Many Gold Coast business owners struggle with getting their bookkeeping in order to fill out the Business Activity Statements. That’s why so many of them have decided to outsource their bookkeeping. Some of our clients simply ask our Gold Coast mobile bookkeeping service to come in once a month, or once a quarter to review their bookwork and make any necessary adjustments before lodging the BAS

Why Outsource Your Bookkeeping?
It could cost you a heap of money, and time, by choosing to “save a few dollars” and do the bookkeeping yourself. We recently saved a client a few thousand dollars because he’d incorrectly allocated some funds and was not aware that he was going to pay the ATO more than was required.

CONTACT US TODAY for help with your BAS. Whether you use MYOB, Quickbooks or maybe you don’t have an accounting system in place, our Gold Coast mobile bookkeeping service can help get your bookeeping in order for the Q1 BAS that’s due 28 October 2010

Check out this free accounting software system that may suit your needs

So where does that leave small business owners?

Many of our bookkeeping clients around Nerang, Broadbeach, Carrara and Merrimac do not have accounting software, they simply hand us the paperwork and we prepare the bookkeeping on their behalf. Companies like MYOB and Quickbooks offer a basic software packing starting at around $50 and there are other options of free accounting software on the internet.

• Have a look at this online free accounting system
• You can browse through the range of Quickbooks and MYOB software HERE
• Need MYOB or Quickbooks Training? Contact Us HERE
• Want to know if Quickbooks or MYOB is the best for your business?
  Contact Us HERE

As we all know, there ain’t such thing as a free lunch, so before you rush into a new accounting software program, have a chat with us and we’ll offer some economic solutions for your business.

Whilst the staff at Hardly Normal and similar electrical stores sell software, they know little about accounting or bookkeeping and will endeavour to sell you the most expensive package they can!

You can browse through the range of Quickbooks and MYOB software HERE or Contact Us HERE and we’ll help you determine which accounting software may be most suitable for you, to replace ATO E-Record.

The ATO website advised that:

“Lodgment and/or payment will be due on the next business day for all taxpayers regardless of where the taxpayer is located.

If the due date falls on a public holiday which is a public holiday for the whole of a state or territory, taxpayers in all states and territories may lodge and/or pay on the first business day regardless of whether they celebrate that public holiday.”

Since 28 February 2010 is a Sunday, and there’s a public holiday in Western Australia on 1st March, the first business day is Tuesday 2 March 2010

Have a look for yourself on the Australian Taxation Office website, that explains: “Due date for lodgment or payment falling on a weekend or a public holiday”

http://www.ato.gov.au/taxprofessionals/content.asp?doc=/content/12510.htm&page=2&H2

Our Gold Coast mobile bookkeeping team have been busy helping small business owners getting their bookwork in order to lodge the Business Activity Statements

Whether you are in Coomera, Helensvale, Southport, Nerang, Broadbeach we can help you with outsourcing your bookkeeping.

Our freelance mobile bookkeeppers can come to your premises where ever you are located along the Gold Coast strip. You may be a small business owner in Coolangatta, Tugin, Palm Beach or Currumibin. You may use Quickbooks or MYOB – you might just need us to look over your data files

Whatever aspect of bookkeeping you need , we can help you – contact us today

You can save much stress and heartache by outsourced bookkeeping

No matter what accounting software system you use (commonly Quickbooks or MYOB) the preparation of a BAS form can be challenging. MYOB or Quickbooks will only give the answers based on the information that’s entered into your software package.

ATO states that 80% BAS forms lodged incorrectly

If the data is incorrectly entered, or the allocations and codes are not correct, then the information that MYOB or Quickbooks spits out for your Business Activity Statement BAS will not be correct.

That actual process of filling in the form is not that difficult once you know how. Unfortunately most small business owners or their in-house bookkeepers do not complete a BAS form correctly. According to the Australian Taxation Office ATO 80% of Business Activity Statements are incorrectly completed.

ATO say only 8% BAS forms lodged by Contract Bookkeepers

That means the majority of BAS forms completed by business owners and in-house bookkeepers are wrong.

Yet many small busines owners on the Gold Coast insist on trying to save a few dollars by doing it themselves.

As professional bookkeepers that are lodging 100′s of BAS forms each year, we’ve had plenty of practice – compare that to most small businesses that do this kind of work for a few hours each quarter.

We offer a service where we can help small business owners with the BAS prpearation and lodgement. For a small investment you can save much stress and heartache

Many small businesses should take some time to get all your paperwork together and get it to your bookkeeper or outsourced bookkeeping service- to report on the 2nd quarter (1 September to 31 December 2009) to get your BAS lodged on time.

If you are struggling with your bookkeeping and need help, if you do not have a bookkeeper, or are looking to outsource to a mobile bookkeeping service, then contact us now

You may use MYOB or Quickbooks accounting software – or even some other system for your bookwork. We can assist you with any challenges, or even just relieve you of the burden of the book-keeping

Our bookkeeping Service has clients in and around Coolangatta to Ormeau,Coomera, Helensvale, Broadbeach, Nerang, and Southport, Gold Coast, Australia. Contact us here for details

Your Business Activity Statement BAS should be submitted by 11 January 2010 **

The Australian Taxation Office are looking at a new income tax processing system from 1 February 2010.

To get things moving, they’ll be shutting down their systems 22-27 January 2010.

** If you’re a small business owner that’s expecting a refund, you should be asking your bookkeeper to lodge your Business Activity Statement BAS as early as possible.

The ATO are suggesting that your Business Activity Statement BAS should be submitted by 11 January 2010 to minimise the chance of any delays.

For many small business owners and especially for their bookkeepers, October is always a busy time of year, as everyone cranks up for Christmas. There’s also Indy ( Super GP), Schoolies, and other frivolities to attract tourists to lure away hard-earned cash.

October BAS, Indy, Schoolies and Christmas Decorations

With a renewed confidence in retail spending, manufacturers, suppliers and retailers are preparing for what is traditionally a spending season on the Gold Coast.

There’s Christmas decorations already appearing in Djs. As bookkeepers, we’ve seen that cash flow has certainly tightened up in the economy. We’ve noticed that invoice payments are being dragged out longer and longer, as suppliers wait to be paid by customers, and service providers wait to be paid by their clients

Desperate business owners want our help with their MYOB and Quickbooks files

The phone’s been ringing as desperate business owners in a panic wanting help with their MYOB and Quickbooks files. In most cases, they can simply email us the files and we’ll have a look at their reporting and can generally work out where the problems are within a short time

One lady contacted us in a panic wanting someone to enter 1000 invoices into their Quickbooks data files and then prepare the BAS for this quarter. They run a roofiing insulation company, sponsored by us, the tax payer, until Kevin Rudd realises that the money-tree policy he has will soon stop bearing fruit.

Fortunately we happened to have a vacancy in our calendar as one of our regular clients has now sold the business.

As a small business owner we encourage you to focus on what you do best, and we’ll do the rest – contact our Gold Coast bookkeeping service today for help with your BAS

To the business client, the result is that certfied MYOB bookkeepers have to charge higher fees to make up for the fact that they, in turn have to pay MYOB high fees for the “priviledge” of being certified.

MYOB themselves should be certified!

They are currently running an assesment course for bookkeepers to become certified. Their timing is impeccable – Simply sit and pass the online Entrance Assessment before 25 October and those “lucky” book keepers will be able to take advantage of (some) great benefits.

MYOB may have the same calendar as the Federal Treasury, and maybe they also don’t really know what bookkeepers do at this time of year. October, February, April and July are busy months for bookeepers preparing BAS statements for their small business clients.

So what can be a better time for MYOB to run an assesment program for certified book keepers than the first three weeks of October!

Any book-keeper who is competant to become certified by MYOB will be working flat-out throughout October to ensure that all their clients’ bookwork is uptodate and ready for the Quarterly Business Activity Statement [BAS] reports that are due on 28 Otcober 2009.

We are at a loss to understand why MYOB would beleive that those same bookeepers would have nothing better to do than to sit for a competancy test just before the BAS deadline.

Many small business owners leave the bookkeeping to the last minute and then in a panic contact us to help with the Busines Activity Statements.

Easter has been and gone, and it seems many people were drowning their economic woes in chocolate

Rather than struggle with your BAS, contact us to help with the Business Activity Statements.