Our dynamic team at Bay Business Solutions Group can assist you will all your business accounting obligations. Today running a business is hard work especially with all the added compliance and where possible, we can help ease the stress and workload. With many changes in legislation it is difficult for any business to keep up. BBSG can help support your business. With consistently updating our systems and working towards our professional development, we offer much comfort to our clients knowing that we are here with the know how. Why spend hours at night going through supplier invoices or staff reimbursements when we can take the pressure off, allowing you to focus all your energies in what you do best - run your business!
BAS, IAS & TPAR
Monthly and/or quarterley BAS & IAS is a requirement that all businesses that are registered for GST must lodge with the Australian Taxation Office.
The annual TPAR Return is another obligation for many businesses & trades and can be an overwhelming task.
We take the headache away by reconciling your accounts, taking the necessary steps to complete and lodge the BAS, IAS & TPAR on your behalf.
Everyone hates paying bills, however having a system in place and paying your creditors when they fall due is not only a relief but a benefit for your credit rating and good business practise.
BBS will receive and enter all supplier invoices and pay accordingly when they fall due. This not only takes the pressure off the client, it also allows us to monitor cashflow and provide accurate reporting
For any business to be profitable, their Accounts Receivalble and debt collection must be a priority and up to date.
A lot of small businesses today are far too busy providing the work with little time to bill out.
BBSG can provide this service, send out your invoices and monthly statements on a regular basis reinforcing your terms are met.
We can keep a close eye on who is paying you on time and follow up who is not.
Payroll, STP, Superannuation & Payroll Tax
Payroll is a time consuming task especially for small business in service industries. Time poor and an obligation that is mandatory, BBS can relieve the pressure by completing all payroll tasks, time-sheets, staff reimbursements and superannuation obligations giving the client more time to focus on more important elements of their business.
With payroll experience from 1-150 employees, we can make your payroll process a breeze.
Let us process your staff payroll, annual leave and sick leave entitlements along with employer guarantee superannuation, STP Lodgement and payroll tax if applicable.
Bookkeeping the job that most business owners dread!
Whether time poor or just hate it, BBSG is here to relieve you of the headache.
From payroll to BAS to petty cash receipts to staff reimbursments, to supplier invoices and debt collecting, BBSG can provide all these plus more with as little as a few hours per week or month.
We offer onsite services with a minimum of 3 chargeable hours and offsite services with no minimum. Telephone and email assistance is built into your hourly charge rate - meaning we will not bill you for every call or email we respond to only the work performed on your books!
With over 30 years experience, it is like second nature to walk into any business and take control of the accounts.
Cashflow & Budget Reports & Management Accounting
Every business can benefit from a cashflow analysis and budget setting and following. BBSG can assit in the setting of these goals and targets and provide monthly, quarterly or annual tracking reports.
The heart of all small business and usually the most difficult part is cashflow.
Management Accounting areas :
Strategic Planning such as
Annual budgets (Updating forecasts)
Set business goals/Set personal goals
Customer profitability & Product profitability
Other areas of review
Below we have comprised a list of helpful sites for information that is usually sought after on a regular basis by business :