Virtual Bookkeeping
At Nexstep Advisory, we recognise that accurate financial records are the backbone of any successful business. Our Virtual Bookkeeping services provide reliable, efficient, and cost-effective solutions to keep your financials organised, ensuring you have the insights needed to make informed business decisions.
Pay Only for What
You Need
Hiring an in-house bookkeeper comes with added costs—salaries, benefits, office space, and more. With Nexstep Advisory’s Virtual Bookkeeping services, you only pay for the support your business requires. Our flexible, fixed-price packages ensure predictable expenses, so there are no surprises come tax time.
Expertise Without
the High Cost
Hiring a full-time bookkeeper can be expensive, and finding someone with the right expertise isn’t always easy. With Nexstep Advisory, you get highly qualified professionals at a fraction of the cost, delivering expert insights to help your business grow.
Real-Time Access to
Your Finances
Stay in control with instant access to your financial data, anytime, anywhere. Whether you use Xero, QuickBooks, or another cloud-based system, we keep your records up to date and accessible. Simply upload receipts and invoices digitally—no more paperwork hassles.
Free Yourself from
the Paperwork
Managing your own books can be time-consuming and stressful. Mistakes can lead to compliance issues, cash flow problems, and lost opportunities. Our Virtual Bookkeeping services take the burden off your plate, so you can focus on running and growing your business with confidence.
What's included in our Virtual Bookkeeping Services
Bank Reconciliation
Bank reconciliation, or bank rec, can be a tedious task, but it’s essential to ensure your bank transactions align with your financial records. NexStep Advisory takes this burden off your shoulders, ensuring accuracy and resolving any discrepancies promptly.
Accounts Receivable
Managing your sales invoicing is key to maintaining healthy cash flow. As trusted bookkeeping experts, we ensure your invoices are recorded accurately, helping you track payments from your clients. This clarity allows you to manage customer relationships, ensuring you’re not acting as a bank for slow payers.
Cash Flow Advisory
By actively managing your sales and purchases and conducting regular bank reconciliations, we help keep your cash flow steady. If needed, we can also provide projected figures for internal planning or to meet requirements for loans or mortgages.
BAS Lodgement
As a requirement set by the ATO for registered businesses, we ensure your Business Activity Statements (BAS) are prepared and lodged on time every quarter. We carefully check key elements like Goods and Services Tax (GST), Pay As You Go (PAYG), and Fringe Benefits Tax (FBT), making sure everything is in order.
Accounts Payable
We handle your purchase invoices with precision, ensuring they are entered into your accounting system and paid within agreed terms. Our goal is to maintain credibility with your suppliers without putting unnecessary strain on your cash flow by paying too early.
Profit and Loss Statements
We provide accurate Profit and Loss (P&L) statements, offering a clear snapshot of your business performance. Our team at NexStep Advisory helps you analyse sales, expenses, and net profits, giving you crucial insights for future planning and year-over-year comparisons.
Payroll
Whether you have one employee or a large team, we handle your payroll needs, including PAYG, payslips, redundancy payments, and end-of-year reports. You can count on us for accuracy and full statutory compliance.
Tax
Keeping your records organised year-round enables us to provide all necessary information for your business’s tax returns. As Chartered Accountants and Business Mentors, we don’t just file taxes—we also offer strategic advice to help optimise your tax efficiency.