Peregian Bookkeeping Services Makes Online Sportswear and Equipment Business Financially Strong

An e-commerce business in Peregian specialising in sporting equipment and athletic gear was on the verge of taking off, but their bookkeeping was holding them back. The owner realised this and reached out to our Peregian bookkeeping team.

Orders were rolling in around the clock, stock was flying off the shelves, and things were finally picking up speed. The business was sprinting ahead, yet behind the scenes, the owner was struggling to keep up the pace. 

DIY bookkeeping had worked fine when he was just starting out, but as the business grew, it became impossible to manage. He’d frequently stay late trying to catch up, but no matter how much he did, he kept falling further behind. He was constantly worried he’d miscategorised expenses and found himself lodging BAS at the very last minute while hoping he hadn’t made a mistake that would lead to a fine. The stress was starting to take its toll, and worse, it was stopping him from focusing on growing his brand. He knew he needed help. It was time to call in a Peregian bookkeeping service to get his finances back in shape.

What Our Peregian Bookkeeper Delivered

At Darcy Bookkeeping & Business Services in Peregian, we started by reviewing the store’s MYOB bookkeeping software. Our first task was to correct the reconciliation errors that had the owner so stressed out. Once everything was corrected, we began catching up on the backlog of work the owner simply hadn’t had time to handle.

After getting all the records up to date, we took over the data entry, freeing the owner from hours of manual admin every week. From there, we generated clear profit and loss statements, balance sheets, and cash flow reports, laying out exactly where the business was making money and where things could be tightened up.

With everything now organised and accurate, we could prepare and lodge BAS and tax reports, confident that every figure was accurate. Now, instead of panicking at the end of each quarter, the owner has peace of mind knowing his compliance is under control.

In summary, our Peregian bookkeeper managed to:

• Catch up on overdue bookkeeping and fix reconciliation errors with expert bookkeeping support
• Organise invoices and maintain accurate, up-to-date records
• Generate clear profit and loss statements, balance sheets, and cash flow reports in MYOB
• Prepare and lodge BAS and end-of-year tax reports accurately and on time
• Provide ongoing full-service Peregian bookkeeping support and practical business advice

The Value of a Dedicated Peregian MYOB Bookkeeper

With the help of a Peregian bookkeeper, the store finally hit its stride. The owner went from spending nights buried in spreadsheets to focusing on stock, customer service, and growth. Instead of worrying about mistakes, he could trust that professionals were keeping everything on track behind the scenes. Purchases were reconciled immediately and correctly, BAS was lodged early, and for the first time, he had a clear view of how his business was performing. His business now truly runs better than ever.