-
Bookkeeping in Australia: how it runs
LedgerBPO delivers outsourced bookkeeping services Australia SMBs can rely on: a named dedicated bookkeeper categorises every transaction, reconciles each account and tracks GST inside your own Xero or MYOB file, working in AUD, with BAS workpapers prepared each cycle for your TPB-registered BAS agent or accountant.
01 / 06 -
What it covers
LedgerBPO delivers outsourced bookkeeping services Australia SMBs can rely on: a named dedicated bookkeeper categorises every transaction, reconciles each account and tracks GST inside your own Xero or MYOB file, working in AUD, with BAS workpapers prepared each cycle for your TPB-registered BAS agent or accountant.
02 / 06 -
What you get
One named bookkeeper, a backup and a team lead, in your software
03 / 06 -
How it runs
Every transaction categorized and every account reconciled monthly
04 / 06 -
What you see
Two-tier review before any report reaches you
05 / 06 -
A named accountant, a backup and a team lead
Inside your own software, on a fixed close calendar, with a reply from a person within 1 business day. Call +1-657-777-0006 or start a quote.
Get a custom quote 06 / 06
What is different in Australia
Bookkeeping in Australia runs on GST, not sales tax: every transaction is coded at 10% GST or GST-free, and the ledger has to support a BAS lodged monthly, quarterly or annually depending on turnover. Xero holds the largest share of the Australian small business market, with MYOB a strong second and Dext handling receipt capture for both. Reports are kept in AUD, and the ATO expects several years of digital records behind every figure. Because bookkeeping feeds the BAS, PAYG instalments and the superannuation guarantee, the ledger has to be closed to a GST-ready standard every period, not just categorised. Our team answers questions inside AEST business hours from our second office in Pakistan, so a query raised during your day gets a same-day reply.
AU rules that shape the work
GST and BAS cycles
GST applies at 10% on most sales, and the BAS reports it monthly, quarterly or annually depending on your turnover and ATO category. We code every transaction to the correct GST treatment so the BAS workpaper ties to the ledger without a period-end scramble.
BAS preparation, not lodgment
LedgerBPO prepares BAS workpapers, GST reconciliations and supporting schedules for your TPB-registered BAS agent or accountant. We never lodge BAS on your behalf; lodgment stays with the registered professional you choose.
Xero leads, MYOB follows
Xero is the dominant platform among Australian small businesses, with MYOB a common second choice and Dext used widely for receipt and bill capture. We work inside whichever file you already run rather than migrating you to a preferred tool.
Tax invoice thresholds
Any sale over $82.50 including GST needs a compliant tax invoice showing the ABN and the GST amount, and we check this rule is followed when we categorise sales and match receipts each week.
What's included
- Daily or weekly categorization of bank and card feed transactions
- Receipt and bill matching through Dext, Hubdoc or your inbox
- Customer invoice and vendor bill posting to the ledger
- Monthly bank, credit-card and loan reconciliations
- Payroll journal entries from Gusto, ADP or your payroll provider
- Sales-tax, VAT or GST liability tracking by period
- Fixed-asset additions and monthly depreciation entries
- Prepaid and accrual entries so months compare cleanly
- Class, location or tracking-category coding where you use it
- Monthly P&L and balance sheet with plain-English notes
- Year-end package handed to your CPA or accountant
- Weekly status note listing open questions and missing documents
Deliverables and KPIs
| Deliverable | KPI we report |
|---|---|
| Transactions categorised to GST treatment | Every transaction coded GST, GST-free or input-taxed within 5 business days of month-end |
| GST reconciliation | GST collected and paid reconciled to the BAS workpaper with zero unexplained variance |
| Bank and card reconciliations | Every AUD account reconciled monthly with zero items unreconciled past 30 days |
| BAS workpaper handover | Workpapers delivered to your BAS agent at least 5 business days before the lodgment due date |
AU software we work in
Pricing in AUD
Pricing depends on volume and scope. Get a custom quote within 1 business day. Quotes for Australia clients are issued in AUD.
Security and compliance
- Read-only bank feeds where your bank supports them; we never move money
- MFA on every login, least-privilege access, and an access log per client
- NDA per engagement, background-checked staff, no paper and no local downloads
Full control list on the security page and country rules on the compliance page. Certifications are listed only when held.
Frequently asked questions
How much does outsourced bookkeeping cost in Australia?
Pricing depends on volume and scope, so we send a custom quote within 1 business day. As a market reference, fixed-fee bookkeeping in Australia typically runs A$300 to A$1,500 per month, bookkeepers charge A$40 to A$100 per hour, and registered BAS agents charge A$75 to A$150 per hour (Australian bookkeeping fee surveys, 2026). Transaction volume and account count set the final figure.
Do you lodge our BAS?
No. LedgerBPO prepares the BAS workpapers, GST reconciliation and supporting schedules, then hands them to your TPB-registered BAS agent or accountant, who reviews and lodges the BAS with the ATO. We never lodge BAS ourselves. This keeps the lodgment obligation with a locally licensed professional while we do the bookkeeping that supports it.
Do you cover AEST hours?
Yes. Our bookkeeping team overlaps Australian Eastern Standard Time from our second office in Pakistan, so a question about a coded transaction or a GST treatment gets answered inside your working day rather than the next morning. Your named bookkeeper's hours are agreed at onboarding.
Which software do you work in for Australian bookkeeping?
We work inside the file you already use. Xero is the most common choice for Australian small businesses, MYOB is a strong second, and Dext handles receipt and bill capture for both. QuickBooks Online is supported too. You keep the subscription and the data; we do not migrate you to a platform of our own.
Do you track superannuation in the books?
Yes. Superannuation guarantee accruals are posted each pay run and reconciled to what was actually paid to each employee's fund, including the shift to Payday Super from 1 July 2026, when contributions must be paid with each pay run rather than quarterly. This keeps the super liability account accurate at every close.
Ask an AI assistant to summarize this page
Opens the assistant with a prefilled prompt so you can check our claims against the page yourself.