Bookkeeping for Growing Melbourne Businesses

Bookkeeping Services Melbourne: Fixed-Fee Bookkeeping by CPAs

Xero bookkeeping for Melbourne small businesses on a fixed fee. We handle bank reconciliation, payroll, superannuation, BAS and IAS and monthly reports, supervised by our CPAs. Fixed fees, agreed in writing after your initial meeting.

Led by Sergiy Kucherenko CPA and Geoffrey Tulett CPA, both registered tax agents. Based in Moorabbin and Chadstone, working in person or online.

Book a 30-minute initial meeting

Credentials

Bookkeeping by a CPA Practice and Registered Tax Agent

Forty Two Advisory Pty Ltd is a CPA practice and registered tax agent (TPB 26303651), supporting Melbourne small businesses with bookkeeping, payroll, BAS and tax.

For Melbourne Small Businesses

What does a bookkeeper do?

A bookkeeper records and reconciles your business transactions through the year. That includes coding income and expenses, reconciling bank feeds, processing payroll and superannuation, preparing BAS and IAS and producing monthly reports. With accurate records, your financial statements and tax return can be prepared without rework.

Our bookkeeping is Xero-based and supervised by CPAs. The sections below set out what is included, who does the work and how the fee is agreed. See also our BAS and IAS services.

Our Bookkeeping Approach

Who does the bookkeeping and how does it work?

One bookkeeping manager in our Melbourne team looks after your file from start to finish, so you deal with someone who knows your business. The work is done in Xero and supervised by our CPAs, Sergiy Kucherenko CPA and Geoffrey Tulett CPA.

Transactions are coded and reconciled against your bank feeds weekly, monthly or quarterly, as agreed. BAS and IAS returns go through a two-step check that combines automation with expert review before submission to the ATO. You receive monthly management reports covering profit, balance sheet and cash flow.

Because the books are current all year, your year-end financial statements and tax return can be finished early, without a June rush.

We work with businesses in Moorabbin, Chadstone, Oakleigh, Bentleigh, Carnegie and across south-east Melbourne, in person or online.

What is included

What is included in our bookkeeping service?

Xero setup and management

We set up and maintain your Xero file and keep it current through the year.

Bank reconciliation and coding

Every transaction is coded and reconciled against your bank feeds. A review flags duplicate or mis-coded entries so the ledger stays accurate.

Payroll and award interpretation

We process payroll for employees across the modern awards, including overtime, allowances and timesheets, with Single Touch Payroll reporting. Pay rates follow Fair Work award changes.

Superannuation under Payday Super

From 1 July 2026, Payday Super requires super guarantee contributions to reach each employee's fund within 7 business days of payday (longer may apply for new employees). We process super with each pay run. See the ATO's Payday Super guidance and our employer guide.

BAS and IAS lodgement

We prepare, review and lodge BAS and IAS from correctly coded GST, PAYG and payroll data, and track your ATO due dates. See our BAS and IAS services and the key due dates.

TPAR reporting

For businesses that pay contractors in industries such as building and construction, cleaning, courier, IT and security, we prepare the Taxable Payments Annual Report from your bookkeeping records and verify contractor ABNs.

WorkCover and payroll reporting

We prepare your annual WorkCover remuneration declaration, verify wage categories and reconcile them to payroll data.

Management reports and insights

Monthly management reports connect your profit, balance sheet and cash flow. Where you need to model cash flow, tax and growth, see our 3-way forecasting guide.

Fixed fee, agreed in writing

How much does bookkeeping cost for a small business?

The cost of bookkeeping depends on transaction volumes, the number of employees on payroll, how often you want reporting and your compliance obligations. Fixed fees, agreed in writing after your initial meeting. There are no hourly surprises.

Bookkeeping can be combined with tax and BAS in one fixed-fee arrangement. BAS is a fixed fee agreed in writing.

One Bookkeeper Who Knows Your File

One bookkeeping manager in our Melbourne team looks after your file, so you get consistent communication and clear answers about your numbers.

A Xero File Kept Current

Your Xero file stays reconciled, payroll stays compliant and BAS and IAS are ready, so year-end reporting can be completed early.

Built for Melbourne Small Businesses

We support trades, cafes, clinics, e-commerce and professional services with accurate bookkeeping, correct award interpretation, on-time super and clear reports.

Bookkeeper or accountant

Bookkeeper vs accountant: what is the difference?

A bookkeeper records and reconciles your transactions day to day. An accountant prepares financial statements and tax returns and advises on tax and structure. Many businesses need both. At 42 Advisory the same CPA-supervised team does both, so your records are coded with year-end tax in mind.

A registered tax agent can prepare and lodge income tax returns, and a CPA can advise on tax and business structure. You can check any tax practitioner on the Tax Practitioners Board public register.

See our small business accountant, tax compliance and CPA accountant services.

Who you deal with

Meet the CPAs behind your bookkeeping

Sergiy Kucherenko CPA, Director. Sergiy trained in engineering and computer science before moving into public practice. He leads the firm's tax, accounting and financial reporting work for business owners.

Geoffrey Tulett CPA, Director. Geoffrey leads the firm's business valuation and CFO advisory work.

Both directors are members of CPA Australia and registered tax agents. Read our directors' profiles.

What We Offer

Explore Our Core Services

You may need to know

Frequently asked questions about bookkeeping

What is included in bookkeeping services?

Bookkeeping typically includes:

Bank and credit card reconciliations
Accounts payable and receivable
Payroll and superannuation processing
GST and BAS preparation
Financial reporting (profit and loss, balance sheet, cash flow)
Managing your "accounts" mail inbox

The exact scope depends on your business and is agreed in writing.

How do bookkeeping services work?

Bookkeeping runs through cloud-based accounting software such as Xero. Transactions are processed regularly, reconciled against bank feeds, reviewed for accuracy and reported on a monthly or quarterly basis. At 42 Advisory, bookkeeping connects directly with tax and BAS work.

What are outsourced bookkeeping services?

Outsourced bookkeeping means engaging an external bookkeeper or accounting firm such as 42 Advisory to manage your day-to-day financial records, rather than employing an in-house bookkeeper.

How are bookkeeping services priced?

Fees reflect the number of transactions, payroll complexity, reporting frequency, compliance obligations and industry requirements. Fixed fees, agreed in writing after your initial meeting. Bookkeeping can be combined with tax and BAS in one fixed-fee arrangement.

How do I choose a bookkeeper in Melbourne?

If the bookkeeper will prepare your BAS, check that they are registered with the Tax Practitioners Board on its public register. Also ask which cloud software they use and whether they have experience in your industry. A CPA-supervised firm such as 42 Advisory connects bookkeeping with tax and advisory support.

Take Control of Your Business Bookkeeping

Discuss your bookkeeping, payroll and BAS needs with our CPA-led team. We will explain the next steps and prepare a written scope and fixed-fee proposal.

The information provided is general in nature and does not constitute specific tax, legal, or financial advice. We recommend seeking professional advice tailored to your individual circumstances.