Trying to stay on top of the day-to-day bookkeeping can be very time consuming and can cause many headaches. Hiring a bookkeeper can let you do what you do best– managing your business. Cooper Norman has certified, well experienced bookkeepers who will be in charge of your books so that you do not have to worry about it. Whether you need a few hours a quarter to get things sorted out, or you need something closer to full-time support, we are here to help you.
A bookkeeper is in charge of providing accurate, up-to-date financial information of a business. Typically, a bookkeeper will deal with the day-to-day expenses and payments that are made. The bookkeeper will record all of these transactions in a clear, easy to understand way. Accountants will then use the records that are created by the bookkeeper to make reports of information as to how exactly the company is doing. Often these reports are sent to the owner and the CEO of the company so that they can know how their business is doing financially.
There are quite a few responsibilities that a bookkeeper has to fulfill. However, the main responsibility of a bookkeeper is to maintain accurate records of all of the transactions of a company. One of the main duties of a bookkeeper is to maintain the general ledger. This means that they are recording the number of sales that are made, as well as the expenses that are incurred. Other responsibilities of a bookkeeper include:
One responsibility of a bookkeeper is to make sure that all of the transactions recorded are accurate. They are able to do this as all of the receipts are collected. After getting the receipts, they will document all of the information of the transaction. This information includes the amount of money spent, the date that the expense was incurred, and making sure that the transaction is recorded in the correct ledger. Generally, there is a general ledger, a supplies ledger, and a customer ledger. It is important that each transaction is recorded in the correct ledger, so the bookkeeper ensures that happens.
There is nothing worse than having a late paycheck. Having a bookkeeper ensures that you no longer have to worry about payroll and making sure that everything gets out on time. There is a lot that goes on with payroll, and it is the responsibility of the bookkeeper’s job to ensure that it all happens accurately and on time. A bookkeeper will make sure that every one of your employees gets paid the correct amount on time. They also make sure that the payroll taxes are taken care of so that you do not have to worry about that.
Sometimes as expenses are being made, processed, as posted, it can sometimes seem to be confusing. It is a responsibility of a bookkeeper to reconcile the bank statements. This means that they will look through all of the bank statements, and make sure that it matches with the records of expenses that you have kept. It is important that your bank statement is regularly reconciled to ensure that you will not have any overdraft fees, and it also protects against any fraudulent activity that could be going on within the company.
There are many different benefits that come with hiring a bookkeeper. Oftentimes a complaint of a business owner is that they do not enjoy the monotony of the back-office tasks that must be completed in order for the business to be successful. This can not only consume the time of the business owner, but can create a high stress environment, when it does not necessarily have to be that way. That’s where a bookkeeper can come in to help. Some of the benefits of hiring a bookkeeper include:
Hiring a bookkeeper allows you to keep doing what you are good at– running your business. As you hire a bookkeeper, you will find that you no longer need to spend time trying to figure out the financials, you have someone who is specialized in that field who can do it for you. This will save you a lot of time and headaches as you continue to run your business. The extra time that you gain from hiring a bookkeeper can help you and your business in many different ways. It gives you the freedom to focus on the things that you are good at.
Hiring a bookkeeper will significantly reduce any errors that are made in your books. Having someone who is experienced in bookkeeping, and all of the responsibilities that need to happen will help ensure that everything is accounted for. Having someone who knows what they need to do to maintain accurate books will make the process easier rather than trying to figure it all out yourself. There will be no need for you to try to figure out what is incorrect, because they will be in charge of everything.
At Cooper Norman, all of our bookkeepers are highly experienced and well qualified. We take the time to make sure that your business will be financially secure, even as the economy fluctuates. We make sure to always look at the big picture, as we help your business. Cooper Norman brings strategies and experiences that have proven to be successful for many companies. We focus only on the things that you can control, so that when the unexpected happens, you will be prepared and will have control over the things that you are able to.
If you are tired of keeping the books for your company, or are just looking for a bookkeeper, then contact us today! Uncertain times are guaranteed, and we want to help you be prepared, even during the uncertain times. We look forward to helping you and your business become successful as we provide services that will be sure to help you and your business.