iKeep Process

The systems behind the full story.

iKeep runs on a proactive rhythm — daily, weekly and monthly — that keeps your numbers accurate, current and complete. Here's how it works, and the detailed guides behind it.

See how we work Apply to become a client

The iKeep rhythm

Proactive by design, not reactive by default.

Most bookkeeping happens once a month, long after you could have acted. We work to a continuous cadence so you're always ahead.

Daily

Your books, kept current

Transactions are coded and accounts updated as they happen — so nothing piles up and your data is always live.

Weekly

Reporting you can act on

Every week you get a clear read on cash, performance and what needs attention — the heart of the iKeep rhythm.

Monthly

Reconciled and reviewed

A full reconciliation and review, with chartered-accountant oversight, closes the loop and keeps you compliant.

Process guides

Explore the detail.

Dig into the specifics of how we handle the day-to-day — 35 guides covering the systems, checks and standards behind iKeep.

ATO Payment Plans

If you are unable to pay your ATO obligations on time, there is a possibility of setting up a payment plan to pay off your liability in instalments.

Bank Reconciliations

Learn how bank reconciliations help manage cash flow, detect errors, and ensure accurate financial records in your business using Xero and best practices.

Bookkeeping for Medical Practices

Bookkeeping for medical practices Australia wide. You take care your patients health while we take care of your businesses financial health.

Bookkeeping for Workshops

We do the bookkeeping for motor mechanics, auto electricians, tyre dealers and smash repairers using Xero, Megabus Marlin GTX software

Business Insurance 101

Most employees can choose which super fund their employer superannuation contributions are paid into. The option to choose a super fund

Checklist for New Business

Before you start your new business make sure you've got the right business plan and can complete this new business checklist

Controls Over Cash Payments

Cash may be disbursed in a number of ways and for a number of reasons. For example, a business may pay wages or rent, repay borrowings owing to the bank

Controls Over Cash Receipts

Because cash is the easiest asset to misappropriate, it is vitally important that the owner or owners of the business set up a good internal control

Convert from MYOB to Xero

Our conversion service helps small businesses migrate their accounting software from various versions of MYOB to Xero.

Convert from Reckon to Xero

We help small businesses convert their accounting software from various versions of Reckon to Xero. We are experts and certified Xero platinum partners.

Correcting GST Mistakes

When completing your activity statement we may discover a mistake has been made or a transaction was left out on a previous activity statement.

Dext (Receipt Bank)

All of our bookkeeping packages include a complementary Receipt Bank subscription. Receipt Bank recently changed it's name to DEXT.

DiviPay - How does it work for your business?

What is Divipay & how does it help you manage your cashflow better. We had a chat with Trent McLaren who is the head of Accounting partnerships at DiviPay.

Employer Super Check

Paying super is an important part of being an employer. Super provides income for your workers in retirement.

GST Registration

According to Div 23 of the GST Act, an entity is required to register for GST if it carries on an enterprise and its GST (annual) turnover exceeds $75,000

How does outsourced bookkeeping work?

This blog talks about how to outsource bookkeeping for small businesses in Australia. Step by step process of outsourcing with iKeep.

How GST Deferrals Will Benefit Your Cash Flow When Importing

When importing your goods through a freight forwarder, you typically have to pay Goods and Services Tax (GST) at the time the goods enter the country.

How Much Does Outsourced Bookkeeping Cost?

We can give you a few guidelines as to outsource bookkeeping cost. Outsource bookkeeping for small business packages depend on the transactions & scale.

iKeep Bookkeeping Policy

The iKeep Accounting Policies have been developed to ensure a consistent base line application of bookkeeping methods across all of our client base.

Late Superannuation

If you don't pay an employee's super on time, you are liable for the super guarantee charge (SGC). This is even if you make the payment later.

Managing Small Business Accounts

With the financial year ending, it's the perfect time to do a business check-up, celebrate the highs and lows of the year and refocus on business goals.

Monthly Bookkeeping Packages Cost in Sydney

Looking for options to reduce your bookkeeping costs? Check out our monthly bookkeeping packages pricing & choose according to your needs.

Outsourced Bookkeeping

We support many small businesses with their bookkeeping and reporting. Here is what is generally included within standard outsourced bookkeeping packages.

Outsourced Payroll

We support many small businesses outsource payroll and bookkeeping. Our started packages includes bookkeeping, payroll and reporting as a standard feature.

Paying Superannuation

Super guarantee (SG) payments must be made to complying funds or retirement savings accounts (RSAs) and be received in the fund

Setting Up a New Employee

When setting up a new employee on your payroll, there are certain pieces of information that are required before our team can process their first payrun.

Superannuation Changes

From 1 July 2021, the superannuation guarantee statutory rate will rise from 9.50% to 10%. From then on, the rate will increase by 0.50% each year until 1 July 2025

Superannuation Choice

Most employees can choose which super fund their employer superannuation contributions are paid into. The option to choose a super fund

Tax Invoice Requirements

Where the price of the supply is $1,000 or more (including GST), the tax invoice must also include the buyer’s identity or ABN. The GST included

Tax Invoice Requirements

Learn what a tax invoice must include to meet ATO requirements, avoid ABN withholding issues, and ensure GST compliance for your business.

Video: Financial Modelling for Startups

How to build a financial modelling for your business. We’ve created a very simple model that will be yours to download as part of this session.

Video: Tips for Business Owners from Steve Hui, the Points Whisperer

Does this idea of flying business class for the price of economy sound good to you? We sit down for a chat with Steve Hui, the Points Whisperer

Withholding Tax From Wages and Other Payments

When you make payments to employees, certain contractors and other businesses, you need to withhold an amount from the payment and send it to the Australian Taxation Office (ATO).

Workers Compensation

Workers' compensation is a compulsory statutory form of insurance for all employers in every state and territory in Australia and provides protection.

XERO - How to customise an invoice?

Using invoice templates in Xero. You can personalise your invoices, quotes, customer credit notes, customer statements, & purchase orders using templates.

100+

100+ accountants trust iKeep

Ready to start the process?

Tell us where your business is at and a senior account manager will walk you through the right next step.