At Better Bookkeeping for Business, we follow a structured and proven approach to bring your books up to date. Our catch-up bookkeeping services in Mordialloc are always tailored to your business’s unique needs.
1. Initial Consultation and File Review
We start with a friendly discussion to understand how far behind your books are, what systems you’re using, and any challenges you’ve faced. We also review your current bookkeeping file—whether in MYOB, Xero, QuickBooks, or another platform—to identify errors, missing entries, duplications, or unreconciled transactions.
2. Data Entry and Transaction Clean-Up
Next, our team meticulously enters all outstanding invoices, bills, payments, expenses, payroll data, and bank transactions. Our attention to detail ensures that every figure is accurate, properly categorised, and aligned with Australian bookkeeping standards.
3. Bank and Account Reconciliation
Reconciliation is essential for accuracy. We reconcile all business accounts—including bank, credit card, loan, and merchant accounts—so your financial records match your actual balances. This step eliminates inconsistencies and provides complete confidence in your numbers.
4. BAS, GST, and Compliance Review
If your BAS lodgements or GST reporting are behind, we prepare and organise everything for you. Our catch-up bookkeeping services in Mordialloc ensure your business meets all compliance requirements set by the ATO, helping you avoid penalties and unnecessary stress.
5. Final Reporting and Advisory
Once your books are fully updated, we provide customised financial reports that give you a clear view of your business performance. We also offer guidance on how to prevent future backlogs and keep your bookkeeping running smoothly.