Accounting & Bookkeeping
Bookkeeping
Reliable, accurate bookkeeping is the foundation of every well-run business. PHC & Associates maintains your books on a regular cycle — weekly, fortnightly, or monthly — so your financial records are always current, compliant, and ready when you need them.
1000+
Clients Served
CPA
Certified
Cloud Based
Real-Time Access
What's Included
Everything Handled for You
Regular data entry and transaction coding to your chart of accounts
Weekly, fortnightly, or monthly bookkeeping cycles to suit your business
Cloud-based bookkeeping via Xero, MYOB, or QuickBooks
Categorisation of income, expenses, assets, and liabilities
GST coding and BAS preparation support
Journal entries and end-of-period adjustments
Review of bookkeeping records for accuracy and completeness
Year-end bookkeeping finalisation ready for tax return preparation
Why It Matters
Why Bookkeeping Matters for Your Business
Many business owners underestimate the impact of poor bookkeeping — until it causes a real problem. Accurate, up-to-date books are not just a compliance requirement; they are the foundation of every smart business decision.
Know Your True Position
Without current books, you're flying blind. Accurate bookkeeping tells you exactly where your money is going — and where it's coming from — at any point in time.
ATO Compliance
The ATO requires businesses to keep financial records for a minimum of 5 years. Poor records are the leading trigger for ATO audits, penalties, and interest charges.
Cash Flow Control
Most businesses that fail do so due to cash flow problems — not lack of profit. Current books let you spot cash flow issues weeks before they become a crisis.
Tax Readiness
Well-maintained books mean your tax return is prepared faster, more accurately, and with every deduction captured — saving time and money at year end.
Business Growth
Lenders, investors, and buyers all want to see clean financial records. Good bookkeeping positions you to access finance, attract investment, or sell when the time is right.
How It Works
Your Step-by-Step Process
A clear, repeatable process so you always know what to expect.
Engagement Setup
We confirm your bookkeeping frequency, software, and chart of accounts.
Access Granted
You provide software access or upload documents to our secure portal.
Books Maintained
We code, categorise, and reconcile transactions each period.
Review & Query
We flag any unusual items or missing information for your input.
Reports Delivered
A summary report is provided each period so you know where you stand.
Tax Ready
Your books feed directly into BAS and tax return preparation — no double handling.