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NEED A HAND with BOOKKEEPING, BANK RECONCILIATION, OR GST?

We take care of the mundane so you can relax

Honestly, who likes bookkeeping? You're not going to believe this, but we do...
Keeping track of your books is necessary for all business owners, as is filing GST returns if you're GST registered, but they don't have to be a drag. Focus on what you do best, while we handle your books 🤓

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BOOKKEEPING 101

What is bookkeeping?

Bookkeeping is the process of recording and reporting information about an organisation’s financial activities. Bookkeeping records important pieces of information such as sales and expenses, assets and liabilities.

Good bookkeeping practices mean your business maintains accurate records and makes sure that there are no discrepancies between what an organisation reports to the outside world and what actually happens within.

Why should I hire someone to do it for me?

You might ask yourself why a business needs to hire a bookkeeper. Why would you need someone to record and keep track of your finances, rather than do it yourself?

Alongside the legal requirements for you to accurately file these records with the IRD so that you pay the proper amount of GST, a key benefit is that you have someone keeping track of your money so that you can make sure you’re not spending more than you have coming in.

This is especially important if you’re a small business owner because it can be hard to keep track of everything when you're wearing all the hats. Give yourself one less headache, and gift yourself back some admin time.

WHAT'S ON OFFER

Beany's bookkeeping services

Reconciling your transactions and preparing GST returns.

Bank reconciliation

If you would rather be doing something else than reconciling your Xero file, let us do it for you. We love coding and checking and you can relax knowing it's all done right, and on time.

GST returns

We prepare your GST returns ready for you to review and pay. We also remind you of when and how much to pay, and even send an alert if you forget!
If you would rather be doing something else than reconciling your Xero file, let us do it for you. We love coding and checking and you can relax knowing it's all done right, and on time.
We prepare your GST returns ready for you to review and pay. We also remind you of when and how much to pay, and even send an alert if you forget!
Meet Caroline, your potential Xero Hero
Caroline, Beany's support and Xero advisor

Bank reconciliation? Let us help!

Performing a bank reconciliation is a necessary chore for all business owners. Essentially, you compare your record of sales and expenses against the records your bank has because bank statements are reliable financial records. The purpose of a bank reconciliation includes finding and fixing any errors, identifying wrong payments, tracking profitability rather than relying on your gut feeling, and getting prepared for tax filing.

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Struggling with GST returns?

Goods and Services Tax (GST) is a tax on most goods and services sold by businesses. While it feels like a tax on businesses, it really isn’t - it’s paid by people living out their day-to-day lives.​

Businesses act like tax collectors for the government – charging an additional 15% on top of each sale, which they later forward to Inland Revenue.

A business’s process of forwarding the GST to the government is called a GST Return. In New Zealand, GST filing frequency is monthly, 2-monthly, or 6-monthly. Your annual turnover will help you to determine your GST filing frequency.

FAQS

Frequently asked questions

Don’t see your answer? Reach out to us, we’d love to help!
You must be a Beany client and use Xero accounting software to access our bookkeeping services.Register and one of our team will reach out to learn about your business and your goals. They will offer the best way forward and if we're a good fit for each other. A quote will be provided for the services that were discussed.The next step is to accept the quote and complete onboarding. We can only start working with you once onboarding is finalised and we're officially your tax agent.
In order to provide an exact cost we will need to understand more about your business to suss out the amount of work required each month.Some of the things we'll need to know are how many transactions you have each month, and how many business bank accounts and credit cards you have.
If you want one less hassle, we can prepare your GST returns for $57.50 per month.
Alongside the legal requirements for you to keep accurate records in order to correctly report to the IRD and pay the proper amount of tax, a key benefit is that you have someone keeping track of your money so that you can make sure you’re not spending more than you have coming in.If you're a small business owner, it can be hard to keep track of everything when you're wearing all the hats. Give yourself one less headache, and gift yourself back some admin time.
Once you've finished your ID checks and IRD authorities, our team will be busy in the background getting connected with your Xero file and Inland Revenue. If you had any third parties where we needed to do ID checks or get IRD authorities, we'll need to have these complete before we're able to start any work. Once this is complete, you'll receive an email introducing you to your new accountant along with a link to book a meeting with them. They will talk to you about your bookkeeping.

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