Bookkeeping & Payroll

Our Services include:

Bookkeeping Services

Stay on top of your business finances with our comprehensive bookkeeping solutions. We take care of the details so you can focus on growing your business. Our Bookkeeping Services include:

• Transaction Recording: Accurate tracking of all income, expenses, and financial transactions.
• Bank Reconciliations: Match bank statements with your records to ensure accurate cash flow management.
• Accounts Payable and Receivable: Monitor outstanding invoices and manage payments effectively.
• Financial Reporting: Access clear, customized reports such as Profit and Loss Statements, Balance Sheets, and Cash Flow Statements.
• GST Compliance and BAS Preparation: Ensure your records are ready for GST lodgement and meet ATO requirements.
• Cloud-Based Solutions: Streamline your bookkeeping with modern platforms like Xero, QuickBooks, and MYOB.

Our Payroll Services

Managing payroll can be complex and time-consuming, but it’s crucial to keeping your employees happy and your business compliant. Money Mentors Australia simplifies payroll management so you can ensure timely and accurate payments every pay cycle. Our Payroll Services include:

• Payroll Processing: Seamless calculation of employee wages, overtime, bonuses, and leave entitlements aligned with Fairwork recommendations.
• Superannuation Management: Ensure accurate superannuation contributions for all employees in compliance with Australian regulations.
• Single Touch Payroll (STP) Compliance: Stay updated with the ATO’s STP reporting requirements.
• PAYG Withholding: Accurately calculate and report PAYG tax on employee salaries.
• End-of-Year Reporting: Generate and distribute Payment Summaries and ensure compliance with ATO standards.
• Employee Onboarding: Set up new employees efficiently with complete payroll registration and documentation.