Bookkeeping

The IWS Bookkeeping Solution reduces the time involved in constantly maintaining your accounts function, while providing real time, up to date information on how your business is performing.

Achieve complete visibility across how your business is tracking and take comfort in the fact that your accounts are being managed by a team of qualified professionals who take ownership of your end to end bookkeeping needs. We combine best-in-class, cloud-based accounting software with specialist, personalised service to support our clients in the following key areas:

Accessible from Anywhere

  • 100% cloud-based…accessible 24 / 7  by you, your bookkeeper and your accountant from anywhere in the world
  • Access levels, including read-only access, available to different staff / business owners and advisers
  • Adviser access for your accountant
  • Mobile and iPad accessibility

Sales

  • We capture and account for daily sales from your POS system
  • Integration with e-commerce stores to automatically process sales for online businesses

Purchases and Payments

  • Real-time Accounts Payable reporting
  • Automate feeds from your major suppliers
  • Payment file creation to speak directly to your bank to pay suppliers
  • Intelligent matching system to apply payments
  • Visibility and control over payments to manage your cashflow

Bank and Paypal Feeds

  • Quickly reconcile your accounts and keep everything up to date
  • Intelligent transaction matching system
  • Set rules for regular bank transactions
  • Online merchants connect to Paypal

Payroll

  • Full integration with IWS Timesheet, Rostering and Payroll systems
  • Updated tax tables each year for no extra cost
  • Payroll outsourcing to experts making approval of pay runs easy
  • Payment file creation to speak directly to your bank to pay employees

Invoicing and Receipts

  • Automated invoices and statements
  • Intelligent matching system to apply receipts
  • Capture and accounts for your cash and EFT receipts

Compliance and Lodgements

  • Weekly reconciliations to bank accounts to ensure your accounts are always up to date
  • Stringent monthly and quarterly reviews of your accounts to ensure accuracy and identify anomalies
  • GST and BAS lodgements on a monthly / quarterly basis
  • Fast and efficient new business / location set-ups

Reporting

  • Real-time Profit and Loss and Balance Sheet availability
  • Customisable reporting based on jobs and cost centres
  • BAS / GST reporting
  • Audit trail reporting

Integrate IWS Bookkeeping with the IWS Payroll Solution and have your end-to-end payroll managed for you!

Not all of your questions have been answered? Take a look at our Frequently Asked Questions