If you run a medium sized business with a few employees, then at some point you will probably need to employ a specialised bookkeeper. It can be hard to find someone with relevant book keeping experience, especially if you don’t have a lot of work or if you can’t afford to pay high wages.
However, it is very important to be selective when it comes to choosing the right bookkeeper as well as financial advisor for your business. After all, they will end up being in charge of everything from payments to other staff members to keeping records of business income and expenses. Their records will essentially form the basis for your tax returns, which means that a bad bookkeeper can lead to a lot of problems with the Australian Tax Office (ATO). Consider the following things when looking for a new bookkeeper: