Why work with us for your accounting, bookkeeping and BAS?
- Your accounts are processed faster and more efficiently
- You have essential, up-to-date information for business decisions
- You can generate easy-to-understand monthly management reports
- You spend much less time on compliance issues, freeing you to work on productive business activities
- Your GST information is prepared effectively
- Your BAS can be lodged by us before the due date
- Your accounting records can be ready for us to do your Tax Return as early as July!
Accounting, Bookkeeping and BAS Services
Are you not managing to keep up with the day to day management of finances for your business as it is growing? Are numbers not your thing? Our team at Prime Tax Experts take the edge off tax, working out the finer details for you so you only have to worry about the bigger picture.
We can recommend the appropriate software for your business, as well as the set-up and maintenance of online client accounts. We offer regular BAS reminders and a reasonably priced business services package tailored to your needs.
Under tax law if you are running a business you must keep records that explain all transactions and what method you used to derive your estimation of tax owed. This is fine when all you require is a basic cashbook system, however it can end up taking up a lot of your valuable time without accounting experience.
BAS and PAYG Statements
We have a longstanding history of preparing detailed BAS and PAYG statements for clients and avoiding issues with discrepancies. Depending upon how much work is involved and whether or not the accounting records are already prepared and in good order our fees vary, but one of our team will be able to discuss our estimated service fee with you in your consultation. Often our clients opt for our annual bookkeeping and BAS service package to keep reduce costs overall when preparing returns.
Annual GST Returns and BAS’s with GST refunds often attract ATO scrutiny and necessitate a particularly high standard of preparation, which we offer each of our clients every time.
The importance of good record keeping
Accurate, bank-reconciled and reliable accounting records with correctly classified transactions help us greatly when it comes to preparing your returns. We can then better spend our time identifying opportunities for your tax benefit and formulating valuable advice. This is why a lot of our clients find it worthwhile working with us on every aspect of their financials for their business.
As professional accountants with great IT systems (we work with the latest software providers such as MYOB and Xero), we can offer streamlined and efficient alternatives to traditional bookkeeping. Our services aim to save you time and money and gain you the best value from your consultations.
Ask us about our Accounting System Health Check service. Be set to save time, hassle and fees before the end of the financial year. We can review your current MYOB file now, with you or your bookkeeper. We can make recommendations for your accounts structure, your methods, and the accounting software or versions you may need to upgrade to.
If you are interested in discussing with us what we can do together to create a system that works for your business and makes your bookkeeping and tax accountancy a more efficient process then please contact our team today on 02 9369 1623 who will be more than happy to help create a tailored package for your business.