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Mobile Bookkeeping Stirling to Warwick, Gwelup to Balga, Inner Northern Suburbs, Perth, Western Australia

Archives for Bookkeeping category

Perth Bookkeeping: September BAS due 28 October 2011Do you need our Perth bookkeeping team to help you with the September BAS that’s due 28 October 2011?

If your business is located in the northern suburbs of Perth then contact our Perth bookkeeping team today, as our diary is filling up over the next few weeks approaching the BAS lodgement deadline.

Maybe it’s the first time you’ve had to complete a Business Activity Statement for your new Perth business.

Here’s a surprise, lodging the BAS is the easy part Having the correct figures is where the fun starts.

If you want to know how to fill in a Business Activity Statement BAS – then contact us today for help.

Perth business owners can be caught by putting the wrong figures in the boxes and then paying the Australian Taxation Office too much – or even too little – tax at the end of the quarter.

How do you know if you’re paying too much tax?

Simple answer is that we ALL feel we are paying too much tax to the ATO. As Perth bookkeepers, we have certain checking procedures that we run to ensure your figures are correct before you lodge your BAS.

Would you rather pay us a few extra dollars, or pay the tax office TOO MANY extra dollars because you’ve put the wrong figures in your September quarter BAS form?

Contact our Perth bookkeeping team for help with the September BAS due 28 October 2011

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Osborne Park - Help We Need A Bookkeeper yesterdayA desperate phone call from a business owner in Osborne Park: “Help, We need a bookkeeper yesterday!

There’s nothing like being given plenty of notice to organise a meeting with a new bookkeeping client.

There’s not many bookkeepers around Osborne Park who are justsitting around waiting for the phone to ring.

If you find a bookkeeper who is in such a position, then perhaps you should be wondering why they are not busy working on bookkeeeping for other clients.

Fortunately we have a good working relationship with our bookkeeping clients in and around Osborne Park. When a new client is in a desperate need for help, we are able to juggle a few appointments around with our regular clients and help out small business owners around Osborne Park with bookkeeping.

Whether you use Quickbooks or MYOB accounting software, or any other package for the bookkeeping in your Perth northern suburbs business, contact us today for help, but please try and give us a little more than ten hours notice!

northern suburbs Perth Bookkeeping-Balances Sheets For Finance and LoansEvery wondered why the bank asks for a balance sheet when you go for a loan? Our North Perth bookkeeping business often receives requests to prepare a balance sheet for clients applying for finance and realise that their bookkeeping is in a mess! Contact our Perth Bookkeepers for help

Why does the bank ask for balance sheets for your Perth business?
The bank wants to get a picture of how your business is performing and the balance sheet can give you a financial snapshot of how healthy your business is. You can quickly determine how much you owe to your suppliers, and what your business owns.

The balance sheet lists all you assets, liabilities and equity, following a simple formula: assets = equity + liabilities. The assets and liabilities are on the left and must equal the equity amount listed on the right. When these figures match it means the balance sheet is in balance.

Having this information allows your business to put together a more accurate cash flow statementt and shows the cash flowing in and out of your business. Contact our North Perth bookkeeping service to help you prepare the balance sheets.

Where do you start when looking for Bookkeeping in Perth?

Over the years our professional Perth bookkeepers have helped many businesses with their bookkeeping in Perth. Contact Us for more information

We’ve helped bookkeeping clients in Joodalup, Wanneroo, Stirling, Warwick, Balcatta, Swanbourne, Bayswater, and North Perth, just to name a few of the suburbs that we’ve serviced.

There’s quite a few bookkeepers offering bookkeeping in Perth, so how do you decide which Perth bookkeeper will be suitable for your business? [read more here .....]

With the recent changes in legislation, the ATO require that every Perth bookkeeper and bookkeeping service in Perth that lodges BAS (Business Activity Statements) be registered BAS agents with the Tax Practioners Board.

Typical of most legislation, it’s half-cocked and put together by a bunch of public servants in Canberra who have no idea what life is lke in the real business world.

All the legislation has done is to give a whole load of inexperienced (and often incompetant) bookkeepers a false sense of confidence believing that they are ready to be let loose on innocent business owners who would have no idea if their bookkeeper was any good.

Before you continue any further in searching for bookkeeping in Perth, read this article: How to Find A Good Bookkeeper in Perth

Perth Bookkeepers- Helping Home Based BusinessOur Perth bookkeepers often receive calls from home based business owners wanting help in getting their office set up with a bookkeeping system.

For many people, the office may be the spare bedroom, or the garage. You might purchase some new furniture such as a desk, chair, and some office equipment such as computer, printer etc.

It’s a good idea to keep all receipts for your purchases, because while you’re getting started you may not be sure what is classed as a legitimate expense.

As well as having a business plan, it’s a good idea to have a chat with your accountant, since you may be able to claim the payments as a tax deduction if you decide to rent or lease equipment rather than buy.

The way you set up your business in your home may affect your tax deductions. See the ATO information on home-based work and deductions .

Our Perth bookkeeping service would suggest that you set up a separate bank accounts for your business and personal expenses. You’ll find that the bookkeeping for your Perth business is simplified by doing this.

Other things to consider include your insurances, licences etc . You may need to check for any local council by-laws regarding your home-based business.

For help with your bookkeeping, or even some ideas how help with your home-based business, contact our Perth bookkeepers today

Wasting Money On Bookkeeping In PerthDo you ever feel like you’re wasting money on bookkeeping for your Perth business?

It seems that some clients can’t wait to throw their money on bookkeeping fees.

There’s nothing wrong with making a decision to outsource the bookkeeping to professional bookkeepers in an effort to save on accounting fees. What seems crazy is when we give them options to further increase savings by implementing some simple procedures that we ask them to put in place.

If we were mind-readers, we’d probably no longer be bookkeeping, yet those clients decide that we must know everything that goes on in their small business, and stop the channels of communication.

Your bookkeeper can only work withthe information that is supplied, they should not be having to guess how a payment was made, or hunt around to see which account was used for what transaction.

It makes sense that your bookkeeper is only as good as the information you give them. If you misplace or lose bank statements, invoices, receipts etc, then your bookkeeper will have to spend time (=money) chasing them or wait for you to locate them before their tasks can be completed

These delays equate to time lost and money wasted.

Similarly, if you are slow to get back to your bookkeeoer when quiries are raised, then that will slow down the work flow, and your bookkeeper may fill the schedule that was allocated to your work, with another client.

Again, delays that you cause through not keeping an eye on your bookkeeping can cost money.

Other examples are outlined in our free report that you can download HERE

The worst case scenario maybe that your bookkeeper is stealing and it may be months or even years before you notice.

By which time it could be too late – as in the case of the large electrical retailer, where the bookkeeper found it e-e-easy to steal $20million unnoticed.

By changing a few simple habits you can truly make the most of your bookkeeper. We service local businesses in and around Balcatta, Stirling, Gwelup, Osborne Park, Warwick, generally using MYOB and QuickBooks.

How incorrect bookkeeping can destroy your businessWhen looking for a bookkeeping service in the City of Bayswater, Western Australia, you may be tempted to go to the Local Government website local business directory

Read our article about How incorrect bookkeeping can destroy your Perth business

This is nothing more than an index page to direct people to YellowPages online.

Who uses Yellow Pages anymore? The last time we picked up the yellow pages was to prop open a door. When you’re sitting in front of your computer, like now when you’re reading this, surely it’s so much quicker to go to your preferred search engine and just key in the product or service that you’re looking for.

Indeeed, that’s most likely how you got to this page. You typed “Bookkeeping In Bayswater, WA”, or a variation of that phrase.

Often people will search for bookeepers,bookkeepers, or even book-keepers. Or maybe they’ll be looking for bookeeping,book-keeping or book keeping in Bayswater, or North Perth, or such combinations.

You may be looking for a MYOB bookkeeping in Bayswater, or a Quickbooks bookeeping service that also uses Reckon softtware or Quicken accounting packages.

Now we’ve sorted that out, how exactly can we help with your bookkeeping issues today?

Contact us NOW and we’ll get back to you ASAP

There’s nothing new about sourcing new business for our Perth Bookkeepers.

Perth Bookkeepers: Sourcing New BusinessThe cheapest and most effective source of new business comes from word of mouth. When our clients talk to their business associates about our Perth bookkeeping services, often those people will ask us for help to look after the bookkeeping for their Perth business.

It’s no different from asking someone at work if they know a good mechanic, dentist or accountant. Networking is not a new concept. It may be a lost art for many people.

The Stirling Business Association is holding a September luncheon event at The Saint George Hotel, Innaloo on 14th Sep 2011. The keynote speaker, Ron Gibson, will be talking about the art of networking.

If you’re not sure how to get the best of networking, perhaps Ron’s talk will be just what you need.

Our Perth bookkeepers do very little “formal” advertising, instead we rely on low cost marketing strategies to source new business.

For help with your bookkeeping, or even some ideas how to source clients at low cost, contact our Perth bookkeepers today

Our Perth bookkeeping clients often ask when’s a good time to invoice your customers.

Perth Bookkeeping- When To Invoice CustomersThat’s simple – invoice them straight away – as soon as you’ve finished the job, rather than waiting to the end of the month.

Here’s some other tips to use when invoicing clients of your Perth business:

Check the details on each invoice to ensure there are no errors or ommisions. If you are registered for GST, make sure that you’ve included the GST component in the total figure

A brief description of your services not only help with the payment, but also can clarify items that may otherwise be disputed down the track

Make sure that you can make it as easy as possible for your client to pay you by having your account details clearly visible, and also your contact details so they can get hold of you quickly if there’s a problem

Depending on how you issue the invoice, you may wish to call up your customer after a few days to ensure that they have received the invoice

Contact us today for any bookkeeping issues that you may be having, so our Perth bookkeepers will help you get your bookkeeping on track!

Is it possible to do your bookkeeping using spreadsheets?

Bookkeeping using spreadsheetsFor a small business owner, using a simple spreadsheet can be a quick easy and economic solution to doing your bookkeeping.

Often we come across business owners in Perth that track their bookkeeping suing simple spreadsheets, and then they’ll contact us once a month or each quarter to come in and tidy up the bookkeeping that’s been done on a spreadsheet.

There can be a few problems using a spreadsheet when it comes to bookkeeping. The beauty about using spreadsheets is that you can create little formulas in the cells to give you the answers that you are needing.

Many small business owners do not know or understand the full potential of using spreadsheets to do their bookkeeping.
Unless you’ve set your spreadsheets up correctly, there may not be any checks in place to identify where errors may be occurring.

This can be an advantage when using accounting software packages such as Quickbooks or MYOB where the reporting process has already been set up. At the push of a button you can run a number of reports that will quickly highlight where any errors may be in your data entry.

There’s so many examples of what can go wrong with using spreadsheets to do the bookkeeping for your Perth business, and in so many instances the errors are not discovered until it’s too late and the damage has been done

Contact us today for a bookkeeping health check-up