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bookkeeping and payroll

We can liberate you from the chore of day-to-day internal accounting, bookkeeping and payroll so you can focus on growing your successful business.

our services

We can free you from the chore of day-to-day internal accounting, bookkeeping and payroll so you can focus on growing your successful business.

Our well-trained and experienced accountants are here to help you with a wide range of business systems and functions to make your life easier. We will:

  • Set up your accounting system
  • Handle bookkeeping for everyday transactions
  • Prepare budget analysis
  • Sort and file invoices
  • Manage payroll functions
  • Review accounts
  • Design inventory control system
  • Prepare accounts reconciliation for bank balances, receivables and payables etc.
  • Maintain fixed assets register
  • Prepare various management financial reports
  • Calculate and record salary and wages
  • Prepare payslips and annual PAYG payment summary
  • Calculate and lodge the PAYG withholding tax and superannuation
  • Open superannuation account and comply superannuation obligations
  • Calculate and maintain annual leave, sick leave and long service leave entitlement records
  • Calculate termination payments

With us on your team you receive the following fantastic benefits:

  •  Your accounting records are prepared and maintained by professional accountants to achieve greater efficiency and effectiveness
  • Financial reports are prepared in accordance with accounting standards and tax regulation to lower your compliance risk
  • Your accounting needs are better understood as we tailor and personalise our services to your requirements
  • You receive regular professional advice to help your business grow
  • You are in better control of your business as relevant financial information is delivered to you on time by a team you can trust
  • Compliance risks are monitored closely and can be identified and mitigated at an early stage.
  • Previous period accounts / records are reviewed and adjusted for compliance.

our people

derek wang
managing partner

+61 430 486 288
derek.wang@addsum.com.au