In addition to making sure that you claim your max GST credit, what else does a BAS Agent (registered bookkeeper) do?
- Accounts receivable or customer invoicing and receipting
- Accounts payable or supplier payments and expenses
- General Administration and reception duties (if required)
- Debt Collection and cash flow control
- Payroll processing
- Reconciliation of financial statements – Bank Accounts, Credit Cards, Loans, Lease Payments
- Budgets and Financial Statements
- Data Management
- Monthly / Quarterly or Annual Business Activity Statement
- Forensic or Rescue Bookkeeping
- Cloud Integration
- Prepare Payment summaries for FBT and employer superannuation contributions
- Registering or providing advise on registration for GST or PAYG withholding
- Superannuation Clearing house applications
- Send a TFN declaration to the commissioner on behalf of a client
Other specialised roles of a BAS Agent (registered bookkeeper)
Did you know that apart from all the very sensitive financial data and reporting that a BAS Agent can perform, they can have other essential roles within your business? In fact, one role can add substantial financial creditability. A bookkeeper can perform the role of a Chief Financial Officer or Virtual CFO and take over key duties such as:
- Management reporting and dashboard reporting
- Cash flow modelling, reporting and management
- Budget and forecasting preparation, analysis and tracking
- Finance process reviews
- Cloud accounting advice
- Assist you to focus on your financial goals and grow your business
Benefits to your business
Unlike an Accountant, a Bookkeeper looks after your day to day duties within your business to a high standard of detail and accuracy. They have a more intimate knowledge of how your cash flow is managed and can alert you to potential issues before they occur. The unbiased opinion from your bookkeeper could be the breakthrough your business needs to push it upward to the next level.
