Bookkeeping Services BAS Agent

We offer both full bookkeeping services and BAS agent services.

We can handle everything from day-to-day financial tasks to more specialised tax requirements, such as BAS Agent services, as we are licensed with the Australian Tax Practitioners Board.  We can take care of the lot or provide flexibility in DIY bookkeeping options tailored to your specific needs for a wide range of businesses.

Our free phone consultation is an excellent way to understand your unique situation and how we can best support your business goals.

With your co-operation, we make bookkeeping easy for you.

Let’s begin with a brief introduction to our services. For more details, click on the Bookkeeping Services tab above and choose from the following options.

Accounts Payable Management

We offer bookkeeping services that include managing your accounts payable.

When we manage your bills payable, we can avoid the hassle of backtracking! Bills MUST be in your accounting program before you pay them, and we can manage this for you. Sure you may have the odd bill that you need to pay now, and we have methods of how help you not lose those receipts/invoices. 

When we manage your accounts payable, this saves us time by having to repeatedly requesting missing copies of invoices or receipts from you, including those you paid but lost. The ATO requires you to keep records, and lost documents is not meeting compliance. We do not make these rules, but we do abide by them, and with your co-operation we will make sure you are complaint.

For more information on how we acheive this check out Accounts Payable Management

CRUCIAL: Misplaced invoices may lead to delays in bank reconciliation, potentially harming your adherence to compliance and lodgment deadlines, and resulting in wasted time and resources. Take proactive steps today to prevent this issue and uphold your responsibilities as a responsible business owner

Alternatively, we can assist you in setting up payment systems for DIY bookkeeping. 

Accounts Receivable Management

Our bookkeeping services can managing accounts receivable effectively is crucial for maintaining healthy cash flow and reducing the risk of late payments. Here are some solutions and strategies to address these issues:

  • Clear Payment Terms Agreement: Clearly outline payment terms and conditions in your contracts and invoices. This includes specifying due dates, late fees, and consequences for overdue payments. Make sure your customers understand and agree to these terms before providing goods or services.
  • Regular Communication: Maintain open communication with your customers regarding their outstanding invoices. Send reminders before payments are due and follow up promptly on overdue invoices. Personalised and friendly reminders can often encourage faster payments.
  • Incentives for Early Payments: Offer incentives such as discounts or other benefits for customers who pay invoices early. Conversely, consider implementing penalties for late payments to discourage delays.
  • Automated Invoicing Systems: Transitioning from handwritten invoice books to cloud-generated invoices can streamline invoicing and reduce errors. Automated systems can also schedule and send invoices promptly, improving efficiency and reducing the likelihood of missed billing cycles.
  • Track Payments and Due Dates: Utilise accounting software or dedicated receivables management tools to keep track of outstanding invoices and their due dates. This enables you to monitor payment status, identify late-paying customers, and take appropriate actions to follow up.
  • Analysing Key Performance Indicators (KPIs): Monitor KPIs related to accounts receivable, such as Days Sales Outstanding (DSO) or average time to collect payments. Understanding these metrics helps you identify trends, assess the effectiveness of your receivables management efforts, and make data-driven decisions to improve cash flow.
  • Regular Financial Analysis: Compare your current financial performance with prior periods to identify any deviations or trends in accounts receivable management. This analysis can help pinpoint areas for improvement and inform strategic adjustments to optimise cash flow.

By implementing these strategies, you can proactively manage your accounts receivable, reduce the impact of customers dictating payment terms, and improve your overall cash flow management.

Business Activity Statement (BAS) Preparation and Lodgment + IAS

If you are registered for GST, it’s imperative to acknowledge your legal obligation to lodge a Business Activity Statement (BAS). This statement serves as a comprehensive summary of all the business taxes you’ve paid or will pay to the government within a specific period.

At My Great Bookkeeper, we understand the importance of complying with BAS requirements, which is why we offer comprehensive BAS preparation and lodgment services. Whether you need assistance with gathering your Goods and Services Tax (GST), Pay As You Go (PAYG) installments, PAYG withholding tax, or any other taxes, we’re here to ensure that your BAS is accurately prepared and lodged on time.

By entrusting us with your BAS requirements, you can rest assured that your tax obligations are handled with precision and efficiency, allowing you to focus on the core aspects of your business operations.

IAS stands for “Instalment Activity Statement,” which is a form used by businesses to report and pay their PAYG (Pay As You Go) instalments. These instalments are prepayments towards the expected income tax liability for the current financial year.

Businesses are required to lodge an IAS either monthly or quarterly, depending on their reporting obligations as determined by the Australian Taxation Office (ATO). The IAS includes information such as total sales, PAYG withholding amounts, and the calculated PAYG instalment amount.

As part of our bookkeeping services, we assist businesses in preparing and lodging their IAS and BAS accurately and on time. By ensuring compliance with ATO requirements and managing PAYG instalments efficiently, we help businesses maintain good standing with the tax authorities and avoid potential penalties. Our goal is to provide comprehensive support to businesses in managing their financial obligations, including the timely reporting and payment of taxes.

Please make sure to provide us with all the necessary documents in a timely manner to ensure that you meet all compliance requirements. Your cooperation is crucial to fulfilling our promise to our clients. It is important to note that we cannot assist you if you do not provide us with the required documents. Although we excel at our job, we rely on your support to do it effectively. Therefore, please do not wait until the last minute to submit all the documents we need.

For more click: BAS Agent Services Lodgments and Returns.

Payroll Management (STP)

As a trusted bookkeeping service and BAS Agent, we specialising in payroll management for small to medium-sized businesses. We offer streamlined solutions tailored to your needs. Leveraging the power of the Cloud. We provide off-site payroll management directly within your accounting software.

Our services encompass weekly, fortnightly, or monthly payroll processing, ensuring timely and accurate payment for your employees. Additionally, we handle superannuation lodgements and Single Touch Payroll (STP) compliance, alleviating the administrative burden associated with payroll responsibilities.

With our expertise and commitment to excellence, you can trust us to manage your payroll efficiently, allowing you to focus on other aspects of your business. Explore our Payroll Management services to discover how we can support your payroll needs effectively.


Accounting Software Setup and Training Services

Benefit from our 25 plus years of expertise in bookkeeping services as we extend our knowledge to you. We offer comprehensive training in utilising accounting software platforms including Xero, MYOB, QuickBooks, and Intuit. Whether you or your staff require guidance, we provide tailored training sessions to ensure the correct utilisation of these platforms.

Our training options are flexible, offering both onsite sessions and online training via remote access software. This allows for personalised instruction that suits your schedule and learning preferences. With our guidance, you’ll gain the necessary skills to effectively navigate and leverage the capabilities of your chosen accounting software, empowering you to streamline your financial management processes and maximise efficiency.

bookkeeping services

Cash Flow Forecast: Ensure Financial Stability

Cash flow forecasts constitute a fundamental aspect of our bookkeeping services, dedicated to facilitating your business’s success. They serve as a vital tool for managing your cash flow effectively, ensuring timely bill payments, and enabling informed purchasing decisions.

It’s essential to recognise that having funds in the bank doesn’t automatically translate to available resources for discretionary spending, such as that new car you’ve been eyeing. By diligently assessing your bills payable and staying attuned to upcoming financial obligations, you gain clarity on your true financial standing.

Moreover, it’s prudent to consider the reliability of customer payments. A cash flow forecast provides insight into anticipated incoming funds, empowering you to plan effectively for potential delays or fluctuations in revenue.

Ultimately, a well-executed cash flow forecast offers a comprehensive projection of your business’s future financial position. By leveraging this invaluable tool, you equip yourself with the foresight needed for prudent financial management and strategic planning.


A budget serves as a strategic roadmap outlining the anticipated revenue and expenditure of a business, facilitating the allocation of funds towards predefined objectives. It plays a crucial role in financial management by preventing overspending in specific areas and aiding in the achievement of sales targets.

At My Great Bookkeeper, we prioritise collaboration with our clients to develop comprehensive yearly budgets. These budgets, alongside your Balance Sheet and Profit and Loss statements, serve as foundational components in preparing a Cashflow forecast. Recognizing the critical importance of cash flow in business success, our collaborative approach ensures that we work together to optimize your financial strategies and foster the growth and prosperity of your business.

For more information Why you need a budget for your business


Job Profitability Analysis

If you’re currently focused on specific jobs and need detailed insights into their income and associated costs, our bookkeeping services can help. Our team can set up tracking codes tailored to each job, allowing you to monitor financial figures and obtain profit and loss statements for individual projects.

With our tracking codes in place, you’ll gain visibility into the income generated and the expenses incurred for each job, enabling you to assess profitability accurately. This level of detailed tracking empowers you to make informed decisions, allocate resources efficiently, and optimise your project management processes.

 We will work with you to obtain this result, but you must listen to our guidence and implement tracking mechanisms that will provide you with comprehensive financial analysis per job, helping you maximise profitability and drive business success.

Book keeper Services

Monthly Financial Reports

The accuracy of your accounting file and financial reports hinges greatly on the expertise and diligence of the user/bookkeeper. While some may perceive a bookkeeper’s role as simple data entry, the reality is far more complex. Skilled bookkeepers, like our bookkeeping services, can indeed make the process appear seamless, but it involves a meticulous series of steps before accurate reports reflecting your true financial position can be generated or precise figures can be provided for BAS / IAS lodgment.

Behind the scenes, our bookkeepers engage in a comprehensive process that extends beyond mere data entry. This process includes meticulous data organisation, thorough reconciliation of accounts, meticulous classification of transactions, adherence to relevant accounting standards and regulations, and ongoing communication with you to ensure accuracy and alignment with your financial goals.

Only through this meticulous approach can we generate financial reports that accurately reflect your business’s financial health and provide precise figures for BAS / IAS lodgment. Trust in our expertise to handle your accounting needs with precision and dedication, ensuring the integrity and reliability of your financial information.


Running through these checks will help you work like a professiona

Temporary Bookkeeping Relief

Are your bookkeeping operations cloud-based?  Is your current bookkeeper taking time off due to holiday, maternity leave, or illness? Whether a short-term absence or an extended leave, we offer qualified bookkeepers and accounting staff to provide seamless assistance.

Our services ensure that essential tasks such as accounts payable, sales Invoices, payroll, and bank reconciliation remain up-to-date during your employee’s absence.

Rest assured, your financial processes are in capable hands with our temporary relief solutions.

Debt Collection Service

Are you encountering challenges with slow-paying accounts? Our bookkeeping services are here to assist you in effectively managing these accounts.

We provide a variety of solutions aimed at ensuring timely payments from your customers. Our team can reach out to slow-paying accounts on your behalf to negotiate payment plans that benefit both parties.

Additionally, we offer DIY bookkeeping tips and tricks to empower you in handling debt collection more efficiently. With our services, we aim to streamline your bookkeeping processes and support you in maintaining a healthy cash flow.

With our expertise, personalised approach, and commitment to excellence, My Great Bookkeeper, is your trusted partner in financial management. Let us help you streamline your bookkeeping processes and drive business success.

If you are seeking bookkeeping services or want to DIY Bookkeeping