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Business structuring

Prepare for success by implementing the right, foundational business structure.

Prepare for success by implementing the right, foundational business structure.

Our bookkeeping solutions

How we can help you

Payroll consists of managing the administration of employee compensation, including wages, salaries, bonuses, and deductions. It is a complex, time consuming, and ever-changing process that requires expertise in accounting, tax laws, and employment regulations.

Proper payroll is essential for properly compensating your most valuable resource – your people. It is also essential for remaining compliant with tax laws, employment regulations, and other legal requirements.

The complex and ever-changing requirements of payroll can seem daunting. That is where we come in. At Grey Space Advisory, we know what it takes to maintain compliance & accuracy. Let us handle compensation of your employees so you can focus on the rest of your business.

Periodical reconciling involves the regular review and balancing of financial records, such as bank statements and credit card transactions. This ensures that all transactions are accurately recorded and accounted for. The purpose is to identify discrepancies, errors, or omissions that may have occurred and reconcile them with the corresponding records. to maintain the accuracy and integrity of financial statements. 

Periodical reconciling is an essential bookkeeping task for ensuring ATO compliance and identifying potential errors or omissions that could potentially get your business in trouble if not properly dealt with.

At Grey Space Advisory, we are well-versed in the nuances of periodical reconciling and strive to provide accurate, fully-managed periodical reconciling for your small or large business. 

Xero is a leading cloud-based bookkeeping software and it is our #1 choice for automating vital accounting tasks. It is a very powerful tool that lets you handle invoicing, expense tracking, bank reconciliation and reporting. But if you are not well-versed in the software, you can spend more time trying to figure it out than utilising it. We’re here to help.

We know Xero inside and out, and will optimise your workflow to ensure you are getting the most out of this powerful tool. Whether you have Xero and just need some help maintaining it or are brand new to the software and need help installing & integrating it, we will help set you up for success.

Take advantage of all that Xero has to offer, setting your bookkeeping and accounting on autopilot with our expert Xero setup & maintenance services in Australia.

Our clientele

Who we service

Learn how we tailor financial solutions to empower a wide range of businesses.

We are accountants

Our specialties

Business Accountants

Your business can get complex at times, let’s steer you in the right direction.

Tax Accountants

We help our clients with their obligations & ensure they’re comfortable with tax payments.

Our process

How we work

Australia-Wide

We are leading accountants in Australia. Located in Alexandria, our experienced team of accountants and registered agents service the whole country with both 1-on-1 and online services.

We Cater to All
Businesses

We provide business activity statements, instalment activity statements, annual reporting, and in-depth tax planning. We service small & large businesses alike, in a wide array of industries including tradies, creatives, e-commerce, and hospitality.

Personalised Tax & Accounting

We also offer personal accounting services for you to tackle your personal finances & taxes head-on. We want to make sure that you are not only prepared when tax season comes around, but that you are confident in making the most of your money with the proper deductions, with as little stress as possible.

Frequently asked questions

Bookkeeping is the process of recording and organising a business’s financial transactions. This includes keeping track of all income, expenses, and financial activities in a systematic and organised manner.

Bookkeeping allows businesses to keep track of their financial performance, manage their cash flow, and make informed decisions about their future operations. It is also necessary for businesses to comply with taxation and other regulatory requirements.

We offer all-encompassing bookkeeping services in Australia, including periodical reconciling, payroll management, Xero setup & maintenance, ledger maintenance, financial statement preparation, and more.

Bookkeeping is our craft – we know it inside and out. Hiring a professional bookkeeper can actually save you money through efficiency. Our streamlined process allows us to give you peace of mind with total compliance at an affordable rate. Free up your time by letting the professionals take care of your bookkeeping needs.

To get started, simply book in an appointment below. One of our bookkeeping experts will spend time with you 1-on-1 to assess your needs and develop a customised bookkeeping plan for your business.

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