QUESTION: Do I still need a bookkeeper for my business to assist with my record keeping though I know how to use an accounting software such as MYOB or XERO or similar? ANSWER: There is more to bookkeeping than just entering data and you must know how to post your business transactions or items correctly under their categories (or what is known as “Account Lists” or “Chart of Accounts”). For example, some items can be classified/categorized as assets and depreciated while some should be posted or recorded as an expense against income. These are situations where a trained and professional bookkeeper will know and can actually save you money from undetected errors if left untouched for a long period of time. Correcting numerous posting errors at year end will mean you are paying a highly costly bill to an accountant than necessary. Visit www.bbizsolution.co.nz for more information on how a Bookkeeping Pro can assist you with your business finances.