Frequently Asked Questions
Why do you need a bookkeeper?
Often in the early days of a new business, you might try and wear as many hats as possible to keep costs down. However there are some key signs that mean it may be time to outsource some tasks, including the bookkeeping – Are you…
Spending too much time on paperwork and not enough time on the business? Having stress or anxiety about paperwork? Not keeping up-to-date with paperwork? Uncertain about whether you are maintaining the accounts correctly? Using an Accountant, but not a bookkeeper? You may be paying much more than is required if your Accountant is completing bookkeeping work
Can a bookkeeper lodge a Business Activity Statement (BAS) or Tax Return?
A bookkeeper that is a Registered BAS Agent is able to lodge monthly and quarterly Activity Statements (Registered BAS Agent – https://www.tpb.gov.au/)
A Tax Return can only be lodged by a Registered Tax Agent (Registered Tax Agent – https://www.tpb.gov.au/register-tax-agent).