Club bookkeeping FAQs
We match your gaming system’s reported figures against what actually reached the bank, on a regular cycle, and investigate every variance while it’s fresh. Small discrepancies get resolved in days, not discovered by your auditor months later. Our club specialist ran this discipline as CFO of a $100 million registered club.
Yes. We track your eligible expenditure against the right ClubGRANTS categories throughout the year and keep the supporting records, so your annual return is prepared from clean data rather than reconstructed at deadline. Late lodgement costs clubs real money in additional gaming machine tax, the whole point is never being late.
Headline first: performance, cash position and anything needing a decision, in plain English. Behind that, a P&L for each department, gaming, bar, catering, venue hire and the rest, so directors can see which parts of the club carry the others. Clear, accurate, and under control.
By treating audit-readiness as a monthly habit: every account reconciled every month, every document filed digitally as it arrives, payroll and gaming records maintained continuously. Do that for eleven months and the audit becomes a review, not an excavation.
Yes, happily. We give your auditor and accountant access to the reports and records they need, answer their questions directly, and keep the books in a state they’ll thank you for. We handle the bookkeeping and BAS side and leave tax strategy to them.
Hospitality bookkeeping FAQs
We work with hospitality POS systems including SENPOS and OrderMate, among our preferred software partners, connecting your sales data into your books so daily takings reconcile against banking without re-keying. If you’re on a different POS, ask us, integration is usually solvable.
Casuals are paid a 25% loading on their award classification rate, with penalty rates for evenings, weekends and public holidays on top per the Hospitality Industry (General) Award. We configure payroll so classifications, loading and penalties calculate correctly every pay run — and hours flow from your roster, not from memory.
Yes. We build a P&L per venue plus a consolidated group view across entities, with shared costs allocated consistently and inter-entity transactions kept clean. You see which venue made money last month, not just whether the group did.
That’s your choice of package, weekly or monthly. Most trading venues choose weekly, because hospitality margins move too fast for quarterly surprises. Either way, your books stay current on cloud software you can check anytime.
Construction bookkeeping FAQs
Each claim is invoiced and tracked against its contract, so you always know what’s been claimed, approved, paid and outstanding on every job. If a payment schedule comes in short, the difference is recorded visibly, which is exactly the paper trail you want under Security of Payment rules.
The Taxable Payments Annual Report tells the ATO what you paid contractors each year, due by 28 August. Yes, we keep your subcontractor records TPAR-ready all year (ABNs on every contact, payments through bills) and prepare the report from your software, so the deadline is a non-event.
In its own account, tagged to each job, with expected release dates noted and a monthly review so nothing quietly expires. Retention only becomes lost revenue when nobody’s watching it, so we watch it.
Yes, tracking categories, clean cost codes and a chart of accounts that mirrors how you quote. Then every bill, invoice and timesheet lands against its job, and you can see per-project profitability instead of one blurry number.
Payroll & growing FAQs
Yes. Standalone payroll is a service in its own right, we run your pay runs, awards, STP and super while your books stay wherever they are now. Bundle later if you like, but it’s never a condition.
Single Touch Payroll Phase 2 is the ATO’s requirement that payroll be reported every pay run with gross pay itemised, overtime, allowances, bonuses and leave separated out. Our pay runs are STP Phase 2 compliant as standard, so it’s our problem to think about, not yours.
More awards in play, more leave to track, and small errors that multiply, payroll changes character past about 30 staff. Because we run payroll for growing businesses every day, your pay runs keep working while the headcount climbs. The fee gets re-sized in a conversation, never by stealth.
Under the employee choice pathway, eligible casuals (6+ months employed, or 12+ in small businesses) can request conversion in writing, and you must consult with them and respond in writing within 21 days. We’ll flag the payroll implications and help you get the response right. For the employment law side, we’d point you to the Fair Work Ombudsman or your adviser.
Multi-venue bookkeeping FAQs
We build a P&L per venue, using the same structure across all of them so they can be compared honestly, sales, cost of goods, wages as a percentage of revenue, occupancy costs, the lot. One combined number hides more than it reveals; a venue-by-venue view shows exactly which sites are carrying the group and which need attention.
Most multi-venue operators hold each venue in its own entity, which is sensible for risk but adds a consolidation job on top. We keep each entity’s books standing alone for tax and compliance, then build a group view that adds them together properly, inter-entity transactions, shared costs and timing all handled so the group number is actually true.
Head-office wages, marketing and software subscriptions get allocated consistently across venues rather than dumped on whichever entity paid the bill. Without that discipline, the venue carrying the invoice looks worse than it actually is.
Past around 30 staff across venues, payroll needs one process across the whole group, not one per site, with wages tagged per venue so each site’s true labour cost lands in its own P&L. We handle it as one system, not several disconnected ones.
A quick test: can you say, from your reports rather than your gut, which venue made money last month, what wages are running at as a percentage of sales per venue, and what the group owes right now? If any of those need a spreadsheet hunt, the books need restructuring before the next lease gets signed.
Why Australian Businesses Trust Balance My Books
Trust matters when it comes to your finances. Our team brings years of hands-on bookkeeping and payroll experience, working with businesses in Parramatta.
Our Simple & Transparent Bookkeeping Process
- Free Consultation
We assess your current bookkeeping setup and identify gaps. - Custom Plan
We create a tailored bookkeeping service plan aligned with your business needs. - Setup & Clean-Up
We organise, reconcile and optimise your accounts. - Ongoing Support
Monthly bookkeeping, reporting and compliance handled proactively.
Why our clients
us!