Our Xero Bookkeeping services

At Cloud8, we understand that accounting and bookkeeping can be painful, but this need not be the case.

We offer customised bookkeeping solutions. We believe each client’s circumstances are different and we build solutions specifically for you, to suit your individual situation.

We are a boutique firm. We take the time to get to know each of our clients personally. We are passionate about understanding your business needs. We formulate an accounting solution based on your budget and requirements.

How do we do this?
Through the following steps:

Xero Setup

We meet with you initially to get a clear understanding of you and your business needs. We then design a customised Xero Cloud Accounting Execution Plan based around this which can include the following:

If you are a new business, we provide roadmap to set up a Xero system from scratch.
If you are an established business with an existing bookkeeping system, we provide a conversion service to convert your current system to Xero.
If you already using Xero, we review your existing set up to ensure it is correct and you are utilising all the benefits of the Xero Ecosystem.

Choose the Services You Need and Only Pay for Those

We build solutions around your individual business needs.

We can provide a complete bookkeeping solution which looks after all of your beekeeping obligations.

If you would like to continue to complete certain aspects of bookkeeping yourself, you can simply choose the services you need and only pay for those.

Using Cloud accounting and bookkeeping services, you can easily access important financial information anytime, anywhere, on any device.

Quarterly Reporting

In Australia, if your business is GST registered, you need to complete a Business Activity Statement at the end of every financial quarter and lodge it with the Tax Office. Using Xero, your quarterly reporting is easy and efficient, you can have complete confidence knowing that your bookkeeping is compliant with taxation standards.

Yearly Reporting

We all know financial year reporting can be time consuming and complex, but not anymore. Using Xero, you or your accountant will have everything you need to complete your tax return simply, quickly and on time.

Everyday Bookkeeping

For your everyday bookkeeping requirements, Xerox makes your job easy. Xero automatically syncs with all major banks. Your transactions can be quickly categorised and reconciled to your bank accounts. This can be done in the cloud on a weekly or monthly basis depending on your requirements.

With the help of Xero’s powerful online storage function and cloud based document management app Hubdoc, receipts can easily be attached to your transactions.

Payroll (Single Touch Payroll Ready)

Single Touch Payroll will come into effect from 1 July 2019. This could mean a significant increase in compliance costs for small businesses. At Cloud8, we are here to help. To transition to Single Touch Payroll, our friendly team can:

Setup employee profiles on Xero
Lodge TFN declaration forms for new employees
Set up pay rates based on the relevant industry awards

Process pay runs in accordance with the Single Touch Payroll requirements
Process superannuation payments
Assist in preparation and lodgement of Taxable Payments Annual Report for clients in the building and construction industry

Xero Bookkeeping Training and Support

At Cloud8, we understand you may need a quick update of skills or comprehensive training in a new system if you are not familiar with it. We provide Xero training and ongoing bookkeeping support for you and your teams.

We are passionate about equipping our clients with the knowledge to fully utilise the various Xero functions and improve productivity while reducing accounting costs.

App Advisory

Xero’s Ecosystem allows you to access over 700 apps to help run your business. At Cloud8 we are your business technology and applications advisors, implementing time or cost saving apps specifically for your business. We are here to help your business operate more efficiently and reach your goals.

We will analyse your business and industry and recommend the best suite of apps to:

Unlock Growth

Unlock profit and efficiencies within your business through your own unique collection of apps.

Research has proven that small to medium businesses who use cloud apps grow their revenues 30% faster than those who don’t.

Boost Efficiency

Sharing information quickly and easily with Xero is made simple with the Marketplace app. Using this genius little tool, your data entry is taken care of. You can view the most up to date information on your business from your own individualised portal. Anytime, anywhere.

Scalability

We know, growth is your objective, and we are here to support you. Using a customised suite of apps, you can quickly and easily scale up your operations to take advantage of growth opportunities.

Contact our friendly team today to find the unique mix of apps that will best suit your business and goals.

Need to chat? Taxation Strategy Session

We offer an obligation free 60-minutes consultation.

Schedule Appointment Now

Xero Bookkeeping Services in Melbourne CBD