How BankLink Works
Banklink collects your data from your bank and Beveridge Carey coordinates the tax compliance process to complete your Business Activity Statements, Financial Statements and Annual Income Tax Return.
By streamlining your monthly or quarterly GST and Tax obligations we are giving you more time to spend on your business or to do more enjoyable activities.
 |
 |
 |
 |
You receive monthly or quarterly reports on your business. By taking advantage of the budgeting and forecasting function you can more accurately forecast your profit. We can report on variances to your budget or variances to last year.
There is no need to do a Bank Reconciliation again.
Why pay bookkeeping fees when banklink can do the bookkeeping for you.
Banklink is best suited to a business reporting on a cash basis, however, Banklink has developed an easy to use invoicing program that can invoice, quote, set up items for sale, letters to customers (including overdue accounts), monthly statements, aged debtors etc.
A snapshot of the Beveridge Carey process
| Banklink collects data from your bank |
 |
| Beveridge Carey receives and reviews your data monthly or quarterly |
|
| Beveridge Carey memorise recurring transactions |
|
| Beveridge Carey offers the ability to complete online or by paper |
|
| Beveridge Carey's aim to have 70% of your transactions coded before you receive your data |
|
| You give a brief description of the uncoded transactions, or |
|
| You code them yourself (we can provide the codes to you) |
|
| You then return the coding report to Beveridge Carey by post, or if |
|
| You Completed online, Beveridge Carey are notified by email that your data is complete |
|
| You provide details of wages and Tax Withheld from wages |
|
| You provide details of any new loan/leases/equipment loans/chattel mortgages etc |
|
| You provide details of cash expenses |
|
| Beveridge Carey then download and review your data |
|
| Beveridge Carey complete your Business Activity Statement |
|
| Beveridge Carey provide Profit and Loss, Balance Sheet and Cashflow statement |
|
| Beveridge Carey can report on variances to budget or variances to previous year |
|
| Beveridge Carey can budget and cashflow your business |
Please contact us for more information on Banklink.
