Bookkeeping, Payroll & GST
Automate your data
Whether your business is starting out, expanding, or consolidating, having the right solutions in place to support your changing environment is essential. As we use the best in cloud accounting software, our solutions are fully automated, integrated, streamlined, and efficient, keeping costs to a minimum.
Bookkeeping Services - Better Return to Investment
Payroll Support - Enhance Employee Productivity
Business Compliance - Staying Updated and Ahead
KBAS Bookkeeping-Saving you time
KBAS Bookkeeping reduce the workload required to keep your business compliant, without compromising quality. Your best outcomes will be achieved with simple yet effective processes and confidence that your numbers are always correct for you.
More importantly, with constant changes to legislation from the Australian Taxation Office and Fair Work, we will keep you informed, ensuring you have the most recent information at your fingertips.
KBAS Bookkeeping partners with you to take your business to the next level.
To find out how we can support you for success.
The boring but important stuff! The Australian Taxation Office requires business owners to have evidence of expenditure to be able to claim a tax deduction for a business expense. There are requirements for what is contained on your sales invoice too. These records must be kept for a minimum of five years. Data entry into software can become time consuming and tedious if you do not have access to software systems that integrate and handle these processes.
The benefits of setting up processes that enable this transaction data to be recorded in a meaningful and timely way for your business is paramount. If this process is best practice, the information we gain is how we determine what is happening in your business, what improvements we can make and what area needs the most attention to achieve your business goals.The more effort that we put in here at the first step, the more information we can gain about what is happening in the business.
We can help with a simple salary and payroll solutions or more complex timesheet and attendance requirements for big and small businesses. We have the knowledge to support you with onboarding off employees, timesheets, rosters, Award interpretations, integration to Xero and front of house/ management software solution such as Lightspeed.
Some integrations will allow you to see the cost of labour compared to the takings at any time throughout the day. Without this knowledge, many businesses can mistakenly underpay employees. Let us help find the right payroll solution for your business so that we can be assured that employees are being paid correctly under their award and agreement.
As business owners we are the collection agency for the Australian Taxation Office of GST and submitting it as part of the BAS Business Activity Statement process. There are so many rules about GST it is confusing, a classic example is that water is GST free until the waiter pours it in a glass for you!
There are rules around who can prepare your bookkeeping data and BAS statement too. As registered BAS Agents we can review and lodge your BAS and other compliance matters on your behalf.
The ATO will contact us in the first instance if they have any questions about your lodgements.
We are also given an extra 30 days to lodge and pay your BAS when it is lodged by us at KBAS Bookkeeping.
Need Bookkeeping Training?
If you enjoy bookkeeping just as much as we do and would like training to support your bookkeeping and software BAS services, KBAS Bookkeeping can help you too.
With our support packages, you can book either 60 minutes or 2 hours. To find out how to be supported, book with us.