Core bookkeeping

Quarterly bookkeeping

Bookkeeping processed on a quarterly cycle for a simple file with low monthly activity.

Who it suits

Very small files with modest volume, where a quarterly rhythm still leaves enough time to code and reconcile properly.

The problem it addresses

Some businesses do not need a monthly close, but still need a maintained file before an activity statement or management discussion.

Included

• Quarterly coding within a defined transaction cap
• Reconciliation of included accounts
• A quarterly bookkeeping report

Excluded

• High-volume files
• Weekly payables
• A promise that quarterly processing will suit every BAS cycle

What you need to supply

• Statements for the whole quarter
• Invoices and bills accumulated during the quarter

How it is delivered

Work starts when the quarter's records are supplied. Missing weeks are queried rather than skipped silently.

Pricing

Quote, or a monthly package billed quarterly only if an administrator configures that billing frequency.

The quote states whether the charge is quarterly in advance or a monthly subscription. Both amounts are shown before acceptance.

Turnaround and dependencies

Depends on the size of the quarter and how complete the records are.

• Low enough volume that a quarter can be processed without a rushed close

When a person needs to assess the file

Required when the quarter includes catch-up, payroll or poor source records.

Professional limits

Quarterly bookkeeping does not lodge the BAS.

How to purchase

Choose quarterly in the plan builder. If the volume is too high, the builder explains why a monthly package or a manual review is the better fit.

Questions