We are registered with the Tax Practitioners Board and Provide:
- Full Bookkeeping Services and BAS and Business Advice Services
- DIY Bookkeeping and BAS Customised to Your Business Requirement – as much or as little support as you require.
The following is an introduction of the services we provide. You can click on the bookkeeping services pages for further information. Alternatively you can us to arrange a FREE Phone Consultation on how we work with you to help your business thrive.
Have you separated your ‘business’ transactions from your ‘personal’ transactions with separate bank accounts? If you are going to have a business like ours that provides bookkeeping services do your books? If yes, we advise you to treat the business separate to yourself. You do not need to reconciling private transactions through your business books; it is time consuming, and costs you money in us asking you questions we do not need to ask. Corporation, are legally requirement to have a business bank account.
As part of our bookkeeping services we manage your bills payable, we avoid:
- Back tracking.
- Continually asking for copies of invoices or receipts paid.
- All those missing invoices.
- Delaying bank reconciliation which interferes timely reports, compliance, and lodgement deadlines.
- Plus costs you money in time to repeatedly request them.
Or we can help you setup up payment systems for DIY Bookkeeping.
Our bookkeeping services will help you:
- Move from hand written invoice books to Cloud generated invoices.
- Software training for DIY Bookkeeping.
- Know, who owes you what, and when they are due to pay you.
- Learn your KPI’s on the average time your customers takes to pay.
- Comparing prior periods to improve your cashflow.
- Solutions to reduce customer dictating payment terms.
Registered for GST ? YES: You have a legal responsibility to lodge a business activity statement (BAS).
BAS is a summary of all the business taxes you have paid or will pay to the government during a specific period.
We can do the BAS for you, or help you to gather your goods and services tax (GST), pay as you go (PAYG) instalments, PAYG withholding tax plus any other taxes to lodgement BAS by the due period.
The Cloud is great when it comes to managing Your payroll directly in Your accounting software off site. We can process payroll weekly, fortnightly or monthly. Manage superannuation lodgements and STP, etc.
With 26 years in bookkeeping services, we enjoys sharing our years of extensive bookkeeping knowledge with you. We are willing to train you or your staff in Xero, MYOB, QuickBooks or Intuit to use your accounting software correctly. We offer one on one onsite or online training using remote access software.
Cash flow forecasts are part of our bookkeeping services wants to help your business succeed. What better way to do this than with Cashflow to pay your bills on time and know when you can afford to buy that new car which your competition might be driving, just because you have cash at bank doesn’t mean this is your money to buy that new car, have you totalled up your bills payable and are you aware on what outgoings are coming up? Do you think your customers will pay you on time? The cashflow forecast shows the businesses future financial position and is an important planning tool of financial management.
A budget is a plan of revenue and expenditure allowing the business to allocate funds for specific purposes known in advance, it helps make sure you aren’t spending too much in certain areas and helps you reach you sales targets.
To help your business succeed My Great Bookkeeper work with you to prepare a yearly budget, this budget along with your Balance Sheet and Profit and Loss is used to prepare a Cashflow forecast. Every business needs Cashflow to succeed.
Are you working on a particular job and need to know what the income and associated costs are for that job? We can setup tracking codes to monitor figures, and provide profit and loss per Job.
Monthly Financial Reports
Your accounting file and financial reports are only as accurate as the user of the accounting file. Some imply a bookkeepers work to be simple data entry. YES we great bookkeepers can make it look simple, but there is actually a process involved before one can review the reports that reflects your true financial position. Or give accurate figures to lodge BAS.
Running through these checks will help you work like a professional.
Relief Bookkeeping Services
Current bookkeeper going on holidays, maternity leave, sick? Seeking a temporary qualified bookkeeper? Whatever the reason, we provide qualified bookkeepers and accounting staff to help. We make sure Accounts Payable, Sales Invoicing, Payroll, Bank Reconciliation are kept on top of while your worker is absent. If bookkeeping is in the Cloud we can manage this remotely.
Debt Collection Service
Our bookkeeping services can help you if your customers are slow at paying. We can call slow paying accounts and discuss payment plans, or maybe help DIY bookkeeping you with ways to to make debt collection easy for you.