I want a bookkeeper FAQs

Bookkeeping

A – Tradies often have income and expenses that occur over a period of time SO it can get messy ! Plus the Tax office have additional compliance to meet specific to the construction industry.

 

A – We’ll review your accounts, work out what’s missing and a plan to fix it and then we do it! ( Including glovebox management )

 

A – Then we report the profit as the project progresses 

 

A – We can setup and provide access to authorised users in your business 

 

A – At Navigata365 we provide you with education and our system which includes reconciling the accounts everyday if you like

A – Once we understand your sales process we can then process your sales invoices for you

A – Our system for managing sales invoices includes regular processing, payment reminders and end of month statements 

A – Our sales system includes regular reporting of all amounts owing using the accounts software 

 

A – This is all about cash flow through your business. Navigata365 offer a number of simple tools to reduce real pain to all business owners 

A – Some of our tools include planning payments to suppliers and options to receive customer payments quicker 

Compliance

A – As a business you usually need to report your GST in your BAS (Business Activity Statement) when revenues exceed $75,000 per year. If you have employees you will need to report the tax withheld (PAYG) as well in the BAS 

A BAS agent is registered with the Tax office and can calculate, complete and lodge the BAS on your behalf. BAS agents  can organise a payment arrangement if you are not able to pay your BAS on time. 

 

A – Payroll tax is payable to the state government when your gross wages exceed a set limit. As bookkeepers we can prepare and lodge your payroll tax returns as required. 

Payroll

A – We can set up your employees, pay superannuation and report on all payroll activities to the ATO. In addition we can pay your employees electronically. 

A – We also manage annual and sick leave for all employees 

A – We can set up timesheets for your employees to report their time for one or many projects during the period eg. Week

A –  Wages are typically made up of ordinary hours plus overtime when applicable. The rates of pay are usually detailed in an EBA, award or other employee agreement.  

CONNECT WITH NAVIGATA365

If you want to grow your business and stop worrying about your cashflow or numbers, then send us a quick message here. One of our specialists will get back to you quick smart

Phone:

+61 416 321 933

Email:

[email protected]

Location:

132 Cremorne St, Cremorne
Victoria Australia 3121