Home / Industries / Bookkeeping Services For Small Businesses
Small businesses contribute $500 billion to the national GDP, employ over 5 million people and provide 42% of all apprenticeship and trainee positions in Australia. Thank you for being a small business hero! Our expert bookkeeping services for small businesses empower you to focus on growth, streamline financial processes, and unlock your business’s full potential!
Almost 98% of all businesses in Australia are small businesses. There are over 2.5 million of us and we make a significant contribution to the economy, representing a third of total national GDP.
But the 2023 “Small Business Matters Report” released by the Australian Small Business and Family Enterprise Ombudsman, reported that around 43% of small businesses failed to make a profit and 75% of small business owners take home less than the average wage. The team at Heart Bookkeeping are on a mission to change this!
We believe small business ownership should not only be a pathway to igniting your passion and purpose in life, but should also be financially rewarding. That’s why we’re here to support small business owners to gain clarity, control and confidence around their numbers and to help them design their path to profit and a secure financial future.
If you’re looking for a bookkeeper for your small business, book a free discovery call today. We offer our bookkeeping services for small businesses across Australia and can assist either online or at our Lismore, Townsville or Hobart offices.
At Heart Bookkeeping, we’re all about making your small business journey easier and more rewarding. We know you’re a passionate business owner with big dreams, and we’re here to help you achieve clarity, control, and confidence over your business numbers.
We get it – being a small business owner can be tough. Constantly feeling overwhelmed and stressed about your bookkeeping, trying to make sense of your cash flow and ATO reporting obligations and feeling like you have no control over any of it. You started your business to pursue your dreams, make an impact, and secure a stable financial future. Instead, you find yourself buried in paperwork, missing out on precious moments with your loved ones, and struggling to reach your full potential.
That’s where we come in. Heart Bookkeeping specialises in designing smart bookkeeping and cash management solutions for small business owners just like you. Our mission is simple – we want to save you time, provide you with accurate financial insights for better decision-making, give you more control over your cash flow and ensure that your bookkeeping process supports you in reaching your business goals.
Imagine a world where your bookkeeping is always up to date, your lodgements happen on time, every time and you’ve got accurate financial information at your fingertips to be able to make informed and smarter business decisions. You’ve just imagined your life with Heart Bookkeeping.
Let our team of expert Xero bookkeepers design and manage a bookkeeping system that will free you up to get back to working on your business with the confidence that we are taking care of the numbers. Our packages are completely customised to your business needs and based on fixed fee pricing, so there are no surprises.
We can help you:
Many business owners struggle to understand and manage their finances, leaving them stressed out and anxious. Financial anxiety leads to poor decision-making which further compounds the problem. We’ve all heard the saying “Cash is King” and this is as true today in our fast moving, digitalised world, as it has ever been.
The Cashflow Project is our solution for small business owners who want to improve their financial fitness and transform their entrepreneurial journey into one where they have clarity, control and confidence over their business numbers and cash flow.
Our comprehensive payroll services are designed to simplify your payroll processes, ensure compliance with regulations, and provide expert support at every step. Here’s how we can help:
Managing business compliance can be overwhelming, but with our expert guidance, you’ll navigate all regulatory requirements with confidence and ease, allowing you to focus on growing your business. Here’s how we can help:
If your bookkeeping is in disarray, our rescue bookkeeping services can quickly restore order, helping you regain control of your financials and get back on track. We specialise in bringing your financial records up to date, identifying and correcting errors, and ensuring everything is compliant with current regulations.
Whether you’ve missed key filings, fallen behind on invoicing, or lost track of expenses, we’ll work quickly to restore order. With our expert team, you can regain control of your business’s financial health and focus on moving forward with confidence.
Introducing Xero, the ultimate online accounting solution for modern small business success!
Xero is the number one cloud-based accounting platform for small to medium sized businesses in Australia and we’re so in love with it that we built our entire business around it.
Join the millions of businesses worldwide that trust Xero to revolutionise their financial management.
Whether you’re a newbie to Xero or simply want to enhance your skills, we offer two fantastic options that will help you harness the full potential of Xero.
Nestled in the picturesque Northern Rivers region of New South Wales, Lismore is a vibrant and culturally rich city that beckons residents and entrepreneurs alike. With its stunning natural surroundings, a thriving economy, and a strong sense of community, Lismore and its surrounding areas offer an appealing blend of lifestyle and business opportunities.
Hobart, the capital city of Tasmania, is a charming and picturesque destination situated at the southernmost point of Australia. Known for its stunning natural beauty, vibrant arts scene, and thriving economy, Hobart is an ideal place to live and conduct a small business.
Located in the tropical north of Queensland, Townsville is a thriving city renowned for its unique blend of natural beauty, economic opportunities, and welcoming community. With its stunning landscapes, strong economy, and numerous amenities, Townsville has become an attractive destination for both residents and entrepreneurs looking to start or expand their small businesses.
Heart Bookkeeping was intentionally built in the cloud, providing services to our clients from day one on a remote basis. And although we’ve expanded our physical footprint to include Lismore, Hobart and Townsville, we’ve been very intentional about designing our offering to ensure all business owners in Australia can access and benefit from the services we offer.
We work on your business remotely using Xero accounting software. We are available by phone or email and we customise our bookkeeping solutions to meet the changing needs of your business. Our fixed fee pricing structure means no nasty bill surprises and ensures we’re always working hard to create efficiencies in your bookkeeping processes.
We understand that each small business owner is at a different stage in their business journey so we have packages that support you through each of these stages. Those ready to get on top of their cash flow struggles should check out “The Cash Flow Project”
Why pay for the time spent rather than the results achieved? We don’t charge an hourly rate, but instead provide you with a fixed fee solution so you know exactly what to budget for, providing you with cost predictability and removing the possibility of bill shock.
Fixed fees align our interests with yours as we have every reason to make your bookkeeping processes more streamlined and reduce the amount of time you spend on bookkeeping related tasks.
At Heart Bookkeeping we only use and recommend Xero online accounting software. Born in the cloud just like us, Xero provides small business owners with a user-friendly accounting experience and can handle all your day-to-day bookkeeping tasks as well as connecting with over 1,000 apps to simplify tasks such as payment collections, inventory, job management, CRM and more.
If you’re currently using another accounting software or struggling on excel, Heart Bookkeeping can get you set-up on Xero and transfer your important contact, payroll and other business information across so that you’re up and running in no time.
Yes we do! Depending on your learning style you can choose between two different delivery methods for your Xero training with us:
We’re always adding new content to the training portal so you can build on your basic knowledge over time and gain confidence in the quality of your Xero numbers.
You get 2 hours with one of our Xero certified gurus + up to one hour of additional phone and/or email support in the 2 weeks following your training session.
We also give you FREE access to our Xero Online Training platform for one month so you can access our downloadable checklists and additional training content.
We believe you get the best value out of working with us when we connect with your accountant so we’re all working together.
During the onboarding phase we reach out to your accountant to introduce ourselves and give them an overview of the services you’ve engaged us to deliver. We ask them to provide us with information that will help us do our job and that will ensure we provide them with a Xero file they’ll love.
We also touch base with them at key points in the year to update them on your business performance and get guidance from them on varying the business’s quarterly tax instalments you’re paying to the ATO if needed. After the end of the financial year we send them all the information we know they’ll need to get started on your tax and financial statements and make ourselves available for any queries they may have.
Coming from a public practice background, the leaders at Heart Bookkeeping have been on the receiving end of client and bookkeeper-prepared Xero files just like you, and know the difference a great bookkeeper can make to both your client and your accounting firm.
Heart Bookkeeping partners with responsive and proactive accountants and accounting firms to get the best outcomes for our mutual clients. Not only do we provide you with beautiful Xero accounting files and year end workpapers, we flag any changes in the client’s business that may require your advice and expertise. We also handle all your client’s Xero and transaction level queries so you have more time to spend on services such as tax planning and business structuring that will make a real difference to the lives of your client.
Find out how you can partner with Heart Bookkeeping here
"*" indicates required fields