What We Offer

Keeping track of daily transactions is crucial for maintaining financial health. Our dedicated bookkeeping services ensure that all your financial data is accurately recorded and up-to-date. We provide:

• Transaction Recording: Detailed recording of all business transactions, including sales, expenses, payments, and receipts.
• Bank Reconciliation: Regular reconciliation of your bank statements to ensure your records are accurate and reflect real-time financial activity.
• Accounts Payable and Receivable Management: Management of invoices, payments, and collections to ensure smooth cash flow.
• Expense Tracking: Detailed monitoring of business expenses to help you manage costs effectively and stay within budget.

Our accounting services go beyond basic bookkeeping, providing deeper insights into your business’s financial health. We offer:

• Financial Reporting: Preparation of accurate financial statements, including balance sheets, income statements, and cash flow reports, giving you a clear view of your company’s performance.
• Profit and Loss Statements: Detailed reporting of your revenues and expenses, helping you assess profitability and make informed business decisions.
• Budgeting and Forecasting: Assistance with creating realistic financial budgets and forecasts based on historical data and future projections to guide your business strategy.
• General Ledger Management: Maintaining the integrity of your financial data by ensuring the accuracy and completeness of your general ledger.

Navigating the complexities of tax regulations can be a challenge. At Benchmark Partners, we simplify tax preparation and compliance, ensuring that your business stays on top of its obligations. Our tax services include:

• Tax Filing: Preparation and filing of business taxes, including income tax, GST, and payroll tax, ensuring compliance with the Australian Tax Office (ATO) and other regulatory bodies.
• Tax Planning: Strategic tax planning to help you minimize liabilities and take advantage of available tax deductions and credits.
• BAS and IAS Lodgment: Assistance with preparing and lodging Business Activity Statements (BAS) and Installment Activity Statements (IAS) on time, ensuring compliance with GST and PAYG requirements.

Managing payroll can be time-consuming and complex. Our payroll services take the hassle out of payroll management, ensuring your employees are paid accurately and on time. We offer:

• Payroll Calculation: Accurate calculation of employee wages, bonuses, and deductions, including superannuation contributions and tax withholdings.
• Leave and Entitlement Management: Tracking employee leave, sick days, and other entitlements in compliance with Fair Work requirements.
• Payroll Tax Reporting: Preparation and submission of payroll tax returns in accordance with state regulations.
• Employee Payslips: Generation of compliant payslips for your employees, ensuring transparency and accuracy in every pay cycle.

To ensure that your financial records are accurate and free of discrepancies, we offer thorough reconciliation services for all accounts. This helps detect and resolve any inconsistencies in your financial data. Additionally, our team is prepared to support you in any internal or external audits by:

• Audit-Ready Financials: Ensuring that all financial documents and records are properly organized and compliant with auditing standards.
• Audit Support: Assisting with audit preparation, documentation, and responses to auditor inquiries to ensure a smooth audit process.

As part of our commitment to leveraging technology for greater efficiency, we provide cloud-based accounting solutions that give you real-time access to your financial data. We work with platforms such as:

• Xero
• QuickBooks
• MYOB These platforms enable you to manage your finances remotely, access up-to-date reports, and collaborate seamlessly with our team for streamlined accounting.