Welcome to Starbyder Bookkeeping Services

Your Local Bookkeeper Narangba

Our Services

Our Range Of Services
Regular processing ranging from 2 days per week to a few hours per month
  1. Aged Receivables
    Data Entry Debtor invoices Data entry payments Reconcile Aged Receivables Chasing overdue invoices
  2. Aged Payables
    Data entry Creditor invoices Pay bills Data entry Creditor payments Reconcile Aged Payables
  3. Payroll
    Process payroll Pay staff Liaise with Super Funds and lodging super returns
  4. Bank Account
    Process bank fees and interest Process Direct Debits
  5. Liabilities
    Payment /process PAYG/IAS/BAS Payment/process Staff super Payment /process loan/s
  6. Reconciliations
    Bank Credit Cards PAYG Staff super GST control accounts Loan accounts (including inter-company loan accounts)
  7. Proceedures and Manuals
    Updating Client's Bookkeeping Manual
  8. BAS/IAS
    Lodging Monthly IAS Lodging Quarterly BAS
  9. End of Year
    Reconciling all BAS' lodged for te year with the GST Control Accounts Reconciling wages, PAYG & Super before preparing Payment Summaries Providing accountant with data file and end of year reconciliations for Tax returns Preparations
  10. Reporting
    Monthly Profit and Loss and Balance Sheet Quarterly Financial Reports and analysis Quarterly Fitness Review (including graphs and charts)
  11. ATO
    Liaising with the ATO re BAS' and IAS Managing Payment Arrangements
  12. Startup Businesses
    If you are a startup business the process is straightforward: As professional Partners with MYOB we will recommend the most appropriate software for your needs. One of our specialists will install the software, customize the Chart of Accounts specific to your business needs, customize Sales Invoices and set up the Payroll if required. Depending on your needs we will arrange to do the processing on-site at your office or off-site at ours at an agreed time.
  13. Rescue Jobs
    What is a Rescue? It's not deliberate. You had good intentions. Time runs away from you because you are busy running a business. Before you know it, it's BAS time AGAIN and you know you're going to have to spend the weekend getting it done. Or maybe you had someone who you thought you could trust but got it all wrong because of their experience. Over time the problem becomes so big that: * It has taken over your office * It keeps you awake at night * You don't know where to start * You're fearful that the ATO will call * You have no idea how much tax or GST you owe * You are completely in the dark It's what we call "The Bookkeeping Monster!" What is the good news? We can tame The Bookkeeping Monster because we have a team of highly skilled and dedicated bookkeepers who use The Pure Bookkeeping System to empower business owners in their financial matters, removing confusion, fear and uncertainty and replacing it with clarity, freedom and control. Because every "rescue job" is as individual as you are we can't say exactly what we need to do to clean it up, get you up to date or how long it will take. During the initial consultation when we complete a "Health Check" We will explain to you what the problems are and what needs to happen to transform your data file into a source that provides you with reliable information. Bookkeeping issues: Essentially though we will do whatever is takes as quickly and efficiently as possible. Some of the issues we will address are: * Bank Accounts or Credit Cards that don't reconcile with the Statements *Old unpresented transactions in the Bank Account or Credit Card *Trade Debtors and Trade Creditors don't balance with the Balance Sheet *The Trade Debtors and Trade Creditors aren't "real" i.e. outstanding invoices and bills have already been paid but still showing as outstanding *Incorrect previously lodged BAS' *Payroll Categories that are incorrectly set up therefore giving you incorrect information in Payslips, AL & SL Accruals, incorrect Tax Tables, SGC Calculations and Payment Summaries *Unreliable Inventory figures The implications of these issues area: *You may be paying the wrong GST, Tax and Superannuation *You may be subject to fines and interest *You may be making strategic business decisions based on reliable figures with dire consequences
  14. Reporting
    Making sure all the compliance requirements are fulfilled is good bookkeeping. What empowers our clients around their finances is providing them with meaningful reports. We can provide the standard set of Profit and Loss reports from MYOB or QB but if you need more information we can provide you with a variety of reports to suit your budget and your needs. Quarterly Financial Reports In this report, we make comparisons of this year to last year, this quarter to the same quarter last year and this month to last month. We include the COS and Expenses represented as a % of the Sales and the Balance Sheet. A copy of this report also goes to your Accountant so that they can see in a snapshot, where your business is at and to give a more in-depth analysis of the story behind the figures. We recommend this for micro to small business owners who don’t want to grow their business beyond what they can manage themselves and at a cost of $95 per month it’s affordable for this size business. Quarterly Board Reports Most Sole Traders or a small to medium sized businesses don’t have a “Board” that they are required to report to each month. We encourage our clients to think and behave they are larger than they really are which has a flow-on effect of generating growth in their business. On the other hand, some business owners keep a lot of the financial information in their head and manage to run their business successfully for many years. There usually comes a point though where the business has outgrown them and they need to share part of that load. The only way of doing this successfully is to have a set of reports that can be discussed with all the stakeholders in the business. The Quarterly Board Reports include: • The Fitness Review (Board Report) which examine five KPI’s in the business:  Cash Flow  Sales  Gross Profit  Net Profit  Accounts Receivable and Accounts Payable Collection Rate  Current Ratio • The Quarterly Financial Reports • An analysis by a Specialist Bookkeeper At a cost of ___ per quarter with a set up fee of ___ it’s an affordable set of specific reports which will greatly benefit your business. Monthly Strategic Board Reports This set of reports is suitable for business owners needing to make strategic decisions month by month. It includes: • KPI reports (customised for your business) • Budget analysis • Cash Flow Analysis • A session with a Specialist Bookkeeper to determine your specific KPI’s At a cost of ___ per month with a ___ set up cost it will give you specific information about your business so that you can make strategic financial decisions
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Starbyder Bookkeeping Narangba