Bookkeeping is the process of recording and tracking the financial transactions of a business. Bookkeepers regularly summarise this activity into reports that show how the business is performing.

Some financial transactions may include purchases, sales, receipts, payments etc.
With quality bookkeeping, businesses can track financial information and make better-informed business decisions.

The cost of bookkeeping services depends on the level of bookkeeping services your business requires.

If your business only requires data entry, then it is likely that the bookkeeping service price will be lower. However, if you require other bookkeeping tasks such as balancing the accounts, invoicing, paying bills or monitoring key performance indicators, then it is likely that the bookkeeping service fees will be higher.

Please be mindful that an experienced bookkeeper is more likely to charge a higher price than someone with little experience, and there’s a reason for it. In most cases, cheaper bookkeeping services tend to require revisions and adjustments, which ultimately lead to increased costs for your business.

Definitely.

Every business in Australia has a legal obligation to accurately record its accounts and meet its lodgment obligations to remain ATO compliant, so it pays to get it right.

Whether you choose to do the bookkeeping yourself or if you hire a professional bookkeeper to look after it for you, without proper bookkeeping, your account balances will not be accurate.

Having inaccurate accounts means that your accountant won’t get a clear picture of your business finances, and it becomes more difficult for you to make strategic business decisions.

Bookkeeping will help you do all of this and provide you with valuable insights into the financial health of your business.

The type of bookkeeper you require depends on your business requirements.

If you operate a large business, you may need to hire a full-time employee to do the business bookkeeping every day.

However, if you’re a small business owner, hiring experts such as DK Partners will ensure that all your bookkeeping requirements are looked after by professionals, allowing you to grow and scale your business.

Simply fill in the ‘Talk To A Specialist’ form on this page, and our friendly team will be in touch within 24 hours to assist and guide you through our hassle-free onboarding process.

Welcome to the new way of accounting.

We are online small business accountants and we offer Australia-wide virtual small business advisory & mentoring services adapting to the transition towards a digital world.

Are you tired of the endless Google searches;
“accountant near me”, “tax agent near me”, “business advisory Sydney”, “bookkeeping services in Western Sydney “Sydney bookkeeper”, “Liverpool accountant”, “accountant in Liverpool”, “Liverpool tax agent”, only to come across old-fashioned accountants who hesitate to utilise technology and don’t use cloud-based accounting software for their bookkeeping services?

We live in a fast-paced environment where things can change at any moment. That’s why we believe that your accountants should be a stable and dependable presence – one that provides certainty.

Our modern approach combines cloud-based systems, entirely paperless processes and a proactive team of accountants, ready to service you Australia-wide, anywhere, anytime.