Yes they can! These statements are derived from the regular bookkeeping work they carry out, once the daily transactions and financial data is current and accurate.

Once the balance sheet, profit and loss accounts and cash flow statements compiled, an accountant would then understand and prepare the final financial statements to ensure compliance with accounting standards. Bookkeepers can help with budgeting plans and input into Xero to measure business performance too. Ask your bookkeeper and accountant, they can help build the reports your business needs, or if would like this support from us, get started below and book a chat to discuss your business needs.

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