If you are new in the business industry, chances are that you are learning new things, new terms and new ideas for a better business every day. Which is something very good and very beneficial for the start of a new business. It is likely that you have started a small business and you look forward to a better and bigger setup in the future.
To have a better and bugger business setup in the future, it is a must that you start a complete and fully featured small business. If you do not have the required resources for the new business now, you can gradually take up to the required things and get what you need.
What is book keeping and why is it needed?
The book keeping is one of such tasks that you require for your business. The book keeping is the process of keeping the records of all the transactions made by a firm and further they classify these transaction records based on certain categories. The people or the team doing these tasks are called the book keepers. Since the book keeping task is the base of all the accounting tasks, it cannot be ignored. Therefore if you are a single person and you are running the firm on your own, you have to do this by yourself like all the other things, if you have started a small business then you can hire a person to do the management and book keeping for you, further if you are having a big firm and you expect a lot of growth, then you can hire a team of professional book keepers to get things done for you.
Who is a book keeper?
The accountant or the book keeper is the person who stores, classifies and records the transactions of the company. He then analysis this record, extracts information from it, review the transactions and reports all the financial matters of the company to the authorities so that they can get an idea of all the finances in a single glance and design a strategy according to it for the future.
Who is a controller?
A controller is a person who performs the managerial tasks on the data presented by the book keeper. The book keeper has to deal with the records while the controller has to take decisions based on the analysis of the book keeper. The small businesses usually do not hire the controller separately, the person doing the book keeping also does the job of the controller.
If you are looking forward to set up the book keeping system from you company as well, you can look for the services of some professionals in the field. The bookkeeper gold coast and other such professional experts are there to offer their services and expertise to the companies who are looking forward to goal keeping and controller jobs.
