Frequently Asked Questions

How much experience does Maximum Pro Bookkeeping have?

Max has more than 10 years of bookkeeping experience, working with businesses across a wide range of industries throughout Australia.

  • Registered BAS Agent Licence
  • Certificate III Bookkeeping & Accounting
  • Certificate IV Bookkeeping & Accounting
  • Advanced Diploma Business Management
  • Advanced Diploma Sports Management
  • Xero Certified Advisor Level 1
  • Xero Certified Advisor Level 2
  • Xero Certified Payroll Specialist
  • Payroll System Certification
  • BAS & IAS Certification

The business emphasises:

  • Accurate bookkeeping
  • Reliable reporting
  • Compliance with ATO requirements
  • Professional service
  • Consistent communication
  • Long-term client relationships

Single Touch Payroll is an Australian Government reporting system requiring payroll information to be submitted to the ATO every pay cycle.

Maximum Pro Bookkeeping manages STP setup, reporting and compliance to ensure businesses avoid penalties.

Payroll involves more than paying employee wages. Maximum Pro Bookkeeping manages payroll processing, including:

  • Calculating wages, overtime, allowances and deductions
  • Managing PAYG withholding and superannuation
  • Tracking leave entitlements and accruals
  • Maintaining employee records
  • Supporting employee onboarding and terminations
  • Preparing payroll reports
  • Reporting payroll information to the ATO through Single Touch Payroll (STP)

By keeping payroll accurate and up to date, businesses can pay employees correctly, meet their reporting obligations and reduce the administrative workload.

Accounts payable services include:

  • Managing supplier invoices
  • Scheduling payments
  • Monitoring due dates
  • Cash flow management
  • Supplier reconciliation

Accounts receivable services include:

  • Customer invoicing
  • Payment tracking
  • Outstanding debt monitoring
  • Collection reporting
  • Cash flow improvement

Bank reconciliation involves matching accounting records with bank statements to ensure all transactions are accurate and complete.
Regular reconciliation identifies errors early and provides accurate financial reporting.

Maximum Pro Bookkeeping provides specialist bookkeeping support for medical practices by managing:

  • Medicare reconciliation
  • HICAPS reconciliation
  • Private Health Fund payments
  • Medical billing
  • Practice financial reporting

CFO services provide strategic financial advice, including:

  • Business performance analysis
  • Cash flow planning
  • Financial forecasting
  • Profitability reporting
  • Growth planning
  • Business decision support