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Xero Bookkeeping

Xero Bookkeeping for Small Business in Australia

Everything a small business owner needs to know about running their books in Xero, from what a Xero bookkeeper does each month to moving across from MYOB or QuickBooks. Registered BAS Agent and Xero Certified Advisor, fixed monthly fees.

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What is Xero bookkeeping for small business?

Xero bookkeeping means running your small business accounts in Xero, Australia's most widely used cloud accounting platform, with a Registered BAS Agent and Xero Certified Advisor keeping the file accurate. It covers bank reconciliation, GST and BAS, payroll and Single Touch Payroll, invoicing and payables, and clear monthly reporting, all in one place your accountant can access. True Tally works exclusively in Xero, so your numbers are always current, reliable and ready to act on.

Why Xero for an Australian small business?

Xero connects directly to the ATO for BAS lodgement, pulls automatic bank feeds from every major Australian bank, and has the deepest ecosystem of add-ons (Dext, Hubdoc, Fathom, and industry tools like Halaxy, Splose and Tradify). For a small business it means less manual data entry, fewer errors, and live visibility of cash flow rather than a shoebox reconciled once a year. Xero Certified Advisor status is the credential that shows your bookkeeper knows the platform properly.

What does a Xero bookkeeper actually do each month?

A good Xero bookkeeper reconciles every bank account in the first week of the month, codes transactions correctly, keeps GST and payroll compliant, chases overdue debtors, and produces a plain-English report so you know where you stand. At True Tally we also action payroll through our own HR software subscriptions, keep your chart of accounts clean, and use Fathom to turn the Xero data into a dashboard you can run the business from.

Moving to Xero: how does a conversion work?

If you are on MYOB, QuickBooks, spreadsheets or a messy Xero file, we handle the conversion: migrating your data, rebuilding the chart of accounts, setting up bank feeds and payroll correctly, and checking opening balances against your last BAS and financials. You get a clean file from day one, not a mess carried across. We work exclusively in Xero, so conversions are a core part of what we do.

How much does Xero bookkeeping cost?

True Tally works on fixed monthly fees, not hourly billing, so you always know the cost. Monthly bookkeeping starts from $300 per month for up to 100 transactions and 2 bank accounts, BAS from $150 per lodgement, and payroll from $20 per payslip with STP and super included. We do not take on one-off cleanups; catch-up work is only for new clients moving to ongoing monthly support.

Want your Xero file handled properly?

Fixed monthly fees, no lock-in. Book a free 20-minute call and we will review your Xero setup.

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In-depth guides on Xero, software comparisons and getting your accounting stack right.

Frequently Asked Questions

Is Xero good for small business bookkeeping in Australia?

Yes. Xero is the most widely used cloud accounting platform for Australian small business, with direct ATO lodgement, automatic bank feeds and a large add-on ecosystem. Paired with a Registered BAS Agent and Xero Certified Advisor, it gives accurate, current books and real cash flow visibility.

Can you move my business from MYOB or QuickBooks to Xero?

Yes. True Tally works exclusively in Xero and regularly converts businesses from MYOB, QuickBooks, spreadsheets or a poorly set up Xero file, including data migration, a clean chart of accounts, bank feeds and payroll, with opening balances checked against your last BAS.

Do I still need an accountant if I have a Xero bookkeeper?

Usually yes, for annual tax and structuring. Your Xero bookkeeper keeps the books accurate all year, lodges BAS and runs payroll, then hands your accountant clean, accountant-ready files at year end, which reduces your tax preparation cost.

How much does a Xero bookkeeper cost for a small business?

At True Tally, fixed monthly fees from $300/month for bookkeeping, $150 per BAS, and payroll from $20 per payslip. You get a fixed quote after a free 20-minute call, with no lock-in contract.

Ready for Xero bookkeeping that just works?

Book a free 20-minute call. Fixed monthly fees, no lock-in.

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