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Bookkeeping. Cashbook accounts kept on Excel. Annually reports sent to your accountant for lodging with tax department. GST BAS figures sent to your accountant for lodgement.
I became a bookkeeper (and taught the subject at TAFE) before qualifications were required so I can prepare everything but cannot legally lodge on your behalf. It is always better for an accountant to do that part as you are less likely to be checked by the ATO. However, giving them a summary of everything saves you a lot of money as Accountants use bookkeepers to do this type of work but charge you accounting fees. I charge $45 per hour with a minimum of 2 hours work.
The reason I use Excel is that you don’t need to constantly update or subscribe to accounting packages which cost money.
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