Clients and their businesses are valued at Resort Accounts & Consulting
A carefully selected and dedicated Certified Bookkeeper or experienced Virtual Assistant will be assigned to your business. All bookkeeping services can be customised based on business needs and budget.
A careful selection process ensures the right assistant for a perfect fit.
Resort Accounts & Consulting provides expert knowledge of your business needs.
Transactions & Data Entry
Resort Accounts & Consulting provide customised services to help with your day to day transactions and data entry.
Streamline the entry process, set up ongoing transactions and receipt and expenses management. Ensure accurate account coding and set up reporting categories to assist with performance and statutory reporting.
Payroll Solutions
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.
Periodical Reporting
Providing operational performance and position reporting periodically offers valuable insights to your business health. Statutory Reporting and Lodgements, internal control best practices and custom performance reports will ensure your business complies with its obligations and has all the data necessary to enable stability and further development.
Bas Lodgement / Bas Activity Statement
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.
Includes:
- 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).
Xero
It is the perfect solution for any small business. It is simple to use, ticks all the boxes to run a business without wasting time on manual processes. Moving from a desktop program or “pen and paper” to using this software makes running a small business so much more efficient. From daily bank feeds to automatic debtor reminders it takes care of the back of house labour consuming elements. It doesn’t get much more business friendly than that!
Single Touch Payroll is now mandatory for businesses with over 20 employees and will be mandatory for all other businesses with payroll from the 1st of July 2019. As BAS Agents, we are qualified to handle all of your payroll, STP, Superannuation compliance, which would be charged at standard hourly rate of $97.50 plus GST
Xero accounting setup services to your Management Rights:
- Setup data file
- Setup two bank feeds
- Additional bank feeds set-up add $25.00 plus GST per bank account
- Initial import of missing bank transactions and reconciliation of bank account balances add $97.50 plus GST Reconcile bank, credit card or loan accounts to actual bank balances (where applicable)
- Customized chart of accounts for Management Rights, in line with Holmans chart of accounts and you specifically
- Setup one invoice template including adding your business logo and customised bank deposit details
- Add and invite users
- Set financial settings
- Set tax settings
- Set GST settings
- Set organizations settings
- Setup watch list on dashboard
- Customise Profit and Loss Report to show profit on business activities (for Management Rights)
- Adding you as a client to Resort Accounts BAS Agent client list, including giving us access to view your ATO BAS account
Reconciliations
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:
Management Reporting
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.
