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Client – Agent Linking

Client-Agent Linking with Being Accountable Bookkeeping.

At Being Accountable Bookkeeping, we’re all about efficiency and security. That’s why we’re excited to tell you about Client-Agent Linking, a new process implemented by the Australian Taxation Office (ATO) that benefits both you and your business.

What is Client-Agent Linking?

It’s a secure way to connect your business with Being Accountable as your trusted BAS Agent. By nominating Being Accountable through the ATO’s Online Services for Business (OSfB), you grant us secure access to your ATO Portal, allowing us to:

  • Prepare BAS statements more efficiently. No more manual data entry, meaning faster turnaround times and fewer errors.
  • Communicate directly with the ATO on your behalf. Say goodbye to long phone calls and frustrating hold times.

Who does this affect?

If your business has an ABN (excluding sole traders), Client-Agent Linking applies to you. This includes Companies, Partnerships, Trusts, Not-for-profits, Joint ventures, Cooperatives, Self-managed super funds (SMSFs), and APRA-regulated superannuation funds.

What do you need to do?

  1. We’ll provide you with our Registered Agent Number (RAN) and practice name.
  2. Log in to OSfB and use the “Agent Nominations” feature to find and nominate Being Accountable.
  3. Let us know once you’ve completed the nomination.

What are the benefits for you?

  • Save time and money: Streamlined processes mean less data entry and faster service.
  • Enhanced accuracy: Secure access to your data minimises errors and ensures compliance.
  • Peace of mind: Knowing your taxes are in expert hands allows you to focus on running your business.

Were here to help!

We understand that change can be confusing. At Being Accountable, we’re committed to making this process smooth and hassle-free. Don’t hesitate to contact us if you have any questions about Client-Agent Linking or how it can benefit your business.

We worked with an accountant to help their importer client.

Problem
An accountant introduced us to a new importer client of his. He was 12-months behind in both his bookkeeping and compliance (unlodged BAS). The client’s previous bookkeeper hadn’t picked up the GST component on import customs and the file needed a lot of extra work to bring it up to scratch.
Outcome
Streamline accounting procedures so that the client can provide information and paperwork. We’ve also connected add-ons to Xero to assist the process. Provide end-to-end bookkeeping, payroll, accounts payable, accounts receivable, monthly reports, manage multi-currency accounts and import of stock, BAS lodgement, STP, super, and more. Liaise with accountant to help client stay on track and ensure file is current for monthly advisory sessions between client and accountant.
Solution
The client is now back on track and his bookkeeping compliance is up to date. They are managing growth and cashflow, building their business, and they don’t have to worry that they’re behind anymore. The accountant doesn’t need to worry either because he knows everything is in place so that he can concentrate on planning and the business advisory that he wants to do.