Using online accounts software combined with our system of documents management provides business owners 24/7 access to view all money transactions in their business.

You as the business owner or manager can see exactly where every dollar is being spent whether it’s payroll, general expenses or materials and supplies.

Online financial reports can be generated as needed so you can see your profit position when you need. Helping you to being in control of the money in your business!

Navigata365 can keep your accounts up to date so you focus on growing your business.

Our services include:

• Billings & expenses processing
• Bank reconciliation
• Contractors processing
• Credit card reconciliation
• Job and expenses allocation
• Sales invoicing
• Payments and banking
• Financial reports
• Compliance

Online accounts offer the option for bills/receipts and other documents to be kept online providing any additional details needed relating to that particular transaction. These documents can be available to other parties who may require additional details on transactions such as accountants and statutory bodies.

Having accurate financial data readily available provides the opportunity to effect changes immediately as and when needed. Having it all in one place makes life simpler too.

Businesses often experience the situation where they don’t know if their clients are paying them and if they are paying on time.

At Navigata365 we develop systems that suit your business to efficiently manage revenues such as sales invoicing and debtor collections. The system minimizes the time needed to manage the reporting and receipt of income into your business saving you time and money

Online accounts report bank and direct payment gateways 24/7 which again provides a real time income position of the business.

Business Activity Statement is a reporting mechanism that reports GST, payroll and other taxes to the Australian Taxation Office (ATO) reported within a set calendar.

It involves more than just the lodgement process; your accounts also need to be accurate and correctly classified.

Our BAS Service includes a review of all your transactions for the period so that the GST and PAYG is correctly reported monthly, quarterly or annually.

The team at Navigata365 are committed to providing accurate accounts and meeting deadlines as required.

To assist businesses Navigata365 utilise a documents checklist as part of our system to ensure that business owners know what is needed to complete the BAS.

This ensures that the financial data processed is accurate and is compliant.

Ontime lodgements is a key part of compliance

At Navigata365 various templates are utilised to communicate with clients to ensure accurate completed accounts meet the timelines required.

This minimises potential fines, penalties or potential audits or reviews by statutory bodies.

Clients are provided with full details of all compliance giving them peace of mind knowing that it is completed on time.

From time to time businesses experience challenges where compliances are not met and in those cases, we are experienced at communicating with the ATO to negotiate a mutually acceptable arrangement in most instances.

At Navigata365 we are BAS agents and represent clients in their dealings with the Commissioner of Taxation and we are registered with the Tax Practitioners Board.

We meet all requirements an combine this with substantial relevant working experience and are appropriately insured.

This means you can entrust Navigata365 to complete your compliance on your behalf. You don’t need to be a compliance expert when you have us in your corner. Let us be the experts.

When focused on managing business day to day, other obligations such as annual reporting for tax and other compliances for business owners are usually a distant thought.

Business owners without a system in place to manage their finances and documents can spend considerable time, and money to compile what is needed to meet the tax obligations and other annual reporting. This can be a very stressful process.

Your business’ financial data and documents are a priority to us at Navigata365, from the moment you engage us. We will communicate with your tax and business advisors about any special requirements that need to be included.

Using Navigata365 systems to manage the online account ensures that your financial data is up to date and compliant. Regular bookkeeping services from Navigata365 ensures that all financial data is up to date including supporting documentation and is all in 1 place!

Accessible 24/7 year round for business owners, managers and external advisors saving time and money

Businesses in the building and construction industry need to report the total payments they make to each contractor for building and construction services each year.

If you are a business that is primarily in the building and construction industry, you need to report these payments to us on the Taxable payments annual report.

Our taxable payments reporting service includes:

• System set up to track the information required
• Setting up any contractors who you are required to report payments to annually
• Prepare and lodge taxable payments report

We help businesses to utilise online accounts system to calculate, process and manage superannuation payments, so it can be reviewed and accessed by business owners when needed.

There are various types of super that may be payable to employees and require different calculations to establish the correct amounts payable.

The benefit of Navigata365 managing your super payments is we know how to treat each type of super and report it correctly to employees and statutory bodies.

At Navigata365 we work with businesses to develop the right system to obtain the correct employee information and set up the system to process and report payroll correctly including taxes payable.

Our simple checklist system for managing payroll ensures timely access for employees to  payroll information every pay period

There are many aspects to setting and managing payroll in your business. Navigata365 offers services from setting up your payroll to managing it on an ongoing basis.

There are many considerations when growing a business and team.

Are they employees or contractors? This is a very important question you need to answer for tax and superannuation purposes.

There are tests and guidelines for determining the difference.

Additional state and federal taxes may also be payable as the team grows

Navigata365 has the expertise to help you make the best decisions and setup the processes, systems and reporting requirements needed.

Our payroll services include:

1. Set up

• Payroll software settings
• Employee file set up
• Pay templates
• Timesheets

2. Manage payroll

• Processing payroll weekly fortnightly or monthly,
• Payslip distribution
• Creating electronic bank file

There are 3 Key Components to your Navigata365 Money Plan:

1.Where is your money going? Review and re-organise.

Categorise income and expenses and identifying which category of expenditure takes which portion of your money.

2. Add in goals.

See your future position including profit position and monies for emergency costs or future business investment,

3. Measure and monitor

A money plan enables you to communicate your financial destination to the others in the business.

Regularly monitoring your actual position against the plan can provide you with an early warning for potential problems such as cashflow shortfalls etc.

A money plan provides businesses with a picture of the destination within a period and then relevant actions such as marketing & sales needed to achieve it.