Bookkeeper Gold Coast
What can we assist with?
Day to Day Support
We pride ourselves on the expert management of the business-as-usual accounting-related activities of your company, encompassing everything from accounts payable and receivable, right through to reconciliations and data entry.
Our team is primied to offer cash-flow forecasting and budgeting services, equipping you with the knowledge needed to support decision-making and best serve your business today and into the future.
Saving You Time
Have you ever stopped to wonder whether you might be spending too much time working in your business, and not enough time working on your business? That’s where KR Accounts can help! By using our services, you’ll get precious time back to focus on your daily operations and all important business development.
Our Clients Love Us!
“I am so happy I have finally found a good bookkeeper I can trust and rely on for my business! Kirsty is such a pleasure to deal with, she is so friendly and goes beyond what is needed. I have never come across another bookkeeper as efficient and helpful as her. She truly cares and is always available when I need her help. Can’t recommend her enough!!”
Ashleigh – Ash Camille Makeup
About KR Accounts
KR Accounts is all about helping you boost the productivity of your business. Based in the Gold Coast area, we offer excellence in bookkeeping services, with specific expertise in the building and trades industries. Because of the nature of our client’s work, we understand bookkeeping tasks may not be a particular area of interest or expertise. With that in mind, your time would be much better spent managing the daily operations associated with running your business, as well as planning for its future success.
Let KR Accounts eliminate the time-intensive, administrative burden associated with your bookkeeping tasks. We’ll provide support with every aspect of your accounts work to keep your business moving, with crucial and useful information and advice provided relating to your current position, and where you should or could be focusing your energies in the future.
Our expert services include: BAS Agent Services, GST advice and support, Accounts payable and receivable, Reconciliations, Income activity statements, Reporting, Data entry, Single touch payroll.
At KR Accounts, our relationships with new clients tend to begin with a simple introductory phone call. We’ll have a high-level chat about your business and requirements, before organising a more in-depth face-to-face meeting. We’re passionate about taking all the time needed to deeply get to know you, your business, and your needs, goals and ambitions. We’ll use this knowledge to determine how we can best work together to deliver precisely the kind of support you need.
Once our working relationship officially commences, we’ll ask you for all the relevant financial files and documents needed to enable us to properly do our job. But what if these files don’t currently exist? It’s a question that gets asked a lot! And our response is simply that we’ll create them for you. What’s more, we’ll ensure we structure these files in a user-friendly way that will best serve your business and its team members over the long-term.
By meticulously reviewing all financial information relating to your business at the start of the process, we’ll identify and correct any errors, and build an accurate and up-to-date picture of your business and its current financial position.
Once this important groundwork has been laid, we’ll continually enter all new transactions into your new or existing system, while scoping out which of our services you’ll gain most benefit from going forward. All client relationships and arrangements are kept flexible, meaning they can evolve to suit your business over time. Afterall, our main goal is to establish long-term and trusted relationships with our clients, that will propel their businesses towards a successful future.
Why Choose Us
Many business owners find themselves becoming unnecessarily stressed over the long hours associated with their bookkeeping duties. Luckily for businesses on the Gold Coast and surrounding areas, this side of your business can be placed into expert hands, with zero fuss. By taking this step, you’ll enjoy the peace-of-mind that comes with knowing those important aspects of your business, including GST and BAS, are being managed by people who know exactly what they are doing, and are committed to working in your best interests while always remaining compliant.
Expertise with trades and building clients
It is our long-standing involvement with trades and building clients in the Gold Coast area that really sets us apart in this space. We know the industry inside and out, and have an acute awareness of what our clients need from their bookkeeping services.
Knowledge of what every small business needs from its bookkeeperBecause of our vast and unique experience, we know exactly what a small business needs from its bookkeeper in order to support productivity and success, through both the highs and the lows. A big part of this knowledge comes from having a team with experience in successfully building and growing businesses in the past.
A commitment to serviceWe set up KR Accounts with a specific goal in mind. We wanted to offer a bookkeeping option with a team that takes pride in what they do, is committed to offering unmatched levels of customer service, and strives to develop ongoing relationships. We have quickly developed a solid reputation across the Gold Coast for effectively looking after the bookkeeping needs of small local business, interstate and international companies, and pretty much everything else in between!
Ongoing advice on the status and future of your businessBy educating and immersing ourselves in the everyday operations of your business, we like to think we add year-round value with an impartial set of expert eyes, one step removed from the daily workings of your company. We can therefore offer a detailed yet straightforward overview of where you’re currently at, and the possibilities for the future.
Trust is paramount!Of course, we understand that to do our jobs properly and add the most value, we will be dealing with sensitive financial information from within your business. Obviously, there needs to be a high level of trust between yourself and KR Accounts. We’ll protect your confidential information by filing it securely, and acting with discretion at all times. We have developed our own stringent security protocols, which our team members keep top-of-mind during everything they do.
What is the difference between a bookkeeper and an accountant?
Bookkeepers are instrumental in the ongoing financial upkeep of your business. A bookkeeper is the person that assists you to manage the ongoing financial recording and transactions that keep your business operating smoothly. As bookkeepers, we pride ourselves on being detail-oriented. It’s the year-round external set of eyes that add real value, by presenting an impartial and accurate picture of the current state of your business that you can learn from and use in your planning.
Your accountant will be the person who analyses the data produced by your bookkeeper, reports on it, and is best suited to give you financial advice. Your accountant will also have a strong understanding of your taxation requirements, and will be best able to assist in that area.
What your accountant probably doesn’t do is take the kind of detailed look at what’s going on within your business that a bookkeeper takes. Our approach involves considering where improvements can be made in an ongoing, day-to-day capacity. KR Accounts bookkeepers pride themselves on being detail-oriented. It’s that year-round external set of eyes that adds the most value, equipping you with an impartial and accurate picture of the current state of your business.
Do bookkeepers do payroll?For sure. KR Accounts will gladly take on the ongoing administration involved with ensuring your staff are paid accurately and on time. After all, happy staff that feel valued and rewarded can provide an enormous boost to productivity and consequently your bottom line.
How much should I pay a bookkeeper?
The answer to this question is not a straightforward one. Basically, every client is different. Payments associated with your bookkeeping services will be based on the needs of your business. As we work to develop our relationship with you, we’ll ask all the necessary questions to gain a thorough understanding of your requirements, before offering a straightforward and honest breakdown of the likely costs associated with our services. At KR Accounts, we offer a pay-by-the-hour service or fixed price monthly packages, whichever suits you best.
Can a bookkeeper do tax returns?The short answer to this question is no. That responsibility will remain with your accountant. However, where KR Accounts adds value in this area is by ensuring your accountant receives easy-to-understand, accurate information in a timely fashion at the end of each financial year. This helps to ensure a seamless process when it comes to developing and delivering your tax return.
I am behind in my Business Activity Statement (BAS). How do I get up-to-date?Firstly, there’s no need to panic. Simply get in contact with the team at KR Accounts and we’ll identify exactly what needs to be done to bring you right back up-to-date. We can even organise an extension with the Australian Tax Office while we get your bookwork in order. This might include methodically working through and putting all your financial figures into a format that makes sense, before submitting your BAS return on your behalf. What’s more, we’ll do this quickly and accurately, to ensure you’re in a position of ultimate compliance in next to no time.
I’m not on Xero. Can I still use your services?
Yes, of course! FIrstly, Xero is one of the most well-known online accounting package options used to manage business financials in Australia. It essentially acts as a central portal, capturing, storing and displaying all crucial financial information in a user-friendly format. Other equally as useful packages include Quickbooks and MYOB. Having said that, we know some businesses are still storing all their financial information using their own manual systems. We’ll therefore work with you to set up the option that best meets the distinct requirements of your business.
Although it’s well worth having one of these systems in place in the long run for a whole host of reasons, if you’re a smaller concern reluctant to take this step, talk to us about it and we’ll explore the development of a manual approach using whatever current internal systems you have in place.
About Gold Coast
The iconic city of the Gold Coast can be found in the Australian state of Queensland, sitting approximately 66 kilometres to the south of Brisbane, the state capital, and just north of the neighbouring state border of New South Wales.
With a reputation for glitz and glamour, it attracts tourists from all over the country and indeed the world, thanks to its sunny climate, distinctive high-rise skyline, fancy resorts, reputation for golden sand surf beaches, world-famous theme parks and close proximity to the impressive rainforest hinterlands, with waterfalls and walking trails.
As of June 2018, the Gold Coast was estimated to boast a population of more than 679,000, making it the sixth-largest city in Australia and the largest non-capital city in the country.
The area is the traditional home of a number of Indigenous clans of the Yugambeh people, which include the Bullongin, Kombumerri and Tulgi-gi-gin clans. European settlers arrived in the early 1820s when explorer John Oxley landed at Mermaid Beach. The red cedar supply of the local hinterlands attracted an increasing number of settlers to the area and, as the nearby town of Southport developed a reputation as the perfect holiday destination, the area continued to grow. Consequent, over-inflated real estate prices resulted in the nickname of the ‘Gold Coast’ from around 1950, with this soon becoming a popular ‘catch-all’ way to refer to the holiday strip that stretched from Southport to Coolangatta.
Today the city boasts a large television and film production industry, providing the backdrop for popular TV shows and blockbuster movies made by producers from all over the world. It also famously played host to the 2018 Commonwealth Games, cementing its reputation as a destination for major sporting events.