BAS and IAS preparation without the month end rush
BAS preparation should not mean your accountants are spending hours going back through transactions, checking GST codes and rebuilding workpapers just before a deadline. We provide outsourced BAS and IAS preparation for Australian CPA and bookkeeping practices, helping your team keep recurring compliance work moving without adding another layer of routine preparation to the practice. Our team prepares the business activity statement (BAS) or IAS, supporting schedules and review points using your firm's processes, so your accountant or BAS agent receives a structured file ready for professional review and BAS lodgement. We prepare the numbers. Your accountant makes the final call.
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Bookkeeping servicesBAS and IAS preparation
What we prepare
Our BAS and IAS support can cover the key activity required to prepare recurring activity statements. The exact scope can be aligned with the requirements of each client and your firm's internal checklist.
- GST calculations and review
- PAYG withholding
- PAYG instalments
- GST adjustments where applicable
- Relevant BAS and IAS labels
- Period to period comparisons
- Supporting schedules and workpapers
- GST reconciliation and PAYG reconciliations
- Exception and variance checks
- Supporting documentation for review
BAS preparation starts before BAS time
A clean BAS is usually the result of clean records throughout the period. Our team can support the BAS bookkeeping and reconciliation work that sits behind the activity statement. This helps reduce the risk of discovering avoidable issues when the BAS deadline is already approaching.
- Bank and credit card accounts reconciled
- GST control accounts checked
- Unusual or high value GST transactions identified
- Missing or unreconciled transactions flagged
- Tax codes reviewed for consistency
- Prior period movements compared
- Large adjustments investigated and escalated
Our BAS and IAS preparation workflow
A consistent workflow helps your accountants review files faster and makes recurring BAS work easier to manage.
- Records and reconciliationsCheck that the relevant books, bank accounts and supporting records are up to date.
- GST and PAYG reviewReview relevant GST, PAYG withholding and PAYG instalment information.
- BAS or IAS preparationPrepare the applicable activity statement labels and supporting calculations.
- Exception checksCompare movements, investigate unusual items and flag matters requiring attention.
- WorkpapersPrepare supporting schedules and documentation in the agreed format.
- Senior reviewCompleted work is reviewed before being returned to your practice.
- Accountant reviewYour accountant or BAS agent performs the final professional review and lodgement.
What we look for during preparation
BAS preparation is more than entering figures into an activity statement. Where included in the agreed scope, our team can look for the items below. Items that cannot be determined from the available records are escalated to your team rather than assumed.
- Unexpected changes in GST compared with prior periods
- Large or unusual GST transactions
- GST coding inconsistencies
- Unreconciled GST balances
- Unusual PAYG withholding movements
- Missing transactions or supporting records
- Significant changes in turnover
- Transactions requiring clarification from the practice
- Variances that may affect the activity statement
- Any asset purchase during the period
- Suspense transactions
Built for Australian CPA and bookkeeping practices
We work as an extension of your practice rather than as a separate compliance operation. Our team can work across Xero, MYOB, QuickBooks and other platforms used by Australian practices.
- Use our standard BAS and IAS preparation checklist, or work to any checklist your practice provides
- Work within your preferred accounting platforms
- Follow your workpaper and file naming conventions
- Escalate exceptions rather than making unsupported assumptions
- Prepare files for your accountant's review
- Maintain consistency across recurring client work
Why outsource BAS and IAS preparation?
Recurring BAS services and activity statement work can absorb a significant amount of accountant time, particularly when the practice is managing a large number of clients.
- Increase capacity during BAS periods
- Reduce repetitive preparation work for accountants
- Keep recurring compliance work moving
- Create a more consistent preparation process
- Scale support as your client base grows
- Give senior accountants more time for review and client facing work
Frequently asked questions
Do you provide BAS preparation services for Australian accounting firms?
Yes. We provide outsourced BAS preparation support to Australian CPA and bookkeeping practices, including registered BAS agents, with the scope aligned to the firm's workflow and review requirements.
Can you prepare IAS as well as BAS?
Yes. We can support both BAS and IAS preparation, depending on the client's reporting requirements.
Do you lodge the BAS?
Our standard role is preparation and supporting workpapers. Your Australian team retains responsibility for the final professional review and lodgement unless a different arrangement has been agreed.
Can you work with our existing BAS checklist?
Yes. We can follow your firm's checklist, workpaper format, review points and escalation process.
Can you handle a large BAS client list?
Yes. The service can be structured around recurring client volumes and your practice's deadlines.
What accounting software do you use?
Our team works with commonly used platforms including Xero, MYOB and QuickBooks, as well as other systems used by Australian practices.
Can you identify GST issues before BAS preparation?
Where included in the agreed scope, our team can identify unusual GST movements, coding issues, unreconciled balances and other exceptions for your team's review.
Let's add capacity to your practice
Tell us a little about your practice and a senior team member will reach out within one business day.