LN BOOKWORKZ works closely with their clients accountants, ensuring the book work meets your accounts requirements, at the same time making sure everything is completed to meet the rules and regulations of the ATO.
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Bookkeeping is an essential part of any business to meet Australian Taxation Office (ATO) requirements. There’s a legal requirement to have your business financials in order, as your business is accountable for every dollar transaction. The role of bookkeeping provides the accountability for times when you’re required to provide the business financials.
Your accounts will be in order and ready for your accountant, therefore reducing accountancy fees. This means information is up to date, current for you the business owner to view in real time enabling you to make any business decisions. The bookkeeper is able to see patterns emerging and can bring to your attention that may have been overlooked or too late by the time your accountant identifies any issues.