Professional Bookkeeping Service

currency with accuracy

www.pbservice.com.au

Keeping You Out of Trouble

Professional BAS Agent ServicesEst. 1983

Contact2

Unit 8, 45 Normanby Road

Notting Hill Victoria 3168

Telephone 03 9535 5700

Facsimile 03 9535 5701

Email info@pbservice.com.au

www.pbservice.com.au

Keeping You Out of Trouble 4

What is a BAS Agent? 5

BAS 6

Payroll 7

General Ledger 8

Debtor and Creditor Control 9

Virtual Office and Administration 10

Our Difference 11

Contents3

Financial Admin VirtualBAS Debtors Creditors Payroll

At Professional BAS Agent Services everything we do is focused around one mission:

“Currency with Accuracy”

We deliberately chose that motto to touch any number of strings with our clients.

But to us, its message is clear: At Professional BAS Agent Services our purpose is to offer the

most up-to-date knowledge, expertise and procedures when it comes to keeping businesses

out of trouble.

In fact, it’s more than a mission. It’s our promise.

At Professional BAS Agent Services, we’ve been working with businesses in Australia

for over thirty years.

When we opened our doors in 1983, we knew that businesses,

no matter their size, needed a hands-on team to take away

their day-to-day compliance pressures.

Our dedication to this mission grew with the introduction

of Australia’s Goods and Services Tax (GST).

The record keeping and reporting strains on businesses

exploded and with them came the penalties for

non-compliance: in other words, trouble.

In this brochure you’ll learn about the personalised

services we offer – and why for over three decades,

our clients have agreed, our currency is very

accurate indeed.

Keeping You Out of Trouble4

“BAS” stands for Business Activity Statement and “BAS Provisions” are what BAS Agents spend their days, head down, rummaging through on your behalf.

BAS Provisions cover numerous core interactions when running your business.

These include administering Goods and Services Tax, Pay as You Go Withholding Tax,

Fuel Tax and the Superannuation Guarantee.

The registration process for a BAS Agent is thorough. Education and experience

requirements ensure competency in GST and BAS principles. A BAS Agent must meet the

standards of a Fit and Proper Person. The Tax Agent Services Act 2009 Regime sets the

rules and the Tax Practitioners Board governs them.

Did you know that not all bookkeepers are BAS Agents?

Why? Because – BAS Agents are highly trained and regulated professionals:

“bookkeepers” are not.

That’s why you need to take care when you see the phrase “We Do BAS”. For as of March 1st,

2010 – not everybody legally can.

The legislation, regulation and paperwork involved with BAS compliance can be mind numbing

to most business people; after all, you’re busy providing goods and services of your own.

But it’s different for a registered BAS Agent. A competent BAS Agent gives you peace of mind.

For now, just know that more than ever you need the services of a BAS Agent.

At Professional BAS Agent Services, a team of leading registered BAS Agents is waiting

for your call.

What is a BAS Agent?5

Professional BAS Agent Services offers not just one – but a team of highly trained registered BAS Agents to manage your needs. We’re proud of that.

Founder Helen Stenhouse, a registered BAS Agent herself, leads our BAS professionals

in a manner that ensures a level of enthusiasm and business acumen that only an expert

with over four decades’ experience can inspire.

Our BAS team exists for one unified purpose: to take the burden of BAS preparation,

reporting and worry off your desk – to keep you out of trouble.

That means giving you competent service when it comes to:

■ Goods and Services Tax

■ Business Activity Statements

■ Instalment Activity Statements

■ Fuel Tax

■ Payroll

■ PAYG Withholding Tax

These are complex matters and our abilities extend beyond the preparation and lodgment

of paperwork. With your permission, we can also represent you in your dealings with the

Australian Taxation Office (ATO) and liaise with your accountant, solicitor, bank manager

and other key advisors.

Our BAS Agents, together with our streamlined BAS preparation facilities, will keep

you compliant.

At Professional BAS Agent Services, BAS is our “business” and we’re fully covered

with Professional Indemnity Insurance as part of that guarantee to you.

BAS6

BAS

Payroll administration can suck the time out of a clock faster than any activity in business. More so, get it wrong and the costs to productivity and in law, can be equally enormous.

Your employees rely on you for accurate, efficient and worry-free organisation when it comes to

the payment of their wages, salaries, bonuses and entitlements. The same goes for deductions

and superannuation.

There’s no greater disincentive than paying people incorrectly, delaying deposits to their bank

accounts or presenting them with the message that their entitlements have been calculated

incorrectly due to a “glitch”.

Few business owners, however, possess the knowledge and resources to handle this burden

in-house.

That’s why our clients rely on Professional BAS Agent Services for their payroll.

Taking instruction from you regarding Award coverage and pay rates, we offer the expertise

to take over and customise a seamless total payroll administration solution that meets

your specific needs.

Our payroll services include:

■ Payroll processing

■ Payslips

■ PAYG Withholding Tax

■ BAS and data reporting

■ Superannuation compliance

■ Payroll Tax

■ Employee PAYG Payment Summaries

■ End of Financial Year employee compliance

■ WorkCover administration

■ WorkCover Declaration of Rebatable Remuneration

At Professional BAS Agent Services we stay up to date with payroll law,

ensure your payroll compliance and we restore your focus to what

matters – running your business.

Most importantly, we reconcile everything. And that makes us unique.

Our team of registered BAS Agents gives you a powerful payroll edge.

Payroll7

Payroll

Commerce has come a long way since the Franciscans first wrote about double entry accounting in the fifteenth century.

Yet, five hundred years on, and the General Ledger remains the financial nerve

centre of a business.

The General Ledger is the backbone of your compliance – essential for the inputting and

calculation of transactions impacting BAS, payroll and GST. All reporting relies on it and its

accuracy determines the usefulness and legality of the financial data you produce.

Professional BAS Agent Services can assist with the suitability, implementation, familiarisation

and operation of your General Ledger system whether manual, desktop or cloud.

Combined with our expertise you will achieve:

■ Impeccable financial records

■ Streamlined General Ledger set-up and operation

■ GST and BAS returns

■ Bank and credit card reconciliations

■ Inter-company reconciliations

■ Petty cash management

■ Budgetary planning

Professional BAS Agent Services will track your GST payments

and collections, calculate your GST obligations and ensure

that your GST is fully compliant.

More than anything, a good General Ledger platform will

keep you “GST trouble-free”.

General Ledger8

FinancialBAS Debtors Creditors Payroll

Healthy cash flow. It’s what every business needs and it requires up to date accounts receivables.

Nothing can hurt a business more than a bad debt at a time when money has already been

allocated or expenses are falling due. Yet, many businesses suffer this fate.

It’s usually a factor of not having the time or the expertise. In the end, you simply hope your

customers remember to pay, pay often and won’t require an uncomfortable follow-up.

But that’s a dream.

Professional BAS Agent Services offers the skill and experience to jump in with an

“all bases covered” debtors solution.

Our account receivable services include:

■ Invoicing and receipting

■ Debtor management

■ Statements

■ Debtor reconciliation

Creditors too can hit your business in undesirable ways. At minimum, late payments may dent

your market reputation – worse – penalties, interest charges and your credit rating are at stake.

No one wants to be a bad debtor and when it comes to your accounts payables,

our solution is also “all bases covered”. It includes taking care of your:

■ Supplier invoice processing

■ Payment scheduling and processing

■ Creditor reconciliation

Your business relationships take effort to build. Why risk them through

a lack of resources in handling their follow-through? At Professional

BAS Agent Services we’ll take care of your accounts workflow –

debtors and creditors alike.

Debtor and Creditor Control9

Debtors Creditors

Growing your clientele, developing your products, honing your services – that’s where you want to be.

Let’s be honest. Often times there’s no glory working behind the scenes.

Yet, every business requires an administration. And running an office isn’t cheap.

At Professional BAS Agent Services, we’re ready to step in as your “behind the scenes” business

helper too.

Our full suite of virtual office services includes:

■ Live telephone answering

■ Phone and email customer service

■ Correspondence

■ Filing

■ Data entry and processing

■ Private accounts administration

■ Clerical support

■ Ad hoc assistance

Our aim is to enhance the way your business operates – and if that means keeping your

spreadsheets in order, ensuring the accessibility of your files or taking messages

– we’ll make it happen.

It starts with an in-depth chat. We’ll talk about your business, its story, its culture and its goals.

We’ll then become a part of your extended team: speaking with your “voice”.

The overall effect is a virtual office that to outsiders gives your operation

the feel of a bustling establishment – and you, more free time.

Virtual Office and Administration10

Financial Admin Virtual

Keeping you out of trouble when it comes to BAS, GST and payroll – that’s our business.

Keeping you out of trouble when it comes to BAS, GST and payroll – that’s our business.

Our team of registered BAS Agents at Professional BAS Agent Services gives you this

peace of mind.

And we’re unique in many ways:

Registered BAS Agents – we’re registered BAS Agents. Remember,

only a BAS Agent can provide BAS Provisions. Take care when you’re

told that someone “does BAS”.

No minimum hours – we only charge for the work you need. You should

never accept a demand to pay for a minimum block of hours.

Flexible working arrangements – we work on and off-site as suits your needs.

We’ll happily come to you.

Reconciliation – we reconcile everything. You should never accept a service

that doesn’t.

No mandatory software – we’re experts in numerous General Ledger solutions.

The General Ledger is the core of your record keeping and compliance.

You can choose how and where it runs.

Experience – we’ve been helping businesses for over thirty years.

Our Mission – “Currency with Accuracy” is our motto and that

means we’ll always keep you out of trouble.

Full Compliance – your BAS, GST and payroll will always comply

with the law.

So give us a call for an in-depth chat. At Professional BAS Agent Services, “trouble-free” is your guarantee.

Our Difference11

Financial Admin VirtualBAS Debtors Creditors Payroll

Professional Bookkeeping Service

currency with accuracy

www.pbservice.com.au

Professional BAS Agent Services ABN 28 892 332 984

Registered BAS Agent 85867000

Postal Address

P O Box 4595 Mulgrave Victoria 3170 Australia

Office Address

Unit 8/45 Normanby Road Notting Hill Victoria 3168 Australia

Telephone 03 9535 5700 Facsimile 03 9535 5701 Email info@pbservice.com.au

www.pbservice.com.au

Formerly Professional Bookkeeping Service © 2014 Professional BAS Agent Service