Beaconsfield (03) 9707 0555
Cranbourne (03) 5995 2700
Pakenham (03) 5940 4555
We specialise in providing a bookkeeping service using Xero or Cashflow Manager. We also provide services using MYOB and Quickbooks whereby we extract and analyse the information in the file you supply to prepare your financial reports and tax return.
Xero is a cloud based software which has been described as ”internet banking for accountants”. What this means is you login with a security password on the internet and you use the Xero software with the level of features you have subscribed for. There is no need to perform any backups of information entered or upgrades to software because this is all handled by Xero. The cloud allows you to run your business from anywhere that you have internet access and even allows you to use your smartphone or tablet. Xero allows you to set up automatic bank data feeds which translates into less manual data entry. The data on Xero will portray your financial position live in real time which will enable better opportunities for planning and decision making.
Your Xero subscription can be aligned with features your business requires and this can be altered if and when necessary.
Cashflow Manager is recommended by the ATO to replace E-Record and is extremely easy to use; here at Insight Accounting we can help you set up your file and train you to maximise the use of features within Cashflow Manager. There are a number of add on modules which allows Cashflow Manager to cope with the demands of many small businesses.
Both Xero and Cashflow Manager will produce reports that help you complete your BAS’s and keep track of how your business is performing. If like many business owners you would prefer someone else to deal with the record keeping and reporting every quarter you can bring in your receipts and invoices and we will do the rest for you.
Insight Accounting is keen to work with you to provide the most suitable outcome for your BAS reporting and bookkeeping needs.