Rescue Bookkeeping

When you’re busy running a business and before you know it, time has slipped away, or someone you thought you could trust has let you down with bookkeeping and got it all wrong – we can come to your rescue.

Rescue Bookkeeping involves doing a health check to determine what needs to be done and do it as quickly and efficiently as possible. Our team of highly skilled and certified bookkeepers will leave you feeling empowered and in control of your business’ financial matters once again.

Every client is different, so for some the problems arise when it’s ATO BAS lodgement time once again and you are behind a few months, whilst others are kept awake at night because they’re in the dark over their business finances or with a worry that the ATO will call.

What happens in Rescue Bookkeeping?

Some of the issues we address in Rescue Bookkeeping:

Business bank accounts that don’t reconcile with statements
Old unrepresented transactions in the bank account or credit card
Incorrect previous ATO BAS lodgements
Accounts Receivables and Accounts Payables that don’t balance with the balance sheet
Accounts Receivables and Accounts Payable aren’t accurate – i.e. invoices and expenses that have already been paid but are still showing as outstanding
Payroll system categories not being setup correctly and therefore giving you incorrect information in payment summary including leave loading (personal leave and annual leave accruals), incorrect PAYG payment tax tables, superannuation calculations, etc.
Unreliable inventory management (stock control) figures

Impact of Rescue Bookkeeping

The impact of all this can mean that:

You may be paying the wrong tax (GST refund, PAYG payment, company tax return)
You may be paying the wrong superannuation
You may be subject to interest and fines
You may be making strategic business decisions based on unreliable figures