The Book-Keeping Network in Perth, Western Australia | Local business

The Book-Keeping Network

Locality: Perth, Western Australia

Phone: +61 8 9349 9189

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25.01.2022 #Bookkeepingtip: Outsource your book-keeping From our years of experience, we know that your business is more likely to succeed if you concentrate on your core activities and outsource other aspects- including your book-keeping. Thats because book-keeping is not as easy as you might believe, so it is far more cost-effective to outsource, rather than keeping it in-house.

25.01.2022 #Bookkeepingtip: Use #technology to your advantage. The latest innovations in book-keeping software now make it even easier for you to be efficient, accurate and up-to-date. At The Book-Keeping Network, we offer industrial-grade software which is scalable, flexible and can help you run a successful business.

24.01.2022 #Bookkeepingtip: Prioritise your books Keeping on top of your books should be a top priority of every business owner! Making time to organise your paperwork helps you stay in control of your business and run it more efficiently.

24.01.2022 Does your business have multiple cost centres? Then there is no need to have multiple bank accounts. At The Book-Keeping Network, we offer a Divisional General Ledger service. This ledger handles multiple sites or cost centres and produces individual Profit and Loss Reports for each centre, as well as consolidated reports for the entire operation. Doing this allows you to track your entire business #finances accurately.

24.01.2022 #Today is a new day!

23.01.2022 Push your limits! #motivationalquote #inspiration #pushlimits

23.01.2022 Do you run a #smallbusiness? Our Small Business Advisory service can assist you during this challenging time. Whether you need advice about organising your book-keeping or applying for finance, we are here to help.

23.01.2022 Make the decision to #act today

22.01.2022 Focus on #design.

22.01.2022 Always go the extra mile! #motivation

22.01.2022 If your business employs #staff, we can calculate your PAYG Tax Liability and Superannuation Guarantee Levies. We can also accurately record your employees leave accruals for Annual Leave, Sick Leave and Long Service Leave. If you need help managing your #Payroll, contact us today.

20.01.2022 #Bookkeepingtip: Pay attention to your accounts receivable Your business' cash flow relies on your customers paying what they owe and doing so on time. So, make sure that you pay attention to when receivables are due, so you stay in control of your business. It's a good idea to set up an accounts receivable process that maximises your chances of getting paid on time, every time.

20.01.2022 Do #great work.

20.01.2022 Be #courageous.

20.01.2022 Do you run a #small business? Our Small Business Advisory service can assist you during this challenging time. Whether you need advice about organising your book-keeping or applying for finance, we are here to help.

20.01.2022 #bookkeepingtip: Verify the accuracy of your financial reports When it comes to running your business, accurate book-keeping is key. As a business owner, it’s a good idea to regularly check the accuracy of your financial reports to identify any reporting problems and get your books back on track.

19.01.2022 If your business has multiple cost centres, there is no need to have multiple bank accounts. At The Book-Keeping Network, we offer a Divisional General Ledger service. This ledger handles multiple sites or cost centres and produces individual Profit and Loss Reports for each centre, as well as consolidated reports for the entire operation. Doing this allows you to track your entire business’ finances accurately #bookkeepingtip

19.01.2022 Today is your #opportunity.

18.01.2022 #bookkeepingtip: Keep your leave accrual information accurate How accurate are the leave accruals for your staff? With many business owners allowing staff to use accumulated leave during this challenging time, your leave accrual information must be accurate now more than ever.

18.01.2022 Over the years, we have discovered that many financial reports are actually inaccurate. In response, we developed a new area of book-keeping called #Forensic #Bookkeeping. Forensic book-keeping lets us uncover inaccurate data so that you stay in the good books. This service can be used for #auditing, #duediligence when purchasing a business, application for #finance, or analysing your business #performance. Get in touch to find out more!

18.01.2022 #Attitude makes a big difference.

17.01.2022 We were honoured to be chosen by the Australian Taxation Office to test system updates to Online services for agents relating to #COVID19 stimulus measures.

16.01.2022 #Bookkeepingtip: Maintaining accurate book-keeping is essential. Knowing how much money you have charged, is owed to you and your suppliers, and how much profit you have made, allows you to keep track of your business. Accurately recording these figures means that you will not only understand how your business is performing but be better prepared when unforeseen events occur.

15.01.2022 Never stop #persevering!

15.01.2022 Did you know that we can help you with all your Payroll needs? If your business employs staff, we can calculate your PAYG Tax Liability and Superannuation Guarantee Levies. We can also accurately record your employees' leave accruals for Annual Leave, Sick Leave and Long Service Leave. If you need help with your business' Payroll, get in touch today!... #staff #smallbusinessowner #bookkeepinghelp

10.01.2022 How can we help you during this #newfinancialyear? Whether you are a small to medium business, government agency, charity or not-for-profit, our book-keeping and data management services can help keep your business in the good books. Check out our wide range of services today.

10.01.2022 #Bookkeepingtip: Separate business and personal bank accounts If you run a small business, it's a good idea to have separate business and personal bank accounts. As a small business owner, having a separate business bank account helps you easily track your business income and expenses, separate your funds for tax time, simplify your bookkeeping, and save you time.

09.01.2022 Did you know the General Ledger collates information gathered from your Debtors, Creditors, Payroll and other sources to produce financial reports? These financial reports are used by accountants to prepare your Tax Return. If you need help with your General Ledger this #taxtime, get in touch today.

08.01.2022 #Bookkeepingtip: Pay attention to your accounts receivable Your business cash flow relies on your customers paying what they owe and doing so on time. So, make sure that you pay attention to when receivables are due, so you stay in control of your business. Its a good idea to set up an accounts receivable process that maximises your chances of getting paid on time, every time.

08.01.2022 Since it's #CyberSecurity Awareness Month, here's a tip to help protect your business: Always verify changes in bank account details independently of invoice details. Good book-keeping systems maintain your suppliers’ bank account details. So, when these are changed, use the contact details that you have on file (not the ones on the new invoice) to contact suppliers and verify the change. You should also record the date and time of the verification #BeCyberSmart

08.01.2022 Over the years, we have discovered that many financial reports are actually inaccurate. So, we've developed a new area of book-keeping called Forensic Bookkeeping. Forensic book-keeping lets us uncover inaccurate data so that you stay in the good books. This service can be used for #auditing, #duediligence when purchasing a business, application for #finance, or analysing your business’ #performance. Get in touch to find out more!

07.01.2022 #Bookkeepingtip: Regularly reconcile your bank accounts Did you know that bank reconciliation is one of the most important book-keeping tasks that you must do? It allows you to keep your financial reporting accurate and track your costs. Since it is the linchpin that holds your business together, we recommend that you reconcile your bank accounts regularly. In fact, at The Book-Keeping Network, we reconcile all bank accounts before producing any reports.

07.01.2022 Do you run a #smallbusiness? Our Small Business Advisory service can assist you during the new financial year. Whether you need advice about organising your book-keeping or applying for finance, we are here to help. Contact us to learn more.

06.01.2022 #Bookkeepingtip: Keep your book-keeping organised. Keeping your book-keeping organised saves you time and money, and helps you stay in control of your business. To stay organised, remember to get the right paperwork with every purchase. That way, your paperwork can be efficiently processed and filed.

05.01.2022 How can we help you run a #successful business? Whether you are a small to medium business, government agency, charity or not-for-profit organisation, our wide range of book-keeping and data management services can help put your business in the good books. Get in touch today!

05.01.2022 Step outside your #comfortzone.

05.01.2022 #Bookkeepingtip: Consider monthly BAS lodgments Unless you are strict with your book-keeping and set aside GST, paying your BAS monthly may help you better manage your finances. Lodging and paying your BAS monthly means that you will pay a smaller amount each month, rather than a larger amount each quarter. Doing this not only makes budgeting a little easier but helps keep your financial reporting on track each month.

03.01.2022 #Bookkeepingtip: Separate business and personal bank accounts If you run a small business, its a good idea to have separate business and personal bank accounts. As a small business owner, having a separate business bank account helps you easily track your business income and expenses, separate your funds for tax time, simplify your bookkeeping, and save you time.

02.01.2022 #Bookkeepingtip: Check your book-keepers qualifications By law, all book-keepers must have their Certificate IV in Book-Keeping and be registered with the Tax Practitioners Board. If your current book-keeper is not registered with this board, they may not be fully qualified to take care of your books. As a result, your current financial reporting may be incorrect. To ensure that your financial reporting is accurate and helping your business succeed, only hire a fully qualified and registered book-keeper.

01.01.2022 Our #Debtors system keeps a record of what your customers owe and gives you: Up-to-date information on your stock levels Detailed analysis on what your salespeople are selling and to whom Comprehensive review of what you are selling... GST collection If you need help managing your Debtors, get in touch today.

01.01.2022 We are thrilled to be a Stirling Business Association Member Connect Mentor

01.01.2022 Our #Creditors system keeps you informed about what you owe your suppliers, records and analyses your spending, calculates GST that you have paid, itemises costings for individual jobs, and shows retention amounts for part-payments withheld. If you need help managing your Creditors, get in touch with us today.

01.01.2022 Where did our #story start? Helping businesses for over 35 years, find out how The Book-Keeping Network began and where we are going next.

01.01.2022 Do you need help with your #bookkeeping? Book an appointment with Alex and Karen today.