We can help with your paperwork so you can concentrate on your business.
The Foundations
Getting the foundations right is critical to ensure that your business systems work properly. This includes:-
- Understanding how your business works and what you need from your business systems,
- Working out what needs to be done and the relative priorities,
- Setting up your chart of accounts, customers, suppliers, etc,
- Linking tax codes, etc,
- Reviewing procudures and finding ways to save time or reduce the risk of errors,
- Documenting procedures, systems, etc, and
- Training staff to ensure that they know what needs to be done and how to do it.
Day to day and Compliance
Every business is different, so we work with you to provide the right range of services for your business. These services can include:-
- Recording payments from customers
- Entering bills
- Paying and/or recording payment of bills
- Recording payments made by cash, cheque, credit card, Bpay, etc.
- Reconciling bank, credit cards, etc.
- Entering end of month journals, reconciliation, etc.
- Preparing Activity Statements and returns for Superannuation, Workcover, Payroll Tax, etc.
- End of month or regular reports to help you manage your business
Please note that we do not provide tax, compliance or business advisory services - we can liaise with your Accountant to ensure that they receive the information they need to handle these tasks.
Handling Pays
Clients use our payroll services for a variety of reasons:-
- They do not have people with the required skills on site,
- To keep payroll information confidential
- Costs can be high for training and keeping staff up to date on a task that is only handled once every week or two
- Finding a replacement for an empoloyee with payroll skills may be harder than finding someone suitable without these skills
As an example, we set up and handled the pays for a large American defence company that had opened an office with an employee in Adelaide.
All contacts were handled by email and this arrangement worked well - processing for the Adelaide office was later incorporated into the Australian operation.