Accounting & Bookkeeping Tips

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  Melbourne City; Discovering the Jewel of Australia Looking for a change of scenery? There are quite a number of great places to relocate to in the state of Victoria, Australia. Some are large cities such as Melbourne, while others are calmer suburbs such as St. Albans. These communities have a combination of factors that make them liveable, including accessibility, infrastructure, cost of living, and quality of life. The following is a detailed comparison of

Comparing the City of Melbourne to the Suburb of St. Albans, Australia Looking for a change of scenery? There are quite a number of great places to relocate to in the state of Victoria, Australia. Some are large cities such as Melbourne, while others are calmer suburbs such as St. Albans. These communities have a combination of factors that make them liveable, including accessibility, infrastructure, cost of living, and quality of life. The following is

City of Melbourne Vs Keysborough, Victoria: A comparison The city of Melbourne, not to be confused with the greater Melbourne metropolitan area is a city within the Victoria State in Australia. By size, the city is approximately 14 square miles (36 square kilometers) and the population according to the last census is 135,859 persons. Like other major cities, the city is highly multi-cultural with the Chinese being the largest non-English speaking community making up 22.8%

Accounting and Bookkeeping Services By Melbourne’s Top Bookkeeper As the need arises for accounting and bookkeeping services Melbourne based businesses need good and robust system that will provide an accurate set of records used for different purposes. For these tasks, consider a highly skillful bookkeeper like Bab with decades of experience. These tasks range from analysing business processes, business results, production of financial statements use to seek financing from different banking institutions, to meeting of

Self Managed Superannuation Fund – why an experienced accountant and bookkeeper? In the matter of Self Managed Superannuation Fund, Bab is experienced in the accounting and bookkeeping in this area. Individuals who have set up their own SMSF who are inexperience of running and managing the accounting and bookkeeping of same, BaB is here to assist and offer our bookkeeping services. We strive to assist owners of SMSF in the original input of source documents

Fixed Asset Register Maintenance   In the matter of fixed asset register maintenance, BaB will assist in the provision and maintenance of the businesses fixed asset register and continuously provide report or schedule of its monthly or quarterly depreciation expenses and its accumulated depreciation for the year. Depending on the nature and size of the business, the importance of having to maintain a register and record of an accurate fixed assets is to ensure compliance

Financial Statement Preparation by Melbourne’s Top Bookkeeper   In the matter of financial statement preparation, BaB accounting and bookkeeping services will assist in the preparation of and provide business owners with a monthly, quarterly and/or annual production of financial statements. They comprise of the following reports such as: (a) Balance Sheet Statement, (b) Income Statement (c) Retained Earnings (d) Statement of Cash Flows (e) other necessary accounting reports supporting these statements. BaB accounting & bookkeeping

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Payroll System Management and Maintenance Payroll system maintenance and management is one of Bab’s major expertise. BaB will assist businesses with their payroll system. Depending on the business set up whether payroll is done manually through spreadsheets or through an on-the-shelf or tailored software, BaB will strive to assist businesses of setting up a workable payroll be it manually or computerized payroll system. BaB will provide assistance in the following areas of your payroll system:

BaB a sole practitioner is duly registered Business Activity Statements ( BAS) Agent (BaB) a sole practitioner is duly registered BAS Agent with the Tax Practitioners Board (TPB), License Registration No. 25430776 and is authorized to provide (BAS) services to individuals and businesses. BaB will strive to provide assistance to businesses in the preparation, production, maintenance and lodgement of the businesses monthly activity statement and their quarterly business activity statements to Australian Taxation Office (ATO)

 

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