PerthBookkeepers.Com.Au

As a small business owner in the northern suburbs of Perth, there’s many reasons why you should get your bookkeeping upto date before the end of the financial year on 30 June 2010.

Often clients are devastated when they discover how much tax they have to pay because they didn’t plan for the FYE (financial year end). Leaving it until after 30 June is too late.

We are not tax agents or accounts, but our team of mobile Perth bookkeepers can certainly help you get your paperwork upto date so that you can at least have three quarters of the 2009/2010 financial year upto date and ready to visit your accountant before the end of June 2010

We’ve had many enquiries recently from small business owners in Perth’s northern suburbs asking about MYOB Bookkeepeing for the December quarter BAS that’s due 2 March 2010

Rather than struggling and getting stressed out over it, business owners around Stirling and Warwick have contacted our Perth Bookkeepers, looking for a mobile bookkeeping service.

We’ll come to your premises and review your MYOB data files - we can reconcile your bank account statements and run various checks and reports to ensure that all the data has been entered correctly and allocated in the correct accounts

The Australian Taxation Office advise that almost 80% of BAS forms are lodged incorrectly - as many small business owners are challenegd with the task of completing their Business Activity Statements

Business Activity Statements BAS are due on 2 March 2010 for businesses that report their GST obligations quarterly

With the Christmas holiday period over for many small businesses, it’s time to get all your paperwork together and get it to your bookkeeper or outsourced bookkeeping service- to report on the 2nd quarter (1 September to 31 December 2009) to get your BAS lodged on time.

Maybe the Australian Taxation Office (ATO) does have a heart, after all. Rather than asking for lodgements on 28 January, they automatically give everyone an extension to the BAS lodgements to 28 February. This is, of course, a Sunday. However, the next business day is not Monday, since it’s a public holiday in Western Australia. Thus the Q2 BAS is due on 2 March 2010

However, don’t be fooled by their grace, because there is NO WAY that they’ll consider granting an extension after that date. So you need to ensure that you have your Business Activity Statement lodged by 2 March 2010

If you are struggling with your bookkeeping and need help, if you do not have a bookkeeper, or are looking to outsource to a mobile bookkeeping service, then contact us now

You may use MYOB or Quickbooks accounting software - or even some other system for your bookwork. We can assist you with any challenges, or even just relieve you of the burden of the book-keeping

Our bookkeeping Service has clients in and around Stirling to Warwick, Gwelup to Balga, Inner Northern Suburbs, Perth, Australia. Contact us here for details

There’s a lady in Worcester , Massachusetts, USA who’s been charged with stealing around US $225,000 from a division of the Boy Scouts of America

She’s been accused of larceny. Allegedly, as the bookkeeper doing the bookkeeping for the Scouts, she wrote cheques from the scouts’ account to pay her own bills, and to support the family business

We’ve been approached by a bookkeeper servicing the northern suburbs of Perth - do we know of a book-keeper who would be interested in taking over an established client base of bookkeeping clients?

This is a unique opportunity for an established book keeper looking to expand your business. Personal circumstances have forced the current bookkeeper to move interstate, so that there’ll be clients suddenly in need of an experienced bookkeeper

If that sounds like you, then contact us TODAY

Happy New Financial Year – In Australia, the financial year starts on 1 July and ends 30 June

Have you made any New Year’s Resolutions?
We always encourage our clients from Stirling to Warwick, Gwelup to Balga, Inner Northern Suburbs, Perth, Western Australia, to get a better handle on their paperwork – it save us time, and thus save our clients money in bookkeeping fees.

A very simple bookeeping habit to get into is simply this: everytime you pay an account, be it an invoice, or even making a cash purchase, you can do a little bit towards your bookkeeping.

Write the date you paid the invoice, the amount you have paid, and the source of funds used for the payment.

Straightaway you are asking:”Why do I have to write the amount that I have paid on the invoice, when there’s already an amount printed on the invoice? Well, we do not know whether you are paying the whole amount as stated on the invoice, or whether you are making a part payment.

Why write the date of payment, when the invoice clearly states the invoice due date – Again, how does your bookkeeper know when you actually paid the invoice, without spending a few minutes chasing up the payment

Why write the payment method? You may have paid by cash, or by cheque, or by credit card, or Internet Bank Transfer

So which bank account, credit card account or other source of funds did you pay the invoice from?

A simple extra minute spent adding this information on your bookwork could dramatically reduce your bookkeeping fees each year

There’ many other New Year’s Resolutions that you could be making for a successful twelve months in your business

Our team of bookkeepers will travel to your premises and work on your computer helping you keep your bookkeeping up to date.

Whether you are based in Stirling to Warwick, Gwelup to Balga, Inner Northern Suburbs, Perth, Western Australia, we can service all your bookkeeping requirements

Our mobile bookkeepers can assist you with all aspects of your bookkeeping. You may be using MYOB or Quickbooks, or other accounting software.

Contact our team of Perth Inner Northern Suburbs bookkeepers to help you get your accounting in order

So you’ve bought Quickbooks or MYOB - What Next?
Our team of bookkeepers will show you how to install the accounting software package. Just let us know when would be a suitable time, and we can spend an hour or so getting everything functioning to suit your individual business

We can show your bookkeeping staff how to use the software. Many business owners raise invoices directly with MYOB or Quickbooks - We’ll show you how to customise the invoices and add your company logo, address details and any other information that you may need on your invoices

Software Installation Service
Our mobile bookkeeping team offer businesses in and around Inner Northern Suburbs of Perth a software installation service for businesses that have purchased an accounting package, such as MYOB, Quicken or others, and have no idea were to start.

Our installation service of computer accounting package includes

• Setting up all your Chart of Accounts to suit your business
• Entering Customers, Supplier & Employee information (or showing you how to)
• Enter Opening balances, including accountants, customer & supplier Opening Balances.
• Training you and / or your staff on inputting YOUR own business day to day data in plain English.

We recommend two hours for the first site visit. It may take longer if you require us to enter all your data in the first visit. We can then organise a second visit after 2-3 weeks, to check what you have done and give additional training if required.

Our Inner Northern Suburbs of Perth Bookkeepers save you time, worry and most importantly you will save MONEY!! For your business’ sake and your sanity Contact usNOW!

For a limited time are offering a FREE consultation.

To take advantage of this offer Contact Us TODAY!

Secretarial Service wants MYOB training

Had an email from a secretarial service in the northern suburbs of Perth. The lady wants some MYOB training, so that she can “do the bookwork” for one of her clients.

“What experience do you have as a bookkeeper?”, we ask. “None. I just thought I could help my client out”

Yes, lady, you sure can. Since the client is looking at outsourcing their bookkeeping needs, then doesn’t it make sense to turn to a professional bookkeeping team that can do the job properly. One wonders that if her client wanted a plumber, would she ring up a local plumber and ask for some training, because she “just wants to fix a leaking pipe” for one of her clients?

Well. Why should we care? She wants MYOB training. We can certainly provide that for her.

We care because our goal is to help clients by solving problems, not hinder clients by creating more problems.

“I’ll only be doing some data entry, nothing difficult!”, she told us. If it was that simple, everybody would be doing their own bookwork, and nobody would need to outsource their bookkeeping to professional mobile bookkeepers.

Her client is no doubt under the impression that the lady provides bookkeeping as part of her secretarial services – do they know the truth is that this lady is just wanting to “help out” her client and believe she can just start doing bookkeeping for her clients

How irresponsible is that?

We should be very happy and eager to train this lady, because we know she’ll stuff up her client’s bookwork, and then she’ll need us to come in and clean up the mess

Are you struggling to complete your BAS form?

No sooner have we finished lodging BAS for the December Quarter, to find the January - March 2009 Quarter will soon be due. Contact us for HELP

Quarterly BAS
Most businesses submit quarterly, and the 1 January – 31 March 2009 (Quarter 3) BAS is due 28 April 09 for lodgment and payment with the Australian Taxation Office (ATO).

A new client contacted us out of desperation. Struggling to prepare all the documentation for the Business Activity Statement, she could not get the figures to balance.

We suggested she email us the MYOB data file, so that we could get a clearer understanding of where she was at with her bookwork. Contact us for HELP with your BAS

“I had trouble with my MYOB files and contacted Carol and her team and they were just excellent.
They listened and then explained what they could do to help.
Everything was done speedily, efficiently and most of all cost effectively.
They emailed me how to send my files and worked on them that day!
Most of all “they listen” and don’t treat you like a dummy!
It got me out of a potentially tricky situation and literally saved the day!
Thanks Carol.
Liz Bird, Perth WA”

Monthly BAS
If your business submits the (BAS) Business Activity Statement monthly, then 21 March 09 was the due date for lodgement and payment of the February 2009 monthly activity statements

Superannuation Guarantee Contributions
Also on that date are due the Quarter 3 Superannuation guarantee contributions (1 January -31 March) contributions to be made to the fund by this date.

If you are struggling to complete your BAS form, contact our team of Perth Bookkeepers for HELP

The importance of Book keeping: Here’s 10 Tips to help you manage your cash flow

Bookeeping is an important part of any small business

Bookeeping is an important part of any small business – whilst it is historical, in recording past transactions of money coming into and going out of your business, book-keeping can also help with managing the cash flow of your business

Whilst world leaders have a money-tree policy to create cash, the average small business owner has limited opportunities when cash flow gets very tight, as in the present economy.

Contractors in the building industry can quickly run up large accounts with builders and developers, and forget that even large companies can fall over in a recession.

On Australia’s Gold Coast a large property developer has collapsed with millions of dollars debt, and often the sole tradesman or small business owner is at the bottom of the food chain, even though they are the ones that need the cash the most, not the Banks or Finance Companies

Our bookkeeping team of mobile freelance bookkeeprs have put together ten tips to help you manage your cash flow:

1. As bookkeepers, we’re amazed by businesses that issue invoices with no specific payment date or credit terms. There’s nothing wrong in specifying the date on which you expect payment – after all, don’t the utility companies do just that on the invoices they send you?

2. Why not issue the invoice the day that you provide the goods / services, rather than waiting until the end of the week, fortnight, or month? Some business owners choose to issue their invoices monthly, knowing their creditors only issue payments monthly

3. There’s been a recent trend, again with utility companies, to offer an incentive to pay early, such as giving a discount. Notice that in reality they are adding a penalty for late payment rather than a discount

4. Ask your customer for a deposit in advance, particularly if they are requesting a high ticket item that you have to purchase from your supplier before receiving payment from your customer
Read more… »