What’s the difference between accounting and bookkeeping? Bookkeeping is the process of preparing “the books”.

Accounting includes:

• the interpretation,

• classification, and

• adjustments to "the books" for the purpose of preparing meaningful reports.

• Accounting also includes tax, budgeting, costing and measurement of results against a standard or another accounting period.

“Industry Surveys show that Australian Small Business’ are spending the equivalent of 50 working days per annum bogged down in paperwork.  For a self employed business person charging $50 an hour that equates to $20,000 in potential earnings lost every year”
(Herald Sun)

As accountants and bookkeepers we will assist you to break this load and get your system working for you. Not you working for the system. We can train you to input the correct information and when necessary reconcile your accounts at the end of each period. 

In co-operation with your tax accountant we will set up your system so that it matches your accountant’s figures. That process makes it so much easier for them to compile your tax obligations in a minimum of time and reduced cost. 

Let the accounting system produce the BAS for your and set your mind at ease. 

Qualitex Solutions can do the entire job for you or some of the work while checking your input to the system. Either way your business can only benefit from this working together. 

So let us give you that time back, to help your business reach its full potential.

Disclaimer
While qualified as Accountants, we are not registered accountants in public practice, nor registered Tax Practitioners nor Licensed Financial advisers. Clients must seek professional advice from authorised Practitioners in the appropriate fields.