BALANCING ACCT fills a gap in the bookkeeping industry by offering Precision spending, Performance based bookkeeping and Accountants as Bookkeepers.
Services And Features
One Transaction At A Time
Accounts Receivable
Track your Sales
- Preparing Invoices / Invoice Generation
- Setting Up and Monitoring Invoice Reminders
- Tracking your Receivables and Income
- Reconcile transactions with bank account
Accounts Payable
Monitor/Oversee your Payables
- Accurate processing of payables into the Accounting software
- Assist in payment of payables by providing ABA file for upload directly into your bank account
- Tracking your Payables
- Reconcile transactions with bank account
Bank Account Reconciliation
Match and Keep your Accounts Updated
- Entering and/or verifying the entry of customer and supplier invoices into accounting software
- Entering and/or verifying the entry of payments and receipts from bank
- Reconcile and/or verify all bank, loan, and credit card accounts
Financial Reports
Check the health of your business
Monthly and Quarterly reports as generated by the Accounting software
- Income Statement
- Cash Summary
- Balance Sheet
BAS and IAS
Assistance, Preparation, and Lodgment Of Returns
- Review transactions for reporting period (monthly/quarterly)
- Assist accountant with necessary processes in completion of BAS/IAS, if applicable
- Lodgement of BAS by tax agent
- Yearly GST reconciliation and relevant BAS adjustments
End of Year
Summary and Reports
- Review end of year reports
- Provide accountant with information as required for year end
- Liaise with your Accountant as to any End of Year journals or adjustments
- Ensure essential and required business records are maintained and stored for the financial year
- If applicable, roll file over to the new financial year
Software
Set Up and Assistance
Accounting Software
- XERO
- MYOB
- QUICKBOOKS
Invoice Scanning App
- Receipt Bank/DEXT
Payroll
Management and Processing
- Set up employees in the payroll system
- Prepare payroll weekly/fortnightly/monthly
- Leave acruals
- Provide ABA file to upload directly into your bank account
- Superannuation Payments
- Balance & Reconcile Superannuation – Quarterly
- Balance Payroll and PAYG for ATO - Annually
- Group Certificates and Employer Annual Payroll Statements
- Payroll Reports
- Wages Reconciliation
Communication Support
We contact you or you contact us
- Google Meet/Hangouts
- Liaise with your Accountant
What You Get
Bookkeeper
- Accountant as Bookkeeper
- University Graduate, 4-year course
- 4-year course
- English Speaking
- Australian trained
Hardware / Facilities
- Windows Office Licensed
- i5 Intel Processor
- 8 gig ram
- SSD (Solid State Drive)
- 2 x 24” monitors
- Back Up 5G Internet up to 500Mbps
- Back Up Generator
- Back Up Computer
Security
- Firewall
- Kaspersky Antivirus
- 24/7 Security
- 24/7/365 IT Staff
- Computer and Employee Monitoring Software
Happy Culture
- Monthly Activity
- Paid Annual Holiday and Sick Leave
- Medical/Hospitalization Insurance
- Movies
- Work-Life Balance