A BOOKKEEPERS TAKE ON FRAUD PREVENTION
Fraud and financial error, employee overspending on credit or a fraudulent cheque; there are ways to prevent such expensive mistakes:
1) Have a relationship with your accountant/bookkeeper
-Many businesses only interact with their accountant during tax time; missing the real value of the service they can provide in monthly advisory skill.
-A monthly check-in allows the business owner to review the books and ask the necessary questions. An experienced Bookkeeper can walk you through an explanatory journey through quick books.
2) Request detailed invoices
-Detailed invoices from a business vendor or partner keep you informed and alert to mistakes and fraud prevention; as well as the ability to go back later for that double check.
3) Track and manage expenses
-A multiple people company credit card demands a precise system to curtail card expense. Unnecessary spending happens without proper training and accountability. A company credit card requires an expense report following each transaction, including limits on spending; a BUDGET.
-Financial mistakes can be devastating to your business. As a result many business owners employ the sound service of a quick books bookkeeper.
We at BONSE BONSE Real Time Bookkeeping; known for our foundation of integrity welcome you our customers as we moment by moment assess your business, keeping it fortified and progressive.
August 28, 2020
by: Sally Cooper
reference: Danielle Higley