Small Business Bookkeeping

Professional bookkeeping & payroll services to small & medium businesses

Accounts & Advice is the bookkeeper Melbourne turns to for quality and low cost bookkeeping services. We aim to deliver accountant-standard bookkeeping services Australia wide. Whether your organisation is in Melbourne or somewhere else in Australia we can provide a bookkeeper for you.

Bookkeeping is an accounting function, which needs to be performed to strict standards in order to meet the various obligations required by law as well as business owners. Unfortunately, many bookkeepers Melbourne companies use have no accounting qualifications or are not properly trained. Inaccurate bookkeeping can lead to expensive accountant's bills at tax time. Public accountants offering a bookkeeping service usually charge accountant's rates for this service. This is unnecessarily expensive for most businesses. We offer the best of both worlds: qualified accountants at bookkeeper rates.

Accounts & Advice is a book keeper Melbourne businesses can trust. Accounts and Advice has experience across a wide range of industries in both small and large businesses including non-profit organisations.

We provide the following Melbourne book keeper services and payroll services:

Accounting and payment processing
Bookkeeping for any business
Outsource Bookkeeper, accounts payable, accounts receivable services
Payroll services
Tailored accounting solutions
Financial reporting and analysis
Cash flow forecasting
BAS, IAS, PAYG
MYOB and Quickbooks software

Why you need a bookkeeper with accounting knowledge

Your accountant relies on the correct recording of purchases, purchase credits, sales, sales credits, receipts and payments made by a bookkeeper in order to prepare accurate tax returns and avoid penalties if you are ever audited by the Tax office. A bookkeeper with some accounting background is able to know which journal and ledger to record each transaction.

A ledger shows the balance of each account i.e. a debit or credit. The different types of accounts (collectively known as the chart of accounts) are: asset, liability, equity, income and expense. A trial balance is a list of balances of all the accounts in the general ledger. All the debit balances must equal the credit balances in a properly maintained set of accounts.

Transactions also need to be classified for GST purposes. Tax codes are used in most accounting software packages to classify transactions for BAS purposes and to correctly determine your liabilities to the Tax Office.

Whilst many transactions have a simple classification as an income or expense with the standard 10% GST rate, others do not. In order to deliver an accurate bookkeeping service, it is preferable for a bookkeeper to have some accounting training to deal with these transactions. At Accounts & Advice, our staff is qualified accountants or qualified Melbourne bookkeepers and have both the training and experience to provide an accurate bookkeeper service.

What Professional Qualifications do our bookkeepers have?

Institute of Public Accountants
Tertiary Qualified Accountants

Who are our Partners?

Accounts & Advice have Professional Partner status with:

MYOB
Reckon (Quickbooks)

Who are our Clients?

Our clients range from large enterprises with assets in excess of $1bn to small businesses with a turnover of $100,000. Each client regardless of size is treated as a valued client and afforded the same professional service.

We also provide bookkeeping services to not-for-profit organisations.

Industries we have provided bookkeeping services for include:

Financial Services
Wholesale & Distribution
Retail
Manufacturing
Professional Services
Property & Development
Child Care
Printing
Import/Export
Other Services
Cafes/Restaurants

Accounts & Advice are the best bookkeeper Melbourne. We specialise in payroll services, BAS preparation and Melbourne bookkeeping services for small to medium companies. Looking for a Melbourne bookkeeper? Call us today 1300 629 454.