Setting Up a Company File

Setting up a company file is one of the most important initial steps to getting your accounting software setup. A company file is where your business’s financial records are stored.

It’s one of the first things that will need to be done in the setup of your accounting system which begins with recording the name of your business. From there the experienced team at Tradie Bookkeeping Services will build your company file, from the basics of your business description through to your default list of accounts.

You may already have a list of accounts which will require importing from another company file or it may be applicable that we build your list from scratch. Records can be created from another program or created, in which case Tradie Bookkeeping Services would then modify your records and lists of accounts as required by you and your business.

Perhaps you have just started your business venture and don’t know where to start or what accounting platform to use. Could be that you already have an accounting software package but you simply are unable to figure it out. You don’t have time to figure it out! You have managed to get into the nuts and bolts of your accounting side of the business but just do not have the time to follow through.

Tradie Bookkeeping Specialists will review or recommend your accounting software package for you. We will ensure that it is correctly setup to cover all your Tradie legislative requirements.

You may be a sole proprietor and have no employees at this time. If you have just started out on your business venture and currently have just a small inventory and a handful of customers, your accounting requirements won’t require the software that a much larger or longer established business might.

We can advise on industry specific requirements or more generic accounting needs. We can review your pain points and take steps to solve these issues.

A comprehensive review of your accounting software will determine if you need more or less structure and what works best for your particular business. Using not only the best software for you, but also the best setup specifically for your business can save you a great deal of both time and money.