Bookkeeping: Robina Bookkeepers, Gold Coast0415 453 536 – MYOB,Quickbooks, Robina, Varsity Lakes, Reedy Creek and Mudgeeraba

For many Robina businesses, book keeping can be very time consuming. Have you ever thought how long it takes to complete your BAS lodgements each quarter?

According to the Australian Taxation Office (ATO), small business owners spend an average of two hours each quarter completing their Business Activity Statements.

One wonders if that includes all the time getting their bookwork in order!

It’s a constant dilemma for the ATO and small business owners alike- they really have little idea what’s involved for bookkeepers to prepare BAS forms. At what stage is someone doing bookwork, and at what stage does that stop and BAS preparation work start? Since most small business woners never really worried about the bookwork until GST came in, it figures that all the bookwork is necessary each quarter just to fill out a BAS form.

So the ATO really need to examine this strange statistic that they have come up with saying that it only takes two hours each quarter for most business owners to complete their BAS

If you’re late with your Business Activity Statements, then our team of Robina bookkeepers can come to the rescue.

We’ve received a number of enquiries this week from small business owners around Mudgeeraba, Reedy Creek, and Varsity Lakes asking about MYOB and Quickbooks Bookkeeping for the last few BAS quarters

Why struggle and getting stressed out over it, when you can simply give us a call, and we’ll come to your premises and review your bookwork.

Our Robina bookkeeping service can help you with reconciling your bank account statements. We’ll run various checks and reports to ensure that all the data has been entered correctly and allocated in the correct accounts

The Australian Taxation Office advise that almost 80% of BAS forms are lodged incorrectly – as many small business owners are challenged with the task of completing their Business Activity Statements

Contact our Robina bookkeeping team today

Using MYOB for bookkeeping has simplified the accounting process for many Robina businesses. Like many software packages, MYOB isn’t straight forward to use to get maximum benefit.

Is MYOB hard to learn?
MYOB has worked hard to simplify the operating of their software, so in basic terms MYOB is not hard to learn. Many of our bookkeeping clients struggle not so much with the MYOB software, but more with the actual principles involved with the bookkeeping process.

“Does MYOB have any easy way to work our the BAS?”

Garbage in – garbage out.
If you incorrectly enter the data into your MYOB software bookkeeping package, then the information or reports that MYOB spits out will not be a true reflection of your business activities.

Using MYOB for BAS
If all the inputted date is correct in your MYOB files, then generating a Business Activity Statement is fairly straight forward. We often find clients having difficult completing their BAS because they haven’t run the necessary reports to check that their bookkeeping data has been correctly entered into the MYOB file

“What steps do you take with MYOB to check your BAS figures?”

Does MYOB have any easy way to work our the BAS?
All accounting software packages are dependant on the skills and accuracy of the person inputting the bookkeeping figures.

What steps do you take with MYOB to check your BAS figures?
Just as using spellcheck for a word document does not necessarily mean that your document will be grammatically correct – spellcheck can only “guess” which word you are wanting to use. For example through and though are both spelt correctly, but which word you use can affect the meaning of a sentance.

With MYOB, the figures may appear correct to the untrained eye, but a professional MYOB bookkeper knows what reports to run and has a checklist that they work through before lodging the BAS

We prepare hundreds of BAS forms for clients each year, whereas most business owners would only spend a few hours each quarter working on their BAS statements.

Business Activity Statements, for business owners reporting quarterly, are due on 28 April 2010.

For many small business owners and especially for their bookkeepers, April is going to be quite hectic, with Easter and School hoidays, followed by ANZAC day long weekend

So if you haven’t got your bookkeeping upto date,, businesses that are behind in their paperwork can struggle under extra pressure that they really do not need

The phone’s been ringing as desperate business owners in a panic wanting help with their MYOB and Quickbooks files. In most cases, they can simply email us the files and we’ll have a look at their reporting and can generally work out where the problems are within a short time

As a small business owner we encourage you to focus on what you do best, and we’ll do the rest

We encourage all our Robina Bookkeeping clients to get their bookkeeping upto date before the end of the financial year on 30 June 2010.

Often clients are devastated when they discover how much tax they have to pay because they didn’t plan for the FYE (financial year end). Leaving it until after 30 June is too late.

We are not tax agents or accounts, but our team of mobile bookkeepers can certainly help your business get your paperwork upto date so that you can at least have three quarters of the 2009/2010 financial year upto date and ready to visit your accountant before the end of June 2010

Whether you are located in and around Robina, Mudgeeraba, Varsity Lakes or Burleigh, contact out team of Robina Bookkeepers TODAY