Financial Reporting and Activity Statements

Financial Reporting
By efficiently managing your accounts payable, accounts receivable, and performing bank reconciliations, you’ll have timely, reliable, and accurate financial reports—giving you a clear and stress-free view of your business finances!
Why Accurate Financial Reports Matter?
As your bookkeeper, my goal is to provide clear and reliable financial reports—including your Profit & Loss, Balance Sheet, and Cash Flow Statement—so you can confidently manage your business.
With accurate and timely reports, you can:
✅See your business’s financial health at a glance.
✅Make informed decisions about spending, pricing, and growth.
✅Manage cash flow effectively to avoid shortages and late payments.
✅Track profitability and identify trends to boost revenue.
✅Stay tax-compliant and audit-ready.
✅Secure funding with solid financial data for lenders and investors.
✅Catch issues early before they turn into bigger problems.
With organized and up-to-date books, you’ll have the clarity and confidence to focus on growing your business while I handle the numbers!
Activity Statements
I’ll help you in preparing Business Activity Statements (BAS), Full BAS, and Instalment Activity Statements (IAS) using Xero, ensuring your tax obligations are accurate and submitted on time.
Here’s how I can help:
✔ BAS & Full BAS Preparation – I’ll generate and review your BAS, including GST reporting, PAYG withholding, and PAYG instalments, ensuring all figures align with your financial records.
✔ IAS Preparation – If you’re required to lodge an IAS, I’ll handle PAYG withholding and instalments for non-GST-registered businesses or monthly PAYG remitters.
✔ GST Review & Reconciliation – I’ll ensure your GST transactions are correctly recorded and reconcile your GST account to avoid errors before submission.
✔ ATO Lodgment Assistance – Whether you lodge manually or electronically, I can help you prepare and submit BAS/IAS through Xero, keeping you stress-free.
✔ Accurate Record-Keeping – I’ll maintain well-organized reports, helping you stay compliant and prepared for audits or tax season.
By keeping your BAS and IAS up to date, I’ll help you avoid penalties, manage cash flow better, and stay focused on growing your business.
Note: All figures and names are from a demo company and are used for illustration purposes only.