At BB4B, we follow a thorough and systematic approach to catch up on overdue bookkeeping, ensuring your financial records are accurate, compliant, and up-to-date.

Detailed Financial Review

Our certified bookkeeping specialists start with a comprehensive review of your existing financial data—bank statements, invoices, receipts, supplier and customer records, payroll documents, and prior bookkeeping work. We assess the backlog to understand the scope and determine an efficient plan of action.

Customized Catch-up Plan

We design a tailored catch-up strategy that targets your specific needs, focusing on:

• Bank reconciliations

• Invoice and bill entry

• Supplier and customer database updates

• Payroll back-processing

• Tax and BAS lodgment compliance

Data Entry & Bank Reconciliation

We meticulously enter all overdue transactions into your accounting system, including sales, purchases, payments, and receipts. We reconcile each bank account statement to ensure accurate cash flow tracking and identify any discrepancies.

 Supplier and Customer Database Management

We update and organize your supplier and customer databases, ensuring contact information, payment terms, and transaction history are accurate and up-to-date.

Payroll Processing

Our team processes any outstanding payroll data, calculates superannuation obligations, manages employee records, and submits necessary reports to the ATO, ensuring full compliance with Australian tax laws.

BAS Preparation & Lodgment

We prepare and submit overdue Business Activity Statements (BAS) on your behalf, ensuring your business remains compliant with the Australian Taxation Office (ATO) and avoids penalties.

Comprehensive Reporting

Once the overdue bookkeeping is fully reconciled, we deliver clear, actionable financial reports, offering insights into your business’s current financial health. These reports empower you to make informed decisions and plan for future growth.