• Set up business accounts receivable and payable. The processing, reconciling and reporting of accounts receivable and payable transactions and monitoring your accounts email and debt collection.

• Set up employee records. Payroll and entitlements processing, reconciling and reporting.

• Reconciling business bank accounts, credit cards and loans.

• Preparing financial reports for management and accountants such as cash flow forecasts, profit and loss and balance sheet.

• The tracking of project income, expenses and reporting prepared concerning profit and loss and cash flow for management.

• Catch up for compliance in bringing up-to-date your outstanding BAS (Business Activity Statement), payroll and superannuation.

ATO COMPLIANCE

• Your monthly/quarterly reconciling of income and expense transactions. Cross-checking of GST coding for BAS (Business Activity Statement) accuracy. Reconcile payroll transactions and check Gross/Net Wage entries, Pay as You Go Tax, superannuation, employee allowances and salary sacrifice calculations for the quarter. Lodgement through the ATO portal and arrangement for payment.

• Reconcile your payroll superannuation transactions for the period and check accrual calculations. Then, declaring and reporting to the superannuation clearing house and organising payment.

• Update your payroll settings to comply with changes in Single Touch Payroll by updating how payroll items are categorised and reported to satisfy compliance obligations.

• Review reportable transactions, check supplier ABN registration, GST registration and contact details, declaring amounts paid through accounting software.

• Business registrations for GST and PAYG through the ATO portal once a declared threshold is reached.

• Set up new accounting files and provide training with ongoing support.

• Accounting system migration and conversions to cloud-based record-keeping and software.

Software Training, MYOB & Xero Support

• One on one training, tailored to your needs. Online, 1 hr easy to consume sessions

• All training includes 1 month of technical support on the subjects covered in the training.

Examples of recent training sessions undertaken;

• Platform overview on how to use the; Dashboard, Debtors, Creditors, Payroll and reporting modules. How these may be utilised in your business

• Debtor life cycle; template/ payment gateway settings and integration.

• Debtor tracking and reporting

• Creditor life cycle; settings and integration

• Creditor tracking and reporting

• Payroll compliance registrations; ATO single touch payroll and superannuation

• Payroll life cycle; Payroll template settings and app integration

• Reports review and customisation; profit and loss, balance sheet and setting up budgets