A Jim’s bookkeeper is able to offer you the following services.
Transaction processing
Profit & Loss reporting
Balance sheet preparation
Budget preparation
Trial balance
Bank Reconciliation
Stock control
Creditors and debtors management
(by being a registered BAS Agent )
Business Activity Statement preparation
GST and PAYG support
Payroll Administration
Superannuation tracking
Computer software sales and training
We provide Bookkeeping Services to the following South East Queensland regions - Sunshine Coast, Gold Coast and Brisbane.
Accounting Support
- Did you know that the process of collecting and entering transaction data needs to be done in a carefully structured way to allow for financial reports to be collated accurately and to allow for storage of information to meet the strict requirements of the ATO? Or even worse - are you using valuable time plodding through your data entry when you could be out making sales or looking after clients?
– Want to feel confident that you are making informed and profitable decisions about your future trading practices. P&L reporting provides a story of what goes on in your business over a period of time which can allow you to analyse your income and expenses so that you can make secure judgements about your next steps in growing your business.
– Don’t send yourself to the poorhouse by mistaking cash-flow for profit. A well prepared balance sheet gives you a clear picture of how much you owe and how much you own at any one time and this type of reporting on your financial position will allow you to see the true value of your business.
- Ask any thriving business owner and they will all tell you that developing a working budget is the first step in planning for success. By analysing what you have spent over the last 12 months, a budget can be produced of what you plan to spend and earn over the next 12 months. This can be incredibly helpful in your decision making process, as to how and when things can be done.
– Everybody makes mistakes sometimes so give yourself the reassurance of having a system in place that can make sure they are picked up before they do any harm to your bottom line. Preparing a trial balance for a business serves to detect any mathematical errors that have occurred in the standard double-entry accounting system, whether it’s manual or computerised.
– Build a strong business foundation by keeping a check on the exactness of transaction reporting so that when you’re making vital business decisions you can be sure that the financial reports you are using to base your assessments on are completely accurate.
– Managing your stock levels is closely linked to managing your cash flow and it’s very easy for one to drastically affect the other. Stock control needs to involve careful planning so that you can be sure that your business has sufficient stock of the right quality available at the right time. Now you can have someone on your team who’s aim it is to help you minimise the cost of holding these stocks whilst ensuring that there are enough materials for production to continue and be able to meet customer demand.
– The heart, the soul and the pain of small business is cash-flow… There’s nothing worse than not being able to buy supplies to take on a new job because the last job still hasn’t been paid for. Charge on cash and pay on credit is a golden rule for small business owners to live by. We can help you establish a simple and manageable system to follow up on all payments and receipts regularly and to ensure that payment terms are being used to there full advantage whenever and where ever possible. Wouldn’t it be great to let someone else chase up those annoying debtors for you?
Tax Support
– We’ll get it done on time every time, monthly or quarterly, so you’ve go no more worries about missing ATO deadlines.
– Are you worried about what will happen if the tax man comes knocking at your door… or that your tax refund isn’t as big as it could be? Professional GST & PAYG support will ensure you meet compliance regulations by making sure the correct tax codes are used on all your transactions. It also guarantees you only pay the taxes that you need to and can claim everything you are entitled to.
Business Support
– Nothing will get your staff offside faster than messing up their pay-packet and we all know disgruntled staff are really bad for business. Give yourself and your staff peace of mind with a well-structured payroll administration system that will ensure appropriate records are maintained. This will assist you in the day to day processing of your payroll and also give you security in the event of a dispute concerning an employee’s entitlements. Remember, State and federal laws require employers to keep accurate payroll records and to stay aware of any changes to regulations – are you compliant?
– Are you one of the many small business owners that find that managing staff superannuation is one of those annoying headaches that have to be muddled through? Wouldn’t it be nice not to struggle with being aware of what your superannuation obligations are towards your employees and administering those obligations as and when required by the ATO?
– Sales & training
– What better person to help you decipher the mystery surrounding all the different accounting software packages than someone who uses them regularly, and is not just a sales rep for a particular brand. Don’t spend a fortune on the biggest if the basic is more than enough… We can help you get the one that’s right for you and your business (it might even be an online system) and make sure you’re confident in using it.
