BOOKKEEPING
SOLUTIONS
- FREE
initial consultation(s) and fixed price monthly fee
-
Reliable and affordable bookkeeping services for all small businesses
-
Make your records 'accountant ready' and reduce your end of year
accounting fees
Are you looking for skilled, professional and reliable assistance,
to handle all of your bookkeeping requirements? Look no further!
We will save you time and money.
In direct response to the needs of our clients, we have now established
in-house, our own small team of experienced book keepers to prepare
your monthly financial accounts and reports in MYOB accounting software.
This includes:
-
Monthly profit and loss
-
Balance sheet
-
Debtors Ledger
-
Creditors Ledger
-
BAS information for GST
-
Bank Reconciliation
These tasks can be prepared in a simple and timely fashion on a
fixed cost per month basis. The intention of this service is to
replace the 'shoe box' accounting of sole practitioners and home
based businesses, which are without the resources of an experienced
book keeper and to provide accurate financial information. This
is the absolute minimum requirement for managing a small business
in today's environment.
We will take the guesswork out of your real financial status, to
allow you to be in control, so you can now make informed decisions
about your business.
It has long been recognised that a major cause of small businesses
ceasing to trade, is their poor record keeping. As many as 1 in
10 small businesses fail due to inaccurate record keeping necessary
for ATO requirements.
There are two main reasons why these businesses neglect their
record keeping
-
Lack of time
-
Lack of expertise
-
Lack of funds to pay for support
You need to decide whether to spend your precious time in producing
your product or service - which is what you do best or pay a bookkeeper
to keep your records for you - which is what we do best
Outsourcing to other experts is by far the most efficient and effective
solution.
The
Bookkeeping support we provide
Using a bookkeeper to make your records 'accountant ready' will
save you money, as our fees will be lower than if you use an accountant
to complete these regular tasks.
Our bookkeepers will make contact with your accountant to ensure
the Chart of Accounts is set up as the accountant requires. To ensure
that the accounts are set up correctly requires someone who understands
accounting procedures.
Your bookkeeping system will be structured so that you can measure
the viability of the business by comparing these following five
key indicators at least monthly:
- Turnover
(total revenue)
-
Debtors (what is owed to the business)
-
Creditors (what the business owes to others)
|
- Stock
value
-
Overdraft or cash in the bank.
|
Our
Bookkeepers will provide:
|
Company
set up
Data entry
Chart of accounts set up & maintenance
Debtors & creditors
Reconciliations
Assistance in Bas/IAS Preparation & Lodgment
Superannuation
Payroll set up & running
|
- PAYG
Payment summaries
-
Banking
-
Financial Reporting
-
Profit & Loss reports
-
Balance Sheet
-
Accounting software upgrades
-
Liaising with your accountant
|
A
word of warning.
Most mistakes with the BAS and general accounting procedures are
made because of the wrong installation of software and the wrong
accounting codes used.
Accountant
All of the book keeping work prepared by us will assist your accountant
greatly with the preparation of your income tax return (which will
correspond with your BAS returns). Your accountant will be able
to offer you assistance with:
- Preparing
Cash flow projections
-
Cash Flow Management
-
Budgeting
|
-
Financial analysis
-
Assistance with costing / pricing
|
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