BOOKKEEPING & STP REPORTING

Bookkeeping

At EmCARES Accountants, we offer comprehensive bookkeeping services designed to keep your financial records accurate and up-to-date. Our bookkeeping services include:

• Transaction Recording: We meticulously record all financial transactions, ensuring every sale,      purchase, receipt, and payment is documented.
• Bank Reconciliation: We reconcile your bank statements with your accounting records to ensure they match, identifying and rectifying any discrepancies.
• Financial Reporting: We  prepare essential financial reports, including profit and loss statements, balance sheets, and cash flow statements, giving you a clear picture of  your business's financial health.
• Compliance: We ensure your financial records comply with Australian tax laws and  regulations, reducing the risk of penalties and fines.

Single Touch Payroll (STP) Reporting

Single Touch Payroll (STP) is a mandatory reporting requirement for Australian businesses, designed to streamline payroll reporting to the Australian Taxation Office (ATO). At EmCARES Accountants, we provide expert STP reporting services, including:

• Payroll Processing: We handle the calculation and processing of employee salaries, wages,      bonuses, and superannuation contributions.
• Real-Time Reporting: We ensure that each time you pay your employees, the relevant payroll      information is reported to the ATO in real-time, including employee salaries, PAYG withholding, and superannuation.
• Compliance: We ensure your business meets all STP reporting requirements, helping you avoid penalties and ensuring your payroll practices are compliant with the latest ATO regulations.
• Employee Records Management: We maintain accurate and up-to-date employee records, including tax file numbers, superannuation details, and contact information.

By partnering with EmCARES Accountants for your bookkeeping and STP reporting needs, you can focus on growing your business while we take care of your financial and compliance requirements. Let us help you stay organized, compliant, and financially healthy.