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NEED A HAND with BOOKKEEPING, BANK RECONCILIATION, OR GST?

We take care of the mundane so you can relax

Honestly, who likes bookkeeping? You're not going to believe this, but we do...
Keeping track of your books is necessary for all business owners, as is filing GST returns if you're GST registered, but they don't have to be a drag. Focus on what you do best, while we handle your books 🤓

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BOOKKEEPING 101

What is bookkeeping?

Bookkeeping is the process of recording and reporting information about an organisation’s financial activities. Bookkeeping records important pieces of information such as sales and expenses, assets and liabilities.

Good bookkeeping practices mean your business maintains accurate records and makes sure that there are no discrepancies between what an organisation reports to the outside world and what actually happens within.

Why should I hire someone to do it for me?

You might ask yourself why a business needs to hire a bookkeeper. Why would you need someone to record and keep track of your finances, rather than do it yourself?

Alongside the legal requirements for you to accurately file these records with the IRD so that you pay the proper amount of GST, a key benefit is that you have someone keeping track of your money so that you can make sure you’re not spending more than you have coming in.

This is especially important if you’re a small business owner because it can be hard to keep track of everything when you're wearing all the hats. Give yourself one less headache, and gift yourself back some admin time.

WHAT'S ON OFFER

Beany's bookkeeping services

Reconciling your transactions and preparing GST returns.

Bank reconciliation

If you would rather be doing something else than reconciling your Xero file, let us do it for you. We love coding and checking and you can relax knowing it's all done right, and on time.

GST returns

We prepare your GST returns ready for you to review and pay. We also remind you of when and how much to pay, and even send an alert if you forget!
If you would rather be doing something else than reconciling your Xero file, let us do it for you. We love coding and checking and you can relax knowing it's all done right, and on time.
We prepare your GST returns ready for you to review and pay. We also remind you of when and how much to pay, and even send an alert if you forget!
Meet Caroline, your potential Xero Hero
Caroline, Beany's support and Xero advisor

Bank reconciliation? Let us help!

Performing a bank reconciliation is a necessary chore for all business owners. Essentially, you compare your record of sales and expenses against the records your bank has because bank statements are reliable financial records. The purpose of a bank reconciliation includes finding and fixing any errors, identifying wrong payments, tracking profitability rather than relying on your gut feeling, and getting prepared for tax filing.

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Struggling with GST returns?

Goods and Services Tax (GST) is a tax on most goods and services sold by businesses. While it feels like a tax on businesses, it really isn’t - it’s paid by people living out their day-to-day lives.​

Businesses act like tax collectors for the government – charging an additional 15% on top of each sale, which they later forward to Inland Revenue.

A business’s process of forwarding the GST to the government is called a GST Return. In New Zealand, GST filing frequency is monthly, 2-monthly, or 6-monthly. Your annual turnover will help you to determine your GST filing frequency.

FAQS

Frequently asked questions

Don’t see your answer? Reach out to us, we’d love to help!
Register free and take a look around the Beany platform. A member of our team will reach out to learn about your business and your goals. They will offer the best way forward and if we're a good fit for each other. The next step is to choose a package that suits your business needs. Remember all of our packages are fixed monthly fees so there’s no surprises.
We help thousands of businesses grow by sharing the weight of their accounting, or taking it off their shoulders entirely. We combine the latest accounting cloud technology with a reassuring helping of human interaction. Our Beanies are there for you full time to keep things running smoothly and guide you through the tough stuff.   
Once you've finished your ID checks and IRD authorities, our team will be busy in the background getting connected with your Xero file and Inland Revenue.If you had any third parties where we need to do ID checks or get IRD authorities, we'll need to have these complete before we're able to work as your accountant. Once we've got the access we need and the ID checks are all complete, you'll receive an email introducing you to your new accountant along with a link to book a meeting with them to discuss your business goals.
Beany will give you support on any tax and accounting questions, as part of your package. We are here to help.  And should you require some out-of-scope work, such as preparing a cash flow summary for the bank, or working through a specific tax issue, we will let you know any extra cost before we start.You can call and email our Customer Support desk as often as you like. The type of questions we get range from help with your Xero file, asking when your tax is due and what to do with your payroll!We always aim to respond within 24 hours with answers to your questions, although at peak accounting times it may take a little longer.Our Support desk is staffed by qualified and experienced Beanies who can respond quickly and accurately. If needed, they will also liaise with your personal Beany accountant.We can also offer you some training to help you manage some of these tasks yourself. It’s all part of the service.
Yes, we certainly do. We can provide advice on anything you would expect from a traditional accountant. Take a look at customer testimonials to get an idea of some of the advice we have provided.Please send us an email or give us a call. Once we understand what you need, we will provide a quote, detailing the cost of the advice and what you are going to receive from Beany. This way there are no surprises!
Beany has a 12 month commitment for all our accounting packages. This is because the monthly payment you make is actually the total cost for the year, split into 12 monthly payments, as a payment plan.We operate like this to give you certainty about the cost of your compliance, and to smooth cashflow for your business. 

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