“Making good judgments when one has complete data, facts, and knowledge is not leadership— it’s bookkeeping.”

Accounting plays a vital role in businesses. It keeps your financial records clean and your company financially afloat. Greymouse offers Accounting and Bookkeeping services which serve as a big help in keeping your company on the right track financially.

One of the experts in our team is Amitesh who just celebrated his work anniversary this August. Most of his tasks include:

– Daily Accounts Management
– Daily Communication and Email Management
– Up-to-date Record Management
– Invoice Management
– Inventory Management
– Updating Accounting Software
– Maintaining Security Standards
– Payroll Management
– Accounts Payable and Accounts Receivable Management
– Preparing Reports
– Bank Reconciliation
– Preparing Financial Reports
– Training
– BAS Lodgment and more

It is essential for business owners to always figure out ways to get better and not just get contented with what’s there— often, you can find much value in outsourcing accounting experts. Business owners should consider outsourcing as a competitive advantage that will allow them to be the best without spending excessive amounts of money and time.

Moreover, millennial entrepreneurs and business owners have embraced outsourcing, given the point that they have used technology to their advantage while growing up, they believe outsourcing is a great strategy that creates a positive effect on employees— their number one business asset.

As per Amitesh, core competencies are those with unique selling points, competitive advantages, and senior management skills responsible for the growth of the business. For organizations that use outsourcing services, any function that takes you away from focusing on your business’s key functions and adds up to the nuisance instead of gaining more profit should be outsourced. Outsourcing accounting experts frees up the time for the management to focus on the aspects of the business that drive sales, services and, ultimately, profitability, Amit explained.

Whether your organization needs to expand its services beyond basic bookkeeping, outsourcing offers scalable options that provide efficiencies and peace of mind. As per Amit, letting a team of accounting experts take over means ensuring confidence in the accuracy and the quality of financial information in the business which helps in being able to manage sales, customer relationships, and building value on the business more.

It is critical to keep your financial records clean and up-to-date for your business to stay afloat. That is why Amitesh acknowledges every day as a chance for him to learn more.

For two years, his work mantra has always been to work hard. “This is just as important as your education.” He said when asked about his secret behind getting to where he is now. “Your mindset should be: to work smart, hard and succeed.” He adds.

Because his job is very critical, he makes sure to conduct thorough research on all levels before he comes up with a conclusion. This also aids him in the process of making decisions.

“You just have to keep working. Leave the criticisms and disappointment aside.”

Amitesh advises us that it is important that you keep doing what you are good at and cherish the knowledge and lessons being handed to you. “Having to face new challenges is my favourite thing about my job.” He is also grateful to Greymouse for still taking care of the team amidst the challenges brought by this pandemic. He foresees the company going strong and having a bright future ahead. “I wish Greymouse the best in all the future endeavours; we can only anticipate.”

Don’t try to become a teacher overnight with psychological bookkeeping in your heart and educational theory in your head.