Not a lot of businessmen understand the importance of Bookkeeping and how it can directly correlate to the success of their business.
Every successful business starts with a Good revenue model that has been kept under the books by a professional Bookkeeper. It is really essential.
I will try to prove my point through a question
What do you think is the oldest recorded evidence of Bookkeeping?
Maybe the start of the Industrial revolution.
Maybe you think it would have been a 1000 years.
But in reality, the first recording of a valid attempt at Bookkeeping goes back to 4000 BC. This is just the written form of Bookkeeping.
Digging a little further, it has been discovered that humans have been following Bookkeeping practices as old as in 8000 BC.
Now that I have stated the Importance of Bookkeeping.
What is Bookkeeping all about?
Bookkeeping is the process of recording and storing all the financial transactions of a company. This process can also be followed by NGO’s and individuals.
What is the Information that’s recorded in the Process of Bookkeeping?
- Payment Details for Vendors and Suppliers
- Billing Details regarding the sale of various products and Services
- Invoices
- Employee Payroll Details
- Calculation of Depreciation
- Amount payable
- And much more
If all these factors give you a Headache, you do not need to worry, as this is where professional Bookkeepers come in.
Bookkeeping services are that in which you hire an Accountant on an annual basis or contractual basis to maintain all your paperwork and helps you to prepare your annual account’s reports.
He is also responsible for preparing your annual tax report. And also responsible to maintain your all transaction for the taxation purpose.
If you need these services here is our company details which provide the best bookkeeping services.
Contact us:
Phone: 021 022 714 91
Email: office@accounts4all.co.nz
Website: https://accounts4all.co.nz
Address: 29 Cheval Drive, Totara Vale, Auckland, New Zealand
Linkedin: https://www.linkedin.com/company/accounts4allnz/