Meet Your Professional TNS Accounting Team

TNS Accounting supports businesses with bookkeeping, general accounting, financial reporting, payroll, BAS-related work and accounting-system management, with the exact scope agreed for each engagement.

TNS Accounting is based in Epping, Victoria and works with businesses in Melbourne and other locations where services can be delivered securely through cloud accounting and digital records.

No. Local businesses can access in-person support where appropriate, while cloud-based bookkeeping and accounting systems also allow many services to be provided remotely.

The focus is to help business owners maintain organised financial records, clearer reporting and reliable accounting processes so they can understand their numbers and meet ongoing responsibilities.

Yes. New businesses often need help setting up bookkeeping routines, choosing an accounting system, organising records, establishing payroll processes and understanding recurring reporting obligations.

Yes. Existing businesses may benefit from catch-up bookkeeping, reconciliations, reporting improvements, payroll reviews, software clean-up or a better month-end accounting process.

The starting point is the business's current records, transaction volume, reporting needs, software, payroll requirements and internal workflow. The service scope can then be matched to the work that actually needs attention.

Support can be ongoing or project-based depending on the task. Some businesses need recurring bookkeeping and reporting, while others need help with a clean-up, migration, setup or specific accounting issue.

Recording and reconciling transactions consistently reduces the chance of missing items, duplicate entries and incorrect balances. It also makes BAS, payroll and year-end work easier to review.

Reconciliation compares accounting records with independent sources such as bank statements, helping identify omissions, duplicates and timing differences before reports are relied on.

Current and consistently prepared records give owners a clearer view of revenue, costs, cash flow, receivables, payables and profitability, making operational decisions easier to support with evidence.

No. A small service business, employer, growing company and business with overdue records can have very different workflows, so the process should reflect the client's actual accounting environment.

Bookkeeping support can include transaction recording, bank reconciliation, accounts payable and receivable processes, record organisation and preparation of reliable financial information.

General accounting can involve maintaining ledgers, reviewing balances, month-end accounting tasks, reconciliations and preparing information that supports management and compliance work.

Yes. Financial reporting support can include profit and loss statements, balance sheets, cash-flow information and reporting packs designed to help owners review business performance.

Payroll support can cover regular payroll processing, employee data maintenance, PAYG-related records, STP processes and payroll reconciliations, depending on the agreed service scope.

Yes. Accounting-system support can include setup, clean-up, workflow improvement, migration planning and practical assistance with platforms such as Xero and QuickBooks.

TNS Accounting can assist with preparing accurate records and BAS-related accounting work. Regulated BAS or tax services should be provided only within the scope permitted by Australian practitioner-registration rules.

Yes. Sole traders often need bookkeeping, GST tracking where registered, expense records, cash-flow visibility and accounting information ready for annual tax work.

Yes. Growing businesses may need more structured month-end accounting, payroll, accounts payable and receivable, management reporting and stronger controls around accounting software.

Businesses that lack internal bookkeeping capacity, have inconsistent records, are spending too much owner time on accounts, or need more reliable reporting often benefit from outsourced support.

Yes. Catch-up work typically starts by identifying missing periods, reconciling accounts, correcting obvious coding issues and bringing the accounting file to a usable current position.

It can. As a business grows, bookkeeping frequency, reporting depth, payroll workload and review procedures can be adjusted rather than keeping the same process indefinitely.

Yes. An external accounting team can complement internal staff by handling specialist bookkeeping, reconciliations, reporting, payroll oversight or system-related work.

The right frequency depends on transaction volume and decision needs. Many businesses benefit from weekly or monthly processing, while higher-volume businesses may need more frequent attention.

Common reports include the profit and loss statement, balance sheet, cash-flow reports, aged receivables and aged payables. The useful reporting pack depends on how the business operates.

Profit is based on accounting income and expenses, while cash flow reflects when money actually moves. Credit sales, loan repayments, asset purchases, tax payments and timing differences can create a large gap.

Monthly reporting helps owners identify trends earlier, monitor margins and expenses, track cash pressure and compare actual results with expectations before problems accumulate.

Sales recorded on credit can increase reported revenue before the cash is collected. Slow-paying customers can therefore create cash pressure even when the profit and loss statement looks healthy.

Decisions based on unreconciled or incomplete records can be misleading. A current accounting file gives owners a stronger basis for pricing, hiring, spending and cash-flow planning.

GST and PAYG figures are drawn from the underlying accounting records. Incorrect coding, missing invoices or unreconciled payroll can therefore affect the amounts reported.

Payroll creates wage, PAYG withholding, superannuation and liability entries that should agree with payroll reports and accounting balances. Regular reconciliation helps keep both systems consistent.

Single Touch Payroll is the ATO reporting framework through which employers report specified payroll information when payroll is processed. It is separate from BAS reporting, although payroll figures should reconcile.

Invoices, receipts, payroll records and other source documents help explain accounting entries, support deductions or GST treatment where applicable, and make reviews or corrections easier.

Yes. When records are behind, businesses can miss reporting deadlines, overlook liabilities or make rushed corrections. Bringing the books current is usually an important first step.

Avoid guessing. Record the transaction clearly, retain supporting evidence and obtain advice from a suitably registered practitioner where the issue involves regulated tax or BAS advice.

Yes. Cloud platforms can support bank feeds, invoicing, payroll integration, document storage and real-time collaboration when the file is configured and maintained properly.

Yes. Xero setup can include chart-of-accounts planning, bank feeds, opening balances, tax settings, user access and practical workflows suited to the business.

Yes. Support can include initial setup, transaction workflows, bank reconciliation, reporting and clean-up of an existing QuickBooks Online file.

Yes, but migration should be planned carefully. Opening balances, contacts, outstanding invoices, historical data and reconciliation status should be reviewed so the new system starts from reliable information.

Use consistent coding rules, restrict unnecessary access, reconcile accounts, review bank-feed matches and maintain supporting documents instead of relying entirely on software automation.

Role-based access limits who can view or change sensitive financial information. Businesses should give users only the permissions they need and review access when staff or advisers change.

A short summary of your business, accounting software, current bookkeeping status, payroll needs and the problem you want to solve is usually enough for an initial discussion.

Yes. You can discuss a focused need such as bookkeeping, payroll, reporting, BAS preparation support or accounting-system management rather than engaging every service.

The scope depends on transaction volume, number of accounts, payroll size, reporting frequency, condition of the existing records and whether historical clean-up is required.

Yes. Bookkeeping and management-accounting support can be coordinated with an existing tax adviser or other professional when clear responsibilities and information-sharing arrangements are in place.

Yes. Secure cloud accounting, document sharing and online communication allow many bookkeeping and reporting tasks to be completed remotely while keeping records accessible to the business.

Use the TNS Accounting contact page to outline the support you need. The team can then discuss your current setup and the most appropriate next step.