If you are like most business owners, the one thing you have in shortest supply is time. This means that certain activities in your company (let’s say, the ones you don’t enjoy very much) often get neglected or pushed to the bottom of the pile of priorities.

Bookkeeping is one of the activities that is often dreaded and neglected by business owners, because it is time-consuming, detailed work that must be done correctly. The problem is, the following issues can arise when accounts are not properly maintained:

  • You may be unable to secure a business loan to fund expansion
  • You may be audited by the ATO
  • You may lose revenue because you cannot recoup money owed by debtors
  • Your credit rating may suffer if creditors’ accounts are not paid on time
  • At Trade Accounting, we understand why business owners may not enjoy balancing the books, but leaving paperwork until the end of the financial year spells disaster for sole traders and small to medium businesses. If you discover an accounting problem eleven months after it has occurred, the ongoing fiscal damage could be considerable.

    Of course, many small to medium businesses cannot afford to employ a dedicated bookkeeper, but that is where Trade Accounting can help. We offer affordable bookkeeping services that will keep your accounts in order and free up your valuable time.

    Business activities we perform include:

  • Preparing wages and superannuation – take the stress out of your weekly wage preparation with MYOB software
  • Payroll and Pay As You Go (PAYG) withholding taxes
  • Accounts payable and receivable
  • Preparing cash books – MYOB
  • Preparing quarterly Business Activity Statements (BAS) for Goods and Services Tax (GST) reporting
  • Preparing annual tax returns
  • Reconciling bank accounts – you don’t have all day to figure out why your bank account isn’t balancing. If there are anomalies, we will find and fix them
  • Preparing the accounts – profit and loss, balance sheets, cash flow projections using MYOB
  • Advice and reporting of fuel tax, luxury car tax and wine equalisation
  • Maintaining financial records
  • Trade Accounting has a loyal client base, founded on over twenty years of professional, personalised service. We keep the lines of communication open so you will always know what is going on with your accounts.

    We use MYOB to maintain accounting records, and our service includes easy-to-understand training to help our clients navigate MYOB software. We are also able to help with Xero and Quicken accounts. You will be able to invoice customers; make cash flow projections; print balance sheets and more with the push of a button. We can also help with funds allocation to make sure your budget continues to meet the needs of your business, business inventories and asset depreciation.

    Please contact Stephen to discover how our bookkeeping services can make your business life easier. We have a list of plain English FAQ, and advice and tips for accounting, bookkeeping services, MYOB, payroll tax, GST and annual tax returns, and business strategies available on our blog.

    OR Email Me Below


    Suite 3.11 Building 3, Capri on Via
    Roma, 15-21 Via Roma, ISLE OF
    CAPRI, QLD 4217