Whether you use MYOB / Quickbooks, or you need Software Training for your small business in and around Blacktown, Seven Hills, Doonside, Prospect, HuntingWood ot Arndel Park we are here to help. Contact our team of mobile book-keepers now
Is “Off-sitebookkeeping” the same as “Mobile Bookeeping”?
When looking for bookkeeping services in Blacktown, you may decide to do an internet search for “Black Town bookkeeping”
Others may look for “book keeping services in Seven Hills”, or even “Bookkeeper Seven Hills” as well as “Book-keeping” or “book-keeper”
Then there’s those people that are never quite sure if there’s only one “k” in bookeeping, or would you search for “bookeeper”?
You could do a search for “book keeper” in Blacktown
Either way, you’ve come to the right website, because our team of mobile bookkeepers will either come to your premises and work on-site at your offices / business that may be located in Doonside or surrounding suburbs, or we can collect all the documentation and take it away to work at our premises. This is often referred to as “off-site” bookkeeping
Is “Off-sitebookkeeping” the same as “Mobile Bookeeping”?
There are a number of bookeeping services that will only work at their premises. These bookkeepers tend to be inflexible and demand that their clients drop ff the paperwork at the bookkeeper’s premises
That may not always be convenient for a small business owner, and that’s why so many businesses in and around HuntingWood choose our mobile travelling bookkeeping services, because our Kings Park bookkeepers will find the solution that works best for you and your business
Whether you use MYOB / Quickbooks, or you need Software Training for your small business in and around Doonside, Prospect, HuntingWood ot Arndel Park, New South Wales, Australia, we are here to help. Contact our team of mobile book-keepers now
We service Blacktown, Seven Hills, Doonside, Prospect, HuntingWood, Arndel Park, Lalor Park, Kings Park, Dean Park, Woodcroft, Quarkers Hill, and Marayong
Posted under BAS, Bookkeepers |
Is your paperwork in order, have you got your bookkeeping up to date ready for the BAS due on 28 October? If you are a small business owner in and around Revesby, Panania, Padstow, Picnic Point, and suburbs to Liverpool and Bankstown, we encourage you to focus on what you do best, and we’ll do the rest
With less than three weeks away before the first quarter Business Activity Statements [BAS] are due for lodgement, there’s not much time to get your bookwork organised
Cash flow has certainly tightened up in the economy. As bookkeepers, we’ve seen that invoice payments are being dragged out longer and longer, as suppliers wait to be paid by customers, and service providers wait to be paid by their clients
For small businesses in and around Revesby, Panania, Padstow, Picnic Point, and suburbs to Liverpool and Bankstown, we have a mobile book keeping service that can come to your office and do the work on-site, or we can take the paperwork away with us and complete your bookkeeping work in our offices
Either way, it’s not a good idea to leave your bookkeeping until the last minute and risk a fine from the ATO for a late lodgement Call us today on 0415 453 536 for more information
We received an email, apparently from the ATO, advising us that we had a Tax Refund due.
The amount was for AUD$210.75. Nothing strange about that, except for the spelling and the grammar.
They ask you to click a link that takes you Read more… »
We are often asked whether MYOB is better than Quickbooks.
Like many large companies these days, MYOB are not interested in their end users, they are only interested in their bottom line.
Do they care how the end users, Read more… »
Had a call from a lady asking about Panania Bookkeeping Services. Her husband is a sole trader in the construction industry, with an ABN.
Does he need a Bookkeeper? Good question. He’s got an ABN, and he’s only got one client. In effect he’s a subcontractor. He’s providing labour for a construction company. He doesn’t provide any materials – he simply shows up for work on the job site.
We are not registered tax agents, so we cannot give advice in such matters. We are bookkeepers servicing clients in Revesby, Panania, Padstow, Picnic Point, and suburbs to Liverpool and Bankstown.
We cannot give advice on whether this subcontractor can claim fuel for going to his different jobs. He needs to speak to his accountant or tax agent.
It would seem that he really has no expenses, no suppliers, and only one customer. The Australian Taxation Office have a checklist on their website to determine whether he’s a sub-contractor or an employee.
If he’s only got one client, and only providing labour, then chances are that he’s entitled to Superannuation.
Going back to the original question: As a tradesman in these circumstances, does he need a bookkeeper to do his book keeping?
Maybe the best thing he can do is to get himself a cash book from the local newsagent and just write down his expenses each month. At the end of the year we can then collate his records and produce the necessary reports for him to take to his tax agent.
As his business grows, then he may need some bookkeeping. It’s not really worth his while (or ours) to be outsourcing his bookkeeping under his present circumstances.
When potential clients contact our Revesby, Panania, Padstow, Picnic Point, and suburbs to Liverpool and Bankstown book keeping service, they often ask us: “what is your hourly rate for bookkeeping?” Read more… »
Why does good book keeping mean good record keeping for businesses in Revesby, Panania, Padstow, Picnic Point, and suburbs to Liverpool and Bankstown? Well, we’ve talked many times previously about the importance of good record keeping to save money on your bookkeeping fees.
Recently a client from Liverpool approached us with an A4 archive box full of suppliers’ invoices, and a coupe of bank statements, for the 2008 – 2009 financial year.
We were just given the box, and asked to record all the transactions – we had no idea of the nature of the business, no opening balances – nothing. We looked through the paperwork and proceeded to find a pattern of transactions.
how good record keeping can save money on your bookkeeping fees
We’ve many years experience as bookkeepers, and were able to work out how many of the payments were made, though it proved to be quite a challenge, owing to the way that the client has been keeping the paperwork, such as:
- Incorrect cheque numbers were written on invoices
- Statements marked “paid” with no amounts detailed
- Cheques written with no payee
- Invoice amounts altered by hand
- Invoices marked “paid by Cash”
- No record of cash income from sales
- No record of what the cash deposits into the bank account represent
- Bank statements missing
- Cheque books missing
- Deposit books missing
A simple extra 30 seconds each time the client made a payment would have saved us a few minutes in trying to track down what the client had done. All those extra minutes turn into hours, and turn into increased fees for their book keeping
Secretarial Service wants MYOB training
Had an email from a secretarial service in Parramatta – that’s how it works with your online admin. The lady wants some MYOB training, so that she can “do the bookwork” for one of her clients. Read more… »
Business Activity Statements, for business owners reporting quarterly, are due on 28 July 2009.
For many small business owners and especially for their bookkeepers, July is always a busy time of year in Australia.
With end of financial year reporting, together with reporting of the 01 April to 30 June quarter, businesses that are behind in their paperwork can struggle under extra pressure that they really do not need
Cash flow has certainly tightened up in the economy. As bookkeepers, we’ve seen that invoice payments are being dragged out longer and longer, as suppliers wait to be paid by customers, and service providers wait to be paid by their clients
The phone’s been ringing as desperate business owners in a panic wanting help with their MYOB and Quickbooks files. In most cases, they can simply email us the files and we’ll have a look at their reporting and can generally work out where the problems are within a short time
One lady contacted us after spending two days trying to reconcile her Quickbooks bank accounts. We had a look at her file and solved the problem in 35 minutes. Look at the time and stress she would have saved if she had contacted our bookkeeping company when she first noticed that there was a problem
As a small business owner we encourage you to focus on what you do best, and we’ll do the rest
July and August are busy months for many registered tax agents and bookkeeping services around Campbelltown and Bankstown – as individuals hurry to lodge their income tax returns in the hope that they’ve been paying too much PAYG tax and hope to get a tax refund.
Wham, Bham, thank you, ma’am, and it’s all over!
This time of year brings many enquiries for our bookkeeping service. The main questions are, for a basic Tax Return: “How Long, and How Much Fees?”
Stroll through any large shopping centre around Campbelltown and Bankstown, and you’ll see that centre management have rented out the floor space in the middle of the mall to tax agents who’ve set themselves up like a fast-food outfit.
Wham, Bham, thank you, ma’am, and it’s all over!
Get ‘em in, sit ‘em down, fill in a form, and click a button …. Gone!!
We get quite a few enquiries from individuals, on a salary, with little expenses that they can claim, so their tax return is very straight forward. We are not registered Tax Agents and cannot advise / lodge tax returns on their behalf.
Normally if you go to Bankstown shopping centre you’ll most likely find a registered tax agent – they’ll most likely set up a table at this time of year, and be sitting with their laptop waiting for the next customer to come along – costs about $100 and takes about 20 minutes, with about 3 or 4 weeks to get answer from ATO
Some of these tax agents only operate for a few months of the year, specifically to help individuals with their tax returns.
Small business owners may find that the service offered by these quick-fix-tax-return booths are not set up to handle your needs, and that’s where a mobile bookkeeping service such as ours can be of great benefit to you
As bookkeepers, we can help with any bookkeeping requirements you may have, so please feel free to contact us to discuss your bookkeeping setup
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2nd Quarter: 28/02/12