At BAS 365 it is our mission to offer our clients comprehensive on time bookkeeping with access to accountants
Reasons Why Bookkeeping Is Important
1. Poor accounting” is one of the top reasons businesses fail. Without bookkeeping or accounting, you are blindly driving your business.
With a budget, you can plan for future growth and anticipated and anticipated resources required for expansion.
3. Better Decision Making
With analysis comes better decision making. In order to make the best decisions possible, you need to have access to all available information. Bookkeeping provides this information.
4. Better Cash Flow
Bookkeeping improves your cash flow. The routine recording of revenues, expenses, liabilities, and receivables, will allow you to track when your customer and vendor invoices are paid.
5. Provides a Snapshot of Your Business
Bookkeeping provides financial information about your company in the form of financial statements. Together these statements take a snapshot of your business allowing you the ability to see how well your business performed.
6. Requirement Under Law
Last, but certainly not least, the law requires you to keep financial records for your company.
7. Peace of Mind
Disorganised books can weigh heavy on your mind as a business owner. With all of the other factors of running a business, your bookkeeping should not be keeping you up at night.
A solid bookkeeping system is an essential aspect of running any business.
No matter how small or large
Being backed by qualified accountants you can be sure of quality and highly accurate useful information.
Free Health Check with every new account
Services offered include:
Cash Flow Budgets
Payroll and STP
Profit and Loss forecasts
Get it right every time