FlourishFM provides the following Bookkeeping Services:

Catch Up Specialists:

We specialise in bringing businesses that have fallen behind in their day-to-day bookkeeping up to date as quickly as possible and keeping them that way.

Paperwork is often the bane of most businesses. However, we see it as more than just record keeping. Up to date paperwork keeps you abreast of the profitability of your business, indicating what money is coming in and going out. We work quickly and thoroughly to sort through the clutter and present you with a clear picture of the success of your business.

Accounts Receivable:

Money owed by customers (individuals or corporations) to another entity in exchange for goods or services that have been delivered or used, but not yet paid for. Receivables usually come in the form of operating lines of credit and are usually due within a relatively short time period, ranging from a few days to a year. We help you keep track of what money is owing to you.

Accounts Payable:

An accounting entry that represents an entity’s obligation to pay off a short-term debt to its creditors. The accounts payable entry is found on a balance sheet under the heading current liabilities. We assist you in making the most of terms available to you while keeping your suppliers happy.

Bank Reconciliation:

A process that explains the difference between the bank balance shown in an organisation’s bank statement, as supplied by the bank, and the corresponding amount shown in the organisation’s own accounting records at a particular point in time. We use automatic bank reconciliation so that you are constantly up to date with a correct record of the money coming in and going out.

Payroll:

Payroll is crucial because payroll and payroll taxes considerably affect the net income of most companies. We ensure that all employees are paid accurately and on time with the correct withholdings and deductions, such as superannuation obligations.

Stock Control:

Good stock management will lower costs, improve efficiency and ensure production can meet fluctuations in customer demand. We establish systems to help you better manage your stock, keeping you profitable and freeing up your time to concentrate on bigger and better things!

BAS Preparation:

We take all the hard work out of this stressful time, so you can keep your eyes on the prize, using your abillities to make your business money and create the lifestyle you want.