Outsourced bookkeeping, kept current.
Transactions recorded, reconciled and reported in your existing Xero or MYOB file. Routine work runs automatically, exceptions go to a specialist, and your advisor explains what the numbers mean.
Valont's bookkeeping service keeps an Australian SME's books reconciled and current in Xero or MYOB every week, as part of one coordinated back office rather than a stand-alone bookkeeper. BAS is prepared and lodged by a registered BAS agent from reconciled books, and the same team runs payroll, so nothing waits on a handover.
By Nick Lucock, Chief Executive Officer, ValontPublished 14 Mar 2026Last reviewed 8 Sept 2026
Key facts, current as at 14 Oct 2026
| Fact | Value | Source | As at |
|---|---|---|---|
| Who may provide BAS services for a fee | Only a BAS or tax agent registered with the Tax Practitioners Board (Tax Agent Services Act 2009); registration is checkable on the public register | Tax Practitioners Board, public register | 14 Oct 2026 |
| Valont BAS registration | Registered BAS agent (Tax Practitioners Board); ABN 79 682 227 934 | Valont, about | 14 Oct 2026 |
| GST registration threshold | $75,000 GST turnover ($150,000 for not-for-profit organisations); taxi and ride-sourcing from the first dollar | ATO, Registering for GST | 14 Oct 2026 |
| Quarterly BAS due dates, FY2026-27 | Q1 28 October 2026; Q2 28 February 2027 (a Sunday, so Monday 1 March 2027); Q3 28 April 2027; Q4 28 July 2027. Registered agents and online lodgers may have later dates | ATO, BAS agent lodgment program 2026-27 | 15 July 2026 |
| Valont engagement terms | Fixed monthly fee, month-to-month, 30 days notice, no lock-in | Valont pricing | 14 Oct 2026 |
Bookkeeping is the day-to-day recording, categorising and reconciling of a business’s transactions so its accounts stay current, and management accounting interprets that data into reports that show what the numbers mean. At Valont, both are delivered together as the recording-and-reporting function within your finance hub, one part of a wider connected back office , with a Trusted Advisor adding commentary, while your independent accountant continues to handle annual tax returns.
Outsourced bookkeeping at a glance
Scope and fee confirmed in writing before you start- What’s included
- Bank reconciliation, transaction categorisation, accounts payable and receivable, receipt capture and management reporting with advisor commentary , in your existing Xero, MYOB, QuickBooks or Wave file. Multi-entity consolidation where you need it. BAS can be prepared straight from the reconciled data through BAS & tax compliance; year-end tax returns stay with your accountant.
- How often the books are reconciled and reported
- Bank feeds are matched on a daily cycle and the books are kept current rather than caught up at BAS time. Management reports are produced at the cadence agreed in your engagement, with your advisor’s commentary on what has changed and why.
- What you do
- Keep the bank feeds connected, send bills and receipts through the capture tool, answer the occasional query on a transaction we can’t identify, and sign off on anything that needs your approval, such as supplier payments. The processing, reconciliation and reporting are ours.
- Getting started
- We connect to your file, review the chart of accounts and controls, and bring any backlog current , the catch-up is part of onboarding, not a separate charge. A single bookkeeping file is usually a matter of weeks; a broader back-office transition follows our structured onboarding and takes longer.
- How the work is checked
- Routine transactions are processed automatically against rules documented for your business. Anything unusual, unmatched or low-confidence is routed to a specialist before it is finalised , the same position we publish in the AI Capability Ledger.
- What sets the fee
- One fixed monthly fee. It moves with transaction volume, the scope you take (bookkeeping alone, or with BAS and payroll), business size and complexity, and which hubs you engage. No hourly charges on top, see how fees work.
Comparing providers? Our guide to the best bookkeeping services in Australia compares nine providers , onshore, offshore, franchise and integrated, Valont included , from their own published information.
Your books are either your most valuable tool or your biggest burden.
You started your business to build something, not to reconcile bank feeds at 10pm. But that's where a lot of owners end up, doing the bookkeeping themselves after hours, or relying on a bookkeeper who processes transactions without explaining what the numbers mean.
Either way, the financial picture runs behind. Decisions get made on gut feel instead of current information, problems show up late, and when something needs explaining, nobody can tell you why.
Without current, accurate books:
- Hours wasted every month on reconciliation and data entry
- Financial data perpetually 30+ days behind reality
- Can't make cash flow decisions with confidence
- Tax time is a panic because records aren't ready
- Accountant's fees are higher because data is messy
- Cannot apply for funding, books aren't credible
Complete bookkeeping that actually tells you what's happening.
Bank reconciliation
Automated matching on a daily cycle, with a specialist reviewing anything that doesn't match.
Learn more →Accounts payable
Invoice processing, payment scheduling, and supplier management. Payment terms and early-payment discounts tracked so they aren't missed.
Learn more →Accounts receivable
Invoice generation, debtor tracking, and follow-up. Know exactly who owes you what and when.
Learn more →Receipt management
Digital capture and categorisation. No more shoeboxes of receipts at tax time. Everything organised and searchable.
Learn more →Management reporting
Reports kept current, with commentary from your advisor. Not just numbers, context, trends, anomalies, and opportunities.
Learn more →Multi-entity consolidation
For businesses with multiple entities: consolidated reporting, intercompany reconciliation, and group-level visibility.
Learn more →From behind to current. Then kept current.
System setup & data migration
We connect to your accounting software (Xero, MYOB, or Wave) and get any historical data current. If you're behind, we catch you up.
Automated categorisation, exceptions reviewed
Routine transactions are categorised and matched automatically against rules documented for your business.
Management reports, kept current
You have access to financial reports that are kept current, with advisor commentary explaining what the numbers mean.
Strategic business reviews
Your Trusted Advisor walks you through the numbers, highlighting trends, anomalies, and opportunities for action.
Any Australian business that wants financial data they can actually trust.
Owner-operators
Doing the books yourself after hours and wanting them off your desk
Behind on books
Financial data that runs weeks behind, making decisions harder than they should be
Growing businesses
Scaling quickly with increasing transaction volume and complexity
All Australian SMEs
Anyone who wants financial data kept current, accurate and usable
Bookkeeping that feeds every other decision in your business.
Your bookkeeping data is the foundation for every other Finance Hub service, and it flows into your People Hub (payroll accuracy), Operations Hub (IT spend tracking), and Growth Hub (revenue and customer data). When your advisor reviews your business, they're drawing on this bookkeeping foundation.
Try it yourself
FreeFree interactive tools to help you understand where you stand right now.
Is Your Bookkeeper Meeting Standards?
2-minute assessment to check if your bookkeeper meets Australian compliance standards for reconciliation, reporting, and BAS preparation.
Try it nowBack-Office Cost Calculator
Put a number on what the books, BAS and payroll cost today across staff, software and providers, and compare it with one coordinated team.
Try it nowFrequently asked questions
The short answers are here. For anything else, ask below or get in touch.
Yes. We work within your existing accounting software (Xero, MYOB, QuickBooks, Wave). No migration is required unless your current setup needs restructuring for proper controls and reporting. We connect to your current file and review its structure against good practice during onboarding.
The honest AI answer
Can AI do your bookkeeping?
Most of the routine work, yes, coding, matching, extraction, anomaly flags. What it cannot do is take responsibility. The honest answer, including Claude, ChatGPT, and what the TPB requires:
Read next
Related reading on this site: BAS and tax compliance, AI bookkeeping, the best bookkeeping services in Australia and the bookkeeper assessment.
Changes to this page
- 14 Oct 2026Answer paragraph added, sourced key-facts table, byline and dates added; duplicate tool card replaced (organic programme WS5/WS6).
Ready to get the books off your desk?
Talk to a Finance Advisor about where your file is at. We'll set out what's included, how the catch-up works and what the fixed monthly fee would be for your business.