Bookkeeping

Bookkeeping services for businesses that run on real numbers

Xero bookkeeping reconciled weekly, BAS from clean data, numbers ready every month. A designated bookkeeper inside an accounting firm, on a fee agreed up front.

Book a free call Weekly reconciliation, monthly numbers, quarterly BAS

Everything else is built on the bookkeeping. If the books are late or wrong, the BAS is a guess, the tax plan is fiction and the monthly report is a story. Our bookkeeping team keeps Xero reconciled every week and the numbers current, so the accountants and advisers on your file are working from the truth.

We are a Xero Platinum Partner based on the Gold Coast, working with businesses across Australia. Most of our bookkeeping clients turn over $1M or more and have moved past doing it themselves at 10pm, or past a bookkeeper who reconciles once a quarter and hopes.

Who we work best with

  • Businesses with real transaction volume: multiple sales channels, inventory, a team, subcontractors.
  • Owners who want to make decisions on monthly numbers, not on the bank balance.
  • Groups where the bookkeeping and the accounting should be in one place so nothing falls between two providers.
  • Our strongest industries: ecommerce and retail, builders and trades, medical and allied health and property.

If you would rather learn to do it yourself, our Xero bookkeeping course teaches the same system.

What’s included

Every bookkeeping client gets a designated bookkeeper, reviewed by a senior, on a monthly fee agreed up front:

  1. Weekly reconciliation. Bank feeds, sales channels and payment gateways coded and reconciled to the bank every week, with queries sent to you in one batch, not forty emails.
  2. Books kept to an accountant’s standard. Chart of accounts, GST coding, inventory, loans and director accounts kept right all year, so year end is a review rather than a rebuild.
  3. BAS and IAS prepared from clean data. Reviewed by the accounting team and lodged on the agent schedule, so you get the extended deadlines.

Add-ons

  1. Accounts payable and receivable. Bills entered and scheduled, invoices chased, debtors reported. See accounts payable and receivable.
  2. Monthly management reporting. Profit and loss, balance sheet and cash flow with commentary, by job, product or site. This is the monthly pack from our virtual CFO service.
  3. Catch-up and clean-up. Behind on the books? We quote the catch-up as a project before we start, then move you onto the normal cadence.

What we do not do

We do not run payroll, make superannuation payments or lodge STP and super. If you need that, we will point you to a payroll provider that works inside Xero, and we keep your books reconciled to it.

How it works

  1. Free discovery call (30 minutes). We look at your Xero, your volume and what is going wrong, and tell you what it will take.
  2. File review and quote. One monthly fee for the ongoing work, agreed up front; any catch-up quoted separately before it starts.
  3. Onboarding. We connect bank feeds, sales channels and payment gateways, fix the chart of accounts and agree a weekly rhythm with you.
  4. Ongoing. Reconciled weekly, queries batched, BAS on schedule, numbers ready every month. Your accountants work off the same file, so year end is a non-event.

What it costs

Fees are set by transaction volume, number of entities and how much reporting you want, and agreed up front. Bookkeeping alone usually sits between $6,000 and $20,000 a year for a business doing $1M and up; combined with accounting it is one fee for the whole engagement. Full detail on the pricing page.

Why not a cheaper bookkeeper?

A cheap bookkeeper who codes to “general expenses” and reconciles quarterly costs you twice: once in their fee, and again when your accountant has to unpick it at year end and your tax plan is built on numbers that were never right. Our bookkeepers work inside an accounting firm, to an accountant’s standard, and the accountant who signs your return is reviewing their work all year.

Proof

“After 10 years in business, it felt like we had finally found a unicorn: an accounting firm that truly understands small eCommerce businesses and the kind of support they need. We only wish we had found them earlier.”

Kerry Pietrobon, fashion ecommerce business, Google review

More than 170 five-star Google reviews, and the results behind them.

Before you ask

Bookkeeping services for businesses that run on real numbers: the questions we get.

How often will my books be reconciled?

Weekly. Bank feeds, sales channels and payment gateways are coded and reconciled to the bank every week, and any queries come to you in a single batch. Quarterly reconciliation is how numbers end up wrong by the time anyone looks at them.

Do you only work in Xero?

Xero is what we run and what we recommend, and we are a Xero Platinum Partner. If you are on MYOB or QuickBooks we can still take you on, and in most cases we will suggest a move to Xero at a sensible point in the year, which we manage for you.

My books are months behind. Can you catch them up?

Yes. We review the file, tell you exactly what it will take to bring it current and quote the catch-up as a one-off project before any work starts. Once it is clean you move onto the normal weekly cadence. Most catch-ups are done inside a month.

Who will I actually deal with?

A designated bookkeeper who knows your file, reviewed by a senior, with the accountant who signs your returns looking at the same Xero all year. You get the same people, not a different junior every quarter. If your bookkeeper is away, someone on the same team who already knows the business steps in.

Ready when you are

Stop paying for the dinosaur.

Book a free discovery call. Thirty minutes with a New Wave team member on where the business is and where you want it. If we are not the right firm for you, we will tell you who is.

Book a free call

Tell us about the business. We will tell you if we are the right fit.

What do you need help with? Pick as many as apply

A New Wave team member reads every enquiry and replies within one business day. The first 30-minute call is free.