Bookkeeping Services

The basic system of double entry bookkeeping was invented more than five hundred years ago by a Cistercian monk called Luca Pacioli.

His system still endures today and is used throughout the world, making bookkeeping a truly international profession.

Bookkeeping today is far more than entering data and reconciling the bank. Bookkeeping is thinking about the needs of the business, thinking about the processes to get a result.

Firstly, what is expected for standard bookkeeping?

1. Processing purchases, sales, receipts, payments
2. Processing payroll and maintaining entitlements and employee records
3. Bank reconciliation
4. Providing reporting for preparation of a BAS
5. Producing reports for both management and accountant
6. Record keeping

Good bookkeeping now includes above and beyond this standard process to 'think' more about each stage and ask the questions 'can we do this better' and 'is bookkeeping part of the natural business system?' Have I captured all the relevant information required to produce an accurate result?

Contact Allen Consultants for a no obligation consultation on your bookkeeping needs.