ACCOUTING (BAS, GST, Book-keeping)

We help you keep your financial records up-to-date and compliant with all relevant regulations. We can help you with a range of accounting tasks, including:

Bookkeeping

Bookkeeping is the process of recording all financial transactions of a business. This includes recording income, expenses, assets, and liabilities. Bookkeeping is important for a number of reasons, including:

• It provides a record of all financial transactions, which can be used to track the performance of the business and make informed financial decisions.
• It helps businesses to comply with tax laws and other regulations.
• It can help businesses to identify and prevent fraud and other financial irregularities.

We can help you with all aspects of bookkeeping, from setting up a bookkeeping system to recording and reconciling your financial transactions. We can also help you to prepare financial reports, such as balance sheets and income statements.

BAS and GST preparation and lodgement

The Business Activity Statement (BAS) is a quarterly tax return that must be filed by businesses in Australia. The BAS reports on the business's GST (Goods and Services Tax) liability, as well as other taxes and levies.

GST is a consumption tax that is applied to most goods and services sold in Australia. Businesses must register for GST if their annual turnover is more than $75,000. ( And sole trader and uber driver or rider also must register GST)

We can help you to prepare and lodge your BAS accurately and on time. We can also help you to understand your GST obligations and to maximize your GST refund.

Financial statement preparation

Financial statements are reports that provide a summary of a business's financial position and performance. The most common financial statements are the balance sheet, income statement, and cash flow statement.

Financial statements are important for a number of reasons, including:

• They can be used to track the performance of the business over time and to identify trends.
• They can be used to make informed financial decisions, such as whether to expand the business or to invest in new equipment.
• They can be used to attract investors and lenders.

We can help you to prepare accurate and comprehensive financial statements that comply with all relevant accounting standards.

Payroll processing

Payroll processing involves calculating and paying wages and salaries to employees. It also involves withholding taxes and other deductions from employee pay-checks.

Payroll processing can be a complex and time-consuming task. We can help you to streamline your payroll process and ensure that your employees are paid accurately and on time.

Budgeting and cash flow management

Budgeting and cash flow management are essential for any business. Budgeting helps you to plan your spending and to ensure that you have enough cash to cover your expenses. Cash flow management helps you to track your cash inflows and outflows and to identify any potential cash flow problems.

We can help you to develop a budget and to implement a cash flow management system that is tailored to your business needs.

We understand that accounting and financial management can be complex and time-consuming. We are here to help you with all of your accounting and financial needs, so that you can focus on running your business.