Professional. BAS Agent Services. Keeping You Out of Trouble. Est. 1983

Transcription

1 Professional BAS Agent Services Est Keeping You Out of Trouble

2 2 Contact Unit 8, 45 Normanby Road Notting Hill Victoria 3168 Telephone Facsimile

3 3 Contents Keeping You Out of Trouble 4 What is a BAS Agent? 5 BAS 6 Payroll 7 General Ledger 8 Debtor and Creditor Control 9 Virtual Office and Administration 10 Our Difference 11 BAS Debtors Creditors Payroll Financial Admin Virtual

4 4 Keeping You Out of Trouble At Professional BAS Agent Services everything we do is focused around one mission: Currency with Accuracy We deliberately chose that motto to touch any number of strings with our clients. But to us, its message is clear: At Professional BAS Agent Services our purpose is to offer the most up-to-date knowledge, expertise and procedures when it comes to keeping businesses out of trouble. In fact, it s more than a mission. It s our promise. At Professional BAS Agent Services, we ve been working with businesses in Australia for over thirty years. When we opened our doors in 1983, we knew that businesses, no matter their size, needed a hands-on team to take away their day-to-day compliance pressures. Our dedication to this mission grew with the introduction of Australia s Goods and Services Tax (GST). The record keeping and reporting strains on businesses exploded and with them came the penalties for non-compliance: in other words, trouble. In this brochure you ll learn about the personalised services we offer and why for over three decades, our clients have agreed, our currency is very accurate indeed.

5 5 What is a BAS Agent? BAS stands for Business Activity Statement and BAS Provisions are what BAS Agents spend their days, head down, rummaging through on your behalf. BAS Provisions cover numerous core interactions when running your business. These include administering Goods and Services Tax, Pay as You Go Withholding Tax, Fuel Tax and the Superannuation Guarantee. The registration process for a BAS Agent is thorough. Education and experience requirements ensure competency in GST and BAS principles. A BAS Agent must meet the standards of a Fit and Proper Person. The Tax Agent Services Act 2009 Regime sets the rules and the Tax Practitioners Board governs them. Did you know that not all bookkeepers are BAS Agents? Why? Because BAS Agents are highly trained and regulated professionals: bookkeepers are not. That s why you need to take care when you see the phrase We Do BAS. For as of March 1st, 2010 not everybody legally can. The legislation, regulation and paperwork involved with BAS compliance can be mind numbing to most business people; after all, you re busy providing goods and services of your own. But it s different for a registered BAS Agent. A competent BAS Agent gives you peace of mind. For now, just know that more than ever you need the services of a BAS Agent. At Professional BAS Agent Services, a team of leading registered BAS Agents is waiting for your call.

6 6 BAS Professional BAS Agent Services offers not just one but a team of highly trained registered BAS Agents to manage your needs. We re proud of that. Founder Helen Stenhouse, a registered BAS Agent herself, leads our BAS professionals in a manner that ensures a level of enthusiasm and business acumen that only an expert with over four decades experience can inspire. Our BAS team exists for one unified purpose: to take the burden of BAS preparation, reporting and worry off your desk to keep you out of trouble. That means giving you competent service when it comes to: Goods and Services Tax Business Activity Statements Instalment Activity Statements Fuel Tax Payroll PAYG Withholding Tax These are complex matters and our abilities extend beyond the preparation and lodgment of paperwork. With your permission, we can also represent you in your dealings with the Australian Taxation Office (ATO) and liaise with your accountant, solicitor, bank manager and other key advisors. Our BAS Agents, together with our streamlined BAS preparation facilities, will keep you compliant. At Professional BAS Agent Services, BAS is our business and we re fully covered with Professional Indemnity Insurance as part of that guarantee to you. BAS

7 7 Payroll Payroll administration can suck the time out of a clock faster than any activity in business. More so, get it wrong and the costs to productivity and in law, can be equally enormous. Your employees rely on you for accurate, efficient and worry-free organisation when it comes to the payment of their wages, salaries, bonuses and entitlements. The same goes for deductions and superannuation. There s no greater disincentive than paying people incorrectly, delaying deposits to their bank accounts or presenting them with the message that their entitlements have been calculated incorrectly due to a glitch. Few business owners, however, possess the knowledge and resources to handle this burden in-house. That s why our clients rely on Professional BAS Agent Services for their payroll. Taking instruction from you regarding Award coverage and pay rates, we offer the expertise to take over and customise a seamless total payroll administration solution that meets your specific needs. Our payroll services include: Payroll processing Payslips PAYG Withholding Tax BAS and data reporting Superannuation compliance Payroll Tax Employee PAYG Payment Summaries End of Financial Year employee compliance WorkCover administration WorkCover Declaration of Rebatable Remuneration At Professional BAS Agent Services we stay up to date with payroll law, ensure your payroll compliance and we restore your focus to what matters running your business. Most importantly, we reconcile everything. And that makes us unique. Our team of registered BAS Agents gives you a powerful payroll edge. Payroll

8 8 General Ledger Commerce has come a long way since the Franciscans first wrote about double entry accounting in the fifteenth century. Yet, five hundred years on, and the General Ledger remains the financial nerve centre of a business. The General Ledger is the backbone of your compliance essential for the inputting and calculation of transactions impacting BAS, payroll and GST. All reporting relies on it and its accuracy determines the usefulness and legality of the financial data you produce. Professional BAS Agent Services can assist with the suitability, implementation, familiarisation and operation of your General Ledger system whether manual, desktop or cloud. Combined with our expertise you will achieve: Impeccable financial records Streamlined General Ledger set-up and operation GST and BAS returns Bank and credit card reconciliations Inter-company reconciliations Petty cash management Budgetary planning Professional BAS Agent Services will track your GST payments and collections, calculate your GST obligations and ensure that your GST is fully compliant. More than anything, a good General Ledger platform will keep you GST trouble-free. BAS Debtors Creditors Payroll Financial

9 9 Debtor and Creditor Control Healthy cash flow. It s what every business needs and it requires up to date accounts receivables. Nothing can hurt a business more than a bad debt at a time when money has already been allocated or expenses are falling due. Yet, many businesses suffer this fate. It s usually a factor of not having the time or the expertise. In the end, you simply hope your customers remember to pay, pay often and won t require an uncomfortable follow-up. But that s a dream. Professional BAS Agent Services offers the skill and experience to jump in with an all bases covered debtors solution. Our account receivable services include: Invoicing and receipting Debtor management Statements Debtor reconciliation Creditors too can hit your business in undesirable ways. At minimum, late payments may dent your market reputation worse penalties, interest charges and your credit rating are at stake. No one wants to be a bad debtor and when it comes to your accounts payables, our solution is also all bases covered. It includes taking care of your: Supplier invoice processing Payment scheduling and processing Creditor reconciliation Your business relationships take effort to build. Why risk them through a lack of resources in handling their follow-through? At Professional BAS Agent Services we ll take care of your accounts workflow debtors and creditors alike. Debtors Creditors

10 10 Virtual Office and Administration Growing your clientele, developing your products, honing your services that s where you want to be. Let s be honest. Often times there s no glory working behind the scenes. Yet, every business requires an administration. And running an office isn t cheap. At Professional BAS Agent Services, we re ready to step in as your behind the scenes business helper too. Our full suite of virtual office services includes: Live telephone answering Phone and customer service Correspondence Filing Data entry and processing Private accounts administration Clerical support Ad hoc assistance Our aim is to enhance the way your business operates and if that means keeping your spreadsheets in order, ensuring the accessibility of your files or taking messages we ll make it happen. It starts with an in-depth chat. We ll talk about your business, its story, its culture and its goals. We ll then become a part of your extended team: speaking with your voice. The overall effect is a virtual office that to outsiders gives your operation the feel of a bustling establishment and you, more free time. Financial Admin Virtual

11 11 Our Difference Keeping you out of trouble when it comes to BAS, GST and payroll that s our business. Keeping you out of trouble when it comes to BAS, GST and payroll that s our business. Our team of registered BAS Agents at Professional BAS Agent Services gives you this peace of mind. And we re unique in many ways: Registered BAS Agents we re registered BAS Agents. Remember, only a BAS Agent can provide BAS Provisions. Take care when you re told that someone does BAS. No minimum hours we only charge for the work you need. You should never accept a demand to pay for a minimum block of hours. Flexible working arrangements we work on and off-site as suits your needs. We ll happily come to you. Reconciliation we reconcile everything. You should never accept a service that doesn t. No mandatory software we re experts in numerous General Ledger solutions. The General Ledger is the core of your record keeping and compliance. You can choose how and where it runs. Experience we ve been helping businesses for over thirty years. Our Mission Currency with Accuracy is our motto and that means we ll always keep you out of trouble. Full Compliance your BAS, GST and payroll will always comply with the law. So give us a call for an in-depth chat. At Professional BAS Agent Services, trouble-free is your guarantee. BAS Debtors Creditors Payroll Financial Admin Virtual

12 Professional BAS Agent Services ABN Registered BAS Agent Postal Address P O Box 4595 Mulgrave Victoria 3170 Australia Office Address Unit 8/45 Normanby Road Notting Hill Victoria 3168 Australia Telephone Facsimile info@pbservice.com.au Formerly Professional Bookkeeping Service 2014 Professional BAS Agent Service