News

Starting the new year the right way

New year, new focus and time for some new habits.

Welcome to 2022!

You’ve celebrated the end of 2021 and perhaps had a bit of a break with the family. Now it’s time to settle back into running your business.

But hang on. Are you still going to do things the same way and end up frustrated at the end of this year? Or are you going to make a new year’s resolution to change the way you run your business so that you can enjoy the fruits of your labour?

Although some new year’s resolutions are unrealistic, by doing a few simple things early in the year, your business will be in a much better shape financially with a real opportunity to grow.

Take stock and take a mini-survey

So, what can you do?

Firstly, ask yourself a few questions.

  • What are your pain points?
  • Is it difficult handling or scheduling staff?
  • Are projects and the resulting data difficult to track and evaluate?
  • Are you working smart and automating where you can?
  • Are you using job management tools that will talk to your accounting software and do part of your bookkeeping to streamline your tasks and save yourself time?
  • Have you considered saving yourself even more time by using a bookkeeping service?

That last one is crucial. Having a bookkeeper you can trust and call on for advice when needed allows you to concentrate on running and growing your business and bringing in the big bucks.

At Being Accountable, we pride ourselves on putting you in control of your business. We can recommend the best accounting software to suit your business and some pretty cool apps to automate many tasks. It plugs right into the software and can save you time, money, and, importantly, headaches.

Hold that thought

Right now, you’re thinking that this sounds great, so I’ll just get my receptionist, secretary or a junior admin person to do it all.

Go ahead, ask them to step out of their comfort zone and take on additional tasks they weren’t hired for. You can even spend time (and $$$) trying to teach yourself and them all the nuances of the accounting software like Xero or MYOB. Do you then trust the accuracy of the figures produced by someone who is not a trained and certified bookkeeper?

Sorry for sounding sarcastic; that scenario just doesn’t work. A better option is to have a chat with Jo at Being Accountable to discover how we can get your business running smoothly.

We can help you with staff training and set them up to do the basics if you want. The difference is that we’ll assign you a qualified bookkeeper to oversee that work to meet your compliance needs.

Plan early for a bumper year

We are much more than just run-of-the-mill bookkeepers. We are experienced, highly skilled and can help you with:

  • Payroll
  • Debtors
  • Creditors
  • BAS
  • STP / Super
  • TPAR
  • Training
  • Ongoing Advisory
  • Collaborations with HR, Accountants, Financial Planners, Insurance, Marketing professionals
  • And much more

Make 2022 the year you finally get on top of your business woes, ease those pain points, and get your business running the way you intended with some quality time to spend with family, friends, and favourite pastimes.

Call Being Accountable on (08) 0402 464 420 and let Jo and her team put a plan in place for you and your staff to kick off 2022 the right way.

We worked with an accountant to help their importer client.

Problem
An accountant introduced us to a new importer client of his. He was 12-months behind in both his bookkeeping and compliance (unlodged BAS). The client’s previous bookkeeper hadn’t picked up the GST component on import customs and the file needed a lot of extra work to bring it up to scratch.
Outcome
Streamline accounting procedures so that the client can provide information and paperwork. We’ve also connected add-ons to Xero to assist the process. Provide end-to-end bookkeeping, payroll, accounts payable, accounts receivable, monthly reports, manage multi-currency accounts and import of stock, BAS lodgement, STP, super, and more. Liaise with accountant to help client stay on track and ensure file is current for monthly advisory sessions between client and accountant.
Solution
The client is now back on track and his bookkeeping compliance is up to date. They are managing growth and cashflow, building their business, and they don’t have to worry that they’re behind anymore. The accountant doesn’t need to worry either because he knows everything is in place so that he can concentrate on planning and the business advisory that he wants to do.