What to look for in a bookkeeper
When you’re looking for a bookkeeper, there are a few things to look out for.
Qualifications, insurance, membership and experience are just a few examples.
I’m Julie Williams, a bookkeeper located in Parkwood, Queensland. I work with business owners in Southport, Ashmore, Biggera Waters and Nerang.
Family is the most important thing to me and at the core of how I run my business. MLD stands for the initials of each of my family members. They helped pick the name.
My business mission is giving you freedom to set a great example for your family. I do this by giving you back the precious time you had spent on your bookkeeping process. And I take the anxiety out of compliance and deadlines by managing them for you.
I look forward to working together.
If a professional bookkeeper is your priority, Julie Williams is an ATO approved, Registered BAS Agent
As of March 1st 2010 the ATO regulated the bookkeeping industry. As a result, all bookkeepers providing a BAS Service must register.
What does that mean for you?
In the past, a bookkeeper could do a MYOB course and start charging for their services. Due to their lack of experience, they often left a mess. As a result, the client could do nothing except find someone else to fix it.
This can be expensive and emotionally draining.
Are you worried?
If you are concerned about the condition of your data file or not sure if you’re up-to-date with the ATO, we can help.
During our initial business health check we can let you know exactly where you stand.
Look for the BAS Agent symbol
An unregistered bookkeeper might be cheaper, but an inexperienced person can end up costing you more than any savings that you make. Visit the Tax Practitioners’ Board for more information.
To register with the Tax Practioners Board, a bookkeeper must pass the following requirements first. Those requirements include;
A minimum of a Cert IV in Financial Services (Bookkeeping or Accounting).
1,000 hours supervised experience lodging BAS in the past 4 years.
Minimum of $1,000,000 professional indemnity insurance.
Maintaining knowledge and skills, taking relevant courses and keeping up to date with laws.
Professional code of conduct
We are under a Code of Conduct. Breaches can mean up to $137,500 in fines and penalties. Or even loss of registration. The code covers five areas;
Honesty and integrity
Acting in best interest of the client and management of conflict of interest that may arise.
Not disclosing information to a third party without client’s permission or legal duty to do so.
Taking reasonable care to ascertain client state of affairs and correctly apply GST and taxation laws.
Timeliness, professional indemnity insurance, and correct administration of laws.
Australian Bookkeepers Network (ABN)
MLD Bookkeeping Services receive regular training and up-to-date information, that has been developed by experts in the industry. You can rest easy knowing the laws are applied correctly and that you are not putting your business at risk you would be under with an un-registered bookkeeper.