Frequently Asked Quesitons
What areas do you service?
We can service the whole Sydney, Brisbane & Gold Coast suburbs. Later on, we will have our franchisees located in every capital city in Australia and hopefully we will have our franchisees located in remote areas in Australia.
What are your fees?
The fees structure is very flexible and competitive depending on your situations. In average we charge around $40 plus GST for 1 hour bookkeeping work. We may charge less or more depending on skills and knowledge needed to complete the assignments.
We are open to negotiate a fixed fee with you, this can smooth your monthly/quarterly cash flow and let you have a peace of mind.
Please see our “Fees” section in our website.
How long has Accounting & Bookkeeping Group been in business?
Accounting & Bookkeeping Group Australia has been in the business since 2003, we have serviced hundreds of small to medium sized enterprises in Australia and overseas.
What support do you offer?
We offer a range of bookkeeping services including MYOB, QuickBooks set up and training, data entry, bank reconciliation, debtors & creditors control, payroll, BAS, IAS, GST reporting, fixed assets registration and maintenance, management reporting & analysis, budgeting, cash flow, end of year reports preparation etc.
Please see our “Bookkeeping Services” section for more detail.
Are your bookkeepers experienced and formally qualified?
All our bookkeepers are registered BAS agents accredited by Australian Tax Practitioner’s Board (TPB). All of them have extensive bookkeeping experience and are eager to help you to achieve your goals. They are not just bookkeepers, they understand your business environment and will provide invaluable advice to improve your business financials.
Are you qualified to prepare Business Activity Statements (BAS)?
To be eligible for registration as a BAS agent, an individual must meet one of the following education requirements prescribed in Schedule 2, Part 1 of the TAS Regulations 2009:
- Accounting qualifications
- Membership of a professional association - recognised BAS agent association or recognised tax agent association
See Schedule 2, Part 1 of the TAS Regulations 2009.
BAS agent must also gain relevant experience as an individual:
- As a tax agent or BAS agent registered under the TASA 2009
- As a tax agent registered under Part VIIA of the ITAA 1936
- Under the supervision and control of a tax agent or BAS agent registered under the TASA 2009
- Under the supervision and control of a tax agent registered under Part VIIA of the ITAA 1936
- Of another kind approved by the Tax Practitioners Board
in the course of which the individual's work has included substantial involvement in one or more types of BAS services.
Work by an individual of a kind approved by the Board' is a matter for the Board to determine.
See Schedule 2, Part 1, Division 2, item 103 of TAS Regulations 2009.
All of our bookkeepers are Registered BAS Agents under the supervision by IPA, CA & CPAs, so we are qualified to prepare and lodge Business Activity Statements (BAS)
Do I need an appointment?
Feel free to give us a call or email us or come to our office by whatever means. We can go to your office to identify your bookkeeping needs if that suites you the most.
Can you help me setup my bookkeeping systems?
Definitely! We will not just help you to setup your bookkeeping systems, we will also provide ongoing training for those bookkeeping software packages such as MYOB, Quickbooks, Xero, Bank Link etc.
Will you provide onsite services?
Absolutely, we will allocate and send one of our bookkeepers to your office according to your specific requirements. Your account manager will be responsible for your books from the start to finish and they are always available to communicating with you.
What will you need me to do?
Keep all your financial records together as you're currently doing. If you are starting up a new
business, we can show you an easy way to do this.
What if I want to do some of the work myself?
Feel free to do whatever you feel comfortable and confident, but please give us a call to obtain advice before you do something that you are unfamiliar and uncomfortable. Make sure you are right at the start will save you time and headache at the end.
What if I am years behind, my books are a mess and I did not manage to keep my books
in order for years?
Do your best to find all your invoices, receipts, cheque butts, bank statements, ATO forms, letters etc etc. Then call us and we will go to your office to help you to make them in order or you can send all documents to our office, we will send you a list of documents you need to provide.
Will I need to change my accountant?
We are also a registered tax agent with many dedicated IPA, CPA & CAs. So why not appoint us as your accountant to prepare your financial statements and tax returns. We will be able to connect with our bookkeepers more quickly and will save you potentially thousands of dollars.
Will my accounts be exactly right to the cent?
Accounting & bookkeeping is not an absolute science, different accountants and bookkeepers will create different financial results and advices. That is why you need to read “How to find the right accountant” and “Key steps to finding the right bookkeepers” in our website.
Will I lose control of my business if I outsource my bookkeeping?
Absolutely not! In fact, our clients found that they have more control about their businesses after using their bookkeepers. They have a piece of mind that their financials are always up to date and accurate which can help them to make better business decisions. They can also free-up their precious time to concentrate on their business or spend more time with family.
How do I get started?
There are 4 steps for you to get started to improve your business.Make sure all your documents are ready, doesn’t matter how many of them and doesn’t matter how messy they are.
- Call us or email us your bookkeeping requirements.
- We will send most suitable bookkeeper to your office according to your requirements.
- Relax and enjoy the benefit we will provide for you.