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Bookkeeping, Taxation & Payroll

We come to you!

Servicing Brisbane CBD and Inner Suburbs

Handing over the reins of your accounts to a bookkeeper gives you more time to focus on your business and on the things that will grow your business. If you’re bogged down in reconciling records and the managing of day-to-day finances, there’s going to be less time for sales, marketing, strategy, purchasing, execution and more importantly…..you!

Here are some examples of how Cooley&Co can benefit you and your business:

Accounts Receivable

  • Generate and send out invoices as required
  • Follow up on, collect and allocate payments
  • Carry out billing, collection and reporting activities according to specific deadlines
  • Monitor customer accounts details for non-payments, delayed payments and other irregularities
  • Research and resolve payment discrepancies
  • Generate age analysis
  • Review Accounts Receivable aging to ensure compliance
  • Maintain accounts receivable customer files and records
  • Establish procedures for the processing of receipts and cash etc
  • Investigate and resolve customer queries
  • Communicate with customers via phone, email.Accounts Payable
  • Reconcile processes work by verifying entries and comparing system reports to balances
  • Charge expenses to Chart of Accounts (COA) by analyzing invoices/expenses reports; recording entries
  • Pay vendors by monitoring discount opportunities, scheduling and preparing payment runs, resolving purchase orders, contract, invoice or payment discrepancies and documentation, ensuring credits are received for outstanding return, issuing stop payments or purchase order amendments
  • Enter employee reimbursements, by receiving and verifying expenses reports and requests for advances
  • Maintains accounting ledgers by verifying and posting account transactions
  • Verifies vendors accounts by reconciling monthly statements and related transactions
  • Review of outstanding invoices on a weekly basis to ensure creditors are paid
  • Maintain historical records by filing documentation
  • Prepare invoice batches on a daily/weekly basis to ensure payments are processed in time for the weekly/monthly deadlines.
  • Create supplier records
  • Prepare journal entries to record cost allocations
  • Provide advice to vendors/clients regarding procedures relating to accounts payable, payments, travel claims and reimbursements
  • Respond to inquiries from suppliers, consultants/clients regarding the status of their payments
  • Prepare analysis of accounts
  • Produce monthly reports
  • Protects organisations value by keeping information confidential

Using online accounting software, here at Cooley&Co, we can remotely work on your accounts in real time. As your business changes, we work with you, taking on more or less as and when you need it

Here are some examples of how Cooley&Co can benefit you and your business:

  • Management reporting
  • Cashflow management
  • Budgets
  • Month End Journals
  • Profit and Loss reporting
  • BAS
  • IAS
  • Overseeing of Superannuation
  • Overseeing of Payroll Tax
  • Overseeing of Child Support
  • Bank statements
  • Overseeing of STP
  • PAYG statements
  • Provide Financial and Business Performance Information
  • Provide Management Accounting Information

Cooley&Cowork collaboratively and under the supervisionof qualified chartered tax advisorsso you can be rest assured that you have all the necessary foundations in place for regulatory and legislative requirements.

 

You can feel free to call Cooley&Co anytime, by taking advantage of our local Brisbane based service. It is also easy to arrange an in-person meeting as we come to you**.

 

** Travel time is charged.

Initial consultation is free.

Most businesses we deal with today agree that Payroll has become increasingly complex, overburdened with ever changing regulations and has become a specialized role within itself. Outsourcing Payroll to Cooley&Co, reduces the cost of your payroll function and mitigates significant risk.

Cooley&Co are professionals in payroll processing. We are members of the Australian Payroll Institute and keep up to date with legislation, awards and regulatory changes affecting your industry on a daily basis.

If you have outgrown or having difficulties with your current system, we also offer the seamless integration and administration of your current payroll functionality, into a single automated cloud based software system which is a very cost effective and error free solution.

This automated process is very accurate, eliminates human error in complex calculations around tax obligations, superannuation payments, leave calculations, under/over payments and other erroneous issues that lead to financial and legal misjudgment.

Outsourcing your payroll function with Cooley&Co will not only ensure your business maintains compliance with current legislations and regulations in real time, it provides additional benefit of a sound company’s reputation when it comes to getting staff payments right.

Here are some examples of how Cooley&Co can benefit you and your business:

  • Maintaining electronic staff files
  • End to end payroll function
  • Payment of statutory and legislative requirements
  • PAYG, superannuation, Payroll Tax, Child Support Agreement
  • Annual Leave / Leave entitlements
  • Workcover
  • Performing account reconciliations
  • Monitor staff accounts for non, delayed and other enquiries
  • Produce monthly summary reports
  • Investigation and resolving any irregularities or enquiries
  • Answering all employee related enquiries
  • Manage, maintain Apprenticeship/Traineeship progression
  • Process Apprenticeship subsidy claims
  • Workplace relations
  • Maintain strict confidentiality with employee records between business relations, employees and the likes

You do not need to pay thousands of dollars to use a recruitment agency. We are a simple hourly rate to process the paperwork (in may cases 2-3 hours work plus cost of advertisement, plus any additional tasks set below).

  • Ad placement on SEEK under Cooley&Co
  • Manage enquiries
  • Screening
  • Background / reference checks
  • Qualifications
  • Police checks
  • License checks
  • Credit checks
  • Interview
  • Hiring
  • Facilitate letter of offers for candidates
  • Facilitate contracts for new staff
  • On-boarding / off-boarding processes
  • Performance reviews

Debt Collection

We have a highly skilled collections specialist onboard: please discuss any aged receivables / doubtful accounts with us to chart a course of action

New customer credit worthiness

When taking on new clients, allow us to provide
you with a very quick turnaround (30 minutes) credit
worthiness report. This will allow you to discreetly
assess the amount of credit you feel comfortable
extending to your new client. This is a simple 30 minute
charge-out rate. We can either make phone calls to their
current trading partners, or we have paid subscriptions
to many databases that allow us to facilitate
due-diligence without the customer knowing.

Keep us in your back pocket, you’ll never know when you need us!

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