Bookkeeping

Keeping all your business financials under our expert supervision

Electra Frost Accounting employ tech-savvy bookkeepers to deliver a high quality product efficiently and within clients’ budgets. Working in lock-step with our accounting team, and using the same systems and knowledge resources, they make sure our clients’ records are ready for action.

Imagine having up to date accounts all year round!

Cloud business tools are rapidly changing the way businesses operate by streamlining processes like bookkeeping. The result is liberated employees and directors who are free to focus on core business processes. Our cost-effective bookkeeping packages save valuable time in many ways and can even reduce your accounting fees. Rather than having your accountant spend time checking all the numbers are in the right place and rectifying mistakes, they can focus on finding ways to save you tax and improve profitability.

Bookkeeping is concerned with recording your transactions, whereas accounting involves interpreting, analysing, classifying and summarising the financial data to create useful reports and advice. The quality of your accountant’s work, and therefore the usefulness of their advice, depends on the accuracy and reliability of the bookkeeping input. 

Would your time be better spent on running your business? Are your staff not doing the best job of it? Running a business is all-consuming. Instead of doing the books yourself you could be making money, developing your business or refuelling. Your staff could be happier and more helpful to your business if you let them do what they’re best at doing too.

Do you wish your bookkeeper and accountant worked with each other and demanded less of your time to clear up queries? The best kind of bookkeeper works in sync with your accountant and knows what is expected. Theirs should be a team effort to make sure you get what you’re paying for. With Electra Frost Accounting, you only need to provide the information once.

Feeling intimidated and confused by all the changes in Single Touch Payroll, GST, super guarantee and Fair Work regulations? Our bookkeepers keep up with all these changes and by regularly seeing all the transactions going on in your business as they happen, they can recognise any problems and bring them to our attention sooner. 

Shocked by last year’s accounting bill and unpredictable bookkeeping fees? Our fixed-price bookkeeping packages are just the ticket for managing your cash flow and having peace-of-mind that your accounts are in good hands. Plus you’ll receive periodic Cash Flow and Budget Reports to assist you with keeping goals and business planning.

Customer Testimonials

We are fantastic to work with.
But don’t just take our word for it, take theirs!

Giordana Cocco

I found Electra after trying three different (recommended) accountants and she has been looking after both my personal and business matters for several years now.
Electra and her truly fabulous team have always looked after my affairs in a rigorous and systematic manner.
Every member of the small team at Electra Frost Accounting is endlessly patient and great at explaining tax matters in layman’s terms. I feel in great hands with them because they are knowledgeable, highly reliable and work prudently, yet striving for the best results.
Their approach is modern and streamlined, their fees are transparent, and everyone goes the extra mile, providing precious peace of mind for clients.

Giordana Cocco, Umbilico Pty Ltd

Chris Gillies

Electra and her team have become an important part of my business
Electra Frost Accounting and I go back to 2013, when I made the decision to jump off the corporate ladder and start up a copywriting agency. Electra explained business structures and set-up my company with ASIC. Since those early days, Electra and her team have become an important part of my business. Whether it is providing advice on taxation, superannuation, GST and expenses to completing my annual company and personal tax returns. I’m now less terrible with numbers!
As an added bonus, Electra specialises in creative industries (which I am in) so understands the type of work I undertake. Whenever a fellow writer or creative type ask me for an accounting recommendation I always say, Electra Frost!’

Chris Gillies, Jam Tin Copy Pty Ltd

Aaron McLisky

It has been the most wonderful experience working with them. I run a small business and have tried numerous other accountants but nobody else has had the professionalism and efficient online tools to give me the best customer service around. I highly recommend them.

Aaron McLisky, Cinematographer

Monica Davidson

We have worked with Electra Frost Accounting for over ten years and are very happy with the service. Electra and her team have been an integral part of the journey of our business, including the growth we’ve experienced in the last few years. They have ensured that our financials are always in good shape when it comes to reporting time, of course, but I’ve also appreciated their time and patience when it comes to teaching us new systems and alerting us to better ways of managing our financial situation. We highly recommend Electra to our creative business clients, as we work exclusively with creative clientele, and will continue to do so.

Monica Davidson, Creative+Business

FAQs

What’s the difference between bookkeeping and accounting?*

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Why is bookkeeping necessary?*

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When should I outsource my bookkeeping?

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Does cloud accounting software make bookkeeping easier and faster?

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What are the most important bookkeeping rules?

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