Let our experts review your business, identify areas for improvement, analyse success points and establish budgets and cash flow needs for continued growth and success.

Enlist our Virtual Assistant Service for the day to day administration of your business.

Our advisors provide individualised and remote resort accounting services in a tailored, affordable solution to help alleviate your financial uncertainty and stress, freeing up your time to grow your business or get back to life.

Let our experts manage all aspects of your payroll. Our experts will create your payroll system, employee profiles, process timesheets and data entry, expense reimbursements and pay runs. We’ll also manage any portable benefits and all your STP filing and monthly reports and statutory requirements. We’ve got your payroll needs covered.

Providing operational performance and position reporting periodically offers valuable insights into your business health. As part of our resort accounting services, statutory reporting and lodgements, internal control best practices and custom performance reports ensure your business complies with its obligations and has all the data necessary to enable stability and further development.

When it comes to balancing the books and keeping clients compliant with BAS, IAS monthly and quarterly lodgements that is what we do best. We offer either a regular service, lodging all your returns as they become due, or a one-off “as required” service – depending on your needs.

Using our services gives you an extended time to lodge and pay your BAS – how nice to know the money can stay in your bank for an extra month before handing it over to the ATO. Money in your account earning interest is better than money in the ATO account earning them interest!

As we are a BAS Agent, the ability for you to make use of the so-called “Safe Harbour” provisions. Broadly, this means that ATO penalties will no longer apply to you.

Resort Accounts & Consulting will lodge your BAS electronically, including review of your file for GST amendments.

• Quarterly BAS lodged electronically
• Quarterly review & update of accounts for minor GST amendments, in preparation for the BAS
• If you have payroll, we include wages payable, check of gross wage & PAYG withholding figures to payroll and incorrect amounts in the BAS.
• As BAS agents working on your behalf, we get a 4 week extension. Therefore the June quarter BAs, for example, would be due and payable 25th of August (excludeds quarter two).

It is the perfect solution for small businesses, offering a simple and efficient way to manage your finances without relying on manual processes. Moving from desktop software or “pen and paper” to cloud-based systems makes running a business significantly more streamlined. From daily bank feeds to automatic debtor reminders, it takes care of time-consuming back-of-house tasks.

Our team works extensively with Xero, providing efficient, accurate and real-time financial management for management rights and accommodation businesses.

Single Touch Payroll is now mandatory for businesses with employees. As registered BAS Agents, we are qualified to manage your payroll, STP reporting and superannuation compliance. These services are charged at a standard hourly rate of $97.50 plus GST.

Xero accounting setup services for management rights businesses include:

• Setup of Xero data file
• Setup of two bank feeds
• Additional bank feeds – $25.00 + GST per account
• Import and reconciliation of historical bank transactions – $97.50 + GST
• Reconciliation of bank, credit card and loan accounts
• Customised chart of accounts for management rights businesses
• Setup of invoice template with logo and bank details
• User setup and access permissions
• Financial, tax and GST settings configuration
• Organisation settings and dashboard watchlist setup
• Customised Profit & Loss reporting for management rights
• ATO BAS agent client list setup and access

Account reconciliation is the process of comparing internal financial records against monthly statements from external sources—such as a bank, credit card company, or other financial institution—to make sure they match up. Knowing how to reconcile your accounts accurately is essential for the financial health of your business, as it helps to detect any errors, discrepancies, or fraud.

When you use accounting software to reconcile accounts, the software does most of the work for you, saving you a good deal of time. However, the process still needs human involvement to capture certain transactions that may have never entered the accounting system, such as cash stolen from a “petty cash” box. These five steps will help you make sure all of your money is accounted for:

Our management reporting services can help you take informed business decisions. We can prepare statements and reports to give you a detailed analysis of the performance of your organization. We can assess the financial reports of your business and give you a report of the overall profitability.