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

Inviting a New User into Your Organisation

You need Manage Users access to be able to invite a user into your organisation.   Go to Settings > General Settings > Users and click Invite a User to enter a new user's details.     Name & email addressEnter the name and email address of the user you want to add. The Xero invitation will be sent to the email address you enter.   Access to the accountsChoose a role for the user. The role sets the level of access they have to your Xero organisation to view and enter information or make changes. We recommend you give your accountant or bookkeeper the Adviser user role. This role lets them...

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...

Recording a New Loan

  Step 1 – RECORD THE PURCHASE and SET UP THE LOAN   I always find it easiest to set up loans with a straight journal entry . a DEBIT to the appropriate FIXED ASSET Account (ie. GENERAL POOL ASSETS) for the GST exclusive cost of the Asset purchased with the CAG code to add the GST Make sure you put the Supplier name in the journal line so that the journal comes up when you do any reports or searches by the supplier. Then a DEBIT to the "LESS UNEXPIRED INTEREST" account (set up as a sub account of the Loan Liability Account) for the total amount of the interest over the period of the loan; a...

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...

Reversing a Bill From a Locked Period

   To clear an old bill from accounts payable that shouldn’t still be there, and is dated in a Closed period, do the following:   STEP 1:    Do a journal entry to reverse them. Date the journal the 1st day of the quarter that is NOT CLOSED. The journal entry would be:               Debit                                                                                                    Credit Accounts Payable       (THE TOTAL AMT OF THE BILL)        (you must put the supplier name against this line) ...

Recurring Transactions

Using the Recurring Transactions feature in MYOB is a very easy way to significantly speed up your data entry process each month. I mean even if you are one of those rare people that love bookkeeping, do we really want to waste hours every year repetitively entering the same transactions over and over again?   Use the Recurring Transaction feature to save all the transactions that are repetitive as Recurring on a daily, weekly, fortnightly, monthly, or annual basis and more.   The sort of transactions that you can save as Recurring are loan repayments; Hire Purchase repayments; monthly...

Recording BAS Payment

Step 1 Enter the payment of the BAS as follows, breaking it up line by line to it’s appropriate accounts. Notice that the PAYG Withholding is entered using the “General Clearing Account” The GST (both the Collected and Paid amount 1a and 1b) are entered using the “TAX PAYABLE” Account. If you pay a PAYG Instalment (5a from the BAS) (there is none in the transaction pictured below), you would enter this against an Account called “PAYG Instalment” set up as a CURRENT ASSET Account in the Chart of Accounts. Similarly if you claim a Fuel Tax Credit (7D from the BAS) you would enter this against...

The Best Way For Recording Bank Deposits In A Business That Receives Mostly Cash

When you record your bank deposits of course it is very important if you have received cheques to match these correctly to the actual bank deposit. When you receive mostly cash it is not easy to match what you deposit to what you have received. Often you will have taken some of the cash and used it for petty cash items, so it never actually makes it to the bank. Some businesses still want to exactly account for their cash. This is often quite a good idea. When they do this they make it a practice to never use money from the till to make purchases, rather they have a separate petty cash tin...

Using Company Data Auditor

The Company Data Auditor can be found in MYOB in the Accounts Command Centre. It is a very useful tool and I strongly recommend that you run it prior to preparing any BAS or your end of year reports. It will not pick up every error that has been made, but it will certainly go a long way to pointing out to you many possible errors that may have been made, and give you the chance to fix them before preparing a BAS or financial reports. Below is a brief summary of the Company Data Auditor and some of its checks, to assist you. 1.     COMPANY FILE OVERVIEW Check that the file has been backed up...

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...

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