Accountix
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Accountix
Category: Accounting Services
- Phone
- 07 3829 0973
- Email business
- Website
- www.accountix.com.au
- Address
- 20 Main Street, Redland Bay QLD, 4165
Bookkeeping
Bookkeeping Services
Business Accountants
0 Customer reviews
Write a reviewHaving your businesses books maintained correctly is a cornerstone for building a successful business. A common feature of businesses that fail is many of them had poor bookkeeping and record keeping practices. There are many reasons why business bookkeeping needs to be of a high standard. Some are blatantly obvious, however most don't become evident until a problem presents itself and bites you at the worst possible moment. Motivations for keeping properly maintained books include: Tracking business performance - day to day decisions of running a business need to be made from up to date and reliable information. Without this, business owners are making blind decisions. Bank or financial institution loans - one of the first things that that a bank or financial institution will ask you for when applying for loans and overdraft is up to date financial statements Tracking of amounts payable and receivable - at the click of a button, you can see how much you owe to suppliers or customers owe you. Tax planning - errors in bookkeeping can lead to increased tax payable if accountants are not using accurate figures when doing end of year tax planning Selling business - just about every business sale requires 3 full years financials as part of the due diligence process. Incorrect bookkeeping can lead to either: a. undervaluation of business for sale, b.overvaluation of business for sale, which sounds like a pretty good thing until the misrepresentation legal letter arrives. If you have any doubt as to the accuracy of your existing bookkeeping arrangements we can be of assistance
- Description
Business profile
Having your businesses books maintained correctly is a cornerstone for building a successful business. A common feature of businesses that fail is many of them had poor bookkeeping and record keeping practices. There are many reasons why business bookkeeping needs to be of a high standard. Some are blatantly obvious, however most don't become evident until a problem presents itself and bites you at the worst possible moment. Motivations for keeping properly maintained books include: Tracking business performance - day to day decisions of running a business need to be made from up to date and reliable information. Without this, business owners are making blind decisions. Bank or financial institution loans - one of the first things that that a bank or financial institution will ask you for when applying for loans and overdraft is up to date financial statements Tracking of amounts payable and receivable - at the click of a button, you can see how much you owe to suppliers or customers owe you. Tax planning - errors in bookkeeping can lead to increased tax payable if accountants are not using accurate figures when doing end of year tax planning Selling business - just about every business sale requires 3 full years financials as part of the due diligence process. Incorrect bookkeeping can lead to either: a. undervaluation of business for sale, b.overvaluation of business for sale, which sounds like a pretty good thing until the misrepresentation legal letter arrives. If you have any doubt as to the accuracy of your existing bookkeeping arrangements we can be of assistance
Accountix's Keywords
Bookkeeping | Bookkeeping Services | Business Accountants | Business Bookkeeping | Accounts Receivable | Book Keeping | Bookkeeping and Payroll | Bookkeeping Professionals
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