Many Small Business Owners start off doing their own Bookkeeping in the start-up phase of their new business and will try to learn the accounting program as they go.
One of the many benefits of enlisting IKTB Small Business Services for your Bookkeeping is the added bonus of not having to learn accounting software which can become a very time consuming and costly exercise for a new or existing business. Melissa is fully trained on MYOB Essentials, AccountRight Live and Xero and she will be able to guide you through any aspect of the program so that you can ultiise it to its full potential.
Here are some of the Services that IKTB Small Business Services can provide your Business on a regular basis:
Weekly / Monthly Data Entry of Creditor Invoices
Monthly Cheque or Internet Banking / BPAY Payments
Reconciliation of Creditors towards their Statements
Quarterly Archiving of your Paid Creditor Invoices
Submission of Application forms with new Creditors
Creating and Emailing Debtor Invoices to your Clients
Allocation of Debtor payments towards the correct Invoices
Reminder letters to overdue Debtors to confirm payments
Creating and sending of your Monthly Debtors Statements
Quarterly Archiving of your Paid Debtor Invoices
Handling new Account Application Form Submissions
Payroll & Superannuation Payments
Calculation of Overtime, Allowances, Leave Entitlements
Set up of Employee Card Files with the correct deductions
Weekly Payroll Payments to your Employees
Employees Monthly Compulsory Super Contributions
Payments to Superannuation Funds using Online portals
Workers Comp Claims and Payments and handling enquires
Monthly Bank Statement Reconciliation
Your Business Bank Statement should be reconciled towards your MYOB or Xero File every month to ensure that each transaction to go through your Bank account has also been included in your MYOB or XERO File. Bank reconciliation is a routine process that checks that all Business expenses have been allowed for i.e. Monthly Interest and Account keeping.
Quarterly Business Activity Statement Lodgement (BAS)
Your Quarterly Business Activity Statement (BAS) can be prepared and Lodged on your behalf correctly to ensure that all GST Credits and Liabilities have been accounted for.
WHY HIRE A BOOKKEEPER?
You can relax knowing that your Business paperwork is accurate, constantly up to date and being taken care on your behalf.
Your Bookkeeper is aware of all BAS, Super and PAYG Lodgement Deadlines so you don't need to try to keep track of these dates yourself.
You can spend time working on other aspects of your Business and leave the never ending paperwork for your Bookkeeeper to handle.