Heyer Inc | Accounting and Tax Blog

Bookkeepers take on many varying responsibilities when they’re employed to work within small businesses – some bookkeepers even specialise in certain areas – but their main efforts centre around organising all the financial transactions involved with operating a small business. Listed below are just a few of them:  Tracking and recording all daily financial transactions  Managing accounts receivable (chasing late payments) and preparing and mailing invoices to clients  Managing the… Read More

If you’ve recently set up a small business, you’ll need to start preparing for your taxes right away. It’s imperative that you have a well organised bookkeeping system right from the get go, so that you can begin keeping accurate records and receipts for all deductions. Not only does this help you to stay organised, but it will see you getting the maximum tax breaks that you’re entitled to, and… Read More

Day to day bookkeeping is of course essential, but many small and medium sized businesses find themselves getting bogged down in it, leaving them with precious little time to focus on other aspects of their business. Should the vital elements of day to day bookkeeping become overlooked, or simply skipped due to time and other constraints, your company will quickly find itself suffering. Keeping up to date with your bookkeeping,… Read More

Business owners the world over, spend countless hours each day, week, and month tracking their accounts, and recording their expenses. Even small business owners find this to be time consuming and often frustrating, particularly as there are other areas of their business that they would prefer to be working on. There is perhaps only one way of ensuring that as a business owner, you’re able to spend your time doing… Read More

For any small business owner, tax time can evoke a sense of dread and foreboding, and it can be a very stressful time of year all round. Because of the stress and urgency surrounding tax time, it’s easy for business owners to make myriad mistakes when preparing to file their returns. To help in avoiding making potentially costly mistakes, we have compiled a list of some of the most common… Read More

Maybe you’ve recently set up your own business and have taken on a small workforce, or perhaps your company is growing along with your staff? Whatever your circumstances, you will quickly need to get on top of payroll and ensure that your employees are being paid on time, and accurately. Failure to do so, could easily result in a very disgruntled workforce and a down turn in productivity! Rather than… Read More