True Tally Bookkeeping

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Australia
Geelong, VIC
True Tally Bookkeeping

- Reliable, professional support where it counts
- Xero certified, Automation certified
- Bookkeeping services offered remotely, nationwide

04/08/2026

"𝗗𝗼 𝗜 𝗻𝗲𝗲𝗱 𝘁𝗼 𝗸𝗲𝗲𝗽 𝗽𝗮𝗽𝗲𝗿 𝗿𝗲𝗰𝗲𝗶𝗽𝘁𝘀 𝗶𝗳 𝗜'𝘃𝗲 𝗴𝗼𝘁 𝘁𝗵𝗲 𝗯𝗮𝗻𝗸 𝘀𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁?" 𝗬𝗲𝘀, 𝗮 𝗯𝗮𝗻𝗸 𝘀𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁 𝗶𝘀𝗻'𝘁 𝗮 𝘁𝗮𝘅 𝗶𝗻𝘃𝗼𝗶𝗰𝗲.

That's one of the recurring bookkeeping questions that catches people out at audit time, not before. The ATO wants a proper tax invoice for anything over $82.50, showing the ABN, GST amount, and description, so a bank line item alone doesn't cut it.

Other common ones: how often to actually reconcile, and whether a "near enough" categorisation is good enough (it isn't, if you want your margin numbers to mean anything).

None of these are beginner questions. They're the questions that matter most, and most people never get a straight answer to them.

Got a bookkeeping question you've been sitting on?

02/08/2026

We love helping small businesses of all shapes and sizes.

30/07/2026

Our clients come to us for a variety of reasons.

Whether it be to outsource payroll, or to support their bookkeeping end to end.

No question is too small.

28/07/2026

We love answering your questions, we won't ask you to make a change without explaining what that means for your business. Whether it be your financial processes, apps or understanding why your pricing is off we want to make sure you are empowered to make an educated decision at the end of the day that suits your business.

17/07/2026

𝗠𝗼𝘀𝘁 𝗯𝗼𝗼𝗸𝗸𝗲𝗲𝗽𝗲𝗿𝘀 𝘀𝗵𝗼𝘄 𝘂𝗽 𝗼𝗻𝗰𝗲 𝗮 𝗾𝘂𝗮𝗿𝘁𝗲𝗿.

𝗪𝗲'𝗱 𝗿𝗮𝘁𝗵𝗲𝗿 𝗯𝗲 𝘁𝗵𝗲 𝗼𝗻𝗲𝘀 𝘄𝗵𝗼 𝗻𝗼𝘁𝗶𝗰𝗲 𝘁𝗵𝗶𝗻𝗴𝘀 𝗯𝗲𝗳𝗼𝗿𝗲 𝘆𝗼𝘂 𝗱𝗼.

That's the real difference between bookkeeping as a compliance task and bookkeeping as a growth tool. One keeps you out of trouble. The other actually helps you grow.

We worked with a trade business owner who'd built a real name in his field and was ready to scale, but his pricing hadn't moved in over a year despite rising costs, and his team was flat out running between jobs. We didn't just tidy his books. We built the budget for his growth, mapped how his team should actually run, and worked on how to build up a better presence to keep his customer acquisition cost down while his business value climbed.

That's what year-round actually means. Not "see you at BAS time", flagging the pricing problem before it costs you a year of margin.

Ready to scale and want a back end that can actually carry it?

Book a time and let's talk: https://link.msgsndr.com/sp/9b578d39ecd

03/07/2026

𝗧𝗵𝗲 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗼𝘄𝗻𝗲𝗿𝘀 𝘄𝗵𝗼 𝘁𝗲𝗻𝗱 𝘁𝗼 𝗼𝘂𝘁𝘀𝗼𝘂𝗿𝗰𝗲 𝘁𝗵𝗲𝗶𝗿 𝗯𝗼𝗼𝗸𝘀 𝗮𝗿𝗲𝗻'𝘁 𝘁𝗵𝗲 𝗼𝗻𝗲𝘀 𝘀𝘁𝗿𝘂𝗴𝗴𝗹𝗶𝗻𝗴 𝘄𝗶𝘁𝗵 𝗻𝘂𝗺𝗯𝗲𝗿𝘀.

They're often the ones who understand their numbers best — which is exactly why they outsource the manual part.

It's a reallocation of time, not an admission. The hours spent reconciling are hours not spent quoting, selling, or running the actual business.

About a third of small businesses in Australia have made that swap already. The other two-thirds are usually doing it themselves not because it's the better option, but because nobody's quantified what their own time is actually worth.

Worth doing that maths for your business specifically?

03/07/2026

BAS Is Not Just a Form. It's a Snapshot of Your Business.

A lot of businesses treat the BAS as something to get through as quickly as possible. Lodge it, pay it, move on. But if your books are accurate, your BAS actually tells you quite a bit.

GST collected versus GST paid tells you your net GST position. PAYG withholding figures confirm your payroll is tracking correctly. And the process of preparing a BAS is a built-in quarterly checkpoint that forces a reconciliation of your accounts.

When BAS numbers are wrong it's usually because transactions have been miscategorised, bank feeds haven't been reconciled, or GST has been applied incorrectly to income or expenses. These errors compound over time and make EOFY harder than it needs to be.

For allied health professionals, lawyers, and consultants, some of your income may be GST-free. Getting that distinction right on every invoice matters. For trades businesses, input tax credits on materials and equipment need to be claimed correctly.

True Tally prepares and lodges BAS for clients so it's always accurate, always on time.

01/07/2026

"I'm Profitable but I Have No Cash." Sound Familiar?

Profit and cash flow are not the same thing. This surprises a lot of business owners who look at their P&L and see a healthy number, then look at their bank account and wonder where it all went.

Profit is what's left after expenses on paper. Cash flow is the actual money moving in and out of your account in real time. The gap between the two is where a lot of service businesses get into trouble.

Invoices sent but not yet paid, super liabilities building up in the background, a BAS payment due in three weeks that wasn't planned for. These are cash flow problems that a tidy profit figure won't warn you about.

Good bookkeeping gives you visibility into both. You should know your profit and your cash position, and ideally have a clear picture of what's coming in and out over the next 30, 60, and 90 days.

If you're running a practice or a trades business and you've ever been caught short despite a busy month, this is worth looking at.

01/07/2026

𝗢𝗻𝗲 𝗫𝗲𝗿𝗼 𝘀𝗲𝘁𝘁𝗶𝗻𝗴. $𝟲𝟬,𝟬𝟬𝟬 𝗴𝗼𝗻𝗲. 𝗛𝗲𝗿𝗲'𝘀 𝘁𝗵𝗲 𝘁𝗲𝗻-𝗺𝗶𝗻𝘂𝘁𝗲 𝗳𝗶𝘅 𝘁𝗵𝗮𝘁 𝘄𝗼𝘂𝗹𝗱'𝘃𝗲 𝘀𝘁𝗼𝗽𝗽𝗲𝗱 𝗶𝘁.

A business owner found out $60,000 had been quietly redirected to a staff member's personal account. The cause wasn't a sophisticated scam though... it was a permissions setting in Xero nobody had locked down.

Too many people had access to edit bank payment details before ABA files were extracted for pay runs. It cost him the entire business, and months of legal action trying to get the money back.

The fix is free and takes ten minutes: check who can actually edit payment details in your accounting software, and don't assume "trusted staff" stays the same list as your team grows.

Want a second set of eyes on your Xero permissions? It's a quick check that could save a lot more than ten minutes' worth of trouble.

Book a time here: https://link.msgsndr.com/sp/6bdec39c82c

30/06/2026

Employee or Contractor? Getting It Wrong Is Costly

One of the most common and expensive mistakes we see in allied health and trades is misclassifying workers. Someone gets paid as a contractor when the ATO would consider them an employee, and suddenly there's back-dated super, PAYG withholding, and potential penalties to deal with.

The distinction isn't just about whether someone has an ABN. The ATO looks at the whole picture. Who controls how and when the work is done? Is the person working exclusively for you? Are they bearing any financial risk? Can they subcontract the work?

A locum who works regular set hours at your clinic, uses your equipment, and doesn't work for anyone else is probably an employee by ATO standards regardless of what your agreement says.

For trade businesses with long-term subbies doing the same work week after week, the same question applies.

Getting this right from the start protects you from a very unpleasant conversation with the ATO down the track.

We can help you review your arrangements and set up your payroll or contractor payments correctly.

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Geelong, VIC

Website

http://www.truetally.com.au/

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True Tally Bookkeeping

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