PerthBookkeepers.Com.Au

We’ve got bookkeeping clients in Bedford, Western Australia, as well as other suburbs of Perth in the City of Bayswater. It’s mainly a residential area, with many small businesses being operated from home.

You might be a carpenter, plumber, electrician, tiler, plasterer or other tradie in the building industry struggling to get your bookkeeping upto date.

Our Perth bookeepers have a portfolio of all sorts of small business owners from sole traders to companies that employ upto 20 or 30 staff.

We’ve helped business owners living in the City of Bayswater. By them outsourcing their bookkeeping we’ve not only saved them time, but we’ve also saved them money in a number of different ways.

Ask us how we can save you time and money in your Bedford business by outsourcing your bookkeeping to our Perth bookkeepers

Small business should support small-to-medium enterprise (SME), a concept that the Australian Federal Government seems to fail to comprehend.

They are telling everyone how the Rudd Government is helping small businesses with the Small Business and General Business Tax Break.

The package is such that small businesses can claim a bonus 50 per cent tax deduction for eligible assets costing more than $1,000 acquired from 13 December 2008 until 31 December 2009, and installed ready for use by 31 December 2010.

To benefit from this Tax Break a small business must have a turnover of less than $2.0 million a year.

Forget the tax break, shop at your locally owned store

This may look good on paper, but unless you actually need to make any investment in capital purchases such as motor vehicles or equipment, how does it actually help small business?

It certainly helps large businesses – the suppliers of motor vehicles, national stationary / office equipment suppliers, hardly normal electical chain stores and the like, but how does it help you, the small business owner in Stirling or Warwick?

Speaking to an accountant of one of our bookkeeping clients recently, he said that whilst the incentive looks very rosy, you should actually look at the costs involved in the purchase of a new vehicle.

Taking all things into consideration for this particular client, the client was going to be worse off purchasing a new vehicle compared to finding a cheaper second-hand vehicle

Many small business owners are understandably looking to save money wherever they can, believing that’s the only way that they can increase their income. Yet at the sametime, they also want to increase their turnover by attracting more customers or upselling existing customers.

Why do small business owners have a problem with supporting other small-to-medium enterprises?

Many of our bookkeeping clients take their shopper dockets from the major supermarkets, to get discount fuel, rather than paying a few cents more (perhaps) for fuel from independent service station operators.

The same clients buy all their fruit and vegetables, meat and other groceries from the large supermarket chains instead of supporting small independent green-grocers or butchers

Why do small-to-medium enterprises complain that your potential customers are going to the large companies or multi-nationals instead of shopping from you? Maybe we should stop pointing the finger at other people, and start asking ourselves, why do small businesses have a problem trading with other small businesses?

Do large companies really care about the local Stirling to Warwick, Gwelup to Balga, business owner? Not when the head office is in Sydney, Melbourne or even overseas

The positive effect on the local economy would be far wider reaching than all of those small business owners that continue to support large companies who are only interested in making huge profits for their shareholders (many of whom are large multi-nationals themselves).

Go shopping at your local independantly owned business, take business away from large corporations and bring back competition to the market place – you’ll be helping the local econmy whch will in-turn help your SME

July and August are busy months for many registered tax agents around Perth’s northern suburbs – 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.

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 Stirling to Warwick, Gwelup to Balga, Inner Northern Suburbs, Perth, Western Australia, 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, though we can help with getting your documentation preparedcontact us

Normally if you go to a shopping centre around Stirling to Warwick, Gwelup to Balga, Inner Northern Suburbs, 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

Bookkeeping records the flow of money in and money coming out of your business. A fundamental factor of any healthy small businesses in and around Stirling or Warwick, or any inner northern suburb of Perth, is whether there is more money flowing in, than is flowing out.

Tracking the flow of money in and out of your business occurs through the recording of each transaction by the person responsible for your bookkeeping. Contact us NOW and we’ll help you determine whether there is more money flowing in, than is flowing out of your business.

In basic terms there are four sources of income, and four reasons why money flows out of your business.

Depending on your business, income is generated through the sale of goods and services, or the sale of business assets. Other sources of income can be through loans to the business, either from yourself, or money that you have borrowed from relatives, friends, or formal channels such as financial institutions.

There are very few businesses that incur no expenses to generate the income. Thus money flowing out of your business will be to pay bills for overheads, such as power, telecommunications, rent, wages etc.

Other expenses include buying or replacing assets to run the business. Then there’s your remuneration, as drawings etc, and also your business may lend money to others.

The recording of each transaction by your bookkeeper is critical to protect all parties concerned. Each transaction should be supported by the appropriate documents. When the Australian Taxation Office decides to audit your business, they will often need to see all your supporting documentation.

Your bookkeeper needs to ensure that all the documentation is filed in such a way that it can be easily traced. Each transaction recorded in the bookkeeping system should be supported by the relevant documentation also.

Consider the day that a piece of equipment fails, and you wonder if it’s still under warranty. Your bookkeeper should be able to tell you when you bought the equipment, how you paid for it, and also be able to located the documentation relevant to that equipment.

A logical and ordered filing system is just as important as the balance sheet or P & L reports for your business. For more information or a free appraisal of your bookkeeping system, contact one of our Perth bookkeeping service NOW, and we’ll help you determine whether there is more money flowing in, than is flowing out of your business.

Sounds like a simple and obvious bookkeeping tip: Don’t pay an invoice twice.

Most times you’ve probably paid an invoice twice simply because you are in a hurry, see an overude notice or glance quickly at a statement that you’ve just received, and you panic, right?

Then when you set aside a few minutes to catch up on your bookkeeping, how bad do you feel when you’ve realised that you’ve paid a supplier’s invoice twice?

For professional bookkeeping help or to hire a bookkeeper, contact our Stirling to Warwick, Gwelup to Balga, Inner Northern Perth Suburbs book-keepers today

It’s easy to make some basic bookkeeping errors in the course of your business day. Whether you’re based in Stirling to Warwick, Gwelup to Balga, Inner Northern Perth Suburbs, good bookkeeping is an important part of your business.

9 tips to avoid paying the same invoice twice

Here’s nine tips to ensure that you and / or your bookkeeper never pay the same invoice twice: Read more… »

Congratulations to all those Australians honoured for Australia Day

We also salute all those that make enormous contributions to the country in their own small way, but because they are not well known sports people, musicians or film stars nobody seems to want to honour them.

[would the Australia Day honours be political?]

Without Australia’s anonymous heroes this nation would not be what it is today!

This year Australia Day falls on a Monday, so the nation gets a long weekend!

There’s a certain sector of the community with a big chip on their shoulders, who do not seem to want to move on with their lives, and want to call an event that happened over 200 years ago “Invasion Day”

Well, that’s fine, if it makes you feel better. However, why not join your fellow countrymen, who’ve realised that you can’t change the past, and instead take a more positive approach? Get over it, and move forward. On the one hand you want integration, and on the other you want to promote discrimination.

Happy “Australia Day” Australia! Let’s just party!

When a financial planner contacts a bookkeeping service because they are eighteen months behind in the paperwork, there’s a touch of irony.

It’s like the sparkie who still hasn’t wired up some extra powerpoints in his house though his wife’s been nagging him for three months

Or the accountant who has not lodged their own tax return for a couple of years

Business owners can get so caught up in the busy-ness of every day activities that they can never seem to find time to work on their business.

Even financial planners need the help of freelance bookkeepers to help them with the genera bookkeeping duties such as entering customer and supplier invoices, entering receipts, and calculating fuel expenses etc

Unless you’re passionate about bookeeping, you’ll always find excuses for putting it off.

As a bookkeeping service covering Stirling to Warwick, Gwelup to Balga, Inner Northern Suburbs, Perth, we are often called up to tidy up the mess that has accumulated over the past few months. Contact us for details

Even with purchasing an accounting software package such as MYOB or Quickbooks, the business owner is still faced with the task of having to find a few spare hours a week or a month to enter all the book-keeping data.

Unless you have a passion for doing the bookeeping yourself, you’ll always find excuses for putting it off. After all, why should you make bookkeeping a priority of your Stirling, Warwick, Gwelup or Balga business?

A widget-maker may know all about widgets, the different sizes and colours, the various strengths and applications for widgets, and have many others skills and knowledge involved in widget making.

So why do you want to spend time away from widgets to have to learn how to use an accounting software program? Then you’ve got to learn where to allocate your sales invoices. Maybe you need to make up a template with your company logo to issue invoices from MYOB or Quickbooks to send to your customers.

Then you have to prepare any reports that are needed by your accountant to lodge your tax return. And what if you make a mistake when entering the data. If you are not experienced in bookkeeping, or have not used a book-keeper, then you could find that you either produce a set of accounts that are not a true reflection of your business, or you find that the bookkeeping figures do not balance.

Meanwhile, you’ve got yourself totally stressed out, and discovered that you’ve spent so much time on trying to be the bookkeeper in your business, that you’ve lost a couple of very valuable sales orders because you haven’t had time to make any widgets.

Your financial planner would probably suggest to you that you need to spend time and effort in your business making the money. Just as you’ve turned to a financial planner for guidance in your financial future, it makes sense to turn to a professional bookkeeping service that covers Robina, Burleigh, Varsity Lakes and Mudgeeraba to look after your bookwork

By outsourcing a bookkeeper, do not feel that you will lose control of your finances. Indeed, in many cases the result is quite the opposite. By having your financials kept upto date by your bookkeeper, you can get regular reports, do month by month comparisons, and see if your business is heading north or south

Many small business owners will say, “Yes, but I leave all that to my accountant!” Well, that’s all well and good, but is your accountant basing decisions on current financial data, or is he looking at your bookkeeping figures from last year?

If your paperwork is in disarray, don’t panic!

Contact our bookkeeping service from Stirling to Warwick, Gwelup to Balga, Inner Northern Suburbs, Perth, and we can come in and tidy up the mess that has accumulated over the past few months.

Contact us for details

For many people in the inner northern suburbs of Perth, Christmas means a few days off, a few too many shandies, and maybe a few presents.

For the retail trade, Christmas is always seen as an important time of year for their turnover. But what about the real message of Christmas. Remember this: Like it or not, Jesus is the reason for the season.

Walking around the Stirling Shopping centre, there has been some attempt at Christmas decorations by centre management. A few stores have the token Christmas tinsel draped across the ailes, or around the cash registry. But where is the “heart” of Christmas.

Has “political correctness” overshadowed the Christmas Spirit? Commercialism has certainly taken over for many. Gosh! The muslims may be offended if there’s too much “Christmas Cheer” – Well, actually, not if you go to Dubai! You’ll see a heap more Christmas decorations and evidence of Christmas Spirit in Dubai than you will in Robina this year.

Perhaps it’s just apathy. Let’s just blame it on the world financial crisis shall we? Hark! The Herald Angels Sing, Glory to the NewBorn King

God Bless you Merry Gentlemen,
God bless the Master of this house
And Mis-ter-ess also;
God bless the little children
That round the table go;
God bless their friends and kindred,
That come from far and near;
May the Lord send a happy New Year,
Happy New Year,
May the Lord send a happy New Year.

(this extract taken from http://www.id.com.au/)

An analysis of the occupations held by the resident population in City of Stirling in 2006 shows the three most popular occupations were:

* Professionals (20,786 persons or 24.5%)
* Clerical and Administrative Workers (13,575 persons or 16.0%)
* Technicians and Trades Workers (11,589 persons or 13.7%)

In combination these three occupations accounted for 45,950 people in total or 54.1% of the employed resident population.

In comparison, the Perth Statistical Division employed 20.6% as Professionals; 15.8% as Clerical and Administrative Workers; and 15.8% as Technicians and Trades Workers.

The major differences between the occupations of the population of City of Stirling and the Perth Statistical Division were

* A larger percentage persons employed as Professionals (24.5% compared to 20.6%), and;
* A smaller percentage persons employed as Technicians and Trades Workers (13.7% compared to 15.8%).

An analysis of the jobs held by the resident population in City of Stirling in 2006 shows the three most popular industry sectors were:

* Health Care and Social Assistance (9,935 persons or 11.7%)
* Retail Trade (9,524 persons or 11.2%)
* Professional, Scientific and Technical Services (7,516 persons or 8.9%)

In combination these three industries employed 26,975 people in total or 31.8% of the employed resident population.

In comparison, the Perth Statistical Division employed 10.8% in Health Care and Social Assistance; 11.5% in Retail Trade; and 7.4% in Professional, Scientific and Technical Services.

The major differences between the jobs held by the population of City of Stirling and the Perth Statistical Division were:

* A larger percentage persons employed in Professional, Scientific and Technical Services (8.9% compared to 7.4%), and;
* A smaller percentage persons employed in Manufacturing (8.0% compared to 9.9%).