Financial
Clarity & Confidence
Why you need a Bookkeeper?
A Bookkeeper is an essential asset to any business, providing clarity and insight into your company’s financial position.
With their expertise, businesses can make informed decisions, ensure legal compliance, and build investor confidence. Bookkeeping enables better budgeting and risk management by tracking income, expenses, and cash flow in real-time.
A Bookkeeper also helps substantiate deductions, reduce audit risks, and avoid penalties from the ATO. Investors and lenders often require access to well-organized financial records before providing capital, and reliable bookkeeping demonstrates a commitment to transparency and professionalism.
A solid financial history and well-maintained records can attract potential investors, partners, or buyers, opening doors to new opportunities and growth. With a bookkeeper, businesses can thrive and reach their full potential. Let us help you take control of your finances and achieve success.
Have any of these issues?
If you do, you are not alone.
But you need to act now.
Did not know it is a LEGAL requirement to keep records.
Yes it really is a legal requirement to keep business records. These records include payslips, calculations, sales amounts, purchases and the GST charged. This mean every sales invoice, purchase invoice, receipt and other evidence needs to be record.
Are you keeping records?
Ohh and dont forget these records need to be kept for 5 years.
Recording your bank transactions in Xero is NOT a reconciliation.
A reconcilation is NOT putting the bank account transactions into an account category. That is not a reconciliation.
A real reconciliation is where you ensure that all transactions are correctly recorded, verified for accuracy, consistency and completeness. Of course, also making sure there is no fraud or money mistakenly taken from the business.
Have you fallen into the reconciliation trap?
Mixing personal and business finances?
Mixing personal and business accounts is a recipe for stress and pain. Transactions must be kept separate to ensure you know how your business is performing, what you business tax obligations are and to complete your personal tax return.
Getting it sorted now is critical before it becomes a bigger problem.
Know what your results really are?
Not understanding your tax obligations.
Delayed BAS, fines for not paying superannuation, unclear about Single Touch Payroll and your PAYG obligations.
As we all know, there are two things in life that are certain – Death & Taxes. You will not be able to escape your obligations, get on top and stay on top. They do not just go away.
Stop the stress about your taxes and get it in control quickly.
12 months from NOW you will be thankful you started TODAY.
We will bring clarity, compliance, and confidence to your business. With our expertise, you can focus on growing your business while leaving the financial details to a trusted professional. Our services can unlock your business’s potential, providing valuable insights and guidance.
Let us set the Pace for your success.