Bookkeeping Perth Jenny Chapman Congratulations you are the boss of your own business. You can now set your own hours; you don't have a boss to tell you what to do. All the profits are yours. Great isn't it?
What's the down side PAPERWORK, TAXES, ACCOUNTS PAYABLE AND RECEIVABLE AND PAYROLL So do you get that time off you wanted or are you working more hours than you anticipated? If you have answered yes to this then have you considered hiring a contract bookkeeper or perhaps employing one?
YOU HAVE! But are worried about the costs associated with this? Well let's have a look at the comparisons.
EMPLOYING A FULLTIME BOOKKEEPER
Salary: expect to pay around $40,000.00 - $50,000.00 plus superannuation of 9% for a good employee.
Also you have annual leave, public holidays and sick leave to pay too. Also you have workers compensation insurance and the added cost of recruiting staff.
What is the difference between a BookKeeping Perth and an Accountant?
Bookkeeping is the recording of financial transactions. Transactions include sales, purchases, income, and payments by an individual or organization. Bookkeeping is usually performed by a bookkeeper. Bookkeeping should not be confused with accounting. The accounting process is usually performed by an accountant. The accountant creates reports from the recorded financial transactions recorded by the bookkeeper. There are some common methods of bookkeeping such as the Single-entry bookkeeping system and the Double-entry bookkeeping system. But while these systems may be seen as "real" bookkeeping, any process that involves the recording of financial transactions is a bookkeeping process.
