Key Roles Of Outsourced Bookkeepers In The Business Growth

March 3, 2022    Bookkeeping Perthwide

Your books reflect your business. In order to grow your business not only in the short term but also in the long haul, proper maintenance of the business’ books is as significant as any other process of your company. An in-house bookkeeper is not recommended for a number of reasons. It is recommended you get an experienced outsourced bookkeeper to help you with the bookkeeping requirements of your company. Let’s see how outsourced bookkeepers can help in the growth of an organisation.


An outsourced bookkeeping service can help enhance the scalability of your business. As you grow your business, your bookkeeping team can also grow with you. So, you will be able to add new members with specific skills, create redundancies when required and grow your company by hiring new full-time employees without pausing for a moment.

An efficient outsourced team can help you with the following tasks as you scale your business:

  • scale-up back-office processes like accounts payable and payroll, and drive your company forward
  • analyse the financial strengths and weaknesses of your company to help you make calculated decisions that would enhance your performance
  • handle additional financial reports like trial balance briefs and quarterly reports
  • make precise speculations about the future of your company

Read More:- How Is A Payroll Management System Useful For Your Business?

Lets You Focus On Other Business Areas

A business has several areas that need to be administered and prioritised. As a business owner, you should not keep yourself engaged in handling your company finances when there are other things to focus upon. That’s where an outsourced bookkeeper can help you with sorting your finances and improve the productivity of the business.

Your role should always be to delegate various responsibilities to people who are experts in specific areas, outline the goals and stay away from micromanaging your employees. That’s how you can ensure more success for your business and improve its growth.

Saves You Money To Invest In Important Things

An in-house bookkeeper needs to be kept on your company payroll, so it costs you unnecessary money even when the bookkeeper does not have any work to do for a significant amount of time. The payroll should be reserved for the employees who are regularly bringing in money and adding value to your business, like the marketing team and the sales executives.

When you outsource a bookkeeper, you only pay for the specific task and nothing else. Your bookkeeper does the job when you send him/her the company’s financial data at the end of a week or month, and you are charged only for the work done in that time period. It saves you a significant amount of money which you can invest in other important things.

Increases Account Security

Often business owners have the notion that outsourced bookkeeping services can weaken their account security as the data will be moved offsite. However, it is not correct. In many companies, the bookkeeping is handled by a single in-house bookkeeper, and if that person does not have sufficient knowledge in IT, he/she may not know how to identify the security vulnerabilities or whether the bookkeeping software is up-to-date or not.

On the other hand, an outsourced bookkeeper will keep your data secure in a cloud-based system which you will always have access to in a very secure and sophisticated way. Bookkeeping firms usually keep IT experts to frequently monitor whether your company data is totally secure and up-to-date.

Prepare Your Financial Statements

A bookkeeper is typically responsible for preparing three primary financial statements for your business – the balance sheet, the profit and loss statement and the cash flow statement. Having a dedicated bookkeeper will help you maintain updated statements every month and again at the year-end.

The balance sheet shows the balance of liabilities and assets of your business. Your business’s operating expenses and bottom line are reflected in the profit and loss statement. And, the cash flow statement includes the cash flowing in and out of the company. These data show the overall health and position of your company and help you make informed and calculated decisions. Properly organised data also benefits you during tax season.

Read More:- Reasons Why Startups Choose Outsourced Bookkeeping Services?

Keeps Your Business Compliant At All Times

Outsourced bookkeeping professionals help you stay compliant at all times and ensure your business does not face any difficulties from the concerned authorities. When reporting to the Australian Securities and Investments Commission (ASIC) or the Australian Taxation Office (ATO), you will not have to worry about breaking any rule with an expert bookkeeper who promotes good practices.

Your external bookkeeper also helps you stay on top of your BAS (Business Activity Statement) schedule. Staying up-to-date on your everyday data entry and maintaining well-organised books becomes a lot easier when you have an efficient finance team. Get in touch with the reputed bookkeeping firms to know about the bookkeeping services they provide.

Relieves The Pressure On The Management Team

Outsourcing your bookkeeping requirements relieves the burden on the management team of your business. Your employees won’t have to leave their dedicated work to process payroll or assist your tax accountants. The leadership team can focus on the innovation and growth of the business. Your financial data is recorded accurately by an outsourced bookkeeper while freeing your management from the tiresome day-to-day reporting that can slow down the growth in the long haul.

Helps You Make Quick Decisions

With so much competition in the market, you do not want to waste even the smallest amount of time going through the disorganised financial data of your business. As the outsourced bookkeeping experts are well-versed with government compliance, the latest regulations and tax laws, they ensure you make better and quick decisions for your company. They keep all your company’s books in order at your disposal for you to refer to from anywhere at any time.


If you’re a business owner who runs an organisation in Perth, contact one of the most reputed firms of bookkeeping Perth, the Bookkeeping Perth WA, for your bookkeeping requirements.

Need Professional Help?

Complete the form below for a fast response

  • I have been using Bookkeeping Perth WA for about seven months now and I am very happy with the services provided. Efficient, practical, easy-to-use, high attention to detail, Bookkeeping Perth WA takes the stress out of bookkeeping, wages, and invoice management for my business. Would highly recommend it to business owners who want to focus on their core product and have their bookkeeping left to a professional outfit with excellent customer service and results.
    Maria Jones
  • I was in a dilemma while finding a good bookkeeping service in my city Perth. After searching online, I came in contact with Bookkeeping Perth WA. The accountants advised me cloud bookkeeping for my business's accounts and which sounds better than what I used to practice for my firm. After a positive experience with their cloud bookkeeping services, I went ahead with complete accounting services to fully outsource the accounting of my business. Thank you guys for simplifying and making my business's accounting so smooth.
    Praveen sharma
  • For the past few years, it was a huge burden for me to handle all the accounting works of my business by my own. But after getting in touch with the accountants of Bookkeeping Perth WA, I got to know why they are trusted by many businesses in my city Perth. They managed the accounting books systematically and minimised the taxes while keeping up with the business benchmarks. So I have to give them a 10/10 if not 11. Thank you Bookkeeping Perth WA & team for taking the bookkeeping load off of my head!
    karan Singh
Contact Us For The Best Bookkeeping Services.

Copyright 2024 Bookkeeping Perth WA All Rights Reserved.
Enquire Now
Call Us Now