Bookkeeping for Growing Melbourne Businesses
Small Business Bookkeeping Services in Melbourne
Our Bookkeeping Approach
Proactive Bookkeeping Built Around Your Business
Bookkeeping isn’t just data entry — it’s the foundation of every smart business decision. At 42 Advisory, we keep your numbers accurate, up to date and clearly organised so you can understand your position and act with confidence.
We handle your weekly, monthly and quarterly bookkeeping, payroll and BAS/IAS obligations while keeping everything clean, coded correctly and fully compliant. With a dedicated manager and an expert Melbourne-based team, you get clear communication, fast turnaround times and zero surprises.
Because your records stay accurate all year, your EOFY financials and tax return can be completed early and without the usual rush, giving you clarity and peace of mind long before most businesses even start their documentation.
Our goal is simple: make bookkeeping reliable, transparent and stress-free — so you have the financial clarity you need to grow.
Key Areas We Cover
Bookkeeping & Compliance Services
Xero Bookkeeping & Software Setup
We set up, optimise and maintain your Xero file for accuracy, automation and streamlined workflows.
Bank Reconciliation & Coding
Keep your books accurate, compliant, and up to date — without the manual grind.
At 42 Advisory, we combine smart automation with expert review to ensure every transaction is coded correctly and reconciled against your bank feeds in real time.
Our structured quality-review process catches anomalies early, flags duplicate or mis-coded entries, and keeps your ledger audit-ready at all times.
Whether daily, weekly, or monthly, your reconciliations are monitored by both our systems and your dedicated Melbourne-based accountant — giving you total clarity and confidence in your numbers.
Payroll Processing & Award Interpretation
Accurate, compliant, and effortless payroll — every time.
At 42 Advisory, we manage payroll for employees and contractors across all modern awards, including overtime, allowances, and timesheet processing. Our system automates calculations, updates pay rates in line with Fair Work changes, and ensures every payment is coded correctly for tax and superannuation.
We are also preparing for the shift to Payday Super, under which super must be paid on the same day as wages. Learn what this means for your business in our latest article → Read our guide to Payday Super.
Superannuation Management
Superannuation made simple and fully compliant.
We ensure your employees’ super contributions are processed accurately and on time — every pay cycle. From SuperStream setup to ATO-compliant reporting, we handle approvals, reminders, and lodgements so you never miss a due date.
Our proactive payroll systems also include payday super automation, ensuring contributions are paid at the same time as wages — not quarterly — helping you stay ahead of new ATO requirements and avoid late-payment penalties.
Learn more about how Payday Super changes the game for Australian employers in our latest article → Read the full guide on Payday Super
BAS & IAS Lodgement
Stay compliant, confident, and ahead of every deadline.
At 42 Advisory, we manage your BAS and IAS preparation, review, and lodgement with precision — ensuring every figure is backed by correctly coded GST, PAYG, and payroll data. Our team checks each return through a structured two-step quality process, combining automation with expert review before submission to the ATO.
Whether you lodge monthly or quarterly, we track all ATO due dates, reconcile discrepancies before they escalate, and help you avoid unnecessary penalties.
Need to plan ahead? View the key BAS and IAS due dates for 2026 →
TPAR Reporting
Ensure your Taxable Payments Annual Report (TPAR) is accurate, compliant, and submitted on time — without the year-end scramble.
At 42 Advisory, we manage the full TPAR process for businesses that pay contractors in construction, cleaning, courier, IT, and security services. Our systems automatically track reportable contractor payments throughout the year, so your figures are ready well before the ATO deadline.
We reconcile data against your bookkeeping records, verify contractor ABNs, and complete submission directly through the ATO portal — ensuring full compliance and zero surprises.
If you operate in the building or trades sector, learn how we help contractors and developers stay compliant → Construction Industry Accounting & Advisory
WorkCover & Payroll Reporting
Stay compliant and confident with accurate WorkCover declarations and payroll-based reporting.
At 42 Advisory, we prepare and lodge your annual WorkCover remuneration declarations, verify wage categories, and reconcile payroll data to ensure every figure is correctly reported to WorkSafe Victoria.
Our systems automate payroll and wage reporting throughout the year — reducing manual errors and last-minute adjustments — while our Melbourne-based team performs a quality review before submission.
Management Reports & Insights
Turn your numbers into strategy.
At 42 Advisory, we go beyond bookkeeping to deliver clear, actionable financial insights through tailored management reports and visual dashboards.
Each report connects your profit, balance sheet, and cash flow data — helping you understand performance trends, identify opportunities, and make confident decisions.
For forward planning, we integrate 3-Way Forecasting to model future cash flow, tax, and growth scenarios, so you can see the financial impact of decisions before you make them.
Learn more about our 3-Way Forecasting and Advisory Approach →
Predictable Accounting. Smarter Business.
Clarity Through Fixed Fees
At 42 Advisory, we don’t believe in surprise bills or hourly uncertainty.
Every small business we partner with enjoys a fixed-fee structure — meaning your accounting costs are predictable, transparent, and tailored to your business size and goals.
It’s how we make smarter financial advice accessible to every Melbourne business owner, from cafés to construction firms.
For Melbourne Small Businesses
Built for Simplicity. Powered by Accuracy.
One Dedicated Bookkeeper, Full Clarity
Work directly with a dedicated bookkeeping manager who understands your business inside out — not a rotating offshore team. Get consistent communication, reliable processing and full visibility over your numbers, whenever you need it.
Clear records, clear answers, clear direction — the 42 way.
Accurate, Proactive & Always Up to Date
We don’t just “do the books.” We keep your Xero file clean, your payroll compliant, your reconciliations current and your BAS/IAS ready — so your EOFY reporting can be completed early and without stress.
Reliable, transparent bookkeeping backed by a team that thinks ahead.
Built for Melbourne Small Businesses
From trades and cafés to clinics, ecommerce and professional services, we specialise in helping Melbourne SMEs stay compliant, organised and confident. With accurate bookkeeping, correct award interpretation, on-time super and clear reports, you always know where your business stands.
Why Choose 42 Advisory
Tax Advisors Who Do More Than Crunch the Numbers
Clean, Accurate Books With No Guesswork
We don’t just “enter transactions” — we keep your Xero file spotless, reconciled and audit-ready at all times. From daily coding to month-end reviews, you get books that are reliable, consistent and crystal-clear. No messy files, no unknowns, no surprises.
Payroll, Super & Awards Done Properly
Payroll should never feel risky. We handle awards, EAs, allowances, timesheets, STP, superannuation and compliance with care and precision. Whether you have one employee or a full roster, everything is processed on time and correctly — every pay cycle.
Streamlined Systems & Smart Integrations
We help you get more from cloud bookkeeping with the right tools — Xero, Hubdoc, Dext, POS systems, job management apps and payment platforms. Smarter systems mean less admin, fewer errors and a smoother flow of information throughout your business.
Smarter Accounting Starts with Knowledge
Insights & Resources for Melbourne Business Growth
How to Set Up Xero for Shopify (Australia Guide 2026)
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2026 Land Tax Victoria: What Melbourne Investors Need to Know
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3-Way Forecasting for Smarter Budgeting and Cash Flow
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One Partner for Bookkeeping, Compliance & Confident Business Decisions
Small business owners need more than a bookkeeper who ticks boxes — they need a partner who understands their goals and keeps their financial data clean, accurate and decision-ready. At 42 Advisory, we combine proactive bookkeeping with ongoing guidance so you always know where your business stands and what comes next.
From day-to-day coding and payroll to BAS, superannuation, reconciliations and reporting, we keep your books accurate and compliant all year round. Because your data stays clean, your EOFY financials and tax return can be completed early, giving you clarity and space to plan — not panic.
Whether you’re growing, streamlining or just getting started, our Melbourne bookkeeping team ensures your systems run smoothly and your numbers stay reliable — with the calm, predictable support you’d expect from a firm called 42.
What We Offer
Explore Our Core Services
Expert Guidance for Tax, Structure & Growth
CPA Accountant Advisory
Tap into the experience of our qualified CPA accountants to optimise tax, structure your business co...
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Plan Confidently with 3-Way Forecasting.
Cash Flow and Forecasting
We create custom 3-way forecasts to help you model scenarios, manage cash flow, and present finance-...
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Practical Accounting for Melbourne SMEs
Small Business Accountant
Discover how we help retail, hospitality, and trades clients simplify BAS, payroll, and bookkeeping ...
Keep ReadingMelbourne’s trusted bookkeepers for small businesses