Bookkeeping

Are you using the right accounting package for your business?  Are you still spending hours processing everything manually keeping you away from family time?

It is an all too common phrase to hear a small business owner mention how “time poor” they are. In between generating sales, managing employees, and paying bills, the work life balance scales often tip and that much needed family time is sacrificed. Something needs to give, and this is usually the accounts. 

AGS Bookkeeping is a division within AGS Accounting. Our bookkeeping services can provide you with access to small business advisory professionals to mentor and guide you through your business journey, no matter what stage you are in.

Our Small Business team can work with you to set up a performance and dashboard reporting process tailored to your circumstances. This will help you understand if you are on track daily/weekly/monthly.

How bookkeeping and accounting work well together

Most business owners look at cash in the bank and sales to understand if they are making money. This is OK if you’re just starting up, but if you are growing quickly or you’ve got employees, you need to get your head around costs, commission payments and cashflow. To do this you need to be able to interpret financial reports - this is where an accountant can assist you.

The AGS Bookkeeping service can provide you with the following benefits:

  • Make sure you are set up properly and receive the training that you need
  • Give you back valuable time that can be spent on what you do best
  • Access to the latest technology which gives you real time access to the financial performance of your business
  • Expertise of professionals who work in your industry everyday of the week
  • Save money - as you won’t need to hire a part time bookkeeper or a full time "jack of all trades" office staff member

Our services include:

  • Bookkeeping set up, training and support
  • Accounts receivable and payable
  • Bank reconciliations
  • Peace of mind that all your BAS requirements will be taken care of
  • We will complete your:
    Business Activity Statements (BAS)
    Process your invoices
    Payroll
    Reconcile your bank account
    Tax Administration (Assessments & reminders)
  • Regular Management Reports to assist with managing your tax payments, budget and cashflow

What is Xero ?

Xero is an online accounting system designed for small to medium businesses and their advisors.

  • Incredibly easy to use
  • 24/7 access from anywhere using the internet
  • Automatic importing of bank statements
  • Free automatic updates, automatic data backup
  • Unlimited users

 

What you get Why is it important?
Regular PROACTIVE advice and support
  • You receive cloud accounting software set up, training and support.
  • You can view your financials live all the time
  • You are able to take any necessary corrective action sooner rather than later
  • Supply financial institutions with up to date information to support loan applications
  • You get a regular update on your financial position rather than waiting until the end of the financial year
Bookkeeping Fees paid monthly
  • Easier cash flow management
An accounting system that is SIMPLE to operate – Xero
  • No specialist knowledge required. We provide you with all training.

BAS is taken care of
  • BAS are prepared and lodged by professionals.

Enhanced Tax Planning
  • We know how your business is going and can recommend tax strategies and forecast your tax.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contact us today to get some time back in your life at bookkeeping@agsfinancialgroup.com.au

Need something more? Ask about our Virtual CFO service!