Escape Your Most Hated Bookkeeping Tasks
Posted on 20th August 2021 at 16:57
Don't worry if you hate bookkeeping, YOU don't need to do it...
We all do it. We gravitate toward the parts of our jobs we love and push those we dread aside. Inevitably, those tasks looming in the back of our mind make their way all over our desk and consume our to-do list. Top of the heap? Bookkeeping.
Why Do We Dread Bookkeeping?
Bookkeeping is confusing and difficult! Most people didn’t get open their dream business to dive into the minutia of numbers, assets, invoices and reconciliations. Let's take a look at what tasks people dread the most and why each is critical for a business to thrive.
Navigating All That Accounts Software
No matter how easy they claim to be, bookkeeping software is a bear to understand. You must be willing to invest a lot of time in tutorials just to do the basics. The catch? They’re absolutely necessary for keeping your business in order.
The rules and regulations surrounding the filing of these forms are complex and not for the faint of heart. Understanding this quarterly component of business is daunting and, if reported incorrectly, can cost you money. When you’re starting out, you may not even need to register for this tax. Essentially, VAT is the definition of confusing.
What seems like a simple math problem — money out subtracted from money in — is anything but easy. There are so many data points to consider when reconciling your books each month:
Separation of personal and business funds
Recurring deductions and payments
Getting reconciliation wrong can leave you short at the end of the month. An unexpected deficit will throw a wrench in your operations and may lead to even larger shortfalls each month. Knowing exactly what your balance is will help you sleep much better at night.
Help Is a Phone Call or Click Away!
You don’t have to tackle any of these tasks on your own. At Bell4Business, we opened our doors for the same reason you did — we’re passionate about what we do. We provide impeccable bookkeeping services so you can focus on growing your business and investing your time in what you love.
We help our clients avoid:
Losing revenue through incorrect accounting
Making costly errors
We have in-depth knowledge of several accounting platforms including QuickBooks, Excel and Xero. We'll help you navigate:
All general bookkeeping functions
Get back to growing your business and building the future you’ve always dreamed of. Contact us today!
Make time for the things that matter — like growing your business and spending time with your family and on self-care — by outsourcing routine tasks.
If you’re ready to outsource your office and admin needs or have more questions, please reach out to us at Bell4Business.
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