Bookkeeping Accounting Services | Liston Newton Advisory

Our points of difference

A wealth of experience

We've built a thriving financial firm over 40 years, and we can show you how to create a successful business too. Benefit from our extensive experience.

Full range of service

Outsourcing your bookkeeping tasks is one part of successfully growing your business, and we can help you get all the other piece in place too.

Long-term client partnerships

We work with all our clients on a long-term basis. This gives us in-depth knowledge of your business, so we need to give you the best advice.

Leading industry innovation

At Liston Newton Advisory, we embrace change and innovations in technology. We encourage our clients to make use of the latest cloud software.

Our bookkeeping team

Delegating your bookkeeping will give you back some of your precious time. The team of bookkeeping specialists at Bigger Fish can handle your manual financial tasks.

Your time is valuable, so spend it doing high-value work. Let us do your bookkeeping so you can focus on growing your business.

Image of Felicity Mcglinn in the bookkeeping team

We have worked with Liston Newton Advisory for over a decade. During that time, our business has grown substantially both organically and through purchases. This wouldn’t have been possible without Liston Newton Advisory to assist with our business planning, providing proactive advice and ensuring our accounts were always compliant in a complex and volatile industry.

Karsten Horne

CEO, Reho Travel

Liston Newton Advisory analysed our financial and business situation and helped us implement strategies to improve our position. Their strategies turned our business from making a loss, to recording a 6-month net profit of 36 per cent. And we are now on track to show a 240 per cent increase in turnover over the next financial year.

Lisa Clarke

SL Constructions

Liston Newton Advisory helped us move our accounting over to Xero. They managed the set up and training so we felt comfortable with the software. We now have all our processes streamlined which gives us improved visibility of our business performance. This has allowed us to open 2 more stores without a significant increase in administration effort.

Peter Luskan

Pandora

Our method for business success

We have our own distinct methodology for helping you to grow your business. We call it Get Set, Get Moving, Get Free. Part of this process is automating your bookkeeping and manual accounting tasks so that you can free up your time for more important things.

It is amazing how much of a difference this simple step can make to the efficiency of your business. No more long nights slaving over the books.

Find out how we do things

Our qualifications

Our bookkeepers and accountants are fully qualified and ready to advise you on your business.

Our bookkeeping services can save you time

That's time better spent on growing your business strategy. Let us help you move your accounting to the cloud so you can enjoy the latest in accounting automation and improved efficiency.

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Our case studies

Papermill Media

We restructured Papermill Media and moved them to cloud accounting. Papermill was listed at number 43 in the Australian Financial Review's Fast 100 List in 2017.

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Cambridge Plumbing

We have helped Cambridge Plumbing to manage and forecast cash flow. We've also provided the director with advice on wealth creation and asset allocation.

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Quality Energy

After helping them transition to Xero, we conducted quarterly business coaching with Quality Energy and helped increase their profits by 90 per cent.

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Frequently asked questions

Should my business have a bookkeeper?

There are many signs that you should get a bookkeeper. Some of these signs are:

You are starting to fall behind with business transaction, paying wages, paying debtors and creditors.
You are falling behind with your ATO lodgement requirement such as BAS, Annual Tax Returns, and PAYG Instalments.
Doing your bookkeeping for your business is taking up more than 5 hours per week.

Time you spend on your bookkeeping could be better spent working on your business not within your business.

What’s the difference between a bookkeeper and accountant?

A bookkeeper is someone who helps record day-to-day financial transactions, including:

Processing invoices
Processing wages
Processing payments
Reconciling accounts before sending to an accountant at year end.

An Accountant is a qualified person who is trained in analysing and preparing your tax obligations in accordance with all ATO legislation standards. Accountants provide additional services, including:

Tax advice
Tax planning
Superannuation advice
Succession and estate planning advice

What bookkeeping software should I use?

There are many different accounting systems that certain industries use such as MYOB, Quickbooks, Banklink, and Xero just to name a few. The best option for your business will depend on your situation.

However, due to the need for business to be cloud based, a lot of businesses are changing to Xero. Online accounting software like Xero gives you live data which can be pulled from it at any given time, making it easier for you to make business decisions.

How do I integrate my business system with my accounting system?

By using the Xero accounting software you have the ability to link in many different business systems. This includes point of sale systems, inventory management systems, and payroll systems.

We can help you connect your business to Xero and integrate all the apps you need.

How much does bookkeeping cost?

Bookkeeping can vary in pricing quite dramatically as the duties performed by a bookkeeper can vary from someone just coming in a few hours a week to keep your records up to date to a full-time bookkeeper who is managing several different linked businesses.

You can find bookkeeping pricing information at Bigger Fish.

Will I lose control if bookkeeping is outsourced?

This is a common question from business owners. Once you outsource your bookkeeping tasks to an external body, you will no longer be hands on with that side of the business. However, with regular meetings with your bookkeeper to discuss any issues and ongoing tasks, you will continue to feel in control of your bookkeeping.

Related resources

August 10, 2018

Do you need a CPA?

A Certified Practising Accountant or CPA is a professional with a specific qualification in accounting, finance, and business. CPAs can provide invaluable advice to business owners.

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July 31, 2018

Liston Newton Advisory shortlisted for sector’s most prestigious awards.

Liston Newton has been nominated for two awards in one of the most prestigious awards sector in the finance sector.

Read about it

July 30, 2018

Accounting vs. bookkeeping—what's the difference?

Accounting and bookkeeping both provide invaluable advice and support to business owners in different ways. Learn about the differences and benefits here.

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Read all

Accounting

Taxation

Business Advisory

Bookkeeping

We look after your bookkeeping, so you have time to grow

Let us look after your books

Our points of difference

A wealth of experience

Full range of service

Long-term client partnerships

Leading industry innovation

Our bookkeeping team

Our method for business success

Our qualifications

Our bookkeeping services can save you time

Our case studies

Papermill Media

Cambridge Plumbing

Quality Energy

Frequently asked questions

Should my business have a bookkeeper?

What’s the difference between a bookkeeper and accountant?

What bookkeeping software should I use?

How do I integrate my business system with my accounting system?

How much does bookkeeping cost?

Will I lose control if bookkeeping is outsourced?

Related resources

Do you need a CPA?

Liston Newton Advisory shortlisted for sector’s most prestigious awards.

Accounting vs. bookkeeping—what's the difference?