Essential Office Solutions https://www.essentialofficesolutions.com.au Essential Office Bookkeeping & Accountants Mentone Melbourne Wed, 10 Apr 2019 04:22:34 +0000 en-US hourly 1 https://wordpress.org/?v=5.4.2 Bookkeeping-the meaning of Bookkeeeping? https://www.essentialofficesolutions.com.au/2019/04/08/what-is-the-meaning-of-bookkeeeping/ https://www.essentialofficesolutions.com.au/2019/04/08/what-is-the-meaning-of-bookkeeeping/#respond Mon, 08 Apr 2019 06:23:42 +0000 https://www.essentialofficesolutions.com.au/?p=400 (03) 9585 2255

Bookkeeping is the recording of financial documentation and transactions, and in an addition it is a essential part of the accounting process of a business. Likewise transactions include receipts, purchases, sales, and payments by individuals other businesses and or organizations. Why is this important? When Bookkeeping is done accurately , it shows the state how your business is going financially and also as important for how much Tax to pay. [you don’t want to overpay do you?] Therefore call us on(03) 9585 2255or visit www.essentialofficesolutions.com.au for more info

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Xero Bookkeeping Services-Mentone Melbourne https://www.essentialofficesolutions.com.au/2019/01/14/xero-bookkeeping-accountant-services-mentone-melbourne/ https://www.essentialofficesolutions.com.au/2019/01/14/xero-bookkeeping-accountant-services-mentone-melbourne/#respond Mon, 14 Jan 2019 05:01:53 +0000 https://www.essentialofficesolutions.com.au/?p=376 Xero Bookkeeping Office Services

(03) 9585 2255
https://www.essentialofficesolutions.com.au


You do not want to contact us when things are so desperate for your business and about to go under!! Properly keeping and keeping account track of your books is an excellent way to you can grow your business and avoiding future potential financial disasters. With our bookkeeping Mentone and Melbourne advisors, you are able to grasp a complete understanding of your cash flow so that you can determine your business planning with an informed, knowledgeable calculated outlook.

Essential Office Solutions provides you with outstanding Xero bookkeeping services in Mentone and Melbourne, to help you accomplish this goal. We are a Xero Advisor, which enables us to offer you comprehensive Xero setup and training services you need to help your business. Xero cloud accounting is the ideal business accounting software for small to mid-sized business owners.

Online Accounting

After we help you setup Xero, it allows you to log in online anytime from anywhere. This is a great convenience for you and easy for you to see up-to-date business financials so you can make immediate informed decisions without delay or regret.

Xero Bookkeeping Accounting Dashboard

Here in the Xero Dashboard to see all of your , invoices, bills,
bank balances and expense claims right in front of you? Maybe you want to be able to add new transactions with a click? Xero allows you to do all of this with a helpful dashboard.

On Automatic Bank Reconciliation

Xero categorizes and imports your latest bank transactions for you. All you need to do is simply click “OK” instantly reconciles.

Clever Reports


In real time viewing and sharing interactive reports and budgeting is possible when you use Xero accounting software. This helps you continue planning for the future of your business without having to wait until the end of the month to see new reports.

Super Easy Invoicing

Look like a real professional, recurring invoices with the help of Xero. This saves time invoicing your clients and much easier. You will even receive updates when your client opens the invoices.

Quotes/Quoting

Create and manag quotes with the help of Xero Bookkeeping. This impressive accounting program helps you easilychange quotes into invoices when the work is done to help you quickly bill your clients with minimal delay so you get paid quicker.

Time to Claim Those Expenses

You can review and approve receipts on Xero and get Xero to handle all of your personal expenses. The best part all you need to do is take a photo of your receipts using your mobile smart phone, and they will be saved online for you.


Managing your cash flow-Entering the Bills


With Xero managing your cash flow is made easy. This helpful program you can schedule group payments and pay suppliers through the dashboard.

Export to Tax Software

With just a few clicks, you can export your tax file to import-ready tax software. You can also use this service to export a trial balance to upload into other tax software.

Mobile Devices

Even when you are not in the office, you can still be able to manage your business. Xero Touch for your mobile phone or tablet allows you to reconcile, send invoices, and create expense claims from anywhere on the planet.

Essential Office Xero Support Services

  • Xero Support
  • Xero Setup
  • Xero Training
  • Xero Tips

Contact us now to see how we can help you!

(03) 9585 2255

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BE AWARE OF YOUR GST LIABILITY 2019 https://www.essentialofficesolutions.com.au/2018/11/29/be-aware-of-your-gst-liability-2019-2/ https://www.essentialofficesolutions.com.au/2018/11/29/be-aware-of-your-gst-liability-2019-2/#respond Thu, 29 Nov 2018 00:38:58 +0000 https://www.essentialofficesolutions.com.au/?p=351 BE AWARE OF YOUR GST LIABILITY

If your small business is registered for GST, you will have been collecting GST from your customers via your tax invoices to your customers. GST is calculated as 10 per cent of the value of the supplied goods or services. Just a note if you use or considering using Xero or Myob we do Xero training and MYOB Training. Call for friendly advise 03 9585 2255

The GST you’ve been collecting needs to be paid to the ATO on a monthly, quarterly or annual basis – how frequently you pay depends on how frequently you are required to lodge your business activity statement (BAS).

When it comes to cash flow, GST is an outgoing that still sometimes manages to catch small business owners on the hop.

There are a few ways you can make your regular GST liability easier to manage. Some business owners open a separate bank account just for GST. When a payment is received, they transfer the GST component straight into their ‘GST’ bank account, thereby keeping the money they owe the ATO entirely separate to the money they’ve earned from the supply of their product or service.

Another way to incorporate efficiencies into your GST collection procedures is to utilise one of the business accounting software packages that are available. Accounting software such as MYOB or Xero can produce tax invoices and automatically generate reports of your GST liabilities and credits at BAS time.

Click here to learn more about how to make your BAS reporting and GST payments less taxing.

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Vend https://www.essentialofficesolutions.com.au/2018/08/08/vend/ https://www.essentialofficesolutions.com.au/2018/08/08/vend/#respond Wed, 08 Aug 2018 09:52:52 +0000 https://www.essentialofficesolutions.com.au/?p=195 At Essential Office Solutions, we work with a large number of retail clients. We know how demanding the retail environment can be for small business owners, which is why we set out years ago to find a user-friendly point-of-sale inventory software package.

We found it in Vend.

Vend makes it easy for you to stay ahead of the competition. It’s a powerful inventory management that simplifies purchase orders, transfers and stock-takes.

It works on iPad, Mac and PC, and is compatible with Xero, automatically pushing daily sales totals into Xero for reconciliation with your bank account.

When you use Vend, your data is safe. It’s backed up several times a day on secure servers.

And, importantly, Vend continues to work even if your internet connection doesn’t. Your data will automatically synchronise the next time you connect.

Talk to us today about an obligation-free trial of Vend. We have wealth of experience in setting up and customising the product for our clients, and we’re ready to train you (and your team) on all its features and benefits.

 

POINT-OF-SALE & PAYMENTS

Offer a beautiful check out experience, accept any type of payment, and easily connect POS hardware.

CONTACT US FOR A FREE TRIAL

 

PRODUCTS

Easily add, edit and remove products, including stock changes and taxes.

CONTACT US FOR A FREE TRIAL

 

INVENTORY

Powerful inventory management that simplifies purchase orders, transfers and stock-takes.

CONTACT US FOR A FREE TRIAL

 

CUSTOMERS

Keep track of your customers with flexible organising and reporting tools.

CONTACT US FOR A FREE TRIAL

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Unleashed https://www.essentialofficesolutions.com.au/2018/08/08/unleashed/ https://www.essentialofficesolutions.com.au/2018/08/08/unleashed/#respond Wed, 08 Aug 2018 09:51:21 +0000 https://www.essentialofficesolutions.com.au/?p=191

Unleashed is an easy-to-use cloud-based solution that total control of your stock and supply-chain, all in the cloud.

With Unleashed, you can instantly update product details and stock on hand information across all your sales and inventory channels.

Best of all, Unleashed is ready to integrate with Xero and Vend.

Essential Office Solutions is an Unleashed trained professional partner, so we’re equipped to help you manage your transition to the cloud. We’re also your first line of call if you encounter any issues or simply have a question.

A number of our clients use Unleashed for their inventory control, so we know how to manipulate the data so you can get the most out of the system.

Contact us now for a free trial and to discuss how you can use the power of Unleashed in your business.

Easy Business Intelligence

Gain powerful insights and conduct in-depth analysis of your data

Create grid layouts, select and group columns, change position, visibility and width. Ability to group fields in the grid, and display a sub total per group. Design your grid layout and save it as a template. Allows you to select from a list of saved layouts, or choose one to be the default template.

CONTACT US FOR A FREE TRIAL

Detailed Product Masters

Store an unlimited number of stock SKU’s

Unleashed provides over 40 fields to help identify and accurately report on your products. The intuitive layout and designs makes working with large stock files a breeze.

CONTACT US FOR A FREE TRIAL

Multi Channel Synchronization

Synchronize your stock across all your sales channels

All your products and stock on hand information instantly updated across all of your sales and inventory channels. Update your stock information in one place and have those changes reflected across all of your stock locations means no re-keying or double handling.

CONTACT US FOR A FREE TRIAL

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WorkflowMax https://www.essentialofficesolutions.com.au/2018/08/08/workflowmax/ https://www.essentialofficesolutions.com.au/2018/08/08/workflowmax/#respond Wed, 08 Aug 2018 09:48:49 +0000 https://www.essentialofficesolutions.com.au/?p=188 As a small business ourselves, we understand the importance of incorporating efficiencies into the everyday running of your small business.

In our office, we’ve been using WorkflowMax since early 2012. We believe it’s given us the edge when it comes to continuous improvement in quality, processes and productivity

WorkflowMax is an inexpensive software solution that allows us to transparently manage every aspect of our day-to-day operations; from quoting to invoicing, time sheeting to invoicing and everything in between.

Essential Office Solutions is a WorkflowMax partner. We’ve been trained in the fundamentals of the application, and are certified to assist with setup, implementation, and training of the software.

This means we’re well and truly equipped to make sure our clients are maximising their use of the software to create time to grow their businesses. We will work with you to ensure a smooth transition of WorkflowMax into your business, and over time we’ve figured out some fabulous work arounds to ensure you’re getting the most out of your data.

Fill out the enquiry form now to learn more about how you can harness the latest technology to make light work of your bookkeeping.

TIMESHEETS

Flexible time entry means there is a method of input to suit everyone. Use a stopwatch, a daily time sheet, a weekly time sheet, a desktop widget or a mobile device to input your time entries.

CONTACT US FOR A FREE TRIAL

JOB TRACKING

Get maximum visibility on your jobs. Know who is working on what, when and how long it has taken.

CONTACT US FOR A FREE TRIAL

INVOICES

Powerful billing makes generating invoices off actual time, estimated value, or fixed fees simple and easy.

CONTACT US FOR A FREE TRIAL

COLLABORATION

Improve information sharing amongst the team and with your clients by sharing notes, and emails on a job.

CONTACT US FOR A FREE TRIAL

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MYOB https://www.essentialofficesolutions.com.au/2018/08/08/myob/ https://www.essentialofficesolutions.com.au/2018/08/08/myob/#respond Wed, 08 Aug 2018 09:47:29 +0000 https://www.essentialofficesolutions.com.au/?p=185 If you prefer to keep a copy of your data file on your desktop, then MYOB is for you.

MYOB accounting software gives you the tools to easily manage your invoicing, expenses, GST, inventory and payroll. It’s a well-designed, intuitive system that is specifically designed for straightforward use.

An Australian accounting software product, MYOB understands the Australian accounting system and our taxation environment.

There’s a range of add-on solutions available that will help you increase the functionality of your software, including ways to make paying staff super easier, get invoices paid faster and simpler ways to build reports specific to your business.

At Essential Office Solutions, we’ve been using MYOB since 1993. We thoroughly understand its intricacies and love that it offers the flexibility to be specifically customised for individual business.

Principal Katrina Aarsman is a MYOB Certified Consultant which means you have instant access to a specialist who can help you sort out all your needs – from installations through to networking complex systems.

Talk to us today about how you add more muscle to your existing MYOB platform. Drop us a line via our enquiry form or call us on (03) 9585 2255.

The MYOB Product Range

AccountRight Live – Basics

AccountRight Live – Standard

AccountRight Live – Plus

AccountEdge – Basics

AccountEdge – Network

AccountEdge – Pro

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Xero https://www.essentialofficesolutions.com.au/2018/08/08/xero/ https://www.essentialofficesolutions.com.au/2018/08/08/xero/#respond Wed, 08 Aug 2018 09:45:19 +0000 https://www.essentialofficesolutions.com.au/?p=176 With Xero you can instantly see all your bank balances, recent sales and upcoming bill, reconcile foreign currency accounts, process your payroll quickly and efficiently, and receive up-to-date financial reporting. It’s mobile friendly, which means you can do your invoicing, manage your expenses and track cash flow on the go.

Essential Office Solutions is a Xero Certified Adviser (Silver Partner) and a Xero Payroll Specialist. We’ve been assigned our own Xero account manager who’s available to help us help you sort out even the most confounding dilemmas – if we don’t already know the answer ourselves.

Try the world’s easiest accounting software today – you’ll soon see why so many people around the world love Xero.

Sign up for your free trial through us and you’ll be able to take advantage of our exclusive Silver Partner extended trial period.

ONLINE ACCOUNTING

Run your business and access your accounts from work, home or on the go. Invite others to view your accounts and provide valuable real-time advice. Your data is completely secure even if your computer is lost or stolen.

TRY XERO FOR FREE

 

BANK RECONCILIATIONS

Get your bank statements imported and categorised automatically. Including credit cards, PayPal and support for over 160 foreign currencies. It’s effortless to keep your accounts accurate and to up-to-date.

TRY XERO FOR FREE

 

INVOICING

Get better control over income & revenue by scheduling your accounts receivable. Create and send professional invoices automatically & get paid online. Payments, returns and credits are tracked automatically.

TRY XERO FOR FREE

 

ADD-ONS

Manage all aspects of your business by integrating your account with advanced payroll, CRM, inventory management systems, plus a wide range of other specialised software. Setup is so easy, you can be up and running in a minute.

TRY XERO FOR FREE

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Services for Accountants https://www.essentialofficesolutions.com.au/2018/08/08/services-for-accountants/ https://www.essentialofficesolutions.com.au/2018/08/08/services-for-accountants/#respond Wed, 08 Aug 2018 09:24:59 +0000 https://www.essentialofficesolutions.com.au/?p=172 Business accounting services

When it comes to working with accountants, we have excellent working relationships with numerous accountants. We have a proud history of collaborating with other trusted professionals to help you complete your books and meet your compliance obligations quickly and efficiently.

Our end-of-year Accountants Pack includes all the essentials your accountant needs to lodge your company tax, neatly presented in a format that’s designed to save him or her time – and save you money.

We utilise efficiencies such as WorkflowMax and we know what accountants are looking for when it comes to end-of-year. Most of our team have previously worked with tax accountants or agents, so we speak the same language and can highlight any items that may need further investigation.

Small business accountants and bookkeepers working together

Often we’ll invite your accountant to meet with us to discuss the best way to resolve any issues or to confirm how we should treat any credits or debits we’re not sure about.

That’s because when it comes to your accounts, we never make assumptions – we always take the time to check any discrepancies with you, your accountant or another tax expert if we need to.

We find this a great way for us to make sure we understand the intricacies of your business so that we can provide you with the most cost-effective service possible.

Financial advice to help you achieve your goals

If your accountant provides business accounting services that may be beneficial to your business (such as financial advice or strategic planning), we’ll let you know.

After all, our goals are the same. We both want the best financial outcome for you and your business, with the least amount of fuss. We both a have a vested interest in saving you and your small business time and money.

If you don’t already work with one, we can help you find an accountant in your area, whether it’s the Melbourne CBD, the south east suburbs of Melbourne or Bayside.

Streamline your bookkeeping and tax today by putting us in touch with your accountant – we’ll do the rest. We’ll contact your accountant to discuss how we can work together to help you simplify your operations and grow your business.

Call us on (03) 9585 2255 or send us an email via the enquiry form.

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Debt Collection https://www.essentialofficesolutions.com.au/2018/08/08/debt-collection/ https://www.essentialofficesolutions.com.au/2018/08/08/debt-collection/#respond Wed, 08 Aug 2018 09:23:48 +0000 https://www.essentialofficesolutions.com.au/?p=169 Debt collection dilemmas resolved

Is late payment of invoices holding your small business back? Perhaps you have money outstanding that you’re wondering if you’ll ever see.

Invoicing your customers for work completed is an important process, but ensuring that you get paid on time is crucial.

No matter what type of business you have or what stage of the business life cycle your business is currently working through, cash flow is an issue that regularly holds small businesses back.

Cash flow counts

Cash flow is the lifeblood of every business and keeping a regular flow of income into your business bank accounts is crucial. Getting it wrong is a recipe for disaster.

Nearly every week we read reports about the reasons that many small businesses close after a short period of trading. Without fail, all of them list cash flow dramas as one of the top contributors.

Don’t let your small business become a statistic.

Time is money

Don’t waste your precious time following up unpaid invoices and making calls to customers. Maximise your cash flow and free yourself up to focus on your core business by letting us take over the collection of your debts.

Stop worrying and start outsourcing today. Pick up the phone and talk to the debt collection experts on(03) 9585 2255.

We have the time and resources ready to spring into action to get your money back where it belongs – in your pocket.

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