Book Keeping Services
Bookkeeping is an essential element of business today, but finding the time and getting the knowledge required to ensure it is done correctly is a real struggle for many small to medium business owners. Bookkeeping has also become a complex and costly exercise since the introduction of GST.
That’s why Balanced Business Accounting has introduced a simpler way for small to medium business to complete bookkeeping. It’s called BankLink and is a system used by over 2400 accounting practices in Australia and New Zealand.
How does BankLink work?
- BankLink collects statement data from the banks
- BankLink sends these electronic statements to us, your accountant
- We review the transactions
- We then send a “Coding Report” to you, our client to complete
- You will then “fill in the blanks” on the coding report and send it back to us.
- We will then use the data to complete the tax and accounting
Benefits of using BankLink:
- 90% of data entry is already done for you
- Recurring transactions are automatically coded
- You use the same system as your accountant
- No need for any accounting knowledge
- No need to spend hours at a computer keying in data
- No need to pay for expensive software or updates
BankLink allows you to spend time doing what you do best – running your business and creating profits. It also allows us, the accountant to do what we do best – preparing accurate and timely financial reports and tax returns.
At Balanced Business Accounting we provide professional, precise and punctual bookkeeping services. We offer services such as completing your quarterly Profit and Loss, or sorting your Tax Planning issues, all designed to help you look forward to the future, at a very competitive price.
We can support and use most accounting packages. We are a MYOB professional partner, and are also able to support Quicken QuickBooks, Bank Link and Micronet.
Contact us to request further information on our bookkeeping services, or to request a copy of the BankLink brochure. Let us free up some of your precious time – and money.
New Level of Client Service
We are pleased to announce that Balanced Business Accounting has implemented a new division, Balanced Wealth licensed through Professional Investment Services.
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Key lodgment dates for businesses
Different lodgment dates may apply if you use a tax agent. Where a due date falls on a day that is not a business day, lodgment or payment may be made on the first business day after the due date.
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14 Jul 09
Payers must issue PAYG withholding payment summaries to payees (that is, employees and other workers).
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21 Jul 09
June 2009 monthly activity statements - final date for lodgment and payment.
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21 Jul 09
Quarter 4 (April - June 2009) activity statements containing a monthly GST obligation - final date for lodgment and payment.
To ensure you receive the correct amount of credit in your income tax assessment, finalise all your PAYG instalments before you lodge your tax return.
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