Small to Medium sized businesses - local shops, restaurants, service providers, tradies - we can assist with your bookkeeping needs over a wide range of industries!

Freelancers and contractors - Individuals who provide services and need assistance with invoicing and expenses tracking

Startup businesses - New businesses that require foundational financial systems, processes and reporting

Real Eatate - Agents and property management companies that require detailed transaction tracking

Manufacturing - Buisnesses that need to track production costs

We can tailor our services to meet the unique needs of every bookkeping client.

Bookkeeping coaching typically involves guiding individuals or businesses in understanding and managing their financial records effectively. Heres how is generally works

1. Assessment We evaluate your current bookkeeping practices, tools, and knowledge level

2. Customised Plan Based on the assessment , a tailored plan is developed to address your specific needs and goals

3. Training sessions These an be conducted through one on one meetings or online tutorials focusing on topics like software use, finacial reporting and the best practices

4. Ongoing Support We offer ongoing continuous support via email, chat or have follow up sessions to address questions or challenges as they arise

5. Resources We provide templates, giudes and recommended software

6. Progress Monitoring Regular check ups help track your progress.

Overall our goal is to empower clients to manage their own bookkeping confidently and accurately

The differnce between bookkeping coaching and bookkeeping services lies in the nature of the support provided.

Bookkeeping Coaching - Educational focus, Empowerment, Customised Guidance, Ongoing support

Bookkeeping Services - Hands on Management, Timesaving, Accuracy and compliance, Full service options

In summary, coaching focuses on teaching and empowering clients, while bookkeeping involve direct managemet and execution of your bookkeeping tasks

Choosing the right bookkeping option for your business depends on several factors.

• Current knowledge and skills

• Time Availability

• Complexity of financial transactions

• Budget

• Goals

• Growth plans

• Compliance needs

Yes you can definately swtich between coaching and bookkeeping as your business needs evolve. Heres how that might work

Start with coaching, build your skills and knowledge, then you might decide to focus on another aspect of your business

Combining approaches, some businesses start with coaching while using the bookkeeping service for certail tasks like payroll etc

Assessing your needs, your business may grow in complexity or size, therefore you may want to switch to a bookkeeping service

We are responsive to your business's changing needs , we can find the right balance between coaching and bookkeeping

Excellent bookkeeping is key to a successful business. Your records and books of accounts are essential to business reporting, taxation, and business banking. Bookkeeping done well will give your business an edge. Reports, data, and key information derived from accurate and correct bookkeeping are powerful tools in making decisions that will lead your company to success. It is common to struggle to keep your books updated, your reports on time, and your numbers correct. That is where BookSmart Business comes in. We offer comprehensive and dedicated bookkeeping solutions designed with your success in mind. With professional bookkeeping you will find clarity on your finances, allowing you to make business decisions with confidence. Up to date data on your business’ financial performance will enable you to make informed decisions that will benefit your business, and help avoid future problems.

No more second-guessing the reports!

Keep your business finances under control. Through accurate reports, you will have a better idea of your business position and condition – important inputs to creating a budget, forecasting, and making gainful financial decisions. With timely bookkeeping practices, you can actively track business spending, sales, and earnings. This is fundamental in managing cash flow. Each timely report will allow you to see any major market movements and adjust production and marketing campaigns as needed.

Bookkeeping focuses on dealing with day to day recording of financial transactions. With this, they ensure that your finances are recorded accurately, and are prepared for when you need to submit your Business Activity Statements.

Only a bookkeeper who is also a BAS agent will be able to complete and submit your BAS on your behalf. With a bookkeeper you will be able to have up to date information on your businesses finances, and see where they are tracking in real time. This provides greater clarity on business progression and status allowing you to make informed decisions about your business.A Bookkeeper makes sure your accounts actually balance, and have the knowledge and skills to explain this information to business owners. They are the ones who make sure all your business’ finances are accounted for and are responsible for finding the cause of any discrepancies.Your bookkeeper will also work to ensure your reporting is meeting all legal obligations, as businesses are legally required to provide reports on their finances. 

Accountants are responsible for overseeing accounts, producing financial statements and tax returns. Accountants are experts in financial and taxation laws so that they can provide financial advice to assist a business. Their job also involves preparing and inspecting financial records, ensuring that they are accurate, any mistakes are found, and to ensure that things in the company are running properly. After assessing these findings, accountants will be able to help your business make informed decisions and prepare the tax return

Bookkeepers are tasked with entering data as well as bank reconciliation – especially when it comes to small businesses.

Other core responsibilities of a bookkeeper include:

Monthly reports

Following up on accounts (received and payable)

Filing BAS

Putting together yearly reports for profits and losses as well as balance sheet reporting

Assisting business owners with their budgets and forecasting

Advising on the best software to use for specific business needs

In some cases, acting as liaisons for accountant meetings

Because of their diverse responsibilities, it is important that you consider both positions when it comes to keeping your business’s financials

Where a bookkeeper will ensure that your record-keeping stays up to date, your accountant uses the data they gather from the bookkeeper to measure your business’s performance and growth, and will provide insight into how you can maintain a good trajectory.

Finding the right bookkeeper can be daunting! One of the first indicators of seeking out the right bookkeeper for your business, is to look for someone with experience – especially in the area of services that relate to your business. You need someone to understand the typical requirements for bookkeeping for your industry needs, at BookSmart Business we are diverse in a range of industries!

We use the most up to date technology and software, we have attention to detail, we have experience with credit and cash flow management!

Yes we are BAS Agents, and have over 20 years of bookkeeping experience!

To become a verified BAS (Business Activity Statement) agent, a bookkeeper needs to have specific qualifications stipulated by the Tax Agent Services Regulations 2009 (TASR).Therefore, if you want to employ a bookkeeper that can provide BAS agent services (which include, among others, Single Touch Payroll (STP) processing, EOFY reporting, superannuation and taxable payment reports)

As you scale your business, you need every available moment to work on your growth and strategies to achieve your goals. However, when you become bogged down with day-to-day admin/bookkeeping, you might end up spending more time trying to figure out financial processes and software – adding extra stress to your schedule that is likely overloaded.

When you employ an external bookkeeper like BookSmart Business, there is less stress on your already constrained schedule, and you can rely on a professional to handle those key financial or recording processes that you often do not have the time for.

Also, because BookSmart Business can provide service packages aligned with the budgets and needs of their clients, there is more than enough room to create a solution that will work for your company.