Cloud 

bookkeeping & Compliance

Spending too much time allocating transactions and reconciling?

Struggling to keep on top of ATO obligations?

Can’t focus on running and growing your business?

We are the solution.

Contact us

What we do

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Transaction Allocation

Weekly review of transactions and allocation to respective accounts. We ensure GST is correctly applied throughout.
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Reconciliation

Weekly reconciliation of bank and credit accounts to ensure financial records are up-to-date.

Report Summary

Monthly ‘End of Month’ reports will be distributed consisting of Profit & Loss statement, Balance Sheet movement report and Cash report.

BAS & IAS Lodgement

Our BAS agent will lodge your BAS & IAS and we will send reminders to make payment prior to due date.

Employer Obligation Lodgement

We will look after your Superannuation obligation and your employee’s PAYG Summaries (Group Certificates).

Documentation Storage

If we need any documents, a request will be emailed to you. All documents will be stored in our secure cloud.

1. 

Bookkeeping

$800/month (+ GST)
  • Weekly Transaction Allocation
  • Weekly Reconciliation of Bank & Credit Accounts
  • Weekly Request of Documentation
  • Weekly Accounts Payable and Receivable Reports Provided (Responsibility of client to provide sales and purchases invoices)
  • End of Month Reporting
  • BAS & IAS Lodgements
  •  

2.

Payroll

$5/employee per payrun (Plus GST)
    • Single Touch Payroll (STP) Compliant
    • Prepare Payroll Activity Summary
    • Generate Electronic Bank File
    • Provide Payslips
    • Superannuation Lodgements
    • PAYG Summaries Preparation

3.

Optional: Quickbooks Online Essentials

$22/month (incl. GST)
  • * Must have an online accounting system

What’s the Catch?

Small Business Entity

Your turnover must be $2m or less in the  previous income year.

Employees

You must have less than 10 employees inclusive of contractors.

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No Advisory

We do not provide consulting or advisory services nor do we deal with income tax.

Why us?

Active Clients

Years in Operation

+ Years in Experience

Started operations in late 2015 as an Accounting Consulting firm, we noticed numerous businesses struggling to meet their employer and tax obligations, allowing interest and penalties to accrue. Now here is the kicker, these businesses are all profitable and cash flow positive, we were consulting on furthering their profits operationally. None of the Directors or Owners were aware of the seriousness of the situation, some of whom received ATO audit letters later. The Directors and Owners were doing their own bookkeeping and losing track as they are focused on growth and running the business.

 

We have since turned into a dedicated bookkeeping firm, allowing businesses to focus on growth and leaving the numbers, reporting and lodgements to us.

Contact us

Our Processes

The only thing we require from our clients is to follow our streamlined procedures. 

Reconciliation

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Allocation

Transactions will be allocated and reconciled on a weekly basis by our team.

Unknown transactions or missing documents will remain unallocated.

01

Requests

Emails will be sent out weekly requesting further information or documents regarding the unallocated transactions.

Reminders will be sent out thereafter.

02

Reporting

Remaining unallocated transactions at month end will delay the monthly reports and more importantly the preparation of any lodgements that may be due.

Unallocated transactions must be dealt with promptly.

03

Lodgement

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Preparation

Our BAS agents will review the relevant reports depending on the lodgement due.

Upon approval from our BAS agents, a draft lodgement will be prepared with the relevant reports for you to sign off.

01

Lodgement

Our BAS agent will complete lodgement with the ATO.

Unallocated transactions will delay preparation and lodgements with ATO. Any delays in lodgement may attract penalty and interest fees imposed by the ATO.

02

Payment

A payment request will be issued for the lodgement with the ATO. Any delays in payment may attract penalty and interest fees imposed by the ATO.

Recurring reminders will be sent out.

03

Our Team Leader

With 6 years experience in restructuring and business management consulting, he set off to establish a cost-effective bookkeeping service. Utilising the latest cloud technologies to create a streamlined service to connect with clients.

His services began through word of mouth for the first 3 years, implementing processes and foundation for the business.

Raymond Tjang

Director / BAS Agent / IPA

FROM Our Clients

“We needed a bookkeeping solution while we expand, hire more employees and move to a bigger warehouse. NMS allowed us to focus on the expansion while they deal with our numbers.”

Fencing Components

Director

“With lengthy projects, managing cashflow has always been a priority. NMS is a cost-effective bookkeeping service that lets me deal with the day to day operations.”

Red Ape

Director

“We are a small cafe and I’m always busy manning the counter. Dealing with the lodgements has been difficult and time consuming. Now I only have to review our monthly reporting to see how we are doing.”

Bion Societe Cafe

Owner

“We are just a mechanical workshop with no idea about dealing with GST, tax and Superannuation for our employees. Our receptionist sends through all supplier invoices and we leave it to NMS. Love their service.”

F&E Motorsports

Director

Let’s Start Something new
Say Hello!

We will get back in touch as soon as we can.