Business Services

Payroll management is more than just processing numbers; it entails discovering and maximizing tax efficiencies as well as providing exceptional service. At Business Square our payroll experts fully understand the Australian payroll landscape and will take the pressure off your business without compromising on efficiency and accuracy. Our services include:

• Wages
• Pay slip preparation
• Calculation of payroll
• Annual Group Certificates
• Workers’ compensation preparation and lodgment
• Monthly and quarterly superannuation calculations
• ATO Group certificate reconciliation
• Calculation of payroll tax and annual reconciliation
• Payment of superannuation

We provided customized solution to suit your specific business needs, our payroll solution gives you peace of mind, knowing your payroll will be processed on time.

We understand that for your business the fluctuating volumes of invoices arriving in every possible format, manual keying of data into systems and inefficient approval workflows, the probability of errors, lost documents and non-compliance is high. At Business Square we provide customized solution based on your business need to improve efficiency by reducing invoice processing costs by taking advantage of our customized AP packages. We provide following services:

• Record invoices
• Reconciliation of statements
• Drawing of cheques or organisation of electronic payments
• Liaise with suppliers on accounts payable queries, invoices and adjustments

Reconciliation forms an imperative part of any bookkeeping service of an organisation. It is a mode of error identification while processing payments and receipts which mostly gets overlooked. At Business Square we understand the importance of performing periodic reconciliation so that your business can have flawless reporting, impeccable recording of Financial Statements and accurate data entry validation. We provide following services:

• Monthly Bank reconciliation
• Verify entries that come through bank feeds against actual entries to determine whether or not there have been any bank discrepancies
• Bank charges, interest, merchant charges etc., are all entered from bank feeds and classified accordingly
• Cash book is reconciled against visual siting of statements to ensure that banks fees have downloaded correctly and all entries are correct in cash book and the bank has not incorrectly charged items on your accounts

We understand that not every business can afford an experienced, knowledgeable CFO on a regular full-time basis. we offer non-biased professional evaluation of your business so you can pinpoint which operations help you generate the most cashflow and which are depleting your valuable resources. We help our clients to prepare reports and structured advice on managing cashflow issues, budgeting and how to improve your bottom line.

By engaging our CFO service offering you can expect to see profitability improvements, improved management reporting as well as a more concise directed management team. This allows you to have more time to focus on your business in making better executive decisions.

We provide following services:

• Financial functions of your business
• Timely delivery of management reports
• Developing budgets and financial forecasts
• Development and monitoring of Key Performance Indicators
• 3-way Financial Forecast Modelling

At Business Square we provide administrative services for your SMSF. Due to constant changes in the legislation, it can be challenging to remain up to date, we can assist you in managing your compliance requirements cost-effectively.