Our experienced bookkeepers use the latest technology to streamline the bookkeeping process, making it faster, more accurate, and more efficient. This means you can focus on running your business while we take care of your finances.
Efficient tech streamlines bookkeeping, so you can focus on your business.
We will send you a snapshot every month to see what your money is up to.
We will find errors and recommend improvements for your Xero file.
After you sign up with Krunch, we’ll pair you with a dedicated bookkeeper.
Your bookkeeper reconciles your accounts, categorises your transactions, prepares bills for payment, helps with invoicing, processes payroll and produces your financial statements. They also make adjustments to your books to ensure they’re accurate and tax-compliant. Occasionally your bookkeeper might need your input on things like receipts that didn’t get a photo taken or a payment approval, but we try our best to make bookkeeping as hands-off as possible for you.
You can also book a call with your bookkeeper (or send them a message) whenever you’d like. There’s no extra fee or hourly charges for support—we’re always happy to nerd out about bookkeeping and your financial statements.
Once we receive all of your documents, we’ll complete your bookkeeping for the month within 15 business days. This gives us enough time to make any necessary adjustments before the end of the month.
We are completely paperless bookkeeping office and will have the best toolkit in place to get documents from you. All you need to do is to give us access to your dedicated accounts email address. If you don’t have, we will assist you to set one up, as it is a major time saver for business owners. For all the on-the-go expenses and payments you made on your card, you will simply take a photo of with an app which we will setup for you.
Bookkeeping is the process of recording daily transactions in a consistent way, and is a key component to building a financially successful business. Bookkeepers take care of the day-to-day financials, like posting credits and debits, maintaining the general ledger, and completing payroll.
Accounting is a high-level process that uses financial information compiled by a bookkeeper or business owner, and produces financial models using that information. Some accountants do bookkeeping also, especially at year-end when their client’s haven’t gotten around to do it or when incorrectly categorised transactions need to be fixed. Quite often, accounting fees are significantly higher, so it may be more cost-effective to get a bookkeeper to review your bookkeeping before it gets sent to the accountant for filing.