7 Reasons why your bookkeeper is your business’ best friend!

  1. Expertise – Now we’ve all heard of a ‘jack of all trades’, knows a bit of everything, is an expert in nothing, well why would you not hire an expert of their field. They know their numbers and they know them well. Because of this expertise they have when it comes to recording and managing your finances it consequently makes you look good right? Along with all of the advice they can give you regarding paying off debts and probability of future investment. Besides who doesn’t love a friend that does stuff for you?

office-pen-calculator-computation-163032 matrix-3109378_12802. Peace of mind for all you busy business men and women out there, from large to small and everywhere in between there is a lot going on in your mind. Even as you read through this you are thinking of that never ending list that continues to demand your attention. Well the beauty of a bookkeeper? There is one, very large box that can be ticked off on that weekly to do list for you!

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  1. Clarity – it’s realising that for the last 20 years you’ve needed glasses and you FINALLY get them and everything once again becomes clear. You know your books are up to date with everything recorded and in the one place and not strewn everywhere. It no longer becomes a maze or as difficult to navigate like Sydney, yet more similar to Melbourne, straight, easy and direct.

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  1. Because of the money of course! Taking the stress out of making sure everybody is paid on time. And oh the weight that is lifted off your shoulders knowing full well that it is taken care of by people who LOVE to be organised! Everybody has a thing and numbers and organisation is theirs! For some of your employees it is really important that they can rely on their pay to be processed on particular days, therefore knowing they get paid on time ALL the time makes them happy with you! Because we all know disgruntled employees do not make it an easy or happy workplace

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  1. The dreaded tax time. That knock on the door from the tax man. A time of year, unlike those part-time uni students and Foxtel (who love their annoying EOFYS ads), the rest of us tend to fear. Just imagine that feeling of being stress free as you hear all these ads bombard you TV and radio, knowing the only thing that concerns you at this time of year is when to get your Foxtel installed.
  1. KPI’s. Targets. Objectives. Accurate books in combination with your new best friend makes for the best tools to measure your finances. Used to compare to your goals and objectives of your business to have an understanding of how financially successful your business has been over a period of time. Your bookkeeper can provide clear numbers of all transitions, making it a simple task to compare inputs to outputs and easier to make predictions regarding the financial future of your business.

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  1. Because who wouldn’t love another best friend!

LET US MAKE YOUR LIFE EASIER!

Call Superior Accounting to make your life less stressful, and leave your books in the hand of experts.

Let us show you what best friends are made of!

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The Bit Coin Breakdown

Bit Coin

Because why have a whole coin when you have a ‘bit’ of it?

So for those of you out there who may have been living under a rock and have never heard of the term ‘Bit Coin’, or simply have no clue what it is, I’m here to help.

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Bit Coin is the world’s first decentralized cryptocurrency.

But if you’re like me and that sentence just confused you more, lets break that down a little.

So cryptocurrency isn’t a bank, cryptocurrency is an exchange.

It refers to the digital information that is exchanged in return for goods and services.

You remain anonymous. You are nominated an address, but when we say address we actually mean close to 30 characters that is you.

Its global, none of this snail mail. Location is no problem.

They say that the public key cryptography system they use to secure your information is more secure than Fort Knox, but if any of you have ever seen Die Hard with a Vengeance (debatably the best of the Die Hard franchise, I dare you to convince me otherwise) then I don’t know whether you’d call it impossible, (just ask Tom Cruise). But only you have the key. You as the owner of the private key of your address can send cryptocurrency.

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Bit Coin is only one of many different types of Cryptocurrency’s around on the big bad web. But it’s free for the taking, anybody can download it and start using it to exchange cryptocurrencies.

Once it’s gone its gone. Just like that text message you send to the wrong person. Once a transaction is confirmed there’s nothing anybody can do to save you. Not even Bruce Willis. And that says a lot.

The decentralised part of this cryptocurrency becomes important when we look at making international deals. There’s no fuss in regards to working out exchange rates and extra charges. Not to mention those pesky politicians don’t have a say in it. No interference on their part, no crazy hiking of interest rates. It’s independent and transparent.

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The block chain is what Bit Coin uses to store and track its transactions – a digital ledger of transactions if you will. It distributes digital information without copying it. No one single body can control it, and everyone can edit it. It’s your cryptographic key that keeps you safe! The block chain is like your wallet, and with it being decentralised you are the only one in charge of your funds.

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Talk about a big database! It continually updates and is completely public. There is no central information to target to get access. It’s allowing all parties to view and edit the transaction without locking anything.

So what do you think?

Is it worth the investment?

Is this the way of the future?

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