Our bookkeeping services will help you stay on top of your financial obligations regarding payroll tax, GST and company tax.
Our Bookkeeping Services Include:
When it comes to bookkeeping and payroll, we help take the burden off your plate so you can get back to doing what you do best: making your business shine. Whether it’s setting up new processes or helping with the day-to-day record-keeping, we make bookkeeping a breeze.
GST and BAS
GST (goods and services tax) is a tax that you must add to the prices you charge your customers. You must report the amount of GST that you have collected and pay it to the government every quarter. The GST is reported in your Business Activity Statement (BAS).
Our Brisbane accountants are all registered BAS agents and with in-depth knowledge and experience in ensuring businesses meet their required tax obligations.
Employee-related taxes such as payroll tax
As business owners, you must also report information about employee payments, such as wages and salary, in your BAS. If your business operates across state lines you'll also have to ensure you meet the necessary requirements for each state.
At Trekk Advisory, our bookkeepers will help guide you through any and all payroll tax requirements. We offer effective solutions for small businesses as well as larger commercial ventures that will help tackle payroll headaches as well as save you time and money.
This is a tax that you must pay on the income that your company earns. It is calculated when you submit your tax return at the end of each financial year.
Our Brisbane based bookkeepers are up to date with all the latest tax law. We can help you to maximise your claims and minimise your tax.
For example, the federal government has very specific rules on how much depreciation you can deduct each year on equipment, vehicles and buildings.
There may also be other deductions and incentives available to you that our bookkeepers will be able to help you with.
More and more companies are working in the cloud, and accounting and bookkeeping are no different.
We use the Xero cloud-based accounting system to make it easier for you to stay on top of your books.
As a Xero partner, we are experts in this software and can help you to maximise the benefits it offers you.
Xero is suitable for small to medium businesses, and because it’s cloud-based, there’s no need for you to install and maintain expensive accounting software. You can see how your business is going at any time just by logging in to your dashboard from any internet-connected device.
Why Use Xero For Bookkeeping?
When you use our bookkeeping services, you will benefit from the ease of using this cloud-based service.
Save time: There is no need to install expensive software and updates are done automatically. For example, if tax tables change, they’re automatically updated in the cloud.
Save money: There is no need to spend money on expensive accounting software that needs to be updated every year.
Security: Xero takes care of security for you, using the latest data encryption and user authentication technologies to ensure your account is safe.
At its simplest, bookkeeping involves the regular recording and organisation of a company’s financial transactions. Accurate bookkeeping data allows business operators to have a complete understanding of the health of their business and empowers them to make critical operating and financial decisions.
The main functions of bookkeeping include:
Bookkeeping is primarily concerned with the day-to-day systems tasks of recording business transactions while accounting focuses on providing business owners with the right analysis and insights from the data generated. At Trekk Advisory, we marry these two elements together to provide you with comprehensive and holistic advice to help your business flourish.
Accurate bookkeeping is vital for any small business in Queensland. It not only ensures you meet any tax or financial obligations, but it also allows you to concentrate on other areas of your business like making strategic decisions knowing you’re armed with the right financial figures to support your decisions.