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Bookkeeping

Good bookkeeping is the foundation of everything else, from reporting and tax to the decisions you make week to week. If your books are wrong, every number you work from is wrong with them.

Our bookkeeping team keep your Xero or MYOB file accurate and current throughout the year, so you always have a clear, accurate picture of how your business is tracking.

With one team across bookkeeping, reporting, and tax there's no gaps, no rework at year-end, and no finger-pointing when something needs fixing.

Bookkeeper sitting at her desk smiling

Bookkeeping service

Our bookkeeping service is flexible and tailored to your requirements. We can help with any of the following:​

  • Bank and credit card reconciliation 
  • Balance sheet reconciliations
  • Purchases and payables - paperless supplier invoices imported to your software, preparing CSV files for batch payments, managing aged payables
  • Invoicing and receivables - creating and sending invoices, issuing credit notes, and debtor reminders
  • Fixed asset management and reporting
  • Monthly and year-end adjustments for accruals, prepayments and other journal entries

BOOKKEEPING FAQS

Frequently asked questions

Up-to-date bookkeeping is fundamental for gaining a clear picture of how your business is performing. This is important for you as a business owner, as well as any other stakeholders or investors. It's also essential for decision-making, including identifying opportunities to improve cash flow or cut costs.Accurate bookkeeping is also essential for staying compliant with the ATO, avoiding fines or penalties.
No, bookkeeping is an additional service for our accounting clients. Our priority is looking after your business accounts and tax as a whole, and bookkeeping is part of that bigger picture.
Our bookkeeping team can work with any of the following cloud-based platforms - Xero, MYOB Business (any web browser version) or QuickBooks Online.Cloud-based accounting software means you, your bookkeeper, and accountant can access your data at any time, from anywhere. They also integrate well with other apps and have many features that make managing your business finances simpler.
Yes, professional bookkeeping helps you avoid costly errors and missed tax deductions. It also frees up your time so you have extra hours to run your business rather than doing admin.
Our bank reconciliation service is a flat rate dependent on your business's turnover.If your annual turnover is under $250k, we charge $140+GST per month.If your annual turnover is over $250k, we charge $175+GST per month.
Our hourly bookkeeping rate is $85+GST.Your monthly fee will depend on the size and complexity of your financial records. For example, transaction volume, the number of bank accounts and credit cards, and whether adjustments are needed for accrued or deferred income or expenditure.We estimate your monthly bookkeeping hours and provide an up-front quote so you know how much you'll be paying. We keep this under review and may need to adjust the number of hours (up or down) as your business changes.
Book a call with one of our team so that we can learn about your business' accounting and bookkeeping requirements. Following the call, we'll provide a quote for the services discussed as well as details of the next steps for coming on board as a client.
We are required by law to have all the necessary Australian Tax Office authorities and anti-money laundering checks completed before we can officially start work as your accountant (this includes any required third parties).Once our onboarding process is complete and we're linked up as your tax agent, we'll send you an email inviting you to book your new client meeting.

Other services

Taking care of our client's bookeeping and payroll is just one part of what we do. Here's the full picture of how our team help businesses across Australia.

Tax Compliance

Tax Compliance

End-of-year financials, income tax, GST, tax planning and more.

Learn more
Budgets and Forecasts

Budgets and Forecasts

Plan for the year ahead. See what's coming in, going out and expected timings.

Learn more
Management Reporting

Management Reporting

Regular insights that you can actually use. From gross margin and cash flow to KPIs that drive decisions.

Learn more
Business Advisory

Business Advisory

Get advice on your next big decision with someone who's done this for hundreds of other businesses.

Learn more