I'm sure we all have an image in our head of what a bookkeeper looks or even acts like. But do you actually know what a bookkeeper does?
Whether your business resells antique furniture from Great Aunt Gertrude's garage or power washes houses for a living, it could probably use a good bookkeeper to help keep track of all the money going in and out for your business!
So, What DO Bookkeepers Do All Day?
A bookkeeper is a person that helps your business keep its finances in order. Bookkeepers can work in-house for a company or there are outsourced remote options (like us!).
Bookkeepers maintain a general ledger, handle reconciliations, and prepare reports for business owners. They help collect, organize, and store a business' financial information. Some bookkeepers also handle receipt management for business owners, track down payments from customers, handle payroll, or remit sales tax. Their role and responsibilities will depend on exactly what your business needs.
As many unique businesses as exist, there are just as many unique bookkeepers out there to help them handle their finances. The sky is the limit. Some of our clients own large regenerative agriculture farms, some manage personal fitness businesses/gyms, and we even have clients that own air bnb's- we really see it all!
Bookkeepers offer support to a variety of businesses and nonprofits, playing a vital role in the financial health of the organization. Additionally, bookkeepers provide usef
ul, accurate information to your accountant, your CPA, and/or your tax professional to create a beneficial overview picture of your business' growth and future path.
What Can A Bookkeeper Offer Your Small Business?
Peace of mind: Nobody business owner enjoys staying up all hours of the night trying to make sense of their books!
Better budget and planning decisions: If you know the real numbers of your business then you're better equipped to make decisions accurately
Understanding how your business ebbs and flows: Seasonal changes change the way you should run your business
Comprehension of your business's key financial metrics: Better numbers = better numbers!
How Can We Help YOU?
If you choose to hire a bookkeeper, congratulations! You are on the path to financial knowledge for your business. We recommend taking your time in finding a bookkeeper you can trust and that understands your industry.
Why is this important? Not only are you entrusting your bookkeeper with sensitive data, but you will also be relying on their accuracy to maintain the financial records for your business.
A good bookkeeper doesn't cut corners, and they are indispensable to small business owners who want to spend their time growing their business, instead of maintaining it or even stressing over the books.
At Bridging The Gap Financial Services, we take pride in providing professional, high-quality service for our clients. Contact us today to see how we can help your business, too!
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