Taking care of your business.

Toowoomba Bookkeeping services for growing businesses.

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Toowoomba Bookkeeping Services

In The Black Services is a bookkeeping business based in Toowoomba. We specialise in providing businesses with a Virtual CFO service including insightful reporting, bookkeeping, Cash Flow Management, Payroll & Taxation Compliance Services.

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Our Services

Virtual CFO

We take care of your day to day business numbers and financial challenges online or in person while you grow your business. Your data integrity is vital to growing your business. We help you provide quality data in a timely manner.

Insightful Reporting

Using efficient online accounting software, we can assist with producing real time accurate reports required by the ATO, banks, legal advisors and insurance providers.

Bookkeeping

Assist with keeping the day to day transactions up to date and accurate or be on hand remotely to assist with any processing problems. Provide bookkeeping support and training for Xero.

Cash Flow Management

Weekly. monthly or quarterly assistance with the management of accounts payable to manage with cash flow and the management of accounts receivable.

Taxation Compliance

Prepare and lodge BAS, tax returns and other ATO reports.

Frequently Asked Questions

In the Black Services specialises in small to medium businesses.  From sole traders with no employees, to partnerships, trusts and companies.

A bookkeeper looks after the day to day financial transactions of a business. Recording  the sales, purchases, receipts and payments.  These days this is assisted  by online software so the bookkeeper oversees the correct generation of the data. An accountant then uses this information to generate financial reports and tax returns.  Here at In the Black Services we do both jobs.  Bookkeeping and accounting.

Based on the requirement of a client we work on a fixed monthly charge which is reassessed each financial year.

We use and specialise in Xero software, but can also work with MYOB and Reckon.

No. Using online software it is possible to service clients Australia wide.

Yes.  Here are 8 initial steps:

  1. Have a plan but keep it simple;
  2. Decide on structure;
  3. Apply for an ABN;
  4. Register your business name;
  5. Open a separate bank account for business transactions only;
  6. Keep your day job initially;
  7. Build a budget;
  8. Investigate software for recording transactions.

Book your free 30 minute consultation with our Bookkeeping specialist.

Your Free Consultation.

Select a time that suit to book your free consultation with one of our specialists.