1. What does a bookkeeper do?
A bookkeeper manages your day-to-day financial records, including recording transactions, reconciling accounts, managing invoices and payments, payroll, and generating reports. This helps you stay on top of your finances and make informed business decisions.

2. Is it cheaper to contract a bookkeeper or hire someone?
Contracting a bookkeeper is often more cost-effective than hiring a full-time employee, especially for small to medium-sized businesses. You pay only for the services you need, without additional costs like benefits, payroll taxes, work equipment or training.

3. Do I have to use a specific accounting software?
Not at all! We work with a range of accounting software, including Xero, MYOB, and more. We can also adapt to the software you already use to make the transition smooth.

4. Do you have any qualifications?
Yes. AccuEntry’s team is highly qualified with years of experience in bookkeeping and administration. We hold a certificate in bookkeeping and Xero Certified Professional L2.

5. What tax obligations does AccuEntry take care of?
We can manage a variety of tax-related obligations, including GST filings, payroll tax, and working alongside your accountant for end of financial year filing. Our goal is to make tax time stress-free while ensuring your business stays compliant.

6. Is a bookkeeper the same as an accountant?
No, a bookkeeper and an accountant are not the same, though their roles are related.

• Bookkeeper: Handles the day-to-day financial records of a business, such as recording transactions, managing invoices and payments, reconciling accounts, and producing basic financial reports. Bookkeepers keep your accounts accurate and up-to-date.

• Accountant: An accountant analyses financial data, prepares financial statements, provides tax advice, and may assist with strategic planning or audits. Accountants often rely on accurate bookkeeping to make informed decisions.

In short, bookkeepers maintain your financial records, while accountants interpret and advise based on those records.

7. What is the first step?
The first step is simple: reach out for a free, no-obligation consultation. We’ll discuss your business needs, review your current processes, and create a tailored bookkeeping plan that works for you.