Balanced

We understand that there are some business owners who would like to prepare payroll themselves, but wish to free up time by outsourcing the bookkeeping, BAS and Accounts Receivable/Accounts Payable management. If this sounds like you, Channel Bookkeeping has a solution for you!

We are a registered BAS agent service and our services are delivered to a national standard of excellence, and we adhere to best practice every step of the way. Channel Bookkeeping will offer a streamlined solution to match your business needs and deliver peace of mind. While you relax, we will provide:

  • Assistance with new data file set up in the accounting software of your choice (eg Reckon Hosted, Reckon One, Myob, Xero).

  • A welcome pack and client portal access for secure document sharing

  • Processing source documents

  • Check and reconcile payroll prepared by you (if applicable)

  • GST reconciliations

  • Bank & credit card reconciliations

  • Loan and inter-entity reconciliations

  • BAS Preparation

  • BAS lodgement (FREE – valued at $100! Plus you receive a four week extension for lodgement)

 

  • Accounts Receivable processing and management tailored for your business. You have control, but acting on your instructions we can enter and issue invoices, provide you with reports showing how much money is owed to you, can send out statements and payment reminders to your customers, and offer debt collection assistance to improve your cashflow. We will always report back to you and you are in control and can choose how you would like us to manage this area of your business.

 

  • Accounts Payable processing and management. You have control, and acting on your instructions we can enter supplier bills, reconcile accounts, provide you with reports on how much you owe and when payments are due. We can also process supplier payments for you and notify the supplier that a payment has been made.

 

  • End of year reconciliations

 

  • End of year reports for your accountant

 

  • Monthly/Quarterly management reports – Profit and loss, detailed Profit and Loss, Balance Sheet, and Accounts Receivable and Accounts Payable if applicable.

 

  • FREE monthly newsletter

 

  • FREE 1 hour monthly or quarterly meeting to review accounts- meetings held in person, over the phone, or electronically by video conferencing.

 

  • FREE email and telephone support. Communication is important to ensure that nothing important falls through the cracks. We can bring issues to your attention, and you can ask questions about anything you don’t understand or make changes to your service.

 

You are required to:

 

  • Provide Source Documents (they can be provided electronically through the portal, Dropbox or physically posted to us or can be collected from your business premises by arrangement.

 

  • Process payroll

 

Small businesses need accurate financial records and freedom from the burdon of non-productive paper work. Most of the paperwork can only be prepared by a Registered BAS agent, and we are one of the most highly qualified in the business.

Contact us for a free initial consultation! 

Please reload

All Packages