The Quinn Group | The Quintessential Brief

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September 2009	Accounting	- Small Business and General Business tax break - The Education Tax Refund
	Legal	- More protection for consumers with new legislation - Buying a property-is a Trust right for you?
	Marketing	- Your company's database-untapping it's potential - Value of client testimonials
	Small Business	- 'Great' businesses can be 'small - 50% of businesses are uninsured
	Featured Service	- Quinn's Bookkeeping Services
	From the Desk	- From the Principal, Michael Quinn
	At Quinns...	- Christmas in July
	Important Dates	- Dates to remember this quarter
	Staff Profile	- Fiona Dunn
	Client Spotlight	- Rizer

Quinns Bookkeeping Services

At The Quinn Group our team of accountants can provide businesses with a range of bookkeeping services, including:

Accounts Payable
Accounts Receivable
Bookkeeping for Small Businesses and
New Businesses
Business Activity Statements (BAS)
Debtors Management
Invoicing
Management Reporting
Monthly Reporting
Payroll
Reconciliations
Software Training

It is a requirement of every business to maintain a record of all their business’ transactions, in other words, maintain a bookkeeping system. A bookkeeper is often needed to perform this duty. The primary role of a bookkeeper is to identify, measure and record a business’ financial transactions.

Though it may be done manually, most bookkeepers choose to use a computerised accounting system such as MYOB or QuickBooks.

This processing of information allows the decision makers to make informed decisions regarding the overall performance of the business as well as significant transactions and purchases. Consequently, it is very important that all this information is diligently recorded by the bookkeeper, as inaccuracy of financial information will make it difficult for the owner and any potential investors to accurately evaluate the profitability of the business. Not to mention the possibility of fines and other penalties that may be imposed by the ATO for reporting incorrect figures.

As both accountants and bookkeepers we are able to do more than just maintain your books. We can visit you at your place of business and carry out regular bookkeeping functions as well as analyse the data and provide you with suggestions and advice on how to improve and maximise your business’ financial position.

For more information in regards to the bookkeeping services that are available to your business contact The Quinn Group on 1300 QUINNS or visit our website at www.quinns.com.au and submit an express enquiry.

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Disclaimer: The contents of this document titled “The Quintessential Brief” (the ‘Material’) are provided as general information only. It is not intended to be given as advice and should not be relied upon as such. If you are concerned about any issue raised by the Material then you should seek your own professional advice. No warranty is given in relation to the accuracy, currency or completeness of the Material. No reader should act on the basis of any matter contained in this publication without first obtaining specific professional advice. Where applicable, liability is limited by the NSW Solicitors Scheme under the Professional Standards Act 1994 (NSW), and other relevant state legislation. The Quinn Group respects your privacy. Should you not wish to receive this newsletter in the future please contact us on 1300 784 667.