There are many different accounting software suites that are available on the market including Xero, MYOB Essentials and QuikBooks. They all seek to achieve the same thing, which is to assist in organising the bookkeeping for your business, however they do operate differently and some businesses would benefit from specific software.
At Zannettou & Co we are to advise on the correct type of bookkeeping required for your business including software where required, that promotes efficiency so you can concentrate on activities that grow your business.
Bookkeeping functions can include items such as payroll, superannuation, wages, reconciling bank accounts, coding and classification of day to day sales and purchases, maintaining records and documents for audit purposes and allocating correct tax codes to transactions.
The process of maintaining your books correctly and efficiently can be time consuming, taking away time that is better spent on focusing on growth of your business.
Having your accountant manage your bookkeeping promotes greater communication and understanding between client and accountant in regards to your business’s day to day operations. This will ultimately result in a better taxation outcome at tax time.
Please contact us at Zannettou & Co to organise an obligation free consultation to discuss your bookkeeping needs.