We can help to prepare and lodge your BAS and IAS statements. We can also provide the final year-end adjustments for you or your bookkeeper. If you use other software we can easily transfer the data onto our own system. At the end of each year, we will send you the adjusting journal entries to ensure your annual accounts agree with ours.
Most businesses are required to prepare and lodge quarterly BAS Statements. Generally You must register for GST if:
- you run a business or other enterprise and your GST turnover is $75,000 or more (for non-profit organisations the threshold is $150,000 or more)
- you are a taxi (or Uber) driver, regardless of your turnover.
Once the June BAS has been lodged, the final accounts (if necessary) and tax returns can be quickly prepared.
BAS preparation should not take you very long, and if you are spending too much time then we are there to help you.