Bookkeeping
Keeping all your business financials under our expert supervision
Electra Frost Accounting employ tech-savvy bookkeepers to deliver a high quality product efficiently and within clients’ budgets. Working in lock-step with our accounting team, and using the same systems and knowledge resources, they make sure our clients’ records are ready for action.
Imagine having up to date accounts all year round!
Cloud business tools are rapidly changing the way businesses operate by streamlining processes like bookkeeping. The result is liberated employees and directors who are free to focus on core business processes. Our cost-effective bookkeeping packages save valuable time in many ways and can even reduce your accounting fees. Rather than having your accountant spend time checking all the numbers are in the right place and rectifying mistakes, they can focus on finding ways to save you tax and improve profitability.
Bookkeeping is concerned with recording your transactions, whereas accounting involves interpreting, analysing, classifying and summarising the financial data to create useful reports and advice. The quality of your accountant’s work, and therefore the usefulness of their advice, depends on the accuracy and reliability of the bookkeeping input.
Would your time be better spent on running your business? Are your staff not doing the best job of it? Running a business is all-consuming. Instead of doing the books yourself you could be making money, developing your business or refuelling. Your staff could be happier and more helpful to your business if you let them do what they’re best at doing too.
Do you wish your bookkeeper and accountant worked with each other and demanded less of your time to clear up queries? The best kind of bookkeeper works in sync with your accountant and knows what is expected. Theirs should be a team effort to make sure you get what you’re paying for. With Electra Frost Advisory, you only need to provide the information once.
Feeling intimidated and confused by all the changes in Single Touch Payroll, GST, super guarantee and Fair Work regulations? Our bookkeepers keep up with all these changes and by regularly seeing all the transactions going on in your business as they happen, they can recognise any problems and bring them to our attention sooner.
Shocked by last year’s accounting bill and unpredictable bookkeeping fees? Our fixed-price bookkeeping packages are just the ticket for managing your cash flow and having peace-of-mind that your accounts are in good hands. Plus you’ll receive periodic Cash Flow and Budget Reports to assist you with keeping goals and business planning.
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FAQs
What’s the difference between bookkeeping and accounting?*
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Why is bookkeeping necessary?*
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When should I outsource my bookkeeping?
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Does cloud accounting software make bookkeeping easier and faster?
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What are the most important bookkeeping rules?
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