Bookkeeping for Contractors

Bookkeeping for Independent Contractors

No More Bookkeeping Headaches – We’ve Got You Covered!

At Advanced Bookkeeping and BAS, we specialise in bookkeeping for contractors and bookkeeping for independent contractors, helping you stay on top of your finances without the stress. From job costing to tax compliance, we’ve got you covered with industry-leading accounting software and expert support.

Running a contracting business comes with its own set of financial challenges. Tracking income and expenses, managing tax obligations, keeping cash flow steady, and making sure your financial records are spot on. That’s where we come in.

Independent contractor shacking hands with bookkeeper

Why Choose Our Xero Bookkeeping Services for Contractors?

Less Time on the Books, More Time on the Tools

Bookkeeping, tax compliance, payroll – it all adds up. But with our construction bookkeeping services and Xero bookkeeping software, managing your business finances gets a whole lot easier.

Xero Pros Who Know Their Stuff

We don’t just use Xero. We’re certified experts in it. Whether you’re juggling multiple projects, reconciling your business bank account, or tracking accounts payable and receivable, we’ll help you get the most out of the platform.

Certified Xero Advisors »

Business Activity Statement (BAS) & Tax Compliance

Tax time doesn’t have to be a headache. With our help, you’ll always be on top of your BAS reporting, tax deductions, and tax payments. We’ll ensure your financial documents are organised and that you stay compliant with income tax and GST laws. Our team uses Xero accounting software to automate tax tracking, ensuring your financial processes are smooth and hassle-free.

BAS Services »

Tailored Bookkeeping for Contractors

No two contractors operate the same way. That’s why we offer bookkeeping services designed for the unique needs of construction firms, tradies, and independent contractors. Need help tracking job costing, project costs, or preparing tax returns? We’ve got a bookkeeping system tailored just for you.

Bookkeeping Services »

Certified Payroll Services for Contractors

Paying your team on time while balancing cash flow management? We make it easy. Whether you’re handling multiple projects, managing accounts payable, or ensuring timely payments, our payroll services keep things running smoothly. Let us help you navigate the complexities of payroll for construction companies and contracting businesses, ensuring tax compliance and keeping your workers happy.

Payroll Services »

Our Bookkeeping Packages

Solo Essentials

$ 30 Weekly
  • Quarterly Preparation Review
  • Monthly Bank & CC Reconciliations
  • Quarterly BAS
  • Annual TPAR Lodgement

Small Business Basics

$ 50 Weekly
  • Weekly Preparation Review
  • Weekly Bank & CC Reconciliations
  • Quarterly BAS
  • Annual TPAR Lodgement
  • Quarterly Management Reports
  • Payroll For 2 Employees
  • Annual Payroll & PAYG Summaries
Popular

Growth Plan

$ 70 Weekly
  • Weekly Preparation Review
  • Weekly Bank & CC Reconciliations
  • Quarterly BAS
  • Annual TPAR Lodgement
  • Quarterly Management Reports
  • Payroll For 5 Employees
  • Annual Payroll & PAYG Summaries
  • Monthly IAS
  • Paperless Payables & Electronic Filing

Custom

$ POA Weekly
  • Weekly Preparation Review
  • Weekly Bank & CC Reconciliations
  • Quarterly BAS
  • Annual TPAR Lodgement
  • Monthly Management Reports
  • Payroll For All Employees
  • Annual Payroll & PAYG Summaries
  • Monthly IAS
  • Paperless Payables & Electronic Filing
  • Quarterly Face-To-Face/Virtual Meetings

Not sure which plan fits your business?

We understand that every business is unique, and we’re here to help. Whether you need guidance choosing the right plan or require a custom solution, we can tailor our services to suit your specific needs. Let us help you make bookkeeping easier, so you can focus on growing your business.

Why Work with Advanced Bookkeeping and BAS?

We Know Contractors, and We Know Bookkeeping

We’ve spent years helping construction businesses, tradies, and independent contractors manage their business finances with ease. Whether you’re tracking capital gains, handling accounts receivable, or keeping up with tax laws, we’ll make sure you’ve got a robust bookkeeping system in place.

  • Accurate bookkeeping with no financial guesswork
  • Tax preparation & compliance so you stay ATO-ready
  • Bookkeeping process automation for less admin and more efficiency
  • Industry experience so you get tailored support for contractors and construction firms

Staying on top of your business finances is crucial, and accurate bookkeeping is the key to keeping your construction business profitable. Whether you need help with tax preparation, job costing, or tracking expenses, we’re here to help.
Let’s make your bookkeeping stress-free – reach out today.

How Xero Helps Contractors Manage Their Finances

Smart Bookkeeping for a Smoother Business

Using Xero accounting software isn’t just about keeping books. It’s about making informed financial decisions and staying ahead of your financial management. Here’s how:

Real-Time Financial Tracking

No Guesswork, Just Real-Time Data.
No more waiting for financial reports at the end of the month. Xero provides live insights into your business finances, helping you manage tax obligations, track income, and keep your balance sheets in check.

Automated Management

Pay Your Team and Track Expenses Without the Stress.
Stop juggling deductible expenses and project costs manually. Xero integrates payroll, expense management, and invoicing in one place, so you always know where your money is going.

Easy Client Invoicing

Get Paid Faster, Without the Hassle.
Keep cash flow steady with simple, professional invoices. Xero helps you send and track client payments while integrating with payment gateways for faster transactions.

Bank Reconciliation Made Simple

Get Less Admin, More Accuracy.
Tired of manual reconciliation? Xero automatically matches transactions with your bank account records, so your financial data stays accurate with minimal effort.

Bookkeeping for Contractors FAQS

Questions Meet Answers

Man looking through BAS receipts

The best accounting software for independent contractors is Xero. It has repeatedly scored better reviews for usability and features than competitors like QuickBooks. And its integration with existing systems makes it ideal for contractors juggling multiple projects over separate bank accounts.

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