29+ Years advising Australians
6,000+ Clients across the country
$2.5B Funds under advice
6 Offices nationally
Why bookkeeping matters
Bad books cost you
more than you think.
Poor bookkeeping is one of the most quietly expensive problems in small business. When records are incomplete, inconsistent or months behind, the costs accumulate in ways that aren't always visible: incorrect BAS lodgements that attract ATO penalties; tax returns that miss deductions because the documentation isn't there; cash flow surprises because no one had a current picture of receivables and payables; and hours of owner time scrambling at year-end to reconstruct what happened. For business owners, the time spent managing their own books is rarely the highest-value use of their working hours — and the output is rarely of professional quality. Professional bookkeeping isn't an overhead; it's an investment in clarity.
AGS Accounting uses Xero as its primary bookkeeping platform — a cloud-based system that provides real-time visibility into your business finances from anywhere. Our bookkeeping service covers regular bank reconciliation to ensure all transactions are coded accurately and consistently, management of accounts payable and receivable so you know what you're owed and what's due, payroll processing including superannuation guarantee compliance and payment summaries, and preparation of your Business Activity Statements ready for lodgement. Monthly or quarterly management reports give you a clear view of income, expenses and cash position — in a format that actually makes sense to a business owner rather than just an accountant.
One of the most significant advantages of having your bookkeeping and accounting with the same firm is the seamless flow of information into your annual tax work and advisory conversations. When your books are maintained by AGS, year-end tax preparation is faster, more accurate and less disruptive to your business. Our accountants don't have to reverse-engineer a year of transactions from a shoebox of receipts — the records are current, consistent and already in the system they use for tax compliance. For business owners who are also receiving advisory or financial planning services from AGS, clean and current books mean every conversation is grounded in accurate numbers. That's a better starting point for every decision you make.
What we cover
Bookkeeping services we provide
Xero setup & management
Setting up Xero correctly for your business — chart of accounts, bank feeds, integrations — and managing the platform on an ongoing basis so it always reflects your current position.
Bank reconciliation
Regular reconciliation of all bank accounts, credit cards and payment platforms to ensure every transaction is accurately coded and your books reflect reality at all times.
Accounts payable & receivable
Managing supplier invoices and customer billing — tracking what you owe, what's owed to you, and keeping your working capital position visible and under control.
Payroll processing
Processing payroll accurately and on time, managing superannuation guarantee obligations, Single Touch Payroll reporting and payment summary preparation for your employees.
BAS preparation
Preparing your Business Activity Statement from your Xero records — GST reconciled, PAYG withholding included — ready for review and lodgement on time every quarter or month.
Monthly reporting
Clear, readable monthly reports — profit and loss, balance sheet, cash flow — giving you the financial visibility to make confident decisions throughout the year.
Who this is for
Our bookkeeping service may suit you if you are…
- A business owner spending significant time each week on your own books when you should be running your business
- Behind on reconciliations and dreading what tax time is going to look like this year
- A recently established business that needs Xero set up correctly and managed professionally from the start
- Wanting real-time visibility of your cash flow, income and expenses without doing it yourself
- Using a bookkeeper who isn't connected to your accountant, creating duplication and gaps
- Wanting payroll handled professionally — including super compliance and STP reporting — by the same team doing your tax
Let us take the books off your plate.
Book a conversation with AGS Accounting to discuss your bookkeeping needs and how Xero can give you the financial visibility your business deserves.