Account Aspects

Bespoke Bookkeeping

Bookkeeping

Account Aspects Bookkeeping Newcastle uses Xero and Cloud based software to empower business owners to grow their business. Through the combination of experience and qualifications, the Account Aspects team understands the importance of ensuring the numbers are accurate and in balance. With a passion for helping business owners achieve their goals, we offer a range of bookkeeping packages to suit your business requirements.

What is bookkeeping?

Send professional online quotes to win new business. Create and send a personalised online quote or estimate on the spot. When you need to bill a customer, simply create an invoice from the quote.

Easy-to-use online invoicing software makes it simple for customers to pay you faster. Xero is also the first major provider of small business accounting software to offer the ability to send e-invoices in Australia.

Keep accurate records.Quickly categorise your bank transactions as they flow in to Xero each day so you can track cash flow and have everything ready at tax time.

Accounts payable software that keeps you up to date. Manage your bills more efficiently, pay suppliers on time, reduce admin and get an overview of where your business is spending money with accounts payable software.

Simplify your purchase order process and maintain control. Whether you’re creating a purchase order or need to convert one to an invoice, Xero makes the process simple and easy. Manage your bills more efficiently, pay suppliers on time, reduce admin and get an overview of where your business is spending money with accounts payable software.

Keep track of your cash flow with fast bank reconciliation. Turn bank reconciliation from a chore into something simple and fun. Once Xero is connected to your bank, transactions flow in automatically, ready for you to reconcile.

Xero Projects: The simple way to complete profitable projects! Quote, track, invoice and get paid for jobs all within Xero, using Xero Projects – the all-in-one tool to track profitability on every job.

Xero puts you in control of your Accounts Receivable (AR) so you can manage your cash flow and scale your business with confidence.

Track small business cashflow without spreadsheets. If you track income and expenses on a spreadsheet, you could be losing sight of how your business is performing and wasting a lot of time on data entry. There are low-cost alternatives that allow you to monitor business cashflow really simply.

Xero offers expense claims for employers, employees and classic expense claims.

Xero offers loan setup so you can track non-current liabilities.

Bank reconciliation is the process to confirm that all the transactions in your bank accounts are recorded in your business accounting records. In Xero, this is done on the Reconcile tab, by matching bank statement lines from your bank account on the left against transactions in Xero on the right.

Use purchase orders in Xero to streamline your organisation’s ordering and purchasing process.

Nowadays you can bypass a lot of the manual data entry by linking all your business systems together so that information flows directly into your books from sales systems, bank accounts, and receipt scanners.

Create bank rules from the bank rules screen, during bank reconciliation, or while you’re cash coding. Use bank rules to reconcile statement lines for cash payments instead of creating a transaction manually.

Run either of the two versions of the Profit and Loss report to view your organisation’s income, expenses and profit for a reporting period.

Run the Balance Sheet report to see your organisation’s financial position as at a selected date. A balance sheet is a summary of the financial balances of an individual or organisation.

Thank you to Xero for providing us with the definitions. 

Bookkeeping Newcastle & Lake Macquarie

Our Packages

Whether you’re an experienced director or new to business, our Bookkeeping Services packages are tailored to your business needs. They include payroll services, management reporting and BAS lodgement. This gives you the peace of mind to focus on what you do best.

Let us suggest the plan that’s right for you

I am a business with a size of employees.

LIFT

Time is a precious commodity when growing a successful business. Focus on what drives you and partner with a team passionate about empowering your goals and achieve peace of mind by meeting your obligations.

– Monthly Bookkeeping
– Bank Reconciliations
– Monthly Integrity review of your Xero file.
– Quarterly BAS

– Payroll Services

Starting from:

$400

per month + GST

BOOST

You’ve grown your business into a successful team dedicated and skilled  in their profession. We focus on the financial fundamentals saving you time so you can seamlessly manage your business.

– Payroll Services < 5 employees
– Fortnightly Bookkeeping
– Bank Reconciliations
– Unlimited Phone & Email Support
– Monthly Integrity review of your  Xero file
– Quarterly BAS
– Quarterly Management Reporting with
Insights

– Management team Meetings

Starting from:

$700

per month + GST

ELEVATE

The foundation of a solid business reputation is relationships and actioning a well mastered business plan with a team of professionals working in partnership towards your goals. Account Aspects becomes your internal accounts department to increase your cashflow by managing customer accounts, supplier and employee payments.

– Payroll Services < 10 employees
– Weekly Bookkeeping
– Bank Reconciliations
– Unlimited Phone & Email Support
– Monthly Integrity review of your -Xero file
– Quarterly BAS
– Monthly Management & Budget Reporting

– Custom Payroll Services
– Monthly BAS.

Starting from:

$1100

per month + GST

Support

Business Owners from Sole Traders to Larger Companies more involved with their Bookkeeping who requires additional security of experienced bookkeepers. Casting a professional eye, reviewing transactions giving greater accuracy and better decision making. Your admin team will expand their knowledge and enhance their confidence

– Monthly Integrity review of your Xero file
– Discussions with admin staff improving
allocation of transactions.
– Unlimited email and phone support

– Quarterly BAS preparation and lodgement

Starting from:

$300

per month + GST

CUSTOM

By servicing a wide range of industries, we know that the needs of businesses are diverse. Through our initial consultation we will analyse your service requirements and create a custom package designed specifically for your business.

 – Debtor Management
 – Business consulting
 – Payroll Tax
 – Management Reporting
 – Bookkeeping
 – Payroll Services
 – BAS

Starting from:

POE

We can also help with

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