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3 quick tips for organising your accounting

Friday, March 18, 2016

When you’re running your own business, it’s super important to be on top of your accounting. It can be easy to let it slide for a little while, only to end up with a massive headache down the track. Avoid getting yourself in a bind and adopt these three quick and easy tips for organising your accounting.

1. Separate your bank accounts

Avoid mixing business and private bank accounts – it will be much easier to locate and record all your business transactions that way.

2. Avoid cash

Using cash for business transactions is not ideal as records of the transaction can easily get missed.

3. Track customer debts

Implement an accounts payable process that tracks unpaid and overdue customer invoices so you can follow up promptly. It’s amazing how many businesses do not know who owes them money!

These quick, easy tips will save you time, money and stress, freeing you up to get back to business! For more help getting your accounts organised, get in touch with SWAG Bookkeeping today.

We are confident that our books and returns are up to date, delivered on time, and meeting our compliance obligations leaving me time to focus on other important business matters.

- Dick De La Rue, Beveridge Scoria

My accounts were in a mess before we engaged Sheree. Now we are totally organised! Sheree is very efficient and easy to work with. Thanks Sheree!

- Frank Mash, FISA Pty Ltd

The role of bookkeeping has grown to reflect the changing needs of our business, and Swag Bookkeeping is now an integral part of our operations.

- James A Michell, Sentdale Wool

It certainly takes the pressure off me and I feel I can put a lot of trust in to Sheree and what she does for me and my business. What takes her a few
hours would take me days.

- Johanna Clark, Naturopath

We would have no hesitation in recommending Swag Bookkeeping for their friendly manner and professional service.

- John Hall & David Patmore, Ultratune Epping

Swag Bookkeeping have worked alongside Blick for a number of years. Professional, reliable and notably have saved us money and by bringing effective financial process to our business.

- Mark Schiffer, Blick Creative

I reached out to Sheree and she could not do enough to help my friend’s son.

She is an amazing bookkeeper and individual that will make a difference to your business!

- Marina, Letz Create

Sheree has been doing my bookkeeping now for 2 years including my constantly unbalanced trust accounts. Sheree is always on time. Sheree’s professionalism and attention to detail are outstanding.

- Rowan Skinner and Associates Lawyers

We have found that Sheree and her team offer fantastic value for money tailoring a solution to suit our needs. Swag goes above and beyond. If you are a trade-based business their knowledge of the additional government funds such as co-invest is highly regarded and can save you time and benefit your staff.

- Kate Walsh-Rose- Rex Plumbing GM

How can we help you?

Please get in touch with the SWAG team to find out how we can help you, and receive a free 1 hour consultation.

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