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In the age of information, so much about bookkeeping has been left unsaid, resulting in several misunderstanding cases concerning bookkeeping.
For instance, a big misconception regarding bookkeeping that has existed for years is that it only consists of data entry. This has somehow made it possible that small businesses will seldom consider it and most that take it up, always assume that it can be done by anyone who is computer literate. i.e., no accounting or any other bookkeeping skills required.
Bookkeeping as an activity has also been assumed to be expensive for up-and-coming businesses, and especially if they are small. It isn’t shocking to find new businesses shelving that opportunity until they acquire a fortune 500 status (if they ever get to that). What’s disturbing is, by the time such organizations realize the importance of good and accurate bookkeeping, they are almost always on the verge of collapsing or bankruptcy.
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Therefore, it is an accepted fact that good bookkeeping is imperative to the success of a business; not just in terms of revenue increment but also its going concern, regardless of whether it is a small or big, old or new entity.
Bookkeeper’s roles automatically let you know that there is more to the task than just data entry. Certain concepts are integrated into the task that an individual with only data entry skills may not understand, let alone implement.
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What this means is, you will need a bookkeeper with:
- proper knowledge of accounting practices.
- A great understanding of the International Financial Reporting Standards and any other accounting frameworks.
- Knowledge of how to work with accounting software.
- Experience in bookkeeping means that the bookkeeper is well vast with all areas concerning bookkeeping.
- Data entry skills.
You should also know that not only academic qualifications and experience make up a good bookkeeper. Certain qualities also make one an exceptional bookkeeper. That is;
- A good aptitude in numbers.
- Good organizational skills.
- An enquiring mind.
- Good, effective written and spoken communication skills.
- A high degree of professionalism.
- Great problem-solving skills.
- Great attention to detail.
- Discipline and capacity to perform tasks with a high degree of accuracy.
You may have noticed that the function demands a lot from a single individual, and it may be challenging to secure an individual who is all rounded and fully equipped with the above qualifications and qualities.
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At Certified Business Solutions, we are aware of how hard the task of finding a single individual with the aforementioned qualities can be. Therefore, we have recruited a team of not one but several qualified and highly trained individuals with charisma to undertake the task effortlessly and tackle all the challenges you may face in your business as your trusted partner.
Over the years, our team of experts has provided individualized professional bookkeeping services to our diverse clients. This is to say we come with full-on experience in;
- Accurate recording and analysis of financial data and information.
- Periodically maintaining and updating the general ledger.
- Reconciliation of all financial statements.
- Managing financial information using accounting software and other computer software.
- Generating accurate financial reports.
- Shaping all bookkeeping activities in a way that they comply with all relevant accounting and financial reporting frameworks.
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