[vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”grid” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern” z_index=”” padding_top=”48″ padding_bottom=”48″][vc_column][vc_column_text]All businesses are faced with the necessary \u2018evil\u2019 of data entry and general record keeping.\u00a0 It\u2019s a key area of a business which ensures the owners have a handle on its substantiation and reporting requirements. It is crucial that the individual entrusted with bookkeeping has extensive accounting experience. There are a number of benefits from outsourcing your bookkeeping needs.<\/p>\n
Outsourcing the bookkeeping function provides the business with expertise and experience that may not be available within the business. Prior to our engagement for bookkeeping services our consultants will review and analyse your business, all associated financial transactions and identify the most appropriate accounting software required. Gambles Accountants\u00a0provide\u00a0In-house or Our-house bookkeepers and can develop a tailored solution to suit your business. We can arrange our team to work in your premises or we can arrange your bookkeeping to be managed off-site. We can offer you solutions as a on a one-time basis if needed,\u00a0at an hourly rate or we can provide regular bookkeeping services as a package set rate.<\/p>\n
Bookkeeping services include:<\/p>\n
Bank Reconciliations<\/span>\u00a0\u2013 compare your internal records with bank statements in order to identify and rectify any discrepancies.<\/p>\n Profit & Loss Statements<\/span>\u00a0\u2013 generated monthly and\/or annually which\u00a0reports the earnings of a business by stating all relevant income and all expenses that have been incurred to generate that income, also known as an \u2018Income Statement\u2019.<\/p>\n Cash Flow Management<\/span>\u00a0\u2013 manage your cash flow to ensure you have cash when you need it. This is the most critical aspect of business.<\/p>\n Financial Reporting & Analysis<\/span>\u00a0\u2013 key information about the financial state of your business into language you can understand.<\/p>\n Accounts Payable & Receivable<\/span>\u00a0\u2013 identify money you owe suppliers and money that is owed to you by your customers.<\/p>\n End of financial year processes<\/span>\u00a0\u2013 take away all the pressure associated with ensuring your books are ready for the end of financial year.<\/p>\n Budgeting\u00a0<\/span>\u2013 forecast your income and expenditure in order to identify how much you afford to dedicate to particular expenses.<\/p>\n