What a Accounting & Bookkeeping Hire Can Do For Your Business

What a Accounting & Bookkeeping Hire Can Do For Your Business
Bookkeeper | Accountant | Tax Accountant
A Philippines-based accounting hire through Tarino can take on the tasks below. Use this as a guide when scoping the role before your discovery call.
BOOKKEEPING
Task | What this looks like in practice |
|---|---|
Accounts payable | Processing supplier invoices accurately. Matching to purchase orders. Scheduling payments and maintaining AP records. |
Accounts receivable | Raising client invoices. Following up outstanding balances. Reconciling payments received. |
Bank reconciliation | Reconciling bank statements to accounting records daily or weekly. Investigating and resolving discrepancies. |
Payroll processing | Processing payroll accurately and on time. Reconciling super contributions. Maintaining leave balances. |
GST & BAS preparation | Preparing BAS with accurate GST calculations. Reviewing coding before submission. Meeting ATO lodgement deadlines. |
Month-end close | Processing journal entries, accruals, and prepayments. Reconciling balance sheet accounts. Producing trial balance. |
Expense management | Processing and coding expense claims. Ensuring receipts are attached and compliant with policy. |
Xero / MYOB management | Maintaining chart of accounts, contacts, and templates. Keeping software data clean and accurate. |
REPORTING & COMPLIANCE
Task | What this looks like in practice |
|---|---|
Management reporting | Producing accurate P&L, balance sheet, and cash flow reports to an agreed schedule. Highlighting key variances. |
Tax compliance support | Assisting with preparation of income tax returns, FBT returns, and other statutory lodgements. Meeting all deadlines. |
Audit support | Preparing and organising documentation for external audits and compliance reviews. Responding to auditor queries. |
Document management | Organising and archiving financial records per retention policy. Ensuring documents are accessible for review. |
Workpaper preparation | Preparing workpapers and reconciliations to support tax returns and financial statements. |
TAX (SENIOR ROLES)
Task | What this looks like in practice |
|---|---|
Income tax return preparation | Preparing individual, company, trust, and partnership tax returns in compliance with ATO requirements. |
Tax planning & advice support | Assisting with tax planning calculations, strategy modelling, and client-facing summaries. |
FBT return preparation | Gathering data, calculating FBT liability, and preparing the annual FBT return. |
Division 7A management | Identifying and managing Division 7A loans. Preparing complying loan agreements and repayment schedules. |
ATO correspondence | Drafting responses to ATO notices and correspondence for adviser review and lodgement. |
ASIC & company secretarial support | Maintaining ASIC company registers. Preparing annual review documentation and minutes. |