Frequently Asked Questions

What are the typical bookkeeping duties consist of?

Firstly, we make sure efficient bookkeeping software is set up according to client’s needs.  Once this is done, we keep track of all financial transactions in an accurate and systematic method.  Our duties include: entering receipts, tracking sales, preparing invoices, completing and filing government reports on a timely manner, taking care of employee’s records and payroll, and maintaining a general ledger.  This is just a few.

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What is the difference between a bookkeeper and an accountant?

This question comes up often.  The biggest difference between a bookkeeper and an accountant is money.  Accountants charge a much higher rate and are best used in analyzing the financial strategies of a business.  Bookkeepers help more with tracking the day to day finances of your business.  Both are important to your business.  Knowing the difference between them can save you lots of money in the long run.
 

Why would you need to hire a bookkeeper?

If getting a clear financial picture of your business is important to you, than, you need a bookkeeper.  You need to achieve an organized system of storing your financial records.  You also need to know where you are financially in order to make decisions on upgrading machinery, spending money on marketing and for obtaining loans.  You can learn to do all this yourself, but it’s much easier to find a bookkeeper you can trust and build a relationship with and take the pressure off.  Focus on what you do best, with a reliable bookkeeper, you’ll know it’s all taken care of and have peace of mind.
 

How much time will you spend?

Every business is different.  Depending on your specific needs, I have current clients whom I provide my services on a daily, weekly, monthly, quarterly or annual basis.  It all depends on how much time you need and how big your business is.
 

Cost on hiring a bookkeeper?

The cost of a bookkeeper depends on experience and the volume of work involved. Call us and get a quote specific to your business in Kelowna, BC.

In the 24 years I have been in business I have helped many small and home based busnesses to get a handle on bookkeeping needs.  I am happy to say, it feels good to see the expression on my clients faces when they review their financial statements and it makes sense and it is always nice to know that I am only a phone call away for any questions or concern they may have.

Do you provide Government accounting forms?

Where can I get some information or tutorial on simple accounting concepts?