BUSINESS & FINANCE ADMIN

Why is all the finance admin still landing back on you?

The paperwork around the books is not bookkeeping, but it is what makes bookkeeping possible — and it is usually the part still sitting in the owner's inbox.

RECORDSSUPPLIERSREPORTSACCOUNTANT

Business and finance admin at a glance

THE PROBLEM

Small tasks that never quite get done.

Receipts scattered across an inbox, a phone camera roll and a glovebox. Subscriptions nobody has reviewed in two years. A year-end request from the accountant that takes a weekend to answer.

WHAT WE DO

Give the admin a system.

  • An agreed way for receipts and bills to reach the file
  • Source documents attached to transactions, not stored separately
  • Records retained in line with the periods they support
  • Recurring subscriptions and supplier charges reviewed
  • Year-end information packaged up for your accountant
  • Ownership of recurring finance admin tasks made explicit
WHAT BETTER LOOKS LIKE

It stops being your problem.

Documents where they should be, questions answerable without a search, and the accountant's annual request handled in an afternoon rather than a weekend.

WHY IT MATTERS

Missing paperwork is what makes bookkeeping expensive.

Coding a transaction takes seconds. Working out what an unlabelled payment was for eleven months later can take an hour and still end in a guess.

At BAS time

Missing bills mean GST claimed late or not at all, and figures that cannot be substantiated if they are ever questioned.

At year end

Your accountant charges for time. Time spent hunting documents is time not spent on anything useful to you.

Day to day

An unreviewed subscription list is one of the few places a small business finds money without doing anything harder than looking.

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