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Bookkeeping Services

At 2account, we understand that bookkeeping is a necessary but often time-consuming aspect of running a business.

So why not let our dedicated Xero bookkeeping team manage it for you?

Protect Your Business With Xero Bookkeeping

2account specialises in providing accountants and business owners with customised, affordable bookkeeping solutions designed to meet their unique financial needs.

Why 2account is the right Xero Bookkeeper for you

Detail-Oriented

With a focus on all types of businesses, we ensure accuracy and care in every aspect of your bookkeeping, helping you stay on top of your finances without the hassle.

Personalised

Our comprehensive reports provide valuable insights tailored to your business needs, helping you make informed decisions.

Efficiency

Our streamlined bookkeeping systems give you clear visibility over your cash flow, margins, and profits, freeing up more time to focus on your business operations.

Expertise

With over 20 years of experience, including ASFL, ASX, and CFO services, we bring unmatched expertise to your financial management.

Convenience

We offer remote, outsourced bookkeeping services, making it easy to manage your finances from anywhere with Xero’s online accessibility.

How 2account can work with you

Do you want to reduce the financial administration load on you or your team?

Do you want to feel confident that your bookkeeping will be completed accurately and on time, every time?

At 2account, we understand that bookkeeping is a necessary but often time-consuming aspect of running a business. So why not let our dedicated Xero bookkeeping team manage it for you? As a Xero accredited bookkeeper, we’re giving accountants & business owners access to expert bookkeeping and advice with a highly-qualified and certified team.

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Xero Payroll CertifiedXero PartnerXero Certified AdvisorXero Silver Champion Partner

Our customised bookkeeping services are specifically designed for established Australia-wide businesses with an annual turnover of up to $20m.

With over 20 years’ experience, we offer the same attention to detail we've applied in supporting businesses of all sizes, ensuring your books are accurate and up-to-date, so you can focus on running and growing your business.

General Bookkeeping

As your dedicated Xero bookkeeper, we ensure your financial data is consistently entered and accurately categorised.

By regularly updating your income and expenses in Xero, we provide you with a clear, real-time view of your business's financial health.

This allows you to track profits, margins, and overall performance with ease at the end of every month or quarter, empowering you to make informed decisions with confidence.

Bank Reconciliations

We will reconcile transactions with your business bank accounts and review your revenue and expense accounts at the end of each month or quarter to ensure accuracy and correct coding.

This process not only ensures your records are up-to-date but also helps maintain the integrity of your financial reporting, giving you confidence in your business results.

Accounts Payable

Maintaining strong relationships with suppliers is crucial for business success, and timely payment of accounts payable invoices is key.

We manage your accounts payable by:

  • Setting up efficient processes to ensure timely payments of accounts payable invoices.
  • Regularly applying payments to invoices for an accurate overview of outstanding debts.
  • Promptly entering all unpaid supplier invoices, including linking to purchase orders when necessary.
  • Preparing detailed Accounts Payable Reports.
  • Negotiating favourable terms with suppliers to enhance your cash flow and setting you up for ongoing success.

Accounts Receivable

To maintain a good business cash flow, it is imperative that Accounts Receivable are reviewed and late payers are contacted regularly.

We will manage this for you, by:

  • Clearly defining and communicating your payment terms.Creating, coding, and issuing customer invoices quickly on request.
  • Regularly applying incoming payments to keep your records accurate.
  • Producing regular accounts receivable reports to monitor outstanding balances.
  • Creating and implementing a systematic process for following up with late payers, including formal demands when necessary, ensuring timely collections.

Xero Accounting & Payroll

Payroll is more than just processing payments - it's about ensuring all entitlements are accurately recorded and fully compliant with tax laws and regulations.

We manage the entire payroll process, covering every detail from pay runs, payslips, and timesheets to leave management, payroll tax, and comprehensive reporting.

Our services also include year-end tasks such as preparing payroll reports, annual single touch payroll (STP) reporting for employees and taxable payments annual report (TPAR) reporting for contractors providing certain services, ensuring your payroll is handled with precision and compliance every step of the way.

Business Activity Statement (BAS) Preparation

As your licensed BAS agent, we ensure that your BAS lodgement through Xero is accurate and done on time, every time.

We thoroughly process and review all bank reconciliations and business activities before completing your BAS. After receiving your approval, we submit your BAS to the ATO and work with you to arrange timely payments to avoid penalties.

In addition to BAS preparation, we offer:

  • Reconciling your ATO balance to the balance owing in your accounting system.
  • General advice and attendances to ATO reports.
  • Arranging payment plans with the Australian Tax Office if required.
  • Updating contact and business information with the ATO on your behalf.

Other Activity Statements - As Required by the ATO

We ensure that your business complies with all ATO requirements by accurately lodging all necessary Business and Instalment Activity Statements within the correct time frames and intervals, tailored to your specific business setup.

(Note: This process is made simpler and more accurate by following the General Bookkeeping and Bank Reconciliation procedures we deliver above).

‍‍We can also assist with:‍

  • Reconciling GST accounts
  • Reconciling PAYG accounts
  • Preparing activity statements
  • Lodging activity statements

2account’s Bookkeeping Packages

Why our bookkeeping services give you an edge

With 2account, it’s not just bookkeeping - it’s about turning your financial data into a powerful tool for growth and retaining profit.

Every detail is reviewed by a competent CFO, enabling you to:

Free Up Your Time for Big Moves

We handle the numbers, ensuring your focus is on growth initiatives, not admin.

Prevent Costly Errors

Minimise risks of fines and fees with expert oversight that keeps you compliant.

Get Data You Can Trust

Make decisions confidently with financial reports verified by a CFO.

Feel Secure in Every Step

Know your books are not just accurate, but strategically aligned with your goals.

Access to High-Level Expertise

Leverage a team that knows your industry and can help identify growth opportunities.

Included Services

General Bookkeeping

Bank Reconciliation

Accounts Payable Processing

Accounts Payable Payments

Accounts Receivable Processing

Debt Collection

Payroll Processing

Business Activity Statements

Instalment Activity Statements

Implementation of Financial Controls

Cash Flow Monitoring

Financial Reviews – 1 hour meeting with CFO

Basic

10 hours per month

$1350 per month +GST

Learn More +

General Bookkeeping

N/A

Included

Bank Reconciliation

Monthly

Accounts Payable Processing

Weekly

Accounts Payable Payments

Monthly

Accounts Receivable Processing

N/A

Included

Debt Collection

Monthly

Payroll Processing

Monthly, less than 5 employees

Business Activity Statements

N/A

Included

Instalment Activity Statements

N/A

Included

Implementation of Financial Controls

N/A

Included

Cash Flow Monitoring

N/A

Financial Reviews – 1 hour meeting with CFO

N/A

Standard

20 hours per month

$2300 per month +GST

Learn More +

General Bookkeeping

N/A

Included

Bank Reconciliation

Bi-weekly

Accounts Payable Processing

Weekly

Accounts Payable Payments

Bi-weekly

Accounts Receivable Processing

N/A

Included

Debt Collection

Bi-weekly

Payroll Processing

As required, less than 10 employees

Business Activity Statements

N/A

Included

Instalment Activity Statements

N/A

Included

Implementation of Financial Controls

N/A

Included

Cash Flow Monitoring

Monthly

Financial Reviews – 1 hour meeting with CFO

Quarterly

Premium

40 hours per month

$4500 per month +GST

Learn More +

General Bookkeeping

N/A

Included

Bank Reconciliation

Weekly

Accounts Payable Processing

Weekly

Accounts Payable Payments

Weekly

Accounts Receivable Processing

N/A

Included

Debt Collection

Weekly

Payroll Processing

As required, no limit

Business Activity Statements

N/A

Included

Instalment Activity Statements

N/A

Included

Implementation of Financial Controls

N/A

Included

Cash Flow Monitoring

Weekly

Financial Reviews – 1 hour meeting with CFO

Monthly

Bookkeeping FAQs

How does Xero work?

Xero is a cloud-based software, which means that it works online, and can remotely be accessed from anywhere. It also integrates with more than 1000 applications that make your business run efficiently.

What can Xero do?

Xero has many features designed to run a small business. With Xero accounting software you can: send invoices, pay bills, claim expenses, track projects, capture data and much more.

What is Xero software used for?

Xero is an online accounting software used for bookkeeping functions such as invoicing and payroll, Accounts Payable Automation, BAS preparation and more.

What is Xero bookkeeping?

Xero is a cloud-based software that has all the bookkeeping features and tools a small business requires.

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The professionalism, service and dedication Renee and her team bring to our business has been integral to our growth.

2account provides us invaluable financial guidance and support to ensure we are meeting all our regulatory requirements and financial objectives.

We thank you for the excellent service, valued help and for being an absolute pleasure to work with.

Brooke Picken

|

PAC Partners

Renee has provided financial and company secretary services to us for the past 3 years and has become a critical part of our business.

I have also recommended Renee to colleagues who are equally impressed with her very responsive and professional approach. Renee immerses herself in your business and makes her extensive network available to help you grow your business.

Paul Wood AO

|

The helpful 2account team is a highly professional organisation that gives me peace of mind that our regulatory obligations are being correctly dealt with and they are now an integral part to our business.

I recently started up a business (Trade For Good) and the 2account team helped through the steps and educated me on the requirements to structure it properly, and ensure everything was correctly reported to the ATO. Each time I have asked for help in area’s I wasn’t familiar with, the 2account team answered my questions and did it in a timely manner.

Alistair Warren and Ben Galamaga

|

Trade for Good

I strongly endorse Renee & her 2account team.

I have used 2account for many years now and have known Renee for many more.They are highly professional, personal, always turn around work quickly and above all have the highest level of integrity along with fantastic customer service. Renee & her team are highly skilled in all personal & business accounting where they look after my business, family trust and personal accounting requirements. This also includes bookkeeping, payroll, budgeting, regulatory reporting plus much more.

The 2account team keep me compliant with regulators and give me a little nudge when required. I would highly recommend 2account. Having a dedicated team means my financials are receiving the attention required which gives me the peace of mind  to enable me to work on the things I am good at.

Scott Beeton

|

2account’s digital first approach has freed me from my back-office nightmare, allowing me to get on with growing the business.

We love how proactive Andi is as our dedicated local bookkeeper, reigning in accounts receivable to current, automating recurring invoices, and streamlining bill payments to our laundries who all appreciate being paid quickly and accurately. My book work now takes one tenth of the time it did. 5 stars!

Chris Burns

|

Co-Founder Washem Laundry Service

2account’s Bookkeeping Team

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Meet the founder:

Renee Minchin

Renee Minchin is a dedicated and experienced financial professional with over 20 years of experience as a passionate and driven CFO, accountant, bookkeeper, BAS Agent, and ASIC agent.

Her decade-long Australian Financial Services Licenses (AFSL) background began when she worked at Sequoia Financial Group as Chief Financial Officer between 2012 and 2019.

There, she and her team grew from managing one market participant licence and an ASX licence — into an integrated financial services group, with 35 separate entities benefiting from the service and the portfolio opportunities that other entities brought to the group.

During her time at Sequoia, Renee oversaw financial management, control and audit for one listed entity (SEQ.ASX), two ASX market participant licences and five standard commercial Australian Financial Services Licenses (AFSL).

Now, as the proud founder of 2account, Renee is constantly working to provide a white-glove experience for high-compliance companies and established enterprises, delivering a quality accounting service they can trust.

Emily Davis

Marketing Specialist

Emily is a marketing specialist with expertise in digital marketing strategies. She has a knack for crafting compelling content and driving engagement through social media. Emily is passionate about helping brands connect with their audience effectively.

Michael Johnson

UX/UI Designer

Michael is a creative UX/UI designer with a keen eye for aesthetics and usability. He believes that design should not only be visually appealing but also enhance user experience. Michael enjoys collaborating with developers to bring his designs to life.

Jane Smith

Lead Developer

Jane is a passionate lead developer who specializes in full-stack development. With a strong background in both front-end and back-end technologies, she is dedicated to creating efficient and scalable applications. Jane loves tackling complex problems and mentoring junior developers.

Get Started Now

Ready to simplify your bookkeeping? Schedule your free, no-obligation consultation today.

During our call, we'll discuss your specific Xero bookkeeping needs and craft a tailored solution that suits your business perfectly.

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