Services

Our services vary from client to client, below is a list of everything we do.

Aged Receivables

  • Data Entry Debtor Invoices
  • Data Entry Debtor Payments
  • Reconcile Aged Receivables
  • Debt collection – calls to clients
  • Reconcile with third party software

Aged Payables

  • Data entry Creditor Invoices
  • Payment of invoices by cheque
  • Payment of invoices by EFT
  • Data entry Creditor payments
  • Reconcile Aged Payables

Bank account/s

  • Process bank fees and interest
  • Process DD
  • Reconcile all bank accounts

Credit Cards

  • Process bank fees and interest
  • Process DD
  • Reconcile all business credit card accounts

 Payroll

  • Set up payroll
  • Process payroll
  • Process electronic transfers
  • Writing cheques
  • Reconcile staff super
  • Payment of staff super
  • Reconcile wages and PAYG
  • Advise you of your PAYG and super obligations

BAS

  • Reconcile GST Control Accounts
  • Complete the BAS Preparation Checklist
  • Complete the BAS Summary
  • Advise you of your GST obligations
  • Electronic BAS lodgement
  • Electronic IAS lodgement

End of Year

  • Preparing Payment Summaries and annual ATO Payment Summary Statement
  • Prepare the EOY Financial Workpapers
  • Provide Accountant with data file and other information to prepare tax return
  • Complete the Workcover declaration
  • Enter EOY GJ provided by Accountant

Jobs (in MYOB) / Classes (in QB)

  • Set up
  • Tracking with Data Entry

Inventory

  • Set up
  • Track
  • Reconcile

Training

  • Sale – invoices and receipting payments, undeposited funds account
  • Bills – entering purchases and processing payments
  • Spend Money
  • Credit Card Payments
  • Bank and/or credit car reconciliations
  • Payroll
  • Inventory
  • Jobs/Classes
  • BAS/IAS lodgement
  • EOY Processing

Miscellaneous

  • Rollover the data file required
  • Liaise with Accountant as required
  • Take a back up offsite after every session for safe storage

Reporting

  • Standard P&L and Balance Sheet Monthly at a minimum
  • Prepare budgets
  • Prepare cash flow statements
  • Prepare Job/Classes P&L
  • Prepare Quarterly Financial Reporting
  • Prepare other reports weekly/monthly/quarterly as specified

What we are NOT responsible for

  • Determining the correct awards and pay rates for your staff
  • Misallocation of transactions due to incomplete or inaccurate information provided by you
  • Conducting a statutory audit of the financial records of any of your business entities