Bookkeeping in business, is the recording of financial transactions and forms part of the accounting process.
We provide comprehensive bookkeeping services that keep track of all your sales, income, receipts, expenses and payments. Information that is up to date and available, so you’ll always know where you stand.
Debtors & Creditors Management
If the cash flowing out of your business exceeds the cash flowing in, you can quickly be put out of business, even if this cash deficit is for a short time.
Small businesses are especially vulnerable to cash flow problems because they tend to operate with insufficient cash reserves.
Integral Business Services understands how to manage your debtors and creditors to benefit your business and cash flow. This function is vital to a successful business.
Payroll & Superannuation
Payroll obligations don’t need to interfere with your business leadership anymore. Integral Business Services has trained professionals on staff to ensure your business is meeting its obligations; let us worry about the regulations, keeping track of all salaries, wages, bonuses, and deductions for each of your employees, while you focus on the real business.
All employers must comply with the laws concerning superannuation. Integral Business Services can handle all your employee and superannuation responsibilities to make sure your business remains compliant with these laws.
Management Accounting & Reporting
Integral Business Services translates numbers into useful information to help your business make sound decisions and achieve maximum success.
Detailed reports and analysis will show you what your business is doing right and where things might be going wrong. Identifying these areas could not only save your business but give you a cutting edge.
Most businesses would need a high-end Financial Controller on staff to obtain this is information, but Integral Business Services can help small, medium or large businesses get the benefits that big business have without the overhead.
Budgeting & Cashflow
Your businesses Cashflow and budget is one of the most important management tools you can have. It will highlight potential problems and, because you are preparing it in advance, it’s a planning tool, which will give you time to find ways to prevent those problems or minimise their impact.
Integral Business Services can work with you to implement and manage a budget/cash flow that works for your business, with reports back to you on a weekly/daily/monthly or annual basis depending on your needs.
Budgeting is an important management tool because it enables businesses to manage their business, make informed decisions on management information, for example, how actual performance compares with budgeted performance.
No matter what type of industry you’re in, you can’t avoid the trap of administrative duties that come along with running a small business. Integral Business Services provides a full range of admin services as part of its service.
Leaving the behind-the-scenes work to us will leave you free to focus your time and energy on your business and profit growth.