Tips to reduce the cost of a bookkeeper

Tips to reduce the cost of a bookkeeper

Bookkeepers who have been in the industry for many many years are more than likely still charging you, the client, by traditional methods such as by hour rather than a fixed monthly price.

If this is the case for you, did you know there is a way to pay your bookkeeper much less? but still ensure your accounts are kept in excellent order!

Source Documents: What are they & why are they important?

What are source documents and why are they important?

A source document is any document you create or receive in the daily running of your business. These documents are evidence that transactions occurred as they often "back up" the bank statement and information reported to the ATO, such as the BAS. They are sometimes referred to as the “paper trail”.