Do you know if your bookkeeper is looking after you ?
1) Are you accounts receivable / payable upto date and in order?
2) Is your bookkeeper giving you reports of receivable / payable weekly?
3) Are you invoices being sent out on time?
4) Is your bank account being reconciled daily?
5) Is your accountant happy with the bookkeeping? (And his fees don’t include bookkeeping work that the bookkeeper should have done)
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If your bookkeeper’s behind in any area, then you need to find out why – it could be:
a) S/he’s got more work than time available
b) S/he’s slow
c) S/he’s may not be up-to-speed with the software and needs a refresher course
d) there may be other problems that S/he’s not told you
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Next BAS due
