Should we lodge quarterly or monthly?

It depends on your turnover and cashflow. We'll set you up on the cycle that suits and keep you on time.

Cash or accruals GST - which is better for me?

It depends on how you invoice and get paid. We'll work out which method helps your cashflow and set you up on it.

We're behind on our BAS - is that a problem?

Fixable. We catch you up and, if there's a debt, deal with the ATO on your behalf.

An Instalment Activity Statement - used to report things like PAYG between your BAS periods. We handle it where it applies to you.

Can you do the bookkeeping that feeds the BAS?

Yes - bookkeeping, BAS and tax all under one roof, so the figures line up.

What if I can't pay the BAS in full?

Talk to us before the due date. A payment arrangement is usually possible, and early is always better than late.

Business Activity Statements (BAS)

BAS and GST prepared, reconciled to the bank and lodged on time – quarterly or monthly. Behind, or carrying an ATO debt? We catch you up and deal with the ATO so it stops hanging over you.

Book a Chat Call (07) 5593 6060

How we help — at a glance

What we handle:

✓BAS prepared & lodged on time

✓GST reconciliation – figures that match the bank

✓PAYG withholding & instalments

✓IAS lodgements

✓Bookkeeping that feeds the BAS

✓ATO payment arrangements if needed

Book a chat (07) 5593 6060

BAS that matches your bank, every time

A BAS is only as good as the bookkeeping behind it. Lodge from a file that hasn’t been reconciled and you’re really just guessing – and the ATO’s data-matching is good enough now that the guesses get noticed. We make sure your GST reconciles to the bank and the figures are right before anything is lodged. Quarterly or monthly, we keep you on the ATO’s timetable so lodgement is routine rather than a quarterly scramble.

What we prepare and lodge

Your BAS usually does more than report GST. Depending on your business it also covers PAYG withholding (the tax you hold back from employees’ wages), PAYG instalments (pre-payments toward your own income tax), and sometimes fuel tax credits or other obligations. Between BAS periods, we also handle Instalment Activity Statements (IAS) where they apply.

We prepare and lodge all of it as one connected piece, so the numbers agree across your statements and nothing is double-counted or missed.

Getting the GST method right

Most small businesses can choose to account for GST on a cash basis (when money actually moves) or an accruals basis (when invoices are raised). The choice affects both your cashflow and how much GST you hand over in any given quarter, and the right answer depends on how you invoice and get paid. We’ll set you up on the method that suits your business rather than the one that happened to be ticked when you registered.

Behind on your BAS, or with the ATO?

Falling behind, or building up an ATO debt, is far more common than people think – and it’s fixable. The worst move is going quiet and hoping it sorts itself out; it doesn’t, and interest keeps running. We get you caught up, make sure the lodgements are right, and where it’s needed we negotiate a payment arrangement with the ATO while there are still good options on the table. Dealt with early, an ATO debt is almost always workable.

Common questions

Should we lodge quarterly or monthly?: It depends on your turnover and cashflow. We’ll set you up on the cycle that suits and keep you on time.
Cash or accruals GST – which is better for me?: It depends on how you invoice and get paid. We’ll work out which method helps your cashflow and set you up on it.
We’re behind on our BAS – is that a problem?: Fixable. We catch you up and, if there’s a debt, deal with the ATO on your behalf.
What’s an IAS?: An Instalment Activity Statement – used to report things like PAYG between your BAS periods. We handle it where it applies to you.
Can you do the bookkeeping that feeds the BAS?: Yes – bookkeeping, BAS and tax all under one roof, so the figures line up.
What if I can’t pay the BAS in full?: Talk to us before the due date. A payment arrangement is usually possible, and early is always better than late.

General information only – not financial or legal advice. Thresholds and tax rules change; confirm current requirements or speak to us before acting on anything you read here.

What Our Clients Say

Chris and the team have offered constant and ongoing advice and support as we’ve faced the challenges of a fast-growing business. QC Accountants have been able to keep up with us and guide us each step of the way. QC’s highly experienced and friendly staff have a deep understanding of our business’s unique needs and are an absolute pleasure to work with. I’d recommend QC to anyone as they’ve always been there offering excellent support whenever needed.

When purchasing our business Chris from QC Accountants provided a comprehensive due diligence report and this report was crucial in understanding the business we were purchasing. We then used this information to negotiate the purchase price. He also assisted with providing documentation to the bank to help secure our business loan. The past 18 months during COVID have been challenging, Chris’s ongoing support, help and advice has been priceless during this difficult period. QC Accountants took the stress away when applying for Job Keeper, cash-flow boost and Government grants. AC Fitouts is extremely happy with Chris and the team at QC Accountants. They are wonderful to work with and I would highly recommend their services. They are professional, knowledgeable, reliable and friendly.

QC Accountants has been of great assistance to my business in setting up and implementing an efficient accounting system which has permitted strategic decision making surrounding marketing, service expansion and investments. They have great communication, a friendly and down to earth team, and are transparent and always willing to assist or provide advice when needed. QC has an array of services which were tailored to our individual business needs, not to mention competitive pricing.

QC Accountants have been instrumental in the growth and streamlining of my business. They have assisted me with tax grants that I would have otherwise not known about or been unable to complete alone. The team at QCA are very responsive, friendly and patient. If I have a problem or question, they are onto it right away. I would recommend them to everyone because they are an honest and local business that you can trust.

QC Accountants were a shoulder to lean on in our early days, helping and guiding our business to meet all our regulatory and financial obligations. They kept their steady hand on the tiller, playing the role of Chief Financial Officer, from financial modelling, budgeting, bookkeeping, financial accounts preparation, board management accounts, liaising with our auditors - nothing was too much. This allowed us to focus on growing our business with their financial input which was invaluable! Their accessibility, their willingness to listen to our particular needs and coming up with a solution is first class. For any business out there that doesn't have the ability to have a dedicated Financial Director then appoint QC Accountants. They will get the job done and give you back the time to focus on what is important to you and your business.

QC Accountants have been a great foundation of knowledge and support for us as new business owners. I'm able to call or email anytime with the same day turnaround and there is always someone on hand to help navigate any issues within the business. There is never a problem too big or small! I would recommend QC Accountants because they are relatable, reliable and efficient. As a new business owner learning the ropes, it is really nice to be able to call and have someone teach me the process in how they solved an issue so I can learn along the way. I've always felt like there are no silly questions and we are all part of a team.