bookkeeping tip
Tip to business owners
why you need a bookkeeper?
A bookkeeper records , processes ,summarizes and reports financial transactions and reports them to the owners of the businesses. Paying vendors ,staff or employees, money received from customers, do bank reconciliation meaning that money that came out or went into the bank matches with the books , have control of your finances at any given time. know the assets and liabilities, how much you have paid and how much you still owe on them. With this complete, accurate and up to date informations ,you as a business owner can make decisions based on this informations and reports. It’s a great feeling and important to know how much your business worth at any given time , if you want to get a loan form a bank, besides you company’s income taxes they may require your balance sheet and profit and loss report. This is a very simple idea of duties and responsibilities of a bookkeeper, give a call to discuss.
last year’s income taxes
How did you do with last year’s income taxes? hope you did well ,but i can assure you that we can do better . how? by talking to a tax planner ,usually two to three times a year ,anticipating to what is up coming on your next income tax . If you are not happy with with last year’s income tax , act now and give a call ,so we can start preparing for our next tax. Don’t forget a Tax preparer you see him (her) once a year ,on the contrary side a Tax planner you see him (her) two to three times, before he (she) prepares you taxes , keep that in mind.