LBN Bookkeeping

WelcomeAnd thanks for visiting LBN Bookkeeping Services.Why do you need a Bookkeeper? A business needs accurate and uptodate bookkeeping for two reasons to pay taxes and to understand how your business is doing. In most successful small businesses, the owner will come to a point where he or she must choose to manage growing their business and trust another person to manage their books. Choosing the individual to help run the financial side of one's business can be confusing should you hire an employee or outsource to a service provider, or indeed engage an Accountant?Although you may get more oneonone time with an employee, you will be responsible for paying a salary in addition to vacation pay, EI & CPP etc. which can add a further 18% to the cost of the employee.Having an Accountant doing daily bookkeeping tasks is the most expensive option. Generally an Accountant is more efficient at giving an overview of the business, providing financial advice and recommendations, while a Bookkeeper handles the crucial but more daily nittygritty of maintaining business records.Outsourcing your bookkeeping requirements will provide you with professional service at reasonable rates while saving you costly employee benefits