Bookkeeping, BAS & payroll
Franchise bookkeeping, BAS and payroll you don’t have to think about.
Weekly reconciliations, GST and BAS, Single Touch Payroll and Payday Super — handled by people who know how franchise POS, supplier and royalty transactions should land in your books.
What bookkeeping does a franchise need?
A franchise needs the same core bookkeeping as any business — bank reconciliation, supplier bills, sales, GST and payroll — plus a few franchise-specific steps: matching point-of-sale takings to deposits, recording royalties and levies against the sales they were calculated on, coding supplier rebates and franchisor charges correctly, and, for multi-site operators, tagging every transaction to a location. Done weekly, it keeps BAS, payroll and franchisor reporting accurate.
The weekly rhythm
Small, regular, accurate.
-
Reconcile
Bank feeds, POS settlements and merchant fees matched every week.
-
Code
Supplier bills, franchisor charges and rebates coded to the right account and site.
-
Pay
Payroll processed, reported through STP and super paid each payday.
-
Lodge
BAS and IAS prepared from reconciled books and lodged on time.
Payroll in a franchise
Payroll is where most risk sits.
For most franchisees, wages are the largest controllable cost and the biggest compliance exposure. Awards, penalty rates, junior rates and rostering changes make it easy to get wrong — and underpayments are increasingly visible to regulators and franchisors alike.
We set up and run payroll so that pay rates, allowances and leave follow the applicable award, Single Touch Payroll reports are lodged each pay run, and superannuation is paid on time.
We can process payroll and check it against the award classifications you give us. Award interpretation and workplace relations advice should come from the Fair Work Ombudsman or an employment adviser.
What’s included
Choose the level of support you need.
Bookkeeping
Weekly bank, POS and merchant reconciliations; supplier bills and franchisor charges coded by site; month-end close with a review.
BAS & GST
Quarterly or monthly BAS prepared from reconciled books, GST on royalties, levies and rebates checked, instalments reviewed.
Payroll & super
Pay runs, STP reporting, leave balances, Payday Super payments and year-end finalisation.
Bookkeeping FAQs
Bookkeeping, BAS & payroll questions
Can you work with my franchisor’s mandated software?
Yes. Many networks require a specific point-of-sale, rostering or accounting platform. We work within those systems and set up integrations so data flows into your accounts with as little manual entry as possible.
How often should franchise books be reconciled?
Weekly is best for most stores. It keeps cash visible, catches POS and banking discrepancies while they’re still easy to trace and makes BAS and royalty reporting straightforward.
Do you handle Payday Super?
Yes. We set up payroll so super is calculated and paid each payday, monitor for rejected or late contributions and report through Single Touch Payroll.
Can you take over from my current bookkeeper?
Yes. We’ll review the file, fix any historical issues we find and agree a clean handover date so nothing falls between providers.
Keep exploring
Related services
Next step
Let’s make your numbers work harder.
Tell us where you’re at — first store, next store or a whole network — and we’ll start with the right conversation.