Bookkeeping can be one of the worst parts of running a business. You’d much rather be out there making things happen and making money from your business. Unfortunately, it has to be done. And it has to be done in a prescribed format, otherwise the Tax Man will be on your back. If you don’t keep proper books and records you risk fines and penalties from the tax authorities.
Unfortunately, it can also be difficult. You need to understand debits and credits, the wonderful world of double-entry and what must be recorded for tax purposes.
A far better option is to employ Magic Beans to get the job done properly at the fraction of a cost of hiring someone inhouse. Our service isn’t just about saving you time though, it’s about helping you to build a great business. This is why we go beyond simply entering data.
You see, when done accurately and timely your financial data provides critical financial information and key performance indicators. This is information is critical to understand what is going right, and what is going wrong, in your business. Having the right data will help you make the best decisions for your business and help you build a more profitable and successful business.
We take things a step further; we also help you run your business using Xero cloud accounting which allows you access to your real time information.
It saves you a significant amount of time
24/7 financial information
Gives you 24/7 access to up-to-date financial information and reports (you can use cloud-based software from any device with an internet connection)
You can sleep at night knowing your sensitive financial data is always secure and backed-up automatically
No system downtime because all software upgrades are automatically installed. This worry-free maintenance saves you time and hassle