Bookkeeping

Bookkeeping is the process of recording and reconciling the transactions of a business and the importance of this is often under-rated.

Track your Business

Sometimes business owners are so caught up in doing what they do best, they leave their bookwork until their BAS or Tax Returns are due and skim through it at the eleventh hour. Here at Choice Accounting, we believe that doing your bookwork on a regular basis and running reports frequently (e.g. weekly profit and loss reports, debtor reports, budgets, or cash flow reports) should be vital aspects of every business. Successful business owners are constantly reviewing their figures to see how their business is tracking. Doing this on a regular basis, and having your figures up to date and accurate, helps in decision making processes.

Real Time Access

The world of bookkeeping has changed significantly over the years and even more so now with the introduction of cloud-based software like Xero. Now clients and accountants have real-time access to client’s data and can help with keeping the bookwork up to date and provide timely reports for decision making and tax planning. This allows bookkeepers, accountants and business owners to all work together to maintain the books, to ensure we can identify trends and also that potential problems are identified and addressed before they get out of hand or lead to bigger issues.

Flexible Bookkeeping

Here at Choice Accounting we have bookkeepers who work with our clients, either on site or remotely, and we cater for the use of all the major bookkeeping software: Xero, MYOB , QuickBooks, Quicken, Cash flow Manager and Saasu. We also cater for those businesses who work manually, from bank statements and cheque books. However, we do try to find a suitable solution for those clients so that they can also benefit from available reports and other information, on a regular basis.

If you would like to discuss the possibility of finding a bookkeeper, or if you would like one of our accountants to manage your books, or if you would simply like a quote, please feel free to contact us, or visit our pricing page.

Bookkeeping services we offer include:

  • Software selection and training
  • Onsite or offsite bookkeeping
  • Completion and lodgement of BAS, IAS, and PAYG
  • Payroll management
  • Debtor management
  • Setting up your Chart of Accounts
  • End of year PAYG Summaries and Annual Summary
  • Preparation of taxable payments Annual Reporting Forms (building and construction industry)
  • Preparation of cash-flow projections and budgets
  • End of financial year alignment journals

On the money for your business

If you would like to discuss your requirements with one of our experts, feel free to leave your details here and we will get back to you ASAP with information specific to your industry.

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xero certified