At Duck Consulting, we understand that no business is the same. We work with you to tailor a bookkeeping solution to suit your needs. Contact Duck Consulting today to discuss how we can help you.
What is bookkeeping?
Bookkeeping involves the recording, on a regular basis, of a company’s financial transactions. With proper bookkeeping, companies are able to track all information on its books to make key operating, investing, and financing decisions.
What is the role of a bookkeeper?
In the broadest sense, bookkeepers help businesses keep their finances intact by keeping tabs on different accounts, transactions, and reports. They organize, collect, and store the business’s financial records, including cash flow statements, bank reconciliations, and loss statements. Bookkeepers make it possible for business owners and accountants to build budgets, identify trends, and plan for the future. Let’s look at an example of what a bookkeeper does.
What daily tasks are typically performed by a bookkeeper?
The role of a bookkeeper is extremely wide and will vary from one business to another based on the needs of the particular business. However, here are some of the typical day to day responsibilities that sit with the bookkeeper:
At Duck Consulting, we understand that no business is the same. We work with you to tailor a bookkeeping solution to suit your needs. Contact us today to discuss how we can help you.
Why is bookkeeping important?
Keeping accurate accounting records is essential to a company’s sustainability. Accurate bookkeeping helps a business manage its cashflow, meet its financial obligations and plan its investments. It is also key to ensuring the preparation of an accurate set of end of year financial statements, which for limited companies, must be filed with Companies House each year.
Proper bookkeeping also gives companies a reliable measure of their performance. It provides information to make general strategic decisions and a benchmark for its revenue and income goals. In short, once a business is up and running, maintaining proper records is critical.
How can Duck Consulting help you?
Many business owners sometimes overlook the importance of matters such as keeping records of every penny spent. There are many reasons for this, for example, sometimes they may not be aware of their obligations, they may not have the time on top of their day-to-day work duties, or they simply don't like doing it!
Whatever the reason, at Duck Consulting we are here to help as much or as little as you need. We can manage the process from end to end so that you don't need to think about it at all, we can manage one element of the process, or anything in between. No two businesses are the same so we believe a tailored solution to your business needs is the answer.
To discuss your business needs, contact us today.
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