Bookkeeping is the activity of recording a company’s business data in a certain way. A bookkeeper may be responsible for all of a company’s business records, but may also be responsible for only a small part, such as sales records to company customers. Most of the financial accounting work is clerical work, and if there is an increase it will usually be assisted by computer assistance. If you need a professional, you can contact Amanda Mckenzie BAS Services in Sydney.
What are the duties and responsibilities of a financial bookkeeper or commonly called a Bookkeeper? And how to choose a good Bookkeeper? Check out the full description below.
The bookkeeper or financial bookkeeper is the main center for almost all financial and payroll information in the company. A Bookkeeper will be assigned to pay bills, collect debts, maintain payroll, and submit all government forms, sales tax payments, and payroll deductions. The responsibilities of a Bookkeeper include the following:
• Record daily financial transactions and complete the delivery process.
• Reconcile sales tax, payroll tax, 401k, and bank accounts at the end of each month.
• Monitor financial transactions and reports.
• Processing company receivables and accounts payable.
• Processing checks and understanding ledgers.
• If needed, a Bookkeeper can work with an accountant.
• Handles monthly payroll matters using accounting software.