Do These 5 Things Before You Outsource Your Bookkeeping

Not sure where to start when it comes to outsourcing your bookkeeping? You aren’t alone! Let me help you make the process easier by guiding you through what boxes need ticking before you get someone on the books for you.

Not sure if now’s the right time? Here are the top 5 signs you need a bookkeeper 💰 💰 💰 

1. You are spending too long on your bookkeeping
2. You are falling behind and it’s stressing you out
3. You have missing income or expenses
4. You leave all the numbers stuff to tax time
5. You find the work draining

If you were nodding your head to 2 or more, the time has come!

1. Set up a separate business bank account

This is non-negotiable. Open a business bank account and direct all financial activity that way. We like a nice clean balance book. Keeping your business and personal activities together allows way too much room for error.

If you want to impress your bookkeeper in waiting open a GST + Tax bank account. That way once we’re on your team, we can estimate your liabilities throughout the year and help you save the right amount.

2. Get your records ready

We’re not fussy when it comes to your system for managing your numbers. We won’t judge your Excel spreadsheet or Xero file but we do need access. And please, don’t worry if you’re behind, we can Marie Kondo those records for you.

Our only caveat? Honesty! We’re not going to claim an expense or adjust your income unless we have proof of both.

3. Create your service wishlist

If you haven’t worked with a bookkeeper before, you may not even know what you need from us and that’s a-ok. We’ve created packages to help you identify where you are in your business journey and how we can help you.

GROWTH – perfect for sole traders with no employees

• Bank Accounts – up to 3
• Year End Recs
• Monthly Processing of income/expenses
• Basic Reports Quarterly
• BAS/IAS Quarterly
• Support

THRIVE – perfect if you need more support or have an employee or two

• Bank Accounts – up to 3
• Year End Recs
• Monthly/Fortnightly processing of income/expenses
• Basic Reports Quarterly
• BAS/IAS Quarterly
• Payroll – up to 2 employees
• Superannuation compliance
• Support

FLOURISH – you are on the rise with employees and regular reports + lodgements

• Bank accounts – up to 5
• Year End Recs
• Fortnightly/Weekly processing of income/expenses
• Basic Reports Quarterly/Monthly
• BAS/IAS Quarterly/Monthly
• Payroll – up to 5 employees
• Superannuation compliance
• Support

Find your package, scroll through our add-ons and we can create the perfect plan for you.

4. Make a plan to maximise the time you’ll save

What would you do with an extra 100 hours a year? That’s over 8 hours a month and that’s how long the average business owner is spending on their bookkeeping! 

Before you engage a bookkeeper, think about that time. What could you do to move the needle in your business? Innovate and create something fresh? Tighten up your sales pipeline? Grow your database?

Make a plan and turbocharge your business.

5. Find a bookkeeper you vibe with

Your personality and business are unique so you’ll need a bookkeeper who gets you. And the truth is, not all bookkeepers are the same. Yes, we have similar position descriptions but that’s not the whole story.

My jam is working with creative business owners. I speak fluent Shopify and don’t play in the shade. I’ll never fluff your finances and you can rest easy knowing I tick all the boxes to practice in Australia. I like to think of myself and my team as an extension of our client’s business. We have regular check-ins, with updates and any questions we have along the way. And, we back this up with comprehensive reports totally customised to their needs

Ready to find your bookkeeper? Start with my freebie ⬇️

Engaging a bookkeeper? Here are 10 Questions You Should Ask!