Managing accounts payable is crucial for maintaining healthy cash flow. Timely payment of bills, whether to suppliers or for other expenses, is essential to avoid unexpected costs and late payment penalties. Suzy can ensure that all your bills are scheduled and paid on time, helping you stay on top of your financial obligations and avoid any unnecessary expenses.

Accounts Receivable represents the payments you receive from clients for services rendered or products supplied. Consistently sending out invoices is crucial for maintaining a steady cash flow. Inconsistent invoicing can lead to unpredictable income, making it challenging to cover your own expenses. Additionally, if you don’t have the time to follow up on unpaid invoices, you risk losing out on money owed to you. Suzy can handle this for you by promptly sending out invoices, monitoring payments, and sending reminders when necessary.

Suzy offers a comprehensive range of administrative services to ensure your business operates smoothly, whether in a digital or physical office environment. Responsibilities include managing phone calls, emails, and calendars, facilitating internal communications, preparing reports, and ensuring office equipment and supplies are always in order. Additionally, Suzy can handle managing correspondence, scheduling meetings, handling documentation, and maintaining records. Suzy can also assist with payroll and provide support to various departments. Through her effective administrative work, Suzy will contribute to a well-organised and efficient workplace, ultimately supporting your business's overall success.

Suzy can manage your bank reconciliations, ensuring you always have an accurate picture of your business bank account balance. Regular bank reconciliation allows you to monitor outstanding invoices, effectively manage cash flow, and maintain a clear view of your business’s financial health.

As the end of the financial year approaches, your accountant will need the necessary information to finalise your yearly figures and submit your tax return. Imagine the peace of mind knowing everything is ready and accurately accounted for at that time.

By keeping your day-to-day finances in order, Suzy ensures the foundation for precise end-of-year records. Each week, they update your figures and address any issues as they arise. This means that when the financial year ends, they can quickly generate the necessary reports and checks your accountant needs to lodge your tax return.

If your business is liable for GST, Inland Revenue (IR) requires regular filing of returns and timely payment of any owed amounts. Partnering with Suzy, who stays current with the latest IRD practices and filing deadlines can streamline this time-consuming process, ensuring your compliance and peace of mind.

Running regular reports is essential for understanding your business’s financial health. These reports reveal whether you are making a profit or a loss and assess the effectiveness of your budget. At year-end, you’ll have all the necessary records neatly organised for your accountant. Knowing which reports to run and when can be challenging for business owners. However, with Suzy, you won’t have to worry about this. They can generate the reports for you and help you interpret the financial insights they provide.

Your staff are the lifeblood of your business, and a good employer should pay on time. But payroll can be complicated, especially when dealing with timesheets or factoring in holiday or sick pay. Suzy can ensure your staff get paid when they should and that all leave balances are kept up to date. Having someone take on this vital role ensures that your staff are happy and that your records are accurate year-round.