Best Outsourced Bookkeeping Services for Small Businesses (XERO/MYOB)- Australia Wide

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The key functions of our small business bookkeeping service / outsourced bookkeeper include:

Recording all financial transactions for the business

Bank Reconciliation

We can also assist with Accounts receivable and Accounts payable processes if needed.

PremierOne’s outsourced small business bookkeeping service provides a complete array of bookkeeping and accounting services designed to assist small and medium businesses. Our bookkeeper’s primary goal is to help SMEs in ensuring reduction of their time spent on non-essential activities and empowering them to focus on the main business functions.

Proper accounting helps in establishing an effective management information system (MIS), and helps you manage your finances better. Adequate maintenance of books and accounts is a prerequisite to any business entity. Our bookkeeping plan is designed to provide a comprehensive year-round solution to all your accounting needs.

Outsourced small business bookkeeping services

PremierOne’s outsourced small business bookkeeping services in Australia, helps to ensure your financial data are accurate and complete. It truly reflects the financial performance and position of your business. If your bills and receipts are piling up in the shoe-box, you risk non-compliance with the ATO. As a result, there could be severe consequences in terms of sanctions and penalties.

The process of the small business bookkeeping involves data entries to reflect the transactions undertaken by the business. As part of the month-end process, adjustment journals are entered in the system, to ensure all transactions relating to a period or month are captured and reflected in the financial reports.

Outsourced Bookkeeping Services – FAQs

  • What is bookkeeping and what are its importance?
    Bookkeeping is the process of recording all your financial transactions into accounts on a regular basis preferable everyday. It is really essential for understanding your business performance and for preparing financial reports.
  • What does a bookkeeper do for a small business?
    A small business bookkeeper is able to take care of the financial aspects of a small business that a busy Small Business Owner would usually have to handle, despite it often not being in their area of expertise.
  • Why outsource my accounting department?
    Let a professional do a professional’s job. If you are like most business owners and CEOs, you take full pride in the services or products your company provides. You want to focus your time and energy on business strategy and goals. Outsourcing the accounting department to a dedicated, highly skilled professional services firm allows you to do exactly that. By outsourcing your accounting to PremierOne you’ll save valuable time in your day, reduce operating costs and gain peace of mind.
  • What locations do you offer your Bookkeeper’s outsourcing services in Australia?
    Though we are located in Melbourne we outsource our bookkeeper’s to all states across Australia.
  • Where is your office Located?
    Our Office is located in Melbourne, Victoria. Our complete address : Suite 225, Waterman Business Centre, 44 Lakeview Drive, Scoresby, Victoria – 3179.
  • What are the duties of a bookkeeper?
    Bookkeepers are primarily responsible for maintaining the details of all the transactions done. Some of his responsibilities include Payment remittance, submitting the payments, recording payments in ledgers etc.. some Bookkeepers also take the additional responsibility of sending reminders for payments to be received to the client and track if it is received.
  • What should a bookkeeper know for bookkeeping?
    Our bookkeepers should become familiar with your chart of accounts for recording your financial statements. Bookkeepers would also reconcile your bank accounts.
  • Can your bookkeepers do account receivable?
    Yes Premierone’s bookkeepers are well equipped to keep track of your account receivable of your business.
  • What is the difference between a bookkeeper and accounting clerk?
    Our bookkeepers will act as the main accounting professional for entire accounts of small business enterprises, while accountants would be able to manage only specific account types.
  • How much would it cost for availing outsourced bookkeepers from premierone?
    The Cost for bookkeepers vary depending on multiple factors for small businesses . However we guarantee you that we provide bookkeeping at most affordable price in the industry.
  • Can your Bookkeeper provide financial advice?
    Our Bookkeepers provide data which can be used for understanding the financial status of small businesses. For financial advice and forecasts you can use our Virtual CFO services.
  • what is the minimum duration commitment for availing bookkeepers of premierone?
    You can avail bookkeepers from a minimum of 5 hours depending on your need.
  • Can your outsourced bookkeepers do Xero Bookkeeping?
    Yes our bookkeepers are experienced in Xero bookkeeping and are already doing Xero bookkeeping services for multiple clients.
  • Can your outsourced bookkeepers do Myob Bookkeeping?
    Yes our bookkeepers are experienced in Myob bookkeeping and are already doing Xero bookkeeping services for multiple clients.

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Meet Our Team

Maru Natarajan

Managing Director

Maree Hamilton

Tax Accountant

Hirusha Jayasekara

Aged Care Accountant

Fransisco Silva

On-Call / Virtual CFO

Rohit Maru

JR Accountant

Charitha Ranasinghe

Manager - Client Services

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