Byz Boost’s service offerings include and are not limited to:
- Organise your accounts and keep you up to date.
- Set you up to do the bookkeeping yourself.
- Train you to get the most from your bookkeeping software.
- Help you track payables and receivables to manage your cashflow.
- Process payroll at the frequency you require.
- Prepare BAS /PAYG and get your financials ready for the accountant.
- Provide regular reporting including profit and loss.
- Provide customised analytical tools to assist in managing your business.
We welcome your call to talk about issues you need to resolve. You can give us a ring on (07) 5446 1543
Sometimes we find ourselves with paperwork spread around the workplace or mixed between home and work, albeit, never in the right place at the right time. Ultimately, an office system that is meaningful to you is best for your business. Our initial aim would be to understand your needs, devise in conjunction with you an office system that is practical, then work with you during the transition to the new system until you’re confident to continue alone and maintain control. This could also be a paperless system if you’re technically minded and environmentally conscious. Its your choice.
Setting you up to do bookkeeping yourself
The level of assistance you may require will range from software selection, alone, through to software selection/installation/configuration/continued data entry. It is important to when providing this type assistance that you become empowered to operate the bookkeeping tool yourself and integrating it your office administration. No matter the level of assistance provided, the result would be compliant with Australian Taxation Office requirements.
Train you in the use of your bookkeeping software
If you are in a situation where you know the basics of your bookkeeping software or have staff that need further training, we can provide tailored training that will empower you from a productivity and business performance perspective.
Tracking Payables and Receivables
Managing Accounts Receivable (money owed to you from customers) and Accounts Payable (money you owe suppliers) is a critical component of cashflow control. We can provide you with processes that will give you better control over these.
Employees are very focused on ensuring that they are paid correctly and on time. Our goal when assisting with payroll is to ensure that all employees pays have been set up in accordance with the appropriate award and their terms of employment; establish a system to pay them under management authority, in full at the agreed frequency, and securely.
If you prefer to get professional assistance to prepare and lodge your Business Activity Statements (BAS) and Pay As You Go (PAYG), it is important that you use a registered BAS agent that has been approved by the Tax Practitioners Board. That way you are using someone who is authorised to act on your behalf, has formal training, and is experience in coding GST correctly to minimise your tax obligations. Jo is a registered BAS agent and has the proper certification to service this need of your business.
In order for reports to be meaningful, all transaction of the business need to be recorded and bank/credit accounts need to be reconciled. While regular reports of profit and loss can be prepared to guide you on financial action to take, we can also assist in cashflow management to make sure you stay on top of the flow on money through your business.
Accounting packages are just that. Their primary function is to help you track the financial status of your business. Controlling operations is usefully important for a healthy business and there isn’t always the right tool available to drive activities. Jo has a very strong command of Microsoft Excel and would be happy to work with you to establish tools for things like scheduling, quoting, pricing, or anything that requires a routine mathematical algorithm to function.