What is a Bookkeeper?
A bookkeeper keeps full, accurate, up-to-date records of all financial transactions. Proper bookkeeping can help businesses effectively manage cash flow, and stay in touch with their profits and losses. A bookkeeper can remit your GST, PST and Source Deductions accurately and meet your deadlines avoiding costly penalties and interest. Furthermore, accurate bookkeeping is required by both federal and provincial tax agencies. A bookkeeper can deal with Revenue Canada on your behalf if the need ever arises. Should I hire a professional bookkeeper to maintain my books and records? If you do not have the background skill and experience of a professional bookkeeper, than you should retain the services of a professional. It is very important to maintain a complete and accurate set of books for your business. Some of the reasons to maintain accurate records are: • To give you an indication of how well your business is performing, • To ensure you benefit from all expense deductions and GST inpu
