Are You Stressed About Business Growth or Overwhelmed by Tax? Lodging Late with the ATO and Spending $$$$$?
We take the mind-numbing repetitive tasks off your hands and allow you the space and certainty to enjoy some well deserved time off.
By assisting with the records of your financial transactions, facilitating payment of accounts and reconciliations of balance sheet accounts, we allow your bookkeeping maintenance to become a painless process. With the right advice on regular transfers to allow for tax payments, you can rest easy knowing the money sitting in your trading account is your actual profit.
Both a Bookkeeper and an Accountant are essential for a profitable business. We communicate and work with your accountant. By doing this, less time is needed with your accountant at year end saving you money.
Free Guide Reveals
5 Steps To Accurate & On-time Construction Bookkeeping
Enjoy peace of mind knowing your bookkeeping is professional and your business is profitable
What we can deliver for you
Never Miss Another Key Date
Pain-Free Data Entry
Only Pay For What You Need
Who We Help
LL Bookkeeping assist all businesses across the building and construction sector with their unique needs as we offer a personalised set of services to each organisation
Large, Construction-Based Business Owners
My name is Louise Lamb. I help business owners in the building and construction industries perfect their bookkeeping to create a place of certainty and business growth.
I work with sole traders, partners and companies with both sub-contractors and employees on their payroll.
I stay across the numerous employee awards ensuring my clients remain within legislation and out of trouble.
With thanks to my own years in building and construction, I offer my clients the best possible guidance for bookkeeping in their unique industry.
Director, LL BookKeeper
How We Do It
We take care of payroll.
If this is something you simply don’t have time for we can take over timesheet management, utilising your payroll and accounting software to keep an accurate digital record of all transactions. Because we create each bookkeeping solution personalised to the client, this also extends to Single Touch Payroll.
We keep you updated with industry award wage & allowance changes.
This goes without explanation. You want to pay your contractors and employees the correct amount and stay compliant to steer clear of any fines, we help you remain confident in this.
We remember key dates for you.
TPAR, PAYG Withholding, Payroll Tax, Superannuation Lodgments and BAS Lodgments. We make the necessary arrangements to have you ready to lodge on time, every time.
We regularly input your data.
Purchases and business-related costs need to be regularly recorded to ensure nothing is missed or a figure entered incorrectly, due to mistakes as simple as a lost receipt. Inventory data entry and accounts receivable both also need to be entered and kept on top of, to ensure smooth operations and consistent cash flow. We assist you in this and introduce any apps that may benefit your specific trade.
We carry out regular reconciliation.
To remain 100% transparent in your records and financial position, we compare two sets of your financial records to check for inconsistencies or missed items, as often as you wish.
Rick Micaleff Protech Group Pty Ltd
Having a professional Bookkeeper that specializes in the Construction Industry means I can focus on my business and not worry about my books. I’m confident that Louise of “LL Bookkeeping” will ensure my accounts are up to date, accurate and compliant.
Louise is easy going, friendly and really listens to my needs as a business owner. She keeps our finances well groomed and up to date. She provides great advice and helps with realistic budgets. I highly recommend her!
Gold Coast Budget Pools
Louise is a Godsend, we have just started our own business and she was there to help me with my BAS and questions I have with Xero. My stress levels were instantly relieved and felt comfortable straight away, highly recommend her services”
Do I have to pay superannuation to subcontractors?
Are you paying Sole Traders for contract labour hire? There may be an obligation to pay them superannuation. Some of the key points to consider:
Did they quote by the hour or a fixed price for the job?
Do you require them to complete the work themselves or do they have the option to delegate the work?
If they quoted by the hour and didn’t have the option to delegate the work there is most likely a superannuation obligation. If so, this must be paid directly to their selected super fund (not to the sub-contractor). Ask your bookkeeper for guidance if you’re unsure.
I entered my income & purchases and my accountant lodges my bas. What else is there to do?
It’s really important to have this conversation with your accountant. What exactly is covered in their fee? Unless you have your own bookkeeper and you’re confident all the data has been recorded correctly and reconciled (not only your bank accounts but also your balance sheet accounts), are you sure your accountant is receiving and lodging the correct information? Check what is included in their fees in detail. Is there a missing piece in the puzzle that could be costing your business $$$$?
Why should I have a separate bank account for business and personal use?
If you’re using your business bank account for daily purchases than either you or your bookkeeper is spending time entering and coding these transactions. All of your personal expenses are coded to directors’ loan account, drawings account or similar (whichever the account is titled, the outcome is the same). This wasting your own time or you’re paying someone else to do this and put simply, it’s just not necessary because it’s not business-related. Keep these transactions separate to your business. Save your valuable time or money. Instead, if you want to draw funds why not set up a recurring transfer for a set amount to your personal account? You can even set up a bank rule so it reconciles itself each time. No time wasted!
Book A Free 30 Minute Tradie Bookkeeping Strategy Call
We’re offering half an hour of our expertise to help you clear up those areas you’ve been dreading to address.