Bookkeeping Sunshine Coast & North Lakes

Bookkeeping is an essential part of businesses of all sizes. At Total Business Partners, we can take care of all your bookkeeping in Sunshine Coast and offer a completely tailored suite of services to meet the needs of you and your organisation. From assisting with your BAS and GST compliance to simply filing your tax return, our team are here to make finances simple. We have offices on the Sunshine Coast and North Lakes and cover most of the surrounding areas.

Please visit our pages for bookkeeping in Brisbane, Redcliffe and North Lakes.

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Our Bookkeeping Services Include:

  • Bookkeeping Services
  • BAS, IAS and GST
  • Payroll Tax
  • Budgeting
  • ASIC Compliance
  • Getting an ABN

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Learn More about Bookkeeping Sunshine Coast & North Lakes

What is bookkeeping?

A bookkeeper is at the heart of any business. They bring up-to-the-minute financial information to managers and owners to enable top-notch strategy development and flawless financial management. Some businesses like to take our expertise to the next level and ask for our advice on strategy development, while others simply take our detailed reports and build from there.

Core bookkeeping tasks

Whilst all Sunshine Coast bookkeeping services vary, there are some key tasks that any quality bookkeeper will offer:

  • Data entry – recording all transactions and making sure they balance
  • Reconciliation – making sure the books tally with bank statements
  • Reports – delivering monthly reports on business finances

Additional services

  • Accounts receivable – create, distribute, and follow up invoices
  • Accounts payable – ensure invoices from suppliers are paid on time
  • Payroll – calculate pay and deductions
  • Tax returns
  • End-of-year reports – help prepare annual profit and loss reports
  • Strategy – help with review and suggest improvements to maximise business performance

We also offer comprehensive training for your teams where necessary.

Why do I need a bookkeeper?

Choosing to use a professional to manage your bookkeeping means you can be confident that the financial aspects of your business are taken care of. A professional, experienced team like us at Total Business Partners can take care of both day-to-day and year-end tasks, as well as everything in between. This means you can focus on the aspects of your business that need your specialist skills, safe in the knowledge that the finances are ticking along as they should.

Bookkeeping for small businesses

If you have a small business, especially if you’re just starting out, you’ll be hyper-aware of your monthly spending. The good news is, so is your bookkeeper. Whilst you may be tempted to cut costs, a great bookkeeper will help you manage your incomings and outgoings so you can focus on growing your customer base and taking your business to the next level.

Bookkeeping for larger businesses

As your business grows, so do your finances. A good bookkeeper will help you keep track of all the financial aspects of your business from payroll tax to delivering your BAS. Additionally, bookkeepers can help you to develop your strategies and maximise performance, as well as give you time to focus on the details that turn a good business into a great business.

Bookkeeping FAQs

Do I need a bookkeeper or an accountant?
The simple answer is that you need both. A bookkeeper takes care of the nuts and bolts of your business and keeps the day-to-day running of your business smooth. This helps various other accountancy functions do their job, and helps you feel confident that everything is running as it should be. We’re like the GP of the accountancy world.
Do I need to use the same company for bookkeeping and accountancy?
You don’t have to, but it makes a lot of sense if you do. Choosing the same firm means seamless communication, a clear understanding of company strategy and ease of sharing information.
How do I know if a bookkeeper is reliable?
Choosing a bookkeeper is hard – you need to know you can trust them to do a top-quality job and to support your business. Take care to find out that your bookkeeper has the relevant professional memberships, as well as certification from initiatives like Xero so you know your business is working at its very best.
How much does it cost to hire a bookkeeper in Australia?

Bookkeeping fees will depend on a vast array of factors. Factors may include the amount and type of tasks that must be completed and the size of your business. Bookkeepers can be hired purely to complete your tax return; however, various other services can be completed throughout the year to ensure that your business runs as smoothly as possible.

What does it take to become a bookkeeper?

When thinking about becoming a bookkeeper, you must understand that it is vital to possess a certain number of skills, along with the necessary bookkeeping qualifications. Understanding common bookkeeping practices is a must and proficiency in bookkeeping software is extremely important for modern accounting.

A bookkeeper should have the ability to prepare financial statements comprehensively and understand the meaning of general business practices. Bookkeepers need to be critical thinkers and able to analyse data effectively. Additionally, organisational skills are key and time management is vital.

At Total Business Partners, we only hire fully qualified bookkeepers that tick all of these boxes. This ensures that our clients receive the best possible standards of service.

Do Total Business Partners offer foreign tax advice?

The beautiful location that is Sunshine Coast is a place often chosen by people who want to migrate to Australia. Plus, many Sunshine Coast locals need tax advice for foreign business dealings and employment. This is why, at Total Business Partners, we offer advice to help you understand foreign tax policy.

It can be confusing enough trying to sort your taxes out, let alone having to understand other countries’ legislation. Our bookkeepers can help you to understand how foreign tax systems work so that you are always fully compliant with all the necessary rules and regulations.

Sunshine Coast Bookkeeping location

North Lakes Bookkeeping location

Take a look at some of the other services that we provide in Sunshine Coast to facilitate success

At Total Business Partners, we are driven by the success of our clients. We are Xero certified accountants, well-versed in structural business planning and financial management, and always look to provide the best standard of service. With this in mind, we have chosen to offer the following comprehensive services to help Sunshine Coast businesses thrive. We also provide services to the wider Brisbane region, including North Lakes.

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