May 2021

If you only have one or two employees, it’s pretty simple to write them a check for the hours they’ve worked. But as your business grows, more checks to write and benefits to manage means more opportunities for mistakes. Unfortunately, accounting mistakes can cost you big time. Working with Bookkeeping for Wealth can help you avoid many of the most common mistakes and keep your business moving forward with as few snags as possible. Here are a few examples. Reports With Errors There are several types of payroll reports that you must generate and file. A bookkeeping service will know which ones you need and when you need them. Having these filed late or with errors can get you in trouble with the government. Missed or Inaccurate Payroll According to Employment Hero, Australian workers regularly encounter payroll errors. Unfortunately, many millions of households would suffer a devastating blow to their personal comfort if their money was late by just one week. For workers living paycheck… Read More »Financial Missteps A Bookkeeping Service Can Help You Avoid