Bookkeeping & Accounts
Keeping up with book work is a major challenge for some businesses.
That’s understandable when your interests lies in what you do best –
working on your business, not administering it.
However keeping accurate and timely books is an essential part of
running your business, affecting cash flow, profitability and overall
performance. Good bookkeeping means that your accountant spends less
time administering your books & records and more time on your
company’s tax, planning matters and general advice.
Oxygen
has developed bookkeeping and accounts platform that is specifically
tailored to the needs of business owners and their accountants. We
undertake your day-to-day accounts, as well as producing important
reporting.
You can feel confident that your vital bookkeeping is being executed seamlessly and managed effectively.
Oxygen’s Bookkeeping Services include:
Data Entry & Bookkeeping
• Data entry & processing
• Banking
• Reconciliations
• Filing & records management
Accounts Payable & Receivable
• Customer invoicing & receipting
• Supplier invoice processing
• Reconcile Supplier statements
• Prepare & upload Supplier payments
Payroll & Superannuation
• Payroll processing & payments
• Superannuation processing & payments
• Payslips & payment summaries
• Employment taxes calculated & processed
BAS, Income Tax & other taxes
• BAS, IAS, PAYG, Income Tax collation
• FBT & other statutory items
• Collation & recording
• Co-ordination with external accountant
Budgets & Cash Flow
• Preparation of budgets
• Revenue & expense analysis
• Cash flow analysis & monitoring
• Break even budgets
Financial & Management Reporting
• Regular reporting (profit & loss, balance sheet, debtors, creditors)
• Actual performance to budget reporting
• Ratio, KPI & dashboard reporting
• Bank covenant monitoring & reporting
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