Accounting & Bookkeeping

Accounting and Bookkeeping

One Stop Solution For Your Accounting And Bookkeeping Needs

Our reliable, experienced accountants and bookkeepers can provide you with timely accounting and bookkeeping solutions so that you are able to focus on your business and have confidence when making decisions about your business’ future. Our satisfied clients consist of individuals, sole traders, partnerships, trusts, superannuation funds, not-for profit organisations and small to medium businesses.  We never let you lose focus of your business. Our ongoing accounting and bookkeeping services includes but is not limited to the following:

Day-to-day Bookkeeping

You can rest assured your bookkeeping needs will be met as our bookkeeping specialists will work closely with your business to provide timely and reliable solutions. We are able to offer a full-range of bookkeeping solutions including:

 

  • Onsite, Offsite and Cloud Bookkeeping
  • Day-to-Day Data Entry
  • General Ledger Maintenance
  • Inventory Control and Fixed Asset Register Management
  • Month and Year End Accounts
  • Accounts Payable – Administration, Collection and Reconciliation
  • Accounts Receivable – Administration, Payment and Reconciliation
  • All Other Account Reconciliations – Bank, Card, Petty Cash, etc.

You are able to choose your platform as we offer bookkeeping services using up-to-date software including MYOB, Xero, Quickbooks, Sage, etc.

BAS/GST Preparation

By law, depending on the size of your business, quarterly or monthly Business Activity Statements (BAS) must be submitted to the ATO. We are enthusiastic to work closely with you to understand your financials to ensure your reoccurring business submissions are prepared timely and accurately.  Our team is able to tailor a package for your business that can include:

 

  • Monthly, Quarterly and Yearly BAS Preparation and Lodgement
  • IAS Submission
  • PAYG Reporting and Instalment Variation
  • GST Registration or Cancellation
  • Negotiation with ATO penalties

Payroll Services

Payroll requirements vary from business to business and can be quite a burden. At CBD Accountants, we are experienced at meeting your specific payroll needs whether you need day-to-day payroll data entry or lodgement of payment summaries, to ensure you receive timely payroll processing. We are skilled at completing all aspects of payroll including:

 

  • Day-to-day wages recording using desired software
  • Weekly / Fortnightly Pay Slips and Payroll Summaries
  • PAYG Payment Summaries/Group Certificates
  • ATO PAYG Payment Summary/Group Certificate Reconciliation
  • Calculation and payment of monthly and quarterly superannuation
  • Calculation and payment of PAYG tax withholding to super fund and ATO
  • Lodging Taxable Payments annual report for subcontractors with the ATO
  • Lodging annual PAYG Payment Summary report to the ATO
  • Annual Leave, Sick Leave, Overtime & RDO Calculation and Reports
  • Creation and maintenance of employee details including: leave taken, overtime, super and LSL accumulated
  • Liaising with your staff on payroll related matters
  • Calculating and processing termination payments

Financial Reports

We can prepare timely and accurate reports tailored to you, whether they are required as part of normal running of the business, or for special purposes such as when selling the business or looking for additional funding:

 

  • Financial Reports
  • Statement of Financial Position / Balance Sheet
  • Statement of Financial Performance / Profit & Loss Statement
  • Statement of Cash Flows
  • Statement of Retained Earnings
  • Suppliers & Customers Report
  • Any other reports required

Budgeting and Forecasting

We can prepare for the future by looking at the past and learning what your goals are going forward. Our team is skilled in creating these budgets and forecasts so that you have confidence in your future decision making.