Your guide to Bookkeeping Services in Perth:
In the bustling city of Perth, small businesses are the lifeblood of the economy. From trendy cafes to boutique shops and tech startups, these enterprises collectively contribute significantly to the region’s prosperity. Amidst the daily grind of managing operations and striving for growth, one critical aspect often gets overlooked: Bookkeeping.
Bookkeeping is the practice of recording and tracking the financial transactions of a business. Bookkeepers regularly summarize this activity into reports that show how the business is doing. It sets a solid foundation for correctly reporting periodic Business Activity Statements and Income Tax Return to the ATO without any further hassle.
When the size of the business expands, it often makes sense to start outsourcing your bookkeeping and accounting. An outsource bookkeeping service frees up lots of time and energy and allows you to put off hiring a full-time employee and sorting out a new accounting software. Let’s talk about a cost: the average salary for a bookkeeper in Australia is almost $60,000 per annum, while you may be able to get outsourced bookkeeping for as little as $300 per month.