Payroll and PAYG




Training Services


What is GST?

The Goods and Services Tax (GST) is a Value Added Tax (VAT) of 10% on the supply of goods and services in Australia..

GST is basically a tax that you collect on behalf of the government. You charge GST in your sales and income and claim it back for your purchases and expenses. You then calculate the difference in your GST return to work out if you have to make a GST payment to the Government or if your receive a GST refund.

Our accredited bookkeepers will ensure that your GST declaration is submitted on time and without error. We will also verify your tax entries and codes to make sure you are compliant with the Australian taxation Office.

What is BAS?

The Business Activity Statement (BAS) is a form submitted to the Australian Taxation Office by all Australian businesses to report their taxation obligations.

These include:

  • Pay as you Go Withholding (PAYGW)
  • Pay as you Go Instalments (PAYGI)
  • Fringe Benefits Tax (FBT)
  • Wine Equalisation Tax (WET)
  • Luxury Car Tax (LCT)

Our accredited bookkeepers are Registered BAS Agents or are BAS service providers who will check your system and advise suitability. We check that your codes are loaded and linked correctly. We check your file for incorrect tax entries and the correct code usage and advise accordingly.


Our book keepers are accredited and are highly trained professionals who:

  • Set up your payroll accurately
  • Process your regular payroll accurately and efficiently
  • Remit PAYG withholdings tax regularly
  • Deduct tax at the correct rates
  • Remit Australian Superannuation regularly
  • Check that Australian Superannuation is paid at the correct rate
  • Ensure you register for Work Cover/Accident Compensation (ACC)
  • Check the Australian Award Guidelines for your business
  • Produce end of the year PAYG
  • Payment Summaries.


  • Profit and Loss Statements
  • Balance Sheet
  • Depreciation Schedule (using Depreciation Rates as determined by the Clients' Accountant)
  • Cashflow Forecasting
  • Budget vs Actual
  • Consolidated Reporting for "Group" Entities


  • Invoicing Clients/Customers
  • Receipting money
  • Deposits
  • Management of Debtors
  • Debtors Statements
  • Debt collection


  • Process Supplier invoices
  • Reconcile to Statements
  • Schedule and make payments
  • Invoices due listings
  • Management of Creditors
  • Pay Bills


  • Would you like to brush up on your bookkeeping skills?
  • Would you like to take care of your own bookkeeping?

We can provide you or your team with the training required to keep on top of your books.

Our team at Profitable Book-Keeping are proficient users of MYOB programs. They constantly attend regular seminars and workshops to keep up to date with the latest programs. We can also advise you which program best suits your business.

Feel free to Contact Us if you have any queries.