1 / 2

05 Essential Questions to Ask Your Burwood Bookkeeping & Accounting Service

A professional bookkeeping & accounting service in Burwood should have strong systems in place for proper accuracy of data, secure storage and confidentiality. <br>https://opulentbookkeeping.com.au

smith2233
Download Presentation

05 Essential Questions to Ask Your Burwood Bookkeeping & Accounting Service

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. 05 Essential Questions to Ask Your Burwood Bookkeeping & Accounting Service Selecting the right bookkeeping & accounting services in Burwood is an important choice for every business owner. An accountable accounting partner will not only manage your books but also will help you make educated decisions, ensure compliance and plan for growth. To make sure you are selecting the proper service provider, it is important you ask the appropriate questions before engaging. Below are five questions to help you as a guide. 1. What services are actually included? Not all bookkeeping & accounting services in Burwood are identical. Some may only offer bookkeeping, while other services may provide principal bookkeeping as well as tax preparation, payroll, financial reporting and business advisory services. By asking this question, you can confirm the expertise is tailored to your business'. For example, if your business involves applying GST to sales or requires assistance with lodgement of your BAS, ensure the service provider is comfortable helping you. 2. How do you ensure accuracy of data and confidentiality? Financial data is rarely black and white and errors can cost a fortune. A professional bookkeeping & accounting service in Burwood should have strong systems in place for proper accuracy of data, secure storage and confidentiality. You should ask the service what type of accounting software is used, whether backups are completed regularly, and what internal quality controls are utilized to secure and maintain the confidentiality of your business financials. 3. Which accounting software do you utilize? Technology is a vital aspect of accounting . It is beneficial to know which software your provider uses - whether it is Xero, QuickBooks or MYOB - in order to understand if their software will integrate well with systems you already have in place. The best bookkeeping & accounting services in Burwood will utilize cloud-based software so you can access your data in real-time which provides better collaboration for matter and accountability. 4. How do you communicate and report relevant financial updates? It is important to have a clear understanding of when and how the accountant will communicate updates and reporting. You should understand how frequently they provide reports, the types of reporting they will provide, and methods of communicating key financial information. A responsive accountant that provides regular updates will allow you to identify possible financial issues sooner and be more deliberate and smart in your financial planning.

  2. 5. What experience do you have with my type of business? Having industry experience is invaluable when it comes to managing finances. Regardless whether you operate a retail store, construction firm or a professional service, a provider familiar with your industry can provide valuable advice and identify specific tax deductions or compliance requirements. In summary, asking these five questions will assist you in selecting the best bookkeeping & accounting services in Burwood.

More Related