• 15/655 Mountain Hwy, Bayswater VIC 3153, Australia
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Bookkeeping Service

bookkeeping service in bayswater
MCM Business Solutions

Bookkeeping Service in Bayswater

The last thing you want to do is spend hours every week on bookkeeping when you could be spending that time with your family or to make more money for your business or better yet, working with us to improve and grow your business (see our business advisory and mentoring services). 

On top of that, for your business to make the best decisions, your accounts and financial records must be accurate and up to date. Imagine making financial, investment or purchase decisions with wrong information, for example, your records show revenue was double what it really was (yes, it happens), or expenses were missed. A good bookkeeper can give you peace of mind and help you to legally minimise your BAS and other tax payments.

Bookkeeping Jobs that our Bookkeepers can help you with:

 

Aged Receivables

  • Data entry Debtor invoices
  • Data entry Debtor payments
  • Reconcile Aged Receivables
  • Chasing overdue invoices

Aged Payables

  • Data entry Creditor invoices
  • Pay bills
  • Data entry Creditor payments
  • Reconcile Aged Payable

Payroll

  • Process payroll
  • Pay staff
  • Liaise with Super Funds and lodging super returns

Bank Account

  • Process bank fees and interest
  • Process DD
  • Liabilities
  • Payment/process
  • Payment/process Staff super
  • Payment/process loans

Reconciliations

  • Bank
  • Credit Cards
  • Staff super
  • PAYG
  • GST
  • Loan accounts (including inter-company loan accounts)

End of Year

  • Reconciling wages, PAYG & Super before preparing Payment Summaries
  • Providing accountant with data file and end of year reconciliations for Tax Return Preparation

Reporting

  • Customised for your needs

Rescue Jobs

You don’t intend to have a messy file or be behind in your BAS. You thought it was easy to do but turns out it wasn’t so easy. Time ran away from you because you are busy running your business. Next thing you know, it’s tax time again and you have no desire to get it organised. It become such a beast, that you feel overwhelmed.

Or another scenario, perhaps you hired someone that was cheap or trusted a friend to do it. Turns out they were inexperienced or not a registered BAS agent and they got it all wrong.

Over time the issue becomes such a giant that:

  • It has taken over your office
  • It keeps you awake at night
  • You have no idea where to start
  • You know the ATO is just around the corner and are fearful they’ll call
  • You have no idea how much tax or GST you owe or even if you’ll get a refund, which is better in your pocket

What’s the good news?

Our bookkeepers can get you sorted. We a highly skilled and experience to work through the mess and get you clear on everything about your business and obligations with the ATO and other organisations.

Every rescue job is as individual as you are, as such we can’t say exactly what we’ll need to do to clean it up, get you up to date or even how long it will take. But rest assured our bookkeepers will do whatever it takes to complete the rescue provided you work with us to achieve this goal.

The ATO can be scary when dealing with late lodgements and debt. We have extensive experience in negotiating with the ATO in both the GST and tax areas and will communicate constantly with them throughout the clean up process

During the process, we’ll ensure:

  • You’ve claimed all the GST credits you’re entitled to
  • All figures on previously lodged BAS’s for the current year are accurate so you don’t get any ATO fines
  • Payment arrangements are set up with the ATO, if required, to ease your cash flow
  • You know the ATO is just around the corner and are fearful they’ll call
  • You’re maximising all tax-deductible expense
  • Anything else the pops up during the process we’ll deal with

Numbers Tell a Story

Make sure it’s a good one with a happy ending.

Better Together

You could be more successful than you think with the right help.

Get In Touch

Make an Enquiry

Have an obligation-free chat with us to learn how we can help you and your business. Or we can even discuss an immediate problem that you might be facing. We would love to help.

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