What is a bookkeeping rescue and should I do it?
We understand better than most how time consuming running a hospo business is – more often than not the focus is on staffing, service and product quality. Customer satisfaction, naturally, should be your number one priority though, given its status as the one thing that converts to revenue, positive reviews and a pumping biz. Add in the perpetual headache of maintaining top-notch bookkeeping and you may be heading towards a tax debt, or arguably worse, a pay dispute, but that’s why we’re here.
It goes without saying: tidy bookkeeping is essential to running a successful business. So! With the EOFY quickly approaching, the questions begs: how neat and tidy are your books?
What is a bookkeeping rescue?
Put simply, it’s a tidying up of your business’s files. It’s also an opportunity to make your working life a whole lot easier. When you’re looking at a bookkeeping rescue you need to consider the following:
How are you managing your incoming supplier invoices, debit and credit accounts and bank reconciliation?
Are you applying GST where you should?
Are you using smart platforms such as Dext to manage your receipts and invoices, and Xero for your account management?
Are you BAS ready?
If the thought of answering these questions causes much dismay and prompts thoughts of running back into the kitchen, cleaning those tables again or rearranging the wine cellar, then we have the solution.
Look like you need one? We can help!
Your time is valuable! If you’re an extrovert, a people person or a genuine hospitality pro who thrives on leading your team on food journeys and blowing customers away with unreal service and amazing food, then you’re well on your way to success. Let us help streamline and simplify your books and accounts. We can be the inner business introvert so you have the time to focus on what you do best – HOSPO.
Contact us here to discuss your individual needs and get prepped for EOFY season!