Do The Books

Accounts Payable
-​ Processing and Payment of creditor invoices
- Reconciliation of creditor statements
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Accounts Receivable
- ​Processing of debtor invoices
- Time Billing
- Preparation and Issue of debtor statements
- Debtor collections/credit management

- Data entry: the day to day management of your bookkeeping.
- Entering/verifying the entry of customer/supplier invoices/payments/receipts from bank into accounting software or spreadsheets
- Bank/Credit Cards/Loan/Superannuation/PAYG Withheld/GST Paid/Collected accounts and General ledger account reconciliations up to trial balance
- Customised Month end reporting
- Job costing & analysis/Cash flow Management and Budget preparation
- Specialist in all MYOB software versions – AccountRight Plus, Essentials, Business Basic, Premier, cloud based
- Specialist in QuickBooks Point of Sale and Reckon Hosted, Hairware (hairdressing salon accounting software) and Xero
- Set up of accounting software
- Ongoing support and training
- Assistance with understanding and reading a Balance Sheet and a Profit & Loss Statement
- Preparation of all end of financial and payroll year reports for your accountant.
- Company Data Auditor review is the process of checking and ensuring the accuracy of the records in your company file. This tool can be used to perform maintenance tasks and reconcile bank or credit card accounts. The Company Data Auditor also checks your transactions for exceptions such as invoices that do not reconcile with your receivables account, future-dated transactions, and audit trail changes.
- Liaising with MYOB and related software packages whenever there is a problem such as login issues, MYOB super portal payment issues etc
- Liaise with company accountants regarding bookkeeping practices or for further information

- Monthly, quarterly or annual Business Activity Statements (BAS) & Instalment activity Statements (IAS) preparation
- Free electronic lodgement service via the ATO portal
- Reconciliation and revision of previous BAS returns
We will take care of all the necessary GST coding

- Job Costing and Analysis/Cash Flow Management
- Budget Preparation
- Company Data Auditor review – checking and ensuring the accuracy of the records in your company file is correct
- Training
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Preparation of Monthly/Quarterly/YTD Reports as required:
- Balance Sheet
- Profit & Loss – Monthly/YTD
- Payroll Reports: Weekly/Fortnightly/Monthly/Quarterly/Yearly
- GST Detailed & Summary Reports – Monthly/Quarterly
- End of Financial Year – Trial Balance, General Ledger (detailed and summary), Account Transactions, Reconciliation reports.​

End of Financial Year-
- Review end of year reports
- Provide accountant with EOFY reports & check to see if any journals or adjustments are required
- Ensure essential & required business records are maintained & stored and General Ledger reconciliations are up trial balance.

- Setup of Single Touch Payroll system
- Processing and payment of payroll in line with employment contracts & pay cycles
- Payment of Superannuation obligations and PAYG
- Leave entitlement management – ensure annual leave, long service leave and personal leave are all accrued correctly.
- Ensure correct Superannuation rate (9.5%) is being used
- Monthly Superannuation Payment – processed and paid via MYOB PaySuper portal or via accounting software packages. Payments are authorised with a code received from MYOB

JobKeeper Wage Subsidy
- Determine eligibility to receive the JobKeeper payment using the decline in turnover or Alternative testing spreadsheet
- Lodge Jobkeeper declaration forms via the ATO portal. Email wage subsidy remittance to clients if successful to receive the JobKeeper payment

End of Payroll Year-
- Review of end of payroll reports
- Process final wages for the payroll year
- Print the key payroll reports (Payroll Register Summary/YTD)
- Reconcile PAYG Withheld
- Contact the ATO when on your behalf when we’ve made your last pay run of the financial year for your employees.

Do you have a ton of paperwork that you don’t have time to enter?

We will get you up-to-date and implement ideas to keep you in front each month. Such as incorrect BAS lodgement, overdue invoices, data entered incorrectly.