Annelise Mauritz ventured back into fSpace to update us on her bookkeeping business, Bilanz. Annelise started her business working from fSpace earlier this year and has already added an employee with plans to hire 1-2 more staff in early 2017.
Blianz offers several bookkeeping services including BAS & IAS filings, bank reconciliation, full accounts management and cash flow forecasting.
Annelise reminded us that bookkeepers are not accountants and that most businesses require both. In addition to taking care of many often frustrating and time consuming tasks, bookkeepers can offer advice to ensure that businesses are running as smoothly and efficiently as possible. They can also ensure a business bookkeeping system and all the processes that go into it are set up correctly. This prevents any headaches and time wasted to dig into records to fix mistakes that could have been prevented.
Annelise works with most accounting packages but has a particular preference for Xero. She can also advise on the more than 100 add-ons available to bookkeeping/accounting software – add-ons that can help save time and money.
While she is not a payroll or tax specialist, she knows enough to spot opportunities and offer advice on areas such as tax codes that a business owner might miss. With more complicated accounting structures or situations, she recommends getting expert advice to avoid potential penalties and fines. She also recommends all businesses have a quarterly review with their bookkeeper.
Thanks Annelise and best wishes for your continued success!