We are based in Sydney and help local small businesses by looking after their accounting system from basic bookkeeping to financial control, serving a wide range of industry types. Our services are ideal for small businesses who do not have the time or background to handle accounting functions.
If you need a good bookkeeper or bookkeeping technical support, please contact us for a free consultation. We will come to you in Sydney and discuss your unique business needs.
Receipt Bank is a platform used to manage the receipts, invoices, and other documents that businesses depend on to keep accurate, useful financial records. All our regular bookkeeping clients get FREE access to Receipt Bank.
Let's discuss your unique bookkeeping needs.
Why choose us?
Experieced, qulified bookkeepers and BAS Agents
No stress, more free time, know a clear picture of your financial position
We are based in Sydney - we come to you in sydney when you need us or work remotely
Offering a FREE initial Consultation
It's a legal requirement to keep your business transaction records for a minimum of five years (7 years for companies), so it's important you have good record keeping practices. The records you must keep include all documents relating to your income and expenditure.
A strong bookkeeping system can help you keep accurate records for a range of purposes. Use it to:
analyse business activities
lodge and pay tax
meet your reporting requirements.
It's tempting for small businesses to try to save money and do your own bookkeeping, but in the long run, it can be cost more. It is difficult to set up your own system and keep financial records without a bookkeeping background. Some accounting software companies say their software is extremely easy to use, however they are often misleading. To keep accurate financial records, you still need to know accounting/bookkeeping principles and ATO compliance issues. Small businesses are time poor. The fundamental accounting and bookkeeping tasks associated with managing your finances are an essential part of running your business, but allocating the time and staff to oversee them can be a challenge. The solution is outsourcing all or part of your accounting and bookkeeping functions to SmartEgg Bookkeeping.
Bookkeepers who are registered as BAS Agents are required by the Tax Practitioners Board to have skills, qualifications and learnings around all bookkeeping areas including GST and BAS requirements. They are also expected to have industry experience of at least two years, as well as agree to an established code of conduct. In order to stay current they must re-certify every three years.
Hiring a right bookkeeper will take away the stress of handling the books yourself. Overall, a good bookkeeper should help to make your business more profitable. Keeping up-to-date and accurate financial information is a key component to a successful business, as well as achieving a healthy bottom line.
Another sign of a really great bookkeeper is one who is up to date on what is happening in the bookkeeping, accounting and technology spaces. The bookkeeping and accounting industries have evolved considerably over the past few years due to changing technologies.Your bookkeeper should be explaining to you and encouraging you to use technology to save time and money by automating processes with cloud accounting packages such as MYOB, Xero and Quickbooks.
Call us today to discuss your small business unique bookkeeping needs.