Pro AccounTAX

Pro AccounTAX Put more time in your pocket by outsourcing your taxation, bookkeeping, payroll, accounting and admin

Pro AccounTAX is passionate about supporting small businesses and helping them thrive today and in the future. Our mission is to turn our client’s vision into value for themselves and the society. We know how hard it can be to find business services you trust. We also understand that it can be difficult to carve out time to organise your own business affairs. So, we decided to bring together a num

ber of services under one roof. The range of our services includes taxation, bookkeeping, payroll, accounting and business advisory, human resources and office administration. We are specialists in virtual accounting and office administration and have been servicing clients in Australia, New Zealand and UK. We are based in Western Australia, call or email us for an in person consultation. It is simpler and less time consuming for you to access the services and the advice you need to grow your business. Our breadth of knowledge is diverse, with experience across various sectors, including employment, construction, aged care, childcare, healthcare, disability, and pharmaceuticals. We are practical, detail oriented and accuracy focused, offering an exceptional standard of quality service to our small business partners. We work seamlessly on the back end of your business while you work to grow your business. If you cannot justify having a part time or full time accounts or administration person in your business, outsource your business back end to us for a fixed monthly fee.

Today we celebrate all the dads, stepdads, grandfathers, father figures and hardworking men who lead with love, support ...
05/09/2026

Today we celebrate all the dads, stepdads, grandfathers, father figures and hardworking men who lead with love, support and strength every day.

Thank you for everything you do both for your families and behind the scenes.

Tag an amazing dad below!

Tag a fellow business owner who should be following us too!
04/09/2026

Tag a fellow business owner who should be following us too!

Here are some simple ways to better protect your business:- Reconcile your bank and credit card accounts every month.- R...
03/09/2026

Here are some simple ways to better protect your business:

- Reconcile your bank and credit card accounts every month.
- Review your bank statements and financial reports for unfamiliar transactions or unusual changes.
- Never give one person complete control over your finances. Separate duties whenever possible.
- Review supplier and employee payment details before sending money.
- Watch for duplicate payments or duplicate invoices.
- Use strong passwords and enable multi-factor authentication (MFA) on your financial software and banking accounts.

Save this post for later and follow for more practical bookkeeping, business, and money tips.

You may have noticed a few new AI features when reconciling your bank transactions in Xero. Here's what you need to know...
02/09/2026

You may have noticed a few new AI features when reconciling your bank transactions in Xero.

Here's what you need to know:

- Match means the transaction already exists in Xero. You're simply matching it to the bank statement line.

- Categorise means Xero is creating a new transaction and suggesting which account it should be coded to.

- AI can suggest matches and categories to help speed up your bookkeeping, but suggestions aren't always correct and should always be reviewed before accepting.

- It's still important to regularly review your reconciled transactions to make sure everything has been coded correctly.

Think of AI as your bookkeeping assistant. It helps you work faster, but you're still responsible for keeping your books accurate.

Ready to spend less time on bookkeeping and more time growing your business?

Book a call using the link in our profile or comment "books" below to learn more about how we can help.

How do I qualify for a business loan?Lenders will look at several factors when assessing your business loan application....
01/09/2026

How do I qualify for a business loan?

Lenders will look at several factors when assessing your business loan application.

This typically includes your credit history, how long you've been in business, your revenue and cash flow, any existing debts and whether your business can comfortably afford the loan repayments.

How much can I borrow?

The amount will depend on your business income, cash flow, current debts, credit history and the lender’s requirements.

What documents will I need?

Most lenders may ask for:

- Profit and loss statements
- Balance sheets
- Business tax returns
- BAS statements
- Business bank statements
- Cash flow forecasts

Having accurate, up-to-date financial records can make the application process much easier and may improve your chances of approval.

Thinking about applying for a business loan? Let us help you get your books organised and your financial reports lender ready.

Book a call using the link in our profile or comment "books" below to learn more about our services.

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We’re almost through Q1 of the financial year, making September a great time to refresh your business finances, check yo...
31/08/2026

We’re almost through Q1 of the financial year, making September a great time to refresh your business finances, check your progress and make sure you’re on track for the months ahead.

This month, take time to:

- Review your August numbers
- Get your books up to date
- Review your revenue and profit goals
- Check your cash flow
- Prepare for upcoming BAS, super and other obligations

What’s one business goal you’re working toward this September?

Two businesses can earn the same revenue and have completely different financial outcomes.That's because revenue alone d...
30/08/2026

Two businesses can earn the same revenue and have completely different financial outcomes.

That's because revenue alone doesn't determine the financial health of a business. Cash flow does.

Cash-rich business:
- Knows its numbers
- Plans ahead
- Monitors cash flow
- Makes data driven decisions

Cash-poor business:
- Delays important decisions
- Doesn't review financial reports
- Falls behind on bookkeeping
- Doesn't know where the money is going

Want to improve your cash flow and make smarter financial decisions?

Book a call using the link in our profile or comment "books" below to learn more about our services.

Before you expand, ask yourself:- Can I afford the additional monthly expenses?- Do I have enough cash flow to support g...
29/08/2026

Before you expand, ask yourself:

- Can I afford the additional monthly expenses?

- Do I have enough cash flow to support growth?

- Is customer demand consistent?

- Have I reviewed my pricing and profit margins?

- Have I created a budget for the expansion?

- Do I have enough cash reserves?

- Do I have accurate financial reports to make this decision?

Expanding at the right time can fuel growth.

Expanding too soon can put unnecessary pressure on your business.

Save this post for when you're planning your next stage of growth and follow for more practical CFO, bookkeeping and business finance tips.

A business loan is not income. It's a liability that you'll repay over time.Here's how to record it correctly:1. Create ...
28/08/2026

A business loan is not income. It's a liability that you'll repay over time.

Here's how to record it correctly:

1. Create a loan liability account.

Set up a Long Term Liability or Other Current Liability account (depending on the loan terms).

2. Record the loan deposit.

When the loan funds are deposited into your bank account, categorise the deposit to the loan liability account, not income.

3. Record your loan payments correctly.

Each payment includes:

- Principal, which reduces the loan balance
- Interest, which is recorded as an interest expense

4. Reconcile your loan account regularly.

Compare your Xero loan balance to your lender's statements to ensure they match.

5. Keep all loan documents.
Save your loan agreement, payment schedule and monthly statements for your records.

Recording business loans correctly helps keep your Balance Sheet accurate, your financial reports reliable and your books tax ready.

Need help cleaning up your books or reviewing your Xero?

Book a call using the link in our profile, or comment "books" below to learn more about our bookkeeping services.

Balances in accounts like Uncategorised Income, Uncategorised Expense or Uncategorised Asset usually mean there's a tran...
27/08/2026

Balances in accounts like Uncategorised Income, Uncategorised Expense or Uncategorised Asset usually mean there's a transaction that needs your attention.

Here's what to do:

- Run the Account Transactions report for the uncategorised account.

- Review each transaction to identify the correct customer, supplier or bank activity.

- Recode the transaction to the correct income, expense, asset, liability or equity account.

- Reconcile your bank account and review your financial reports to make sure everything is accurate.

These issues are more common than you think, and they can affect your Profit & Loss, Balance Sheet and the accuracy of your tax return.

That's why it's important to review and clean up your books regularly.

Have questions? Drop them in the comments below.

Save this post for later and follow for more practical bookkeeping, business and money tips to help keep your business finances organised.

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