We are members of CPA Australia and of Chartered Accountants Australia and New Zealand (CA ANZ).
level 1, 53 Walker Street
North Sydney
NSW
2060
AUS
Phone: +61 411 794 879
02 9189 3075
Client Portal
Bookkeeping Services

SYDNEY BOOKKEEPING SERVICES

Welcome to hassle free bookkeeping with Growth Prof, where we are dedicated to catering all your bookkeeping and accounting needs in the most reliable and efficient way possible.

Unlocking the power of accurate financial records and streamlined processes, we are dedicated to simplifying your bookkeeping needs and elevate your financial position with clarity.

Our bookkeepers combine expertise with cutting-edge technology to provide comprehensive solutions tailored to all your bookkeeping needs.

We understand the difficulties that start ups and business owners face in managing their financial records while juggling other critical aspects of their operations at Growth Prof. That’s why we’re here to help, providing you with peace of mind and more time to focus on what you do best: growing your business.

We ensure that your financial records are meticulously maintained with our commitment to precision and attention to detail, allowing you to make informed decisions and achieve your goals.

We have the expertise to meet your specific bookkeeping needs, whether you are small start ups, a thriving mid-sized business, or self-employed professionals.

Perks of outsourcing bookkeeping and accounting services

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Knowledge and Expertise

Our knowledge and expertise as your professional bookkeeper enable us to handle various financial affairs accurately.

Our experienced bookkeepers are trained in bookkeeping principles, accounting software, and relevant regulations.

We promise to maintain your financial recordings correctly with diligence.

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Bosting your efficiency

Especially for individuals or small business owners who may have limited understanding or experience in financial management, bookkeeping can be time consuming.

Outsourcing a bookkeeping service allows you to prioritize your core business activities.

Stop spending too much time managing your financial record-keeping and leave it to our bookkeepers.

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Accuracy and Reliability

Growth Prof team of professional bookkeepers are skilled in maintaining accurate and reliable financial records.

Our bookkeepers are well-versed in double-entry bookkeeping, bank reconciliation, and identifying errors or inconsistencies. This reduces the possibility of errors leading to financial discrepancies or compliance issues.

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Compliance with Regulation

Tax regulations and financial reporting requirements can be complex and ever-changing.

Our professional bookkeepers are up to date on the latest rules and regulations, ensuring that your financial records and reports are compliant with the law. This can assist you in avoiding penalties, audits, and other compliance issues.

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Financial Analysis and Insights

Based on your company’s financial data, a good bookkeeper can provide analysis and insights generating priceless financial information.

We are capable of producing reports, interpreting financial trends, and identifying areas for improvement or cost savings. These insights can assist our valued clients to make sound business decisions and strategies and to achieve their business goals.

This could be the lifeline for the start ups and smaller businesses. As bookkeepers and business advisers, we want to see you GROW.

 

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Scalability and Flexibility

As your company grows, your bookkeeping requirements may become more complex. Professional bookkeepers can adapt their services to meet your changing needs in timely manner.

They can handle increased volume of financial transactions, manage payroll, accounts receivable ad payable, and provide customized reporting based on your company’s unique requirements.

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Clarity

Outsource your bookkeeping professionals to have a peace of mind with the thought that your financial records are in capable hands.

You can have confidence in the accuracy and reliability of your financial information, allowing you to focus on running your business and achieving your goals.

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We are committed to empowering YOU to reach your financial dream.
We do this by challenging the status quo and starting everything with YOU in mind.

Accounts just happen with us

Outsourcing bookkeeping services will provide you improved accuracy and compliance, cost savings, and increased efficiency in your financial operations. We, Growth Prof offer personalized services and use advanced technology to streamline accounting processes, allowing clients to focus on their core business activities while ensuring optimal financial operations.

What we do as bookkeeping for your company…

Invoicing | Invoice
Invoicing
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Accounts Paayable
Accounts payable
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Wages
Wages
Learn More
Expenses allocation
Allocation of expenses
Learn More

Invoicing

Invoicing is crucial for a business operation as it ensures timely payment, accurate record-keeping, and effective cash flow management. Streamlined invoicing processes can also boost customer satisfaction and loyalty, leading to better profits.
YOU ARE IMPORTANT TO US, so we deliver better results for you with better technology and automation.

Traditional

  • Waste of time
  • Difficult to collect money

With us

  • Set up e-invoicing
  • Assist you to set up automated invoice collection
  • Assist you in sending payment receipts to customers
  • Timely reminders on outstanding invoices

Accounts Payable

Better management of payables has a significant impact on your organization’s financial health. By optimizing payment terms, negotiating with vendors, and streamlining processes. Businesses can improve cash flow, reduce costs, and enhance supplier relationships, ultimately leading to improved profitability and long-term success.

Traditional

  • Bills lost
  • Time consuming supplier reconciliation

With us

  • Automated bills collection and storing
  • Improve supplier reconciliation by automation
  • Maintain records of all suppliers
  • Timely reminders on outstanding invoices

Wages

Controlling wages is essential for managing labor costs effectively. By setting reasonable wage levels, implementing performance-based compensation plans, and optimizing staffing levels, you can reduce expenses, improve productivity, and streamline HR processes, ultimately leading to significant savings in time, money, and effort.

Traditional

  • Tedious
  • Missed deadlines

With us

  • Awards compliant
  • STP Phase 2 compliant
  • Timely payroll processing
  • Employee and employment details stored for records
  • Wage payments reconciled promptly and pay slips sent to employees on your behalf

Allocation of expenses

Effective expense management is crucial for maintaining a healthy bottom line. By establishing clear policies, automating processes, and regularly monitoring expenses, you can reduce waste, prevent fraud, and control costs, ultimately leading to improved financial performance and long-term success.

Traditional

  • Time consuming
  • Tax compliant
  • Maximize deductions

With us

  • AI powered technology to auto allocate
  • Expenses allocated to Chart of Accounts created for your business nature

How we do it

We start with YOU as the business owners

We go with your preference

You keep your current bank account, or we assist you open a new virtual account for you.

Clear chart of accounts for business expenses

Chart of accounts specific to your business nature set up in the accounting software for better expense allocation and reporting

Automation in accounting

Latest accounting software used for bookkeeping, reporting and payroll processing for effectiveness and efficiency.

Easy communication

Dedicated WhatsApp group to manage your accounting related queries conveniently

Progress Tracker

Use of Trello to give you visuals of the work progress and an easier platform to share your queries and requests.

Monthly reporting

Usage of latest reporting software to give you meaningful insights on your business for better decision making

We use technology and automation to
drive results for you. We use,

Hear it from our clients

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Velocipede

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Tik construction

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Sky Catering

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Sounds Interesting?!!

Contact our professionals for more info

Call us!

Need Help?

FAQs

You are dealing with an accounting firm that happens to be doing bookkeeping work that’s sole focus is to challenge the status quo and make great business leaders. How does that sound compared to just giving it to a bookkeeping firm? What about discussing tax, financial planning, estate planning and asset protection with the same team who does your books?
DO the books, BAS (Business Activity Statements) and accounts and lodge with ATO (Australian Taxation Office). Xero is our preferred accounting software
DO the books, BAS (Business Activity Statements) and accounts and lodge with ATO (Australian Taxation Office). Xero is our preferred accounting software
DO the books, BAS (Business Activity Statements) and accounts and lodge with ATO (Australian Taxation Office). Xero is our preferred accounting software
It depends on what is going on with your business and its needs. A phone call is necessary for this. Once a fee is agreed it is fixed unless there is a major change in the business.

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