Bookkeeping Services are systematic, day-to-day recording, organizing, and tracking of a business’s financial transactions. They can include many services including the following:
Outsourced Payroll & Accounts Support
If your small to medium business is at the point where you’re considering hiring staff to manage payroll and accounts payable, we can step in and handle it for you — without the commitment and overhead of employing additional staff.
Avoid the stress of permanent contracts, leave entitlements, office space, insurance, and ongoing employment obligations. We provide reliable, professional support tailored to your needs.
Payroll Services
We manage payroll for businesses with up to 50 employees using Xero Accounting Software, including:
- Single Touch Payroll (STP) lodgements with the Australian Taxation Office
- Preparation and processing of pay runs
- Electronic distribution of payslips
- Payday superannuation lodgements
- Bank upload for Owners Approval
As qualified accountants, we ensure your payroll clearing account reconciles correctly at year-end and that there are no discrepancies between your records and the Australian Taxation Office data.
You can be confident your payroll is compliant, accurate, and fully reconciled.
Accounts Payable
Are you currently paying bills as they arrive and spending valuable after-hours time on administration?
We can implement and manage a streamlined, paperless accounts payable system, including:
- Accurate coding of expenses and GST treatment
- Remotely accessing your accounts inbox, and importing all bills into Xero (attachments included)
- Supplier statement reconciliations at period end
- Uploading bill payments to your bank (for your final approval) based on your instruction at a frequency of your choosing
By maintaining all bills within your accounting software, you will have real-time visibility of your outstanding liabilities, enabling better cash flow planning and more informed financial decisions.
Bank Reconciliation
We offer bank reconciliation services at a frequency that suits your business.
With our broad accounting experience across multiple industries, we minimise unnecessary queries and information requests — saving you time and frustration.
Accurate reconciliation is critical to your business for several reasons, including:
- Ensuring customer payments are correctly matched to remittance advices, preventing confusion and reducing the risk of unpaid invoices
- Ensuring payroll and superannuation payments are properly allocated and reconciled
- Maintaining clean, reliable financial data for reporting and decision-making
If you do decide to get Astrum Consultants to help you, we will guide you to grow your business and make some of the tasks much more manageable.
Contact us via our Contact Page if you have any questions.
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