Matrix Bookkeeping

Matrix Bookkeeping Matrix Bookkeeping is run by Kim, bookkeeper and registered BAS Agent with over 20 years experience in finance.

Established in 2021, I specialise in MYOB and help small business owners save time, stay compliant and feel confident their books are correct.

Fed up with your bookkeeper but worried switching will be a hassle?The good news is, it is usually much simpler than bus...
26/02/2026

Fed up with your bookkeeper but worried switching will be a hassle?

The good news is, it is usually much simpler than business owners expect.

At Matrix Bookkeeping, I manage the transition for you and guide you through each step so nothing falls through the cracks.

You get one reliable point of contact who understands your business and keeps your books clear and compliant.

If you have been thinking about making a change, this might be your sign.

๐Ÿ“žSend me a message or call Kim on 0479 131 167 to book your free chat.

๐—ช๐—ต๐˜† ๐—ถ๐˜€ ๐—ถ๐˜ ๐—ถ๐—บ๐—ฝ๐—ผ๐—ฟ๐˜๐—ฎ๐—ป๐˜ ๐˜๐—ผ ๐—ต๐—ถ๐—ฟ๐—ฒ ๐—ฎ ๐—ฅ๐—ฒ๐—ด๐—ถ๐˜€๐˜๐—ฒ๐—ฟ๐—ฒ๐—ฑ ๐—•๐—”๐—ฆ ๐—”๐—ด๐—ฒ๐—ป๐˜?๐‘ฉ๐’†๐’„๐’‚๐’–๐’”๐’† ๐’š๐’๐’–๐’“ ๐’„๐’๐’Ž๐’‘๐’๐’Š๐’‚๐’๐’„๐’† ๐’Š๐’” ๐’๐’๐’• ๐’”๐’๐’Ž๐’†๐’•๐’‰๐’Š๐’๐’ˆ ๐’š๐’๐’– ๐’˜๐’‚๐’๐’• ๐’•๐’ ๐’ˆ๐’†๐’• ๐’˜๐’“๐’๐’๐’ˆ.When y...
16/02/2026

๐—ช๐—ต๐˜† ๐—ถ๐˜€ ๐—ถ๐˜ ๐—ถ๐—บ๐—ฝ๐—ผ๐—ฟ๐˜๐—ฎ๐—ป๐˜ ๐˜๐—ผ ๐—ต๐—ถ๐—ฟ๐—ฒ ๐—ฎ ๐—ฅ๐—ฒ๐—ด๐—ถ๐˜€๐˜๐—ฒ๐—ฟ๐—ฒ๐—ฑ ๐—•๐—”๐—ฆ ๐—”๐—ด๐—ฒ๐—ป๐˜?

๐‘ฉ๐’†๐’„๐’‚๐’–๐’”๐’† ๐’š๐’๐’–๐’“ ๐’„๐’๐’Ž๐’‘๐’๐’Š๐’‚๐’๐’„๐’† ๐’Š๐’” ๐’๐’๐’• ๐’”๐’๐’Ž๐’†๐’•๐’‰๐’Š๐’๐’ˆ ๐’š๐’๐’– ๐’˜๐’‚๐’๐’• ๐’•๐’ ๐’ˆ๐’†๐’• ๐’˜๐’“๐’๐’๐’ˆ.

When you work with a Registered BAS Agent, you are working with someone who is:

โœ”๏ธ Legally authorised to prepare and lodge BAS
โœ”๏ธ Registered with the Tax Practitioners Board
โœ”๏ธ Qualified and experienced in GST and payroll compliance
โœ”๏ธ Required to complete ongoing professional education
โœ”๏ธ Covered by professional indemnity insurance

What this means for your business:
โœ”๏ธ Your BAS is prepared correctly
โœ”๏ธ GST, PAYG, and super are reported in line with current legislation
โœ”๏ธ Errors are identified early
โœ”๏ธ Risk of ATO penalties is reduced
โœ”๏ธ You have support if the ATO contacts you

๐‘บ๐’๐’Ž๐’†๐’•๐’‰๐’Š๐’๐’ˆ ๐’Ž๐’‚๐’๐’š ๐’ƒ๐’–๐’”๐’Š๐’๐’†๐’”๐’” ๐’๐’˜๐’๐’†๐’“๐’” ๐’…๐’ ๐’๐’๐’• ๐’“๐’†๐’‚๐’๐’Š๐’”๐’†, ๐’–๐’”๐’Š๐’๐’ˆ ๐’‚๐’ ๐’–๐’๐’“๐’†๐’ˆ๐’Š๐’”๐’•๐’†๐’“๐’†๐’… ๐’ƒ๐’๐’๐’Œ๐’Œ๐’†๐’†๐’‘๐’†๐’“ ๐’‡๐’๐’“ ๐‘ฉ๐‘จ๐‘บ ๐’˜๐’๐’“๐’Œ ๐’„๐’‚๐’ ๐’‘๐’–๐’• ๐’š๐’๐’– ๐’‚๐’• ๐’“๐’Š๐’”๐’Œ, ๐’Š๐’๐’„๐’๐’–๐’…๐’Š๐’๐’ˆ:

โœ–๏ธ Incorrect lodgements
โœ–๏ธ Compliance breaches
โœ–๏ธ Fines and penalties
โœ–๏ธ No professional accountability

Registered BAS Agents are bound by a strict Code of Conduct and are accountable for every lodgement made on your behalf.
It is not just data entry, it is compliance, legislation, and protection for your business.

If you are unsure whether your current bookkeeper is registered, you can search the public register on the Tax Practitioners Board website - https://www.tpb.gov.au/public-register

๐‘ƒ๐‘’๐‘Ž๐‘๐‘’ ๐‘œ๐‘“ ๐‘š๐‘–๐‘›๐‘‘ ๐‘–๐‘  ๐‘˜๐‘›๐‘œ๐‘ค๐‘–๐‘›๐‘” ๐‘–๐‘ก ๐‘–๐‘  ๐‘‘๐‘œ๐‘›๐‘’ ๐‘๐‘Ÿ๐‘œ๐‘๐‘’๐‘Ÿ๐‘™๐‘ฆ.

Payday super is coming, and I know itโ€™s already causing a bit of confusion for employers.The change means super will nee...
23/01/2026

Payday super is coming, and I know itโ€™s already causing a bit of confusion for employers.

The change means super will need to be paid at the same time as wages, rather than quarterly. In practice, this is likely to mean that when you run payroll, the super component is calculated, reported and paid straight away, either through your payroll software or clearing house. Super will become part of each pay cycle, not something you catch up on later.

While the aim is to improve outcomes for employees, it does mean changes to cash flow and payroll processes. Businesses will need to make sure funds are available on pay day and that their payroll systems are set up correctly to avoid errors or late payments.

For some businesses this will be a simple adjustment. For others, especially those running tight cash flow or more manual payroll processes, it may take a bit of planning to get right.

If youโ€™re not sure how this will affect your business, or youโ€™d like help setting things up properly before it becomes mandatory, feel free to reach out. Getting it right early can save a lot of stress later.

Happy to talk it through.

๐—•๐—ผ๐—ผ๐—ธ๐—ธ๐—ฒ๐—ฒ๐—ฝ๐—ฒ๐—ฟ ๐˜ƒ๐˜€ ๐—”๐—ฐ๐—ฐ๐—ผ๐˜‚๐—ป๐˜๐—ฎ๐—ป๐˜.......and why you need both!These roles overlap, but they are not the same. A bookkeeper manage...
10/12/2025

๐—•๐—ผ๐—ผ๐—ธ๐—ธ๐—ฒ๐—ฒ๐—ฝ๐—ฒ๐—ฟ ๐˜ƒ๐˜€ ๐—”๐—ฐ๐—ฐ๐—ผ๐˜‚๐—ป๐˜๐—ฎ๐—ป๐˜
.......and why you need both!

These roles overlap, but they are not the same. A bookkeeper manages the day to day accuracy of your numbers. We keep everything clean, timely, coded correctly, and compliant. Without that foundation, your tax return or business decisions will never be as accurate as they could be.

An accountant works with the numbers once they are final. They look at structure, tax strategy, and big picture planning. They can only do that well when the books are solid. The cleaner the bookkeeping, the more powerful the accounting work becomes.

When these two roles work together properly, the business wins every time.

๐—ช๐—ต๐˜† ๐—ฌ๐—ผ๐˜‚ ๐—ฆ๐—ต๐—ผ๐˜‚๐—น๐—ฑ ๐—ฅ๐—ฒ๐˜ƒ๐—ถ๐—ฒ๐˜„ ๐—ฌ๐—ผ๐˜‚๐—ฟ ๐—ฃ๐—ฟ๐—ผ๐—ณ๐—ถ๐˜ ๐—”๐—ป๐—ฑ ๐—Ÿ๐—ผ๐˜€๐˜€ ๐— ๐—ผ๐—ป๐˜๐—ต๐—น๐˜†A profit and loss is like a health check for your business. When you o...
01/12/2025

๐—ช๐—ต๐˜† ๐—ฌ๐—ผ๐˜‚ ๐—ฆ๐—ต๐—ผ๐˜‚๐—น๐—ฑ ๐—ฅ๐—ฒ๐˜ƒ๐—ถ๐—ฒ๐˜„ ๐—ฌ๐—ผ๐˜‚๐—ฟ ๐—ฃ๐—ฟ๐—ผ๐—ณ๐—ถ๐˜ ๐—”๐—ป๐—ฑ ๐—Ÿ๐—ผ๐˜€๐˜€ ๐— ๐—ผ๐—ป๐˜๐—ต๐—น๐˜†

A profit and loss is like a health check for your business. When you only look at it once a year, you miss slow changes that quietly drain your profit. One supplier increase, one staff memberโ€™s hours creeping up, or one subscription fee forgotten can shift your numbers without you noticing.

Monthly reviews help you catch issues while they are still small. You start to see trends, and you make decisions based on facts instead of guesswork. It also stops the panic that happens at the end of the financial year when everything is a surprise.

If you have never reviewed a P&L monthly, try it. You will be surprised at what you learn.

GST feels simple on the surface, until it isnโ€™t. The codes you choose can change your BAS, your refunds, what the ATO th...
25/11/2025

GST feels simple on the surface, until it isnโ€™t. The codes you choose can change your BAS, your refunds, what the ATO thinks you owe, and even how your accountant prepares your tax return. One wrong code repeated over months can snowball into problems you donโ€™t see coming.

A lot of business owners guess the code based on what looks right. It works sometimes, but when it doesnโ€™t, you end up paying more GST than you should. Or worse, you accidentally claim GST where none exists, and that leads to correction work later on.

If your GST outcomes have ever surprised you, that is usually a coding issue hidden in plain sight.

Most people still think bookkeeping is typing numbers into software. If that were true, every business would be running ...
23/11/2025

Most people still think bookkeeping is typing numbers into software. If that were true, every business would be running smoothly. What actually happens is the quality of your numbers shapes every business decision you make. When the numbers are wrong or incomplete, everything built on top of them becomes shaky.

A good Bookkeeper sees the patterns you do not. We know what a healthy set of accounts looks like, and we notice when something is off. Missing deductions, misclassified expenses, unpaid invoices, double payments, incorrect GST codes, payroll errors, all of it shows up through the books long before the business owner notices it in cash flow.

If you have ever looked at your accounts and something didnโ€™t feel right, that is the point where a bookkeeper steps in.

18/11/2025

๐Ÿ“˜ ๐—ฌ๐—ผ๐˜‚ ๐—ฎ๐—น๐˜„๐—ฎ๐˜†๐˜€ ๐—ธ๐—ป๐—ผ๐˜„ ๐˜„๐—ต๐—ฒ๐—ฟ๐—ฒ ๐˜†๐—ผ๐˜‚ ๐˜€๐˜๐—ฎ๐—ป๐—ฑ
Up to date books show you what is coming in, what is going out and what you can safely spend. It keeps your business steady and predictable.

๐Ÿ“‚ ๐—ง๐—ฎ๐˜… ๐˜๐—ถ๐—บ๐—ฒ ๐—ฏ๐—ฒ๐—ฐ๐—ผ๐—บ๐—ฒ๐˜€ ๐˜€๐˜๐—ฟ๐—ฒ๐˜€๐˜€ ๐—ณ๐—ฟ๐—ฒ๐—ฒ
When everything is already sorted, coded and reconciled, your BAS and tax return are quick and accurate. No hunting for invoices and no last minute chaos.

โš ๏ธ ๐—ฌ๐—ผ๐˜‚ ๐˜€๐—ฝ๐—ผ๐˜ ๐—ฝ๐—ฟ๐—ผ๐—ฏ๐—น๐—ฒ๐—บ๐˜€ ๐—ฒ๐—ฎ๐—ฟ๐—น๐˜†
Clean books show unpaid invoices, rising costs and cash flow dips before they become bigger issues. Early warning means easier fixes.

๐Ÿ“Š ๐—ฌ๐—ผ๐˜‚ ๐—บ๐—ฎ๐—ธ๐—ฒ ๐—ฏ๐—ฒ๐˜๐˜๐—ฒ๐—ฟ ๐—ฑ๐—ฒ๐—ฐ๐—ถ๐˜€๐—ถ๐—ผ๐—ป๐˜€
Clear numbers help you plan hiring, pricing, stock and growth. It is much easier to run a business when you can see what is actually happening.

โœ”๏ธ ๐—ฌ๐—ผ๐˜‚ ๐˜€๐˜๐—ฎ๐˜† ๐—ฐ๐—ผ๐—บ๐—ฝ๐—น๐—ถ๐—ฎ๐—ป๐˜ ๐—ฎ๐—ป๐—ฑ ๐—ฝ๐—ฟ๐—ผ๐˜๐—ฒ๐—ฐ๐˜๐—ฒ๐—ฑ
Accurate records keep you in line with ATO requirements. It reduces risk and keeps everything running smoothly.

๐ผ๐‘“ ๐‘ฆ๐‘œ๐‘ข ๐‘‘๐‘œ ๐‘›๐‘œ๐‘ก ๐‘ค๐‘Ž๐‘›๐‘ก ๐‘ก๐‘œ ๐‘‘๐‘’๐‘Ž๐‘™ ๐‘ค๐‘–๐‘กโ„Ž ๐‘กโ„Ž๐‘’ ๐‘๐‘Ž๐‘๐‘’๐‘Ÿ๐‘ค๐‘œ๐‘Ÿ๐‘˜, ๐‘€๐‘Ž๐‘ก๐‘Ÿ๐‘–๐‘ฅ ๐ต๐‘œ๐‘œ๐‘˜๐‘˜๐‘’๐‘’๐‘๐‘–๐‘›๐‘” ๐‘๐‘Ž๐‘› ๐‘ก๐‘Ž๐‘˜๐‘’ ๐‘–๐‘ก ๐‘œ๐‘“๐‘“ ๐‘ฆ๐‘œ๐‘ข๐‘Ÿ ๐‘๐‘™๐‘Ž๐‘ก๐‘’.
โœ‰๏ธ ๐‘†๐‘’๐‘›๐‘‘ ๐‘Ž ๐‘š๐‘’๐‘ ๐‘ ๐‘Ž๐‘”๐‘’ ๐‘–๐‘“ ๐‘ฆ๐‘œ๐‘ข ๐‘ค๐‘Ž๐‘›๐‘ก ๐‘ ๐‘ข๐‘๐‘๐‘œ๐‘Ÿ๐‘ก ๐‘ค๐‘–๐‘กโ„Ž ๐‘ฆ๐‘œ๐‘ข๐‘Ÿ ๐‘๐‘œ๐‘œ๐‘˜๐‘˜๐‘’๐‘’๐‘๐‘–๐‘›๐‘”, ๐ต๐ด๐‘† ๐‘œ๐‘Ÿ ๐‘๐‘Ž๐‘ฆ๐‘Ÿ๐‘œ๐‘™๐‘™.

There are two types of business owners:โœ… Those who reconcile weekly๐Ÿ“Œ And those who let the bank feed build a little moun...
28/10/2025

There are two types of business owners:

โœ… Those who reconcile weekly

๐Ÿ“Œ And those who let the bank feed build a little mountain of transactionsโ€ฆ and quietly pretend not to see it

If you are the second one, you are definitely not alone, and you do not need to dig out on your own. I am here to help you clear the pile and breathe easier.

17/06/2025

๐Ÿšจ ๐ˆ๐ฆ๐ฉ๐จ๐ซ๐ญ๐š๐ง๐ญ ๐“๐š๐ฑ ๐”๐ฉ๐๐š๐ญ๐ž ๐Ÿ๐จ๐ซ ๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐Ž๐ฐ๐ง๐ž๐ซ๐ฌ

From 1 July 2025, the Australian Taxation Office will no longer allow tax deductions for interest charges on unpaid tax debts. This includes:

โœ”๏ธ ๐—š๐—ฒ๐—ป๐—ฒ๐—ฟ๐—ฎ๐—น ๐—œ๐—ป๐˜๐—ฒ๐—ฟ๐—ฒ๐˜€๐˜ ๐—–๐—ต๐—ฎ๐—ฟ๐—ด๐—ฒ (๐—š๐—œ๐—–): Applied to overdue tax payments.
โœ”๏ธ ๐—ฆ๐—ต๐—ผ๐—ฟ๐˜๐—ณ๐—ฎ๐—น๐—น ๐—œ๐—ป๐˜๐—ฒ๐—ฟ๐—ฒ๐˜€๐˜ ๐—–๐—ต๐—ฎ๐—ฟ๐—ด๐—ฒ (๐—ฆ๐—œ๐—–): Applied when there's a shortfall in tax payments due to underreporting or errors.

Previously, these interest charges could be claimed as tax deductions, but under the new legislation, any interest incurred on or after 1 July 2025 is not deductible, regardless of when the original debt arose.

What This Means For You:

โœ”๏ธ ๐—œ๐—ป๐—ฐ๐—ฟ๐—ฒ๐—ฎ๐˜€๐—ฒ๐—ฑ ๐—–๐—ผ๐˜€๐˜๐˜€: Carrying a tax debt will become more expensive since you can't offset the interest charges against your taxable income.
โœ”๏ธ ๐—ง๐—ถ๐—บ๐—ฒ๐—น๐˜† ๐—ฃ๐—ฎ๐˜†๐—บ๐—ฒ๐—ป๐˜๐˜€ ๐—”๐—ฟ๐—ฒ ๐—–๐—ฟ๐˜‚๐—ฐ๐—ถ๐—ฎ๐—น: To avoid these non-deductible interest charges, ensure your tax obligations are paid on time.
โœ”๏ธ ๐—ฅ๐—ฒ๐˜ƒ๐—ถ๐—ฒ๐˜„ ๐—ฃ๐—ฎ๐˜†๐—บ๐—ฒ๐—ป๐˜ ๐—ฃ๐—น๐—ฎ๐—ป๐˜€: If you're on a payment plan, consider paying off your tax debts sooner to minimize accruing non-deductible interest.

๐ŸŒŸ Happy International Women's Day! ๐ŸŒŸ Today, we celebrate the incredible achievements of women around the world and recog...
07/03/2025

๐ŸŒŸ Happy International Women's Day! ๐ŸŒŸ Today, we celebrate the incredible achievements of women around the world and recognize the strides we're making towards gender equality.

At Matrix Bookkeeping, we're proud to support and empower women entrepreneurs every day. Hereโ€™s to strong women: may we know them, may we be them, may we raise them, and may we support them. ๐Ÿ’ช๐Ÿ’œ

๐Ÿ‘ฉโ€๐Ÿ’ผ To all the women making waves in business and beyond: keep shining, keep leading, and keep inspiring!

๐ŸŒŸ Ready to turn your business idea into reality? ๐Ÿš€ Grab our FREE Small Business Startup Guide today! Itโ€™s packed with es...
05/03/2025

๐ŸŒŸ Ready to turn your business idea into reality? ๐Ÿš€ Grab our FREE Small Business Startup Guide today! Itโ€™s packed with essential tips, step-by-step instructions, and the key financial insights you need to succeed.

๐Ÿ‘‰ Plus, get a FREE discovery call to answer all your startup questions. Donโ€™t navigate the business world alone!

๐Ÿ“ฉ DM us or comment below to get your guide and schedule your call. Letโ€™s make your business dreams come true!

Address

PO Box 22
Emerald, VIC

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