2 Sunnybank Crescent

Horsley, NSW, 2530

0431 915 401

Mon - Fri: 9:00am - 5:00pm

After hours by prior arrangement

Bookkeeping, Payroll & BAS

Most people don't like this page - we get it - you think this stuff is boring!
BUT - We love this page. These tasks are important to being able to ensure your financials are accurate and reliable and your business remains compliant.

Bookkeeping Services

Once upon a time, Bookkeepers were tasked with “keeping the books neat and tidy” and “general data entry”.

Nowadays, the modern Bookkeeper does so much more!

  • General Data Entry
  • Accounts Payable Processing
  • Accounts Receivable Processing
  • Employee Expense Claim Processing
  • Employee Reimbursements
  • Monthly Bank Reconciliations
  • End of Month Accounts Payable Reporting
  • End of Month Accounts Receivable Reporting
Learn More

Payroll Services

These days, getting your payroll right isn’t always as easy as it sounds. 

As Certified Bookkeepers & Registered BAS Agents with the Tax Practitioners Board (TPB), we are able to offer our clients compliant Payroll & Superannuation services.

  • Payroll Processing
  • Single Touch Payroll (STP) Filing
  • Payroll Reconciliations
  • Superannuation Guarantee Processing
  • Superannuation Guarantee Reconciliations
  • Superannuation Guarantee Charge (SGC) Statements
Learn More

BAS Agent Services

As a Registered BAS Agent with the Tax Practitioners Board (TPB), we are able to offer our clients “BAS Services”. There is often some confusion over “What a BAS Service is”, but as per the ATO website it’s fairly clear:

  • advising clients about their obligations under BAS provisions including GST, fuel tax, luxury car tax, wine equalisation tax (WET), fringe benefits tax (FBT), pay as you go (PAYG) withholding and PAYG instalments
  • preparing and lodging approved forms about a client's liabilities, obligations or entitlements under BAS provisions
  • dealing with us (ATO) on behalf of a client in relation to their obligations under BAS provisions

BAS agents may offer additional services on behalf of their clients as indicated by the Tax Practitioners Board, including:

  • calculating and lodging income statements, employee termination payments, gross wages, allowances and other taxable and non-taxable payroll items
  • completing and lodging Single Touch Payroll reports to the ATO
  • calculating, paying, verifying and reporting super guarantee (SG) contributions
  • determining and reporting an SG shortfall amount and any associated administrative fees
  • dealing with super payments made through a clearing house
  • completing and lodging a taxable payments annual report to the ATO
  • sending a tax file number declaration to the Commissioner
  • applying to the Registrar for an Australian business number.

Answers to Your Frequently Asked Questions

Great question. Some businesses may not but this will depend on your Accountant. 

Traditionally, Accountants will look at your books only at “BAS” or “Tax” time, where as your Bookkeeper will be hands on with your accounting system on a daily  or weekly basis. 

Yes, BUT, and it’s a very big BUT, you should only allow your employee to complete BAS Agent tasks if you are comfortable with them doing so. The liability of anything they do as an employee will generally fall on the shoulders of the business owner. 

If you don’t understand what your employee is processing or lodging, it might be a good idea to have a BAS Agent to check prior to lodgement.

The ATO expects that all businesses will keep detailed records.

They also share their 5 rules for record keeping which are:

  1. Keep ALL documents in relation to starting, running, changing and selling/closing your business. 
    You also must have show how you have established any Business V’s Personal portion of costs.
  2. Records that you keep must be unchanged and protected from being damaged.
  3. Records need to be kept for 5 years from when you lodged your Tax Return. This is a minimum time frame as there are some instances where you may have to keep them longer.
  4. If asked, you need to be able to show your documents. Also if you’re storing data online, you need to use encryption system, passwords and have them labelled appropriately.
  5. Records must be in English or easily convertible to English.

    https://www.ato.gov.au/Business/Record-keeping-for-business/Overview-of-record-keeping-rules-for-business/?anchor=Fiverulesforrecordkeeping#Fiverulesforrecordkeeping

A bookkeeper is definitely NOT the same thing as a BAS Agent. 

A bookkeeper can do all the data entry and general reconciliations, where as your BAS Agent can advise, prepare and lodge your BAS, IAS, PAYGW, PAYGI and STP Finalisations. 

We can help with a little, or a lot.

Get in touch with us today to see what we can do to help get you back to doing what you do best – running your business!

Contact us