Blog Details

Why you need an Accounting Expert

September 17, 2019 | Corientz

These days there are several bookkeepers available as well as an accounting staff. However, many of the business owners face the following challenges even they have an inhouse accountant or bookkeeper:

✓ You do not get Management Accounts on a monthly basis: Your bookkeeper is not available to provide you accurate management accounts which include Profit and Loss Statement, Balance Sheet and Cash Flow Statement

✓ You or your accountant are spending time on accounts: You or your accountant spend time on bookkeeping to rectify errors of your bookkeeper.

✓ You do not know key metrics of your business: Financial numbers are the outcome of key operational measures you take. If you are not tracking Operational Metrics, you may not be able to take accurate decisions to drive business growth

✓ You are not confident to pay suppliers or chase customers: Due to bookkeeping errors, you are never confident of chasing customers for money or paying suppliers on time.

✓ You want to grow business but do not know to do it: You want to grow but do not know what exactly will drive business growth. Accurate Management Accounts and Analytics can help you to take accurate decisions

If you are facing any of the above challenges, it’s highly recommended that you hire an Expert Bookkeeper.