As your business grows and your financial responsibility expands, there comes a time when you need a qualified professional to manage the money.
A skilled bookkeeper will oversee your financial information, keep track of your transactions and turn your data into reports. Yet with thousands of bookkeepers in Australia claiming they can meet your business’s requirements, how do you know where to find the best?
The right bookkeeper fulfills a number of duties in your business including recording and processing incoming and outgoing transactions, taking care of banking duties and producing reports. It’s a role that requires specialised skills such as impeccable time management and organisation.
Bookkeepers don’t come much more experienced than Pat Robards, who has 30 years’ worth of experience in accounting and business, often in management and leadership positions. When you approach Pat Robards Advisory to take control of the bookkeeping aspect of your business, you know you’re getting the industry’s best and most experienced.
How We Work
Once known as Accounting With a Difference, Pat Robards Advisory now offer advice and consulting services for accountants, business owners and other financial professionals, bookkeepers included. Once you get in touch with us, we can sit down with you and discuss your particular set of circumstances, and how we can help you to overcome challenges in your business.
We can help train new bookkeepers to handle your business’s financial needs or lend our own bookkeeping services to a particularly large and ambitious project that you don’t want to take any risks with.
Contact Pat for a consultation and he’ll figure out how best he can assist you.
How to get started
If you’re relatively new to business and bookkeeping is a recent development, here are some tips to get you started:
Start simple: an accounting book with columns or ledgers, a program like Excel or an accounting software program like Xero (read on to find out more about that).
Set up a separate business bank account. This one is a given when you start making serious money, but if you want to be ahead of the game, it’s worth sorting out early.
Accurately record every transaction and make sure the books are balanced. You want keep to record each transaction and the account it goes in and out of to avoid any discrepancies or troubles down the line.
Don’t neglect the importance of storing records securely. You don’t want to run afoul of the law and you definitely want to make sure you always know where to find invoices.
Do you need help with your bookkeeping?
To get started, all you have to do is get in touch with Pat Robards Advisory. The more information you can provide us about your business’s accounting needs, the easier we’ll be able to help you.
The role of the bookkeepers can make or break your business.
Whoever fills the role needs to offer value for money and make sure the business expands, not goes bust. With his many years spent in charge of various successful businesses, Pat has proven his reliability and competence.
It’s possible to become a bookkeeper by completing a Certificate IV or Diploma in Accounting at a TAFE institution. A course will teach you the basics of bookkeeping and allow you to hit the ground running, but it won’t give you the 30+ years of experience of somebody like Pat Robards.
Pat has an Advanced Diploma in Accounting from TAFE NSW and a Bachelor of Business with a major in Accounting from Southern Cross University. He’s been a senior accountant as well as a General Manager and a Principal and Tax Agent with his own business Robards and Rose.
Taking on bookkeeper responsibilities, Pat can help your business in numerous ways including:
Managing your transactions and keeping immaculate records of them for future reference.
Processing payments and conducting banking activities in a timely manner.
Reconcile the records for every bank account each month.
Set a budget and stay within it.
Do you have a specific bookkeeping inquiry? Get in touch with Pat Robards Advisory to find out how we can help meet your needs.
Pat Robards Advisory use and recommend Xero Bookkeeping, a web-based system designed to help small businesses grow with a range of useful tools. Xero makes it easy to keep track of your bank transactions by allowing quick categorisation of them, displays up-to-date charts of your transactions and allows you to pursue outstanding invoices with automatic reminders.
Pat knows the program inside and out and can show you how to get the most out of Xero for your own business.
Bookkeeping is one of the services Pat Robards Advisory can provide, but it’s only the beginning of the financial services on offer. Get in touch with us now to find out more about how we can improve the financial health of your business.