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Need help with bookkeeping?

Not keeping good records may cause your business to fail. Don’t let this happen to you.

Good bookkeeping is essential to business survival.

Can you trust your numbers?

Effective business decisions rely on quality financial data. So can you rely on your numbers when you have to make critical decisions? Timely and accurate bookkeeping data help you answer crucial questions you face in business. For example, should I add a new staff member, which parts of the company are the most profitable, or will we have enough money to meet payroll etc.?

When you understand what your key business numbers are telling you and what factors drive those numbers, it helps you make better decisions. You know whether you must stop doing the wrong things or try something new.

Instead of relying 100% on your gut feelings, which may lead to costly consequences, you base your decision on reliable financial data, which moves your business forward.

A sound bookkeeping system is the bedrock foundation of running a profitable business.

Once Off Engagement

Are you behind on your bookkeeping?

We’ll get you up to speed in no time.

As your business grows in complexity, it requires more juggling of competing priorities. For example, bookkeeping is usually not a top priority compared to urgent things like increasing your sales or dealing with pressing staff issues.

Unfortunately, this situation is quite common because most small businesses only have limited resources available to them. Therefore, non-urgent but essential functions like bookkeeping are getting less attention than they deserve. As a result, the numbers produced by your system are confusing. The financials make no sense by the time you get your monthly figures because they are out of date or based on incorrect data.

Suppose you feel like you’re running blind because your bookkeeping is not up to date. We can help by maintaining your financials so they remain current and you know how your business is progressing.

Just a few examples of the bookkeeping services we provide:

  • Lodging outstanding Business Activity Statement (BAS) lodgements
  • Late super payments, and you’re not sure what to do?
  • Employee payroll, superannuation and Single Touch Reporting (STP)
  • When you’ve outgrown your excel spreadsheet or changed to a more efficient bookkeeping system and need some guidance? We could help you choose the right accounting system and implement it to suit your business. Being Xero specialist advisors, we can provide you with a seamless transition from your other system to Xero. We could also help you make the most of your new Xero software if you need training.

Ongoing Engagement

Outsource your bookkeeping to the professionals

It makes more sense to outsource critical functions in your business to specialists.

Rather than doing everything in-house and doing nothing well, intelligent businesses use professional experts to help them manage critical functions as they grow. This outsourcing allows them to capitalise on their core strengths, focusing on the things they excel in.

Doing bookkeeping day in and day out is probably not your biggest passion or the primary reason you started your business. However, by outsourcing, you free up capacity and get the focus back on the essential parts of your business, such as growing your business.

We love numbers, and we’re good at keeping the books up to date. You could have your own accounts function managed by Xero certified bookkeepers and Chartered Accountants when you sign up for one of our bookkeeping packages. We are based locally in Balcatta, Western Australia.

Here are some of the things we can help you with:

  • Up to date financials prepared regularly
    Accounts payable and accounts receivable
  • Correct payroll calculation and on time Single Touch Reporting (STP)
  • Superannuation administration and remittance
  • Employee leave tracking and reporting
    BAS and Instalment Activity Statement (IAS) preparation and lodgement
  • Taxable Payments Annual Report (TPAR) lodgement
  • Payroll tax preparation and lodgement
  • Bank accounts reconciliation
  • Email and phone support from professional bookkeepers
  • Help from in-house Chartered Accountants when you need it

Next Step

Protect your business from poor bookkeeping

We would suggest booking a meeting to determine if we’re a good fit.

Once we understand what’s essential for your business and its goals, and then we can work out a plan on how to achieve them.

If you can’t trust your numbers and it’s hurting your business, perhaps it’s time we change this. Email us, and we’d be happy to show you how you can get your business back on track!


Level 1
162 Grand Boulevard, Joondalup WA 6027
P: 08 6245 9211

Verity Advisory Pty Ltd. Chartered Accountants and Xero Bookkeepers for Perth's startups and fast-growing businesses.

 

Liability limited by a scheme approved under Professional Standards Legislation.

 

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