Standard Bookkeeping : : AU$ 175 per week
Accounts receivable and revenues recording
Accounts payable and expenses recording
Bank, credit card statement reconciliation
Digitising documents and electronic filing
BAS preparation and lodgement (Australian clients only)
Month end tasks, stock valuation, journal entry for depreciation, accrual accounts
Management reports (Profit and Loss, Balance Sheet, KPI reports)

Standard Bookkeeping and Payroll : : AU$ 200 per week
Accounts receivable and revenues recording
Accounts payable and expenses recording
Bank, credit card statement reconciliation
Digitising documents and electronic filing
BAS and PAYG preparation and lodgement (Australian clients only)
Processing payroll (Australian clients only)
Month end tasks, stock valuation, journal entry for depreciation and accrual accounts
Management reports (Profit and Loss, Balance Sheet, KPI reports)

Please login: demo@theaccountsnetwork.com password:1234 for demo

You will have 2 week free trial period. You credit card or bank account will not be charged within 2 week free trial period. Thereafter, your credit card and bank account will be charged every week. You may cancel your account anytime. No refund will be provided.

Procedures

Step 1

As the first step, you will send business / transaction documents to us. These can be your sales invoices, cash register printout, purchase invoices, purchase receipts, utitlity bills, supplier price lists, stocktake report, bank statements, credit card statements when used for business. The more often you hhsend your documents, the more updated your account will be. Therefore, we encourage you to send your documents more than once in a week.

Before sending supplier invoices to us, you will write or print "Approved", and initial or sign your supplier invoices, as a way to say that you are happy to pay these invoices.

Before sending your bank statement to us, you will write some short comments on your bank statements. You will briefly tell us from whom the cash is received and to whom the cash is paid and for what purposes.

Step 2

We will receive all business / transaction documents from you.

We will process and enter your sales invoices or cash register printout into the accounting system as your revenues.

We will process and enter your supplier invoices into the accounting system as your expenses after we check the price and find no discrepancy. We will enter your purchase receipts that have your approval and signature on them.We will check the price charged on your supplier invoices and utility bills to find out whether or not your suppliers have invoiced you with correct charges. Please note that we will only check these invoices if only they have been approved and initialled or signed by you. By approving and signing the invoice, you are saying that you are happy to pay these invoices.

We will reconcile your bank statement and allocate cash receipts and cash payments into your intended sales invoices and purchase invoices.

We will do your payroll if you acquire this service.

We will upload all your documents to our website, so that you can view them by login with your username. We will upload your documents in no longer that 2 working days after we receive your documents.

We will upload the updated reports to our website that you can view by login with your username. We will upload the updated reports in no longer than 2 working days after receiving your documents.

We will inform you how much BAS and PAYG payable prior to lodging the form to ATO.

We will prepare and lodge your BAS and PAYG to ATO on the due date.

We will do month end adjustments, that include depreciation, accrual accounts, provisions, stock valuation.

Step 3

You will be able to view the updated reports by login with your username. You will see your Profit and Loss, Balance Sheet, general ledger, AR and AP aged report, GST reports and payroll activity report. You will also view all your documents, they are all at your finger tips.

Review your reports before making strategic plans. Review AR aged report and find out which customers' accounts are overdue. Review AP aged report when you want to find out which suppliers are due to be paid.

Just in case you do not have software that creates sales invoices or purchase orders

You will be able to create invoices and purchase orders by log in with your username. It is optional, in case you do not have invoicing and purchase order software. Feel free to use them.

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