Bookkeeping + Payroll Services

The essential parts of running a business!

Bookkeeping+ Payroll Services

Bookkeeping and payroll are the responsibilities that come with being the boss!

What is Bookkeeping?

Bookkeeping is an essential part of running a business.

Bookkeeping, or sometimes known as record keeping, is a critical part of running a business.  You need to have good systems in place to accurately record your transactions – income and expenses so that you have correct dependable information in readiness for your obligations.  These can include Business Activity Statements (BAS), tax returns, financial statements or internal reports.

It is important to be confident that the reports you are producing through your bookkeeping systems are reliable and present a true picture of your current financial position.

Having your system set up correctly to record GST is also vital for good reporting and to make sure your tax obligations are always spot on.  GST can be an absolute minefield, but we are here to help.

What is Payroll?

Payroll is a function within a business that maintains financial records of employees such as salaries and wages, bonuses, tax withheld, deductions etc. and also calculates and distributes weekly, fortnightly or monthly wages to employees.

Our accounting team can help set up your payroll, register you for Single Touch Payroll with the ATO and organise your superannuation obligations, ensuring that you are meeting all your employer compliance.  We can also assist with WorkCover registration and reporting.

As an employer, you are responsible for taking out deductions such as tax as well as managing leave entitlements and we take the time to go through this with you and show you how.

If you decide that it’s time to put on extra staff or have questions about if someone should be deemed an employee or a contractor, our team of experts in both our accounting and legal teams are here to help.

Learn More About Our Bookkeeping + Payroll Services

When was the last time you reviewed your cash flow management processes?  Have you ever considered outsourcing your bookkeeping services to a team like Canny Accounting to find out how a bookkeeper can improve your business?

It’s important to understand Accountants vs Bookkeepers and the different roles that each important team play in helping your business achieve success.  If you are looking for payroll services or payroll and bookkeeping serivces, we can help to ensure you are set up correctly, from the start!

Free downloadable guide

If you would like to know more about our bookkeeping and payroll services, as well as bookkeeping software download our free guide to arm you with all of the information you need to make informed decisions.

Enter your details to access our free guide and please make sure “pop-up’s” aren’t blocked so you can view the document once it has finished downloading!