Bookkeeping, BAS & Business Setup

FAQs

Bookkeeping, BAS & Business Setup

Frequently Asked Questions

Find straightforward answers to common questions about working with The BAS Agents, organizing your financial records, and getting your business started.

  • We provide bookkeeping, BAS and IAS lodgement, payroll, business setup, and outsourced finance support for Australian businesses. We can discuss your current arrangements and help identify the services that suit your needs.

  • Yes. We provide Australia-wide support using cloud-based systems and remote communication. This allows us to work with your business without requiring regular office visits.

  • Book a consultation through our enquiry page. Tell us about your business, the support you need, and any upcoming deadlines. We will discuss your requirements and explain the next steps.

  • Pricing depends on the services required and the amount and complexity of the work involved. Contact our team to discuss your business and request pricing based on your needs.

Getting Started With The BAS Agents

  • Bookkeeping involves recording and organising business transactions, matching records to bank statements, and keeping financial information up to date. It helps you track income and expenses and prepare information for reporting.

  • The right frequency depends on your transaction volume and reporting needs. A business with daily sales may need frequent updates, while a smaller business may work with a weekly routine. Regular reviews help prevent records from falling behind.

  • Start with sales invoices, purchase receipts, bank and credit card statements, and details of any accounting software you use. If you employ staff, payroll records may also be needed. We will explain what applies to your business.

  • Let us know which periods need attention and what records are available. We can review the situation, identify missing information, and discuss the work needed to bring your bookkeeping up to date.

Bookkeeping & Financial Records

View Everyday Bookkeeping Checklist →

  • A business activity statement, or BAS, is used to report and pay certain business taxes. These can include GST, PAYG withholding, and PAYG instalments. The sections relevant to your business depend on your registrations and reporting arrangements.

  • Gather your sales and purchase records, bank statements, and relevant payroll reports. Check for missing documents, unresolved transactions, and significant business changes. Your BAS agent can confirm any additional information required.

  • Your applicable due date is shown on your activity statement. Reporting arrangements can vary, so confirm your lodgement and payment dates with your agent and agree on when to provide your records.

  • Yes. Businesses can lodge their own BAS through the available ATO channels or engage a registered tax or BAS agent. The BAS Agents provides preparation and lodgement support if you would like assistance.

BAS & IAS Lodgements

  • Yes. We offer support with company setup, ABN applications, and GST registration. We can also discuss bookkeeping and ongoing reporting support as you prepare to operate.

  • No. ABN eligibility depends on your circumstances and activities. Before applying, it is important to understand whether you are entitled to one. Our team can help you understand the application requirements.

  • No. An ABN identifies your business or organisation, while GST registration is a separate registration. If you are unsure about your GST status or obligations, we can help you review your circumstances.

  • Prepare a short description of your business, ownership plans, expected start date, estimated sales and expenses, and any existing registration details. Bring your questions too—you do not need to have everything decided before speaking with us.

Explore BAS & IAS Lodgements →

View BAS Preparation Checklist →

Business Setup & Registrations

View Business Setup Checklist →

Explore GST Registration→

  • Yes. We provide payroll support to help businesses manage pay runs, superannuation, and related reporting. We will discuss your team, pay schedule, and current processes to identify the assistance you need.

  • We may need details of your employee numbers, pay frequency, payroll software, current reports, and any outstanding issues. Our team will explain the information required and the agreed method for providing it.

Explore Payroll Services →

Still Have a Question?

Every business has different needs. If you cannot find the answer here, speak with The BAS Agents about your situation and the support available.

Payroll Support

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