Services
Compliance production, prepared to your file standards.
Three pillars of work, all of it produced in your templates, indexed to your workpaper references, and reviewed by a Chartered Accountant before it reaches you.
Section A
Bookkeeping outsourcing
The ledger kept current all year, so the annual job starts from a reconciled base instead of a shoebox.
We work directly in your client’s file under your practice login structure, or in a file you hand over. Either way, the coding follows the conventions your firm has already set.
Processing
- Xero and MYOB transaction processing
- Purchase and sales invoice entry
- Expense coding to your chart of accounts
- Hubdoc, Dext and Auto Entry publishing
- Multi-entity and multi-branch files
Reconciliation
- Bank and credit card reconciliation
- Loan, hire purchase and finance accounts
- Accounts payable and supplier statements
- Accounts receivable and debtor aging
- Inventory and job costing reconciliation
Clean-up work
- Catch-up files, months or years behind
- Unreconciled suspense account clearing
- Duplicate and mis-coded transaction repair
- Opening balance corrections
- Conversion tidy-ups after a software migration
Reporting rhythm
- Weekly, fortnightly or monthly cycles
- Query lists raised in one batch, not in dribs
- Month-end checklists signed off before hand-back
- Status visible to your team throughout
Section B
Accounting outsourcing
Annual and periodic reporting, prepared to New Zealand special purpose requirements and your firm’s house format.
Financial statements meet the minimum requirements set out in the Tax Administration (Financial Statements) Order 2014, with the disclosures your practice adds on top.
| Ref | Service | What you get back |
|---|---|---|
| B‑100 | Annual financial statements | Profit and loss, balance sheet, notes and comparatives, with a full workpaper file behind every figure. |
| B‑200 | Management reporting | Monthly or quarterly reporting packs, budget against actual, and commentary schedules to your format. |
| B‑300 | General ledger maintenance | Journals, accruals, prepayments and provisions posted and supported. |
| B‑400 | Balance sheet reconciliation | Every balance sheet line agreed to source, with reconciling items listed and explained. |
| B‑500 | Fixed assets & depreciation | Asset register maintained, additions and disposals recorded, depreciation at IRD rates with loss or gain on sale. |
| B‑600 | Month-end and year-end close | Close checklist worked through, adjusting entries drafted, trial balance locked and handed over. |
| B‑700 | Group and consolidation work | Intercompany reconciliation, elimination entries and consolidated statements for group structures. |
Section C
New Zealand tax workpapers
Return-ready workpapers for the IR forms your practice files every year. We prepare and support the numbers; your firm reviews, signs and files them through myIR.
Returns and entity workpapers
| Form | Workpaper |
|---|---|
| IR3 | Individual — salary and wages, business income, rental, other income reconciliation |
| IR3NR | Non-resident individual — New Zealand-sourced income schedules |
| IR4 | Company — tax reconciliation, imputation credit account, shareholder accounts |
| IR6 | Trust or estate — beneficiary income, trustee income and domestic trust disclosures |
| IR7 | Partnership or LTC — income allocation and owner distribution schedules |
| IR7L | Look-through company — LTC calculations and owner loss limitation |
Calculations and schedules
| Ref | Schedule |
|---|---|
| C‑110 | Provisional tax — standard uplift, estimation and AIM, with residual income tax |
| C‑120 | Use of money interest — exposure calculated and flagged before the date passes |
| C‑210 | Shareholder current account — reconciliation, overdrawn balances and interest |
| C‑220 | Shareholder salary — allocation, PAYE treatment and supporting resolution |
| C‑310 | Rental property — income and expenses, ring-fenced residential losses carried forward |
| C‑320 | Bright-line and residential land — acquisition dates, cost base and disposal outcome |
| C‑410 | Depreciation — IRD rate schedules, additions, disposals and depreciation recovery |
| C‑420 | Private apportionment — home office, motor vehicle and entertainment adjustments |
| C‑510 | FBT — quarterly and annual returns, motor vehicle and benefit calculations |
| C‑520 | Imputation credit account — movements, balance and debit balance exposure |
| C‑610 | Foreign investment fund — FIF income under FDR and comparative value |
| C‑620 | Financial arrangements — accrual rules and base price adjustment |
We prepare workpapers and supporting calculations. Filing, the tax agent relationship and the professional judgement that goes with them remain with your practice.
Section D
GST returns
Prepared on your client’s filing frequency and reconciled back to the ledger, so the annual GST reconciliation is not a surprise in April.
- Monthly, two-monthly and six-monthly cycles
- Payments and invoice basis, and hybrid where it applies
- GST101A preparation with supporting reconciliation
- Zero-rated and exempt supply review
- Adjustments for private use, entertainment and capital assets
- GST on land transactions and compulsory zero-rating
- Annual GST reconciliation to the financial statements
Section E
Payroll & payday filing
Pay runs processed and filed to Inland Revenue on time, with the Holidays Act calculations worked through properly rather than approximated.
- Weekly, fortnightly and monthly pay runs
- Payday filing to Inland Revenue within the required window
- PAYE, student loan and child support deductions
- KiwiSaver contributions and ESCT rate reviews
- Holiday pay, annual leave and sick leave under the Holidays Act
- Public holiday, alternative holiday and leave balance tracking
- Final pay, termination and redundancy calculations
Not sure which of these you actually need?
Most firms start with one bottleneck — the annual accounts backlog, or GST, or a clean-up nobody wants. Tell us where the pressure is and we will scope it.