What does Business Keeping include?
Accounts Payable
Accounts payable are the bills you owe to your suppliers. Keep track of how much you owe your suppliers and when it’s due. Avoid forgetting to pay or paying someone twice.
Accounts Receivable
Accounts receivable are the invoices your customers owe you. Keeping track of how much you’re owed, by whom and when payments are due is critical to ensuring that cash continues to flow into your bank account.
Budgets and Cash Flow
Compare your actual performance to your targets and ensure that sufficient cash is flowing into your bank account to meet your obligations.
Compliance Administration
Government compliance can be mind-boggling. We keep on top of the nitty-gritty and keep you informed about what you need to know and when you need to know it.
Contractor Compliance
There’s more to it than meets the eye when engaging contractors. We can assist you in ensuring that you get this right and avoid the common pitfalls and associated consequences.
Custom Chart of Accounts
Transactions need to be allocated to accounts. Although there are many common ones, this is unique to every business. We can tailor this to meet your management reporting needs.
Dedicated Bookkeeper
Do you hate being shuffled from bookkeeper to bookkeeper every other week? We assign you a dedicated bookkeeper who gets to know your business.
End of Month Checklists
We build custom checklists for your business to cover the small but important details to ensure that the work is consistent, accurate and professional. It’s a no-brainer really!
HR Intermediary
You can feel at ease knowing that you’re meeting your employer obligations with our assistance with the fundamentals of HR and payroll. If it’s out of our depth, we can refer you to a competent professional.
Improve Business Systems
Be less frustrated and make more money by improving back-end business processes. We can offer advice and technology solutions to make business fun and rewarding again.
Inventory Management
If you manufacture and/or sell widgets, you need a system to manage your inventory. Accurate cost prices, stock on hand, incoming stock and back-orders are essential to running a thriving business.
Job Costing
Track staff time, expenses and billings to a job and assess against a quote. Run reports to show exactly how much money you’ve made at the end. Use that data to refine your quoting and choose future clients and projects.
Multi-Department/Location
Tracking categories functionality in Xero is a great way of allocating transactions against locations, departments, sales people or other variables for better reporting.
Payroll
We can take care of everything from setting up time and attendance systems, setting up employees, running large and complex payrolls, employee termination calculations, Single Touch Payroll reporting to year-end Payment Summaries.
Phone and Email Support
Help is only a phone call or an email away. Reach us easily during business hours for anything you need. It’s like having a full-time bookkeeper without paying for one.
Proactive Business Advice
Better business decisions can be made if you have better information. We’ll make sure you’re aware of the stuff that you don’t know that you don’t know, but that you really ought to know.
Reconciliation
Reconciliation applies to more than just your bank accounts. It could include tax debts, car loans and clearing accounts. We reconcile these before every BAS, not just annually to make sure that your accounts are in tip top condition.
Regular Maintenance
Letting your accounts run away from you is not ideal. We make sure that we stay on top of your books at least monthly, if not weekly or daily, depending on your needs.
Reporting
Whether it’s a simple customised report layout in Xero, an add-on reporting package or a fully customised solution, we build reports to meet your needs and assist your decision making processes.