partners to ensure every Brisbane business has access to reliable, expert and affordable bookkeeping services.”
About JB Partners:
With over 15 years bookkeeping experience, JB Partners provides a full range of bookkeeping services for small and medium businesses in Brisbane at competitive rates.
