BUSINESS SETUP
Save Money On The Accountant’s Bill By Fast Tracking Procedures
Are DIY bookkeeping tactics utilising your precious time efficiently? Enlist the help of a construction-specific professional Bookkeeper and get back to doing the job you went into business to do.
When making the transition into running your own trade-based business, it’s critical that you know the bookkeeping basics. No two jobs you take are going to be the same in scale or length, so you must have solid procedures in place to allow your operations to keep up with the speed of your industry.
We assist in setting up the best payroll, accounting & receipt-keeping software for your unique needs, customising your chart of accounts, importing & exporting data between software, creating invoice templates, setting up rules in bank feeds and linking bank accounts. We also offer one-on-one training if setup is all that you need help with.
Having a bookkeeper that specialises in the building and construction sector will save you money in mistakes and missed opportunities, as well as precious time you could spend working in your business or relaxing.
Free Guide Reveals
5 Steps To Accurate & On-time Construction Bookkeeping
Enjoy peace of mind knowing your bookkeeping is professional and your business is profitable
What we can deliver for you
Our construction-based experience will benefit you & your business with:
Saved Time
Bookkeeping Accuracy
Assured Compliance
Who We Help
LL Bookkeeping assist all businesses across the building and construction sector with their unique needs as we offer a personalised set of services to each organisation
Builders
Tradies
Large, Construction-Based Business Owners
Hi,
My name is Louise Lamb. I help business owners in the building and construction industries perfect their bookkeeping to create a place of certainty and business growth.
I work with sole traders, partners and companies with both sub-contractors and employees on their payroll.
I stay across the numerous employee awards ensuring my clients remain within legislation and out of trouble.
With thanks to my own years in building and construction, I offer my clients the best possible guidance for bookkeeping in their unique industry.
Louise Lamb
Director, LL BookKeeper
How We Do It
Testimonials
Rick Micaleff
Rick Micaleff Protech Group Pty Ltd
Having a professional Bookkeeper that specializes in the Construction Industry means I can focus on my business and not worry about my books. I’m confident that Louise of “LL Bookkeeping” will ensure my accounts are up to date, accurate and compliant.
Sammy Leonard
Breeze Balm
Louise is easy going, friendly and really listens to my needs as a business owner. She keeps our finances well groomed and up to date. She provides great advice and helps with realistic budgets. I highly recommend her!
Janine Mcauley
Gold Coast Budget Pools
Louise is a Godsend, we have just started our own business and she was there to help me with my BAS and questions I have with Xero. My stress levels were instantly relieved and felt comfortable straight away, highly recommend her services”
FAQ's
Do I have to pay superannuation to subcontractors?
Are you paying Sole Traders for contract labour hire? There may be an obligation to pay them superannuation. Some of the key points to consider:
Did they quote by the hour or a fixed price for the job?
Do you require them to complete the work themselves or do they have the option to delegate the work?
If they quoted by the hour and didn’t have the option to delegate the work there is most likely a superannuation obligation. If so, this must be paid directly to their selected super fund (not to the sub-contractor). Ask your bookkeeper for guidance if you’re unsure.
I entered my income & purchases and my accountant lodges my bas. What else is there to do?
It’s really important to have this conversation with your accountant. What exactly is covered in their fee? Unless you have your own bookkeeper and you’re confident all the data has been recorded correctly and reconciled (not only your bank accounts but also your balance sheet accounts), are you sure your accountant is receiving and lodging the correct information? Check what is included in their fees in detail. Is there a missing piece in the puzzle that could be costing your business $$$$?
Why should I have a separate bank account for business and personal use?
If you’re using your business bank account for daily purchases than either you or your bookkeeper is spending time entering and coding these transactions. All of your personal expenses are coded to directors’ loan account, drawings account or similar (whichever the account is titled, the outcome is the same). This wasting your own time or you’re paying someone else to do this and put simply, it’s just not necessary because it’s not business-related. Keep these transactions separate to your business. Save your valuable time or money. Instead, if you want to draw funds why not set up a recurring transfer for a set amount to your personal account? You can even set up a bank rule so it reconciles itself each time. No time wasted!
Book A Free 30 Minute Tradie Bookkeeping Strategy Call
We’re offering half an hour of our expertise to help you clear up those areas you’ve been dreading to address.
