What Is A Bookkeeper? | ATG Accountants & Advisors What Is A Bookkeeper? | ATG Accountants & Advisors

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What is a bookkeeper

A bookkeeper is one who documents all financial transactions for a business. Bookkeeping involves the recording, storing, and retrieving financial transactions including those for:

  • Vendor bills and payments: Keeping track of suppliers’ payments will not only keep your company under a good reputation with vendors, it will also increase your credit.
  • Customer invoices and collections: monitoring invoices ensures you are getting all of your payments on time to keep a smooth cash flow.
  • Checking and credit cards: keeping track of every payment and transaction to make sure there is no fraudulent activity or incorrect transactions is essential for anyone, not just business owners.
  • Inventory management: Poor inventory tracking can cause you and your company to run out of supplies, possibly even when you need it the most, and make an easy target for theft, whether it’s from customers or even employees.
  • Recording and reconciling payroll transactions: Tax prepares will need to know these numbers to make
  • Revenue reconciliation with deposits: Categorize each transactions

 

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About ATG Accountants & Advisors

ATG Accountants & Advisors is your partner in professional and personal financial management. We are experts in providing profitability driven accounting, CFO, controller & tax advisory services for small businesses seeking growth or expansion.

Stop struggling to keep up with your finances. Gain access to an experienced accountant.
Do you want the best tax strategies?

Taxes are complicated. We make it easy.

Schedule a free 15-minute consultation with our expert to start your journey to increased profitability and well-managed finances!

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