MAS Partners - Providing Small Business Services In SydneyM.A.S. Partners are the specialists when it comes to providing small business services in Sydney. Previously known as M.A.S. Accountants, we’ve been helping businesses like yours for more than 55 years, working with clients from across countless different industries. We’re here to share our strength for small business servicing with you.
Small Business Services Whatever your business, we have the know how to take care of your payroll needs, your accounts payable and receivable, and to help you with bank reconciliation. We can make running your small business easier.
Payroll Services Sydney’s small business owners can find navigating the many aspects of payroll challenging. From penalty rates, staff leave, loadings, and superannuation, there’s a lot to consider. M.A.S Partners can help you manage this with a cloud-based Xero account. Payroll varied greatly from one business to another, so yours will be customised to be intuitive to your business needs. This includes:
• Wages recorded on XERO • Annual Group Certificates • Workers’ compensation preparation and lodgement • Monthly and quarterly superannuation calculations • Pay slip preparation • Payroll calculation • ATO Group certificate reconciliation • Calculating payroll tax and annual reconciliation • Superannuation payments
Accounts Payable With your M.A.S. provided Xero account in place, all your invoices and bills will be in one handy and easy to manage place. Here are the accounts payable services we provide:
• Record purchases on XERO • Reconciliation of purchase statements • Drawing of cheques or organisation of electronic payments • Attendance on site at regular intervals dependant on your needs • Liaise with suppliers on queries, invoices, and adjustments
Accounts Payable Your clients’ invoices will also be stored within your new, M.A.S provided Xero account. With our help, the following accounts payable tasks will be much easier:
• Recording sales invoices • Attaching PDF invoice copies • Reconciliating invoices against payments received and bank accounts • Liaising with customer on accounts receivable queries, invoices, and adjustments • Third party debt management chasing through software which allows debts to be recovered more efficiently • Attendance on site at regular intervals dependant on your needs
Bank Reconciliation Bank reconciliation refers to any difference between the balance shown on your statement and the account shown on your own accounting records. Our bank reconciliation services include:
• Monthly Bank reconciliation using Xero Bank Feeds from your new Xero account • Bank feeds are created with your nominated Bank • Entries that come through bank feeds are checked against actual entries in Xero to determine whether or not there have been bank errors • Bank charges, interest, merchant charges etc., are all entered from bank feeds and classified accordingly • Cash book is reconciled against visual siting of statements to ensure that banks fees have downloaded correctly and all entries are correct in cash book and the bank has not incorrectly charged items on your accounts
Find Out More For more information, give us a call on (02) 9211 5000 or visit our website www.masaccountants.com.au You can also follow us on Facebook, Twitter, and linked in under maspartnersau. Our friendly team is here to help or answer any questions you may have about whether M.A.S is right for your small business. |