K.I.S. Accounting Systems

K.I.S. Accounting Systems is a team of Tax Agents, Accountants, Consultants, Trainers and Bookkeepers who are Accounting Software Specialists.

We provide remote and onsite support, training, bookkeeping, accounting & Taxation and BAS services.

Contact Us


We keep your books tidy; giving you the time to get on to bigger and better things. Read more


We can do your taxes and activity statements: or get them prepared for easy reporting.


Training Australia wide in Reckon, QuickBooks, XERO, and MYOB. Read More


Get all the accounting software support you need with hands-on help. Read more

Do I Need More Than One Bank Account?

WHY DO COMPANIES HAVE MORE THAN ONE BANK ACCOUNT? There are multiple reasons a business may choose to have more than one bank account.    Some companies have a main cheque account and then a tax management account. They transfer regular amounts into the tax management account from the main cheque account so that when it is BAS and tax time or super needs to be remitted they have the funds available.   Some companies may have a couple of different aspects to their business and like to keep everything totally separate. This is particularly true with businesses that still adopt the old manual...

Finance Options

Note: This is not advice. Please look at it as a guide only and get specific advice from your own Tax Agent or Lawyer. Question: I am Cash Based for GST. I need to buy a new car (or piece of business equipment). What is the difference between a Lease a Hire Purchase or a Chattel Mortgage? And how do I treat them in my accounting software?   a)        CHATTEL MORTGAGE For a business that is cash based for GST a Chattel mortgage is a very good option to investigate, as you are able to claim the GST on the purchase of the car/equipment (for the business % of use) up front at the time you make...

Customizing Invoices and Other Sales Forms In QBO

You can customize the style of invoices, sales receipts, and estimates, plus you can control which data entry fields are available on sales forms. To change the style of sales forms: Click the Gear Icon > Custom Form Styles.  To change the Standard style for all types of forms, click Edit. Or, click New style and then select Invoice, Estimate, Quote or Sales Receipt from the list in the dropdown menu to start a new style. On the Customize Form Style page, go through all the tabs at the left to experiment with the changes you can make. For example: Design - click on the following options...

Reckon Accounts in the Cloud

A significant number of our clients are now using the Hosted (Online) version of Reckon Accounts. I am using it myself for our own accounting. Some of the advantages of using the online version of the product are: 1.  You can access your Reckon Accounts file from any computer, any where, any time. 2.    Your file is very well protected. It is being backed up every hour on the Reckon servers and is backed up in multiple locations and in multiple countries. Compare that to your own current backup process. 3.   You will be using the Enterprise version of Reckon Accounts. This is currently the...

Merging Lists

You can easily merge SUPPLIERS & CUSTOMER NAMES, ITEMS & ACCOUNTS IN Reckon Accounts. If you find a supplier or customer entered into your Reckon Accounts system with two different names eg. Joe Blogs Lawnmowing Services (Company name) and Joe Blogs (Individuals name) and they are one and the same business then the easiest way to fix this is by simply merging the two into one. This will mean that all transactions that have been entered against both list items, will now be entered against the one chosen list item. To do this go into your Supplier/Customer Centre, select one of the names (the...

Set Up a New User in Reckon Accounts (Hosted/Enterprise)

Go to COMPANY/USERS/SET UP USERS AND ROLES Enter the Admin Password This will bring you into the Users tab of the Users/Roles list window. Note: While you are in here delete any users that are no longer working for the business or are no longer using Reckon Accounts, to keep the list relevant To set up your new user, choose either NEW to set up a new user from scratch, or choose DUPLICATE to copy the existing set ups of another user (this is the easiest way to do it if you want to set someone up with the same role) From the Users and Roles window, USERS tab, Highlight the User that you want...

How to Create an Invoice in QuickBooks Online

Click on the Plus (+) sign at the top right of any screen then select INVOICE from the drop-down list Choose a Customer from the dropdown list (or start typing your customer’s name to search the list) Tab to the Email field, your Customers email will prefill automatically if you have set up the Customer earlier, otherwise enter your customers email address here. Note: You can also add a CC/BCC at this point. Tab to the Billing Address field it will autofill if you have set up the Customer Details earlier, otherwise enter your customers Billing Address Tab to the Terms field. Select the Terms...

Recording Banking Transactions

One of the regular mistakes that I find when I am looking at my clients accounting files is the incorrect usage of tax codes in banking transactions. So help with this I have created a list of the type of banking transactions you might come across and the correct tax code to use in your particular Accounting Software: For Bank Interest earned (INCOME) MYOB – ITS Reckon Accounts – INP QuickBooks Online – Input Tax XERO – Input Taxed For Bank Interest EXPENSE MYOB - FRE Reckon Accounts - NCF QuickBooks Online - GST Free Non-Capital XERO - GST Free Expenses. For Bank Fees charged to your...

What Are The Main Reports I Should Be Concentrating On?

WHICH ONES SHOULD I BE LOOKING AT REGULARLY? Here are a few common reports that most people use but it is up to you to go and “play” in the reporting section of your accounting system and find the reports that suit your business. Once you have found the reports you like you can modify them to suit you.   Profit & Loss - Profit & loss standard report This report summarises your income and expenses for the month, so you can tell whether you're operating at a profit or a loss. The report shows subtotals for each income or expense account in your chart of accounts. The last line shows your net...

Zero Dollar Clients in Accounts Receivable

Question: I have got two customers on the accounts receivable list that has nothing owing. I have marked both inactive and they still come up. Any suggestions? Answer: If you double click the amount in the Receivables report you will see there is an amount owing + an amount paid (or credited)both the same amount that negate each other and add up to zero. If it is a payment with an Invoice then just click on the payment to open it and tick the outstanding invoice of the same amount that will be there. This will get rid of it out of your Receivables. If it is a credit with an Invoice then go...

Services We Provide


  • Training - one on one & classroom.
  • Remote Accounting Software Support
  • BAS Preperation & Lodgement. 
  • Pre-Tax/End of Year Preperation
  • Bookkeeping 
  • Setup & Initial Training
  • Health Checks on your Accounting Software. 
  • Management Reporting. 
  • Software Sales and Advice 
  • Support and Membership Opportunities for other independant bookkeepers.
  • Support and Membership Opportunity for other Accountants and Tax Agents. 
We can provide Reckon Accounts, QuickBooks, XERO and MYOB: - Training, Bookkeeping, Accounting, BAS, Taxation and Support to clients in: Wollongong (Illawarra); Sydney; South Sydney; North Sydney; Northern Beaches; Nowra; South Coast; Southern Highlands; Batemans Bay; Newcastle; Dubbo; Wagga; Bathurst; Mudgee; Brisbane;, Melbourne; Hobart; Darwin; Perth; Adelaide; Rockhampton;, Toowomba; Cairns; Canberra and anywhere else in Australia.

This business is owned by Heather Kennedy who is a Registered Tax Agent; Public Accountant member of the IPA; Accredited Consultant with Reckon; a Certified QuickBooks Online Pro Advisor; a partner with MYOB and an Advisor with Xero. 

Ph: 1300 556 360