A'o'K Bookkeeping
Both sides recorded
The loan appears correctly in each entity, and the two agree.
Service
Intercompany loans
Recorded properly and reconciled, ready for year end.
Money moving between related entities is normal and completely legitimate. Money moving between related entities with no records is how a simple structure becomes an expensive problem at tax time.
Reconciled through the year
Rather than reconstructed in a panic when the accountant asks.
Clean at year end
Your accountant gets a position they can work from, which is faster and therefore cheaper for you.
Included in
Which package covers this.
Intercompany loans sits inside our ongoing packages, or can be quoted as a one off. Rates start at $95 per hour.
Small
Owner operators and tradies working on their own.
- No employees
- Reconcile one bank account monthly
- Reconcile one credit card monthly
- Prepare and lodge BAS and IAS
- Report on trends
- Suggest improvements
Medium
Small businesses and tradies with a few staff and straightforward books.
- Up to five employees
- Reconcile up to three accounts, up to 150 transactions
- Prepare and lodge BAS, IAS and STP
- Superannuation
- Report on trends
- Suggest improvements
Large
Businesses with complex bookkeeping, reporting and financial requirements.
- Unlimited employees, charged per person
- Reconcile up to six accounts, up to 150 transactions
- Prepare and lodge BAS, IAS and STP
- Superannuation
- Report on trends
- Suggest improvements
Common questions
About intercompany loans.
We have a trust and a company. Can you handle both?
Yes. Multiple entities are common among our clients and are handled within a custom package.
Do you give advice on Division 7A?
That is your accountant's area and we will not pretend otherwise. What we do is keep the records clean enough that their advice is based on real numbers.
Also
Other things we handle.
Software set up and transitionXero, MYOB, QuickBooks or Reckon, plus the add on programs that do the heavy lifting.
Payables and receivablesMoney in and money out, and the follow up that keeps cash moving.
BAS, IAS, STP and TPARPrepared and lodged on time by a registered BAS agent.
Payroll and superannuationPay runs, superannuation guarantee, contributions and payroll tax.
Ready to get the books off your desk?
A free chat, a straight answer and a quote. No obligation and no jargon.
