Preparation and Lodge of your BAS and IAS

Managing your tax obligations is far more than just filling out a form. We ensure you stay up-to-date with your lodgements, data allocations, reconciliations and reports. We can work as a team, together with your accountant, to give you the best business support and save your time and stress meeting these deadlines.

Payroll and Superannuation

Payroll can be overwhelming and complex, so we can help you to ensure your payroll is set up correctly and complies with the regulatory bodies – Tax, Superannuation and Government.  We assist you in paying your staff on time and correctly, as well as reporting PAYG to the ATO.

Accounts Receivable

Getting your invoices out on time can have a significant impact on your cash flow. We have found many small businesses are to busy to focus on their accounts, and their invoices get sent out late which causes cash flow nightmares.  We can help by keeping your records up-to-date, reducing your outstanding debtors and track and collect money owed to you. Customers respect you more if you are professional and timely with your invoices and more likely to prioritise your payment.

Accounts Payable

Matching your receivables and payables is essential for cash flow management. We assist you by tracking your suppliers’ invoices, matching to quotes and other documentation, managing what you owe your suppliers, avoiding double payments and generally keeping your suppliers happy.

Bank and Credit Card Reconciliation

We reconcile your accounts by balancing your records against those of the bank, to ensure that your records are accurate, complete and all transactions are accounted for. We look out for suspicious transactions and irregular payments. We generally combine this service with cash flow management and budgeting, to help reduce credit card charges and bank fees and set up a realistic payment plan that can help your business stay on track.


Get a realistic budget for your business to help you meet your financial goals. A budget will allow you to understand your current situation and make plans. A budget will give you a comparison of your actual financial results with the forecast results to determine if your business is overspending.

Cash Flow Management

Cash flow management is critical for your business, cash flow is simply the movement of cash in and out of your bank accounts (or cash). This should be at least a monthly exercise that involves analysing your expenses and projecting your expected income to predict what your future profit should be. This is combined with tax planning before the end of the financial year so there are no surprises when it comes to the tax lodgement time.

Financial Statements

Your Profit and Loss and Balance Sheet statements, together with your budget analysis, should not just be prepared in time to satisfy your compliance reporting – ie. when you have to lodge your BAS, Superannuation, GST or Annual Accounts. It is important to know how you are performing, identify and measure your key metrics and analyse your outcomes regularly so you can take action early. Too many businesses fail because of cash flow neglect, so don’t become a statistic and let us help to keep you on track.

Your balance sheet can help you understand how much your business owns and owes at any point in time. This states your assets (such as the bank account, inventory, petty cash, trade debtors, furniture and computer equipment), your liabilities (such as credit cards, trade creditors, wages, GST, superannuation and loans) and the owner’s equity (what you have invested in your business and your withdrawals).

Rescue Job and Troubleshooting

We CAN rescue you – if you are running late with your bookkeeping; if you need to prepare and lodge outstanding BAS; if you are behind with your superannuation contributions and tax returns. If your records are incorrect, your books in a mess and/or you are not sure if you are doing the right thing with your paperwork, we can help you get on top of your business finances. We can spot the mistakes and we can find a solution to fix the issues and clean up to avoid further penalties with the ATO. If you are in this situation, trust that you are not the only one. However, don’t delay with a head in the sand approach. Eventually, it will catch up with you – so take action today. We are here to help.

Setting up your Bookkeeping Systems

There are so many accounting systems to choose from, it can become very overwhelming, particularly if you are a business start-up.  We can help you find the most appropriate one for your business, set up the chart of accounts and financial statements and record your business finances. Maybe you are having issues with your software, so we can step in and reduce the frustration and get you back on track.

Set up and training on Xero, Quickbooks and MYOB

We are experts in Xero, Quickbooks and MYOB, three of the most popular cloud based systems for small businesses. We can offer assistance with other software and apps too. We can also train you how to get the best use your software, troubleshoot any concerns you may have and ensure you are entering transactions correctly. Innocent mistakes can be costly if not identified, as the regulatory bodies are not always as understanding as you may hope and may have a serious long term impact on your business.

Bookkeeping Packages

We offer package prices for ongoing services that include payroll, financial reporting, regulatory compliance for the authorities and budget management. If you employ staff, how do you cope if one might wish to go on an extended holiday – or perhaps you wish to take a well-deserved holiday yourself? This is where we come in – as an honest, trustworthy member of your team. Too many small businesses put their own life on hold and become a slave to their business, and this becomes a habit. Friendships get neglected, stress levels soar and life becomes one big unbreakable routine. Take action now! Give us a call  – we can help you in any situation.

  • Full Service Bookkeeping: including all services (from payroll/superannuation, accounts reconciliation and bill payments to debts, BAS, ATO and financial reporting).
  • Onsite Bookkeeping: in all Sydney area, Illawarra and Wollongong area. We can come to you on a regular basis and take care of your bookkeeping services, monthly, quarterly, weekly or when you require.
  • Offsite Bookkeeping: maybe you just need help with completing your BAS every quarter, or payroll, or maybe you want someone to chase your bad debts or just someone to organise your invoices (credit and debits). We will do all of this, and more, with our offsite bookkeeping service.

Your confidential information is safe with us. We work closely with you to ensure your business is right on track.

Contact us to book your first no obligation consultation.