Yes! We are all aware relationships are crucial in business. Hence, it is required by you to create an individualistic relationship with the person taking care of your finances. We allocate a dedicated accountant to you so that you can create trust and work towards the advancement of your business together. What will happen in the situation that my accountant is not working for some time? We provide training to theother team members and keep them wellinformed about your financials so that your accounts are always taken care of, even when your accountant is unavailable.

We don’t like long-term contracts or contracts that lock you in. We will collaborate with you until it is no longer necessary. If any of us decides to cease working together, all we request that you give us 30 days’ notice to finish any pending work.

Our contracts for outsourced bookkeeping are adaptable.We make adjustments, as per the altering requirements of your business. Providing you adaptability and control as your business progresses.

Cash bookkeeping only monitors money entering or leaving a bank account. Accrual bookkeeping is a more refined approach that documents when money is earned or when there are debts.

For a small business, use of accrual is important. Lawtax360 does accrual bookkeeping right from the beginning, this eliminates the need for you to manage any wearisome transitions afterwards. We can still produce Cash Reports if needed, providing you greatadaptability.

Fixed fees give you more control over your cash flow. We want to assist you operate as efficiently as possible with your accounting, and knowing your exact expenditures can help us present a more realistic review of your company.

We believe in reasonable pricing. As your firm evolves, we can schedule a meeting to evaluate our agreement and re-establish our rates at a reasonable cost.

We begin by analysing your accounts on Xero(Please check if we have Xero) and talking with you to learn your business objectives. With our combined expertise from working with sole-traders and multi-national corporations in many industries, we can give you a rundown of what we could provide and how it would work on a functional basis.

Once we are done with determining the ways in which we can assist, we formulate an agreement. This outlines what work we will cover for your business, and what we require from you in the proceeding. Once all is agreed, we’ll begin work on getting your books in well-ordered condition.

We never ask for bank details for your security. Our payment process is rapid and secure. We send you “.aba” file(please check) to submit to your internet banking, ensuring that all of your team members (or suppliers) are paid at the same time. It takes not more than 2 minutes to approve it in your online banking platform. It’s rapid and effective and does alter, regardless how many people you are paying.

Generally, we update your accounts twice a week, giving you access to your accountsevery day. If you want us to do your bookkeeping on a more frequent basis, we can do that. We believe in direct communication for your business, so we will be glad to adjust to be appropriate for your needs. For larger businesses with complicated needs, we update accounts every day.

For those on the BAS & Books package, we analyse your bank reconciliations once each month.

Yes. Many of our clients have a national identity and are hence subject to Payroll Tax. We are there to assist you, regardless of the size of your business. We complete monthly payroll tax lodgements forms for the businesses that require them.

Want help with your bookkeeping? Fill in your details and a brief message describing what you are searching for, and we will contact you.