Nayra Bookkeeping Services can provide all aspects of bookkeeping, Xero Setup, Payroll Setup, Conversions from MYOB / Reckon / Quickbooks, Creditor and Payroll Processing, BAS preparation and lodgements, annual payroll summaries, reconciliations, journals, and even tidy up the last 12 months of your books. We also offer training on Xero. The services can be tailored to what you need, so call us to have a chat about what we can offer.

You can select the services you want with so whether you want just basic services or full management of your account, payroll and creditors – we have the service to help you and can tailor something to suit your needs. Just ask us!

Nayra Bookkeeping Services can work with your existing accountant and provide up to date real time information to them. We like to build a good relationship with your accountant so that the reports are in a format that is meaningful to yourself and your accountant. Our services are well loved by accountants and we aim to have our reports at the high quality an accountant needs. If you don’t have an accountant we can recommend one to you.

Nayra Bookkeeping Services has its head office in Adelaide, and we have a support office in the India to undertake clients’ data entry and reconciliation work cost effectively. Our team members are highly trained, working in a locked high security environment. Client’s data is secure and encrypted, and employees go through security clearances and rigorous training before working with our clients. Our software access is secured through single-sign-on authentication, which means our staff can access the programs securely and have their usage tracked and authenticated with a full audit trail. As an extra security measure, any data accessed by our team can only be accessed from within our India office’s fixed IP addresses.

To ensure we can update your books, we do need a minimum of information from you. If done regularly it doesn’t take long, and the more frequently you do this the more up to date your books are. We are a big advocate for being efficient and minimising administration time.

• • Have all of your suppliers email your invoices to you. You can then setup email rules to have them auto forwarded to us.
     Better yet, is that we can get in touch with your suppliers to have invoices emailed direct to us.
• • Use apps such as Receipt Bank to take a photo of receipts and bills when you are out and about.
• • Use Drop box to share files and information.
• • Provide us with log ins of suppliers and other service providers so that we can obtain the information ourselves and not bother you!

Yes. Bookkeepers and accountants are part of a process to look after your financial affairs. You could say that bookkeepers look after the first stage and accountants look after the second stage. Bookkeepers do not require formal education in business or accounting. Accountants at minimum require a university degree and must meet annual training requirements and are monitored by their professional standards board.

Bookkeepers are responsible for the processing of business transactions. This includes:

• • Data entry of bills and invoices
• • Reconciliation of the bank accounts
• • Payroll processing (not HR advice)
• • Reconciling Accounts Payable/Accounts Receivable and may pay bills and chase up outstanding customer invoices.
• • Good bookkeepers will provide a management report for the business owners and managers to enable them to see how the business is performing.

Accountants build on the work a bookkeeper has done and takes it further.
Accountants may provide the following services:

• • Review the work of the bookkeeper to ensure accuracy.
• • Apply their taxation knowledge to ensure financial statements apply with tax law.
• • Produce year end financial statements and tax returns.
• • Review the accounts to provide tax minimisation advice.
• • Provide a wide variety of business advice.