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Bookkeeping for Inner West businesses

For the Inner West Local Government Area, the industry chart below puts professional, scientific and technical services at the head of the list, and for practices like these the books hinge on billable hours and stages becoming invoices that get paid. The bookkeeping is done in a file the business owns, whether Xero, MYOB or QuickBooks, and at each month end you see what customers owe you set against what you owe suppliers.

  • By Book Keeping Pros
  • Sources checked 15 Oct 2026

Actively trading businesses whose main business address is in the Inner West Local Government Area (2025 boundaries), June 2025

20,640 businesses

Estimated resident population of the Inner West Local Government Area (2025 boundaries), 30 June 2025 (preliminary)
193,125 people
Growth in the estimated resident population of the Inner West Local Government Area (2025 boundaries), 30 June 2024 to 30 June 2025
1%
These are the ABS figures for the Inner West Local Government Area as its boundaries stood in 2025.

How we serve Inner West businesses

  • Hours and milestones invoiced

    Time and milestones logged in your practice or project system become invoices as they fall due, and each receipt is paired with the invoice it clears.

  • Supplier accounts checked before payment

    Bills sitting in your file are lined up with each supplier's own statement, so a missing or duplicated bill turns up before money goes out.

  • Lapsed books caught up in order

    Where reconciliations have stopped, we pick up at the earliest open month and move forward, closing off each month before starting the next.

Businesses by industry in the Inner West Local Government Area

The ABS may perturb small counts to protect confidentiality, so the figures need not add up exactly.

  1. Professional, Scientific and Technical Services4,351 businesses
  2. Rental, Hiring and Real Estate Services2,500 businesses
  3. Construction2,240 businesses
  4. Health Care and Social Assistance1,989 businesses
  5. Retail Trade1,248 businesses
  6. Accommodation and Food Services1,052 businesses
  7. Transport, Postal and Warehousing1,004 businesses
  8. Financial and Insurance Services936 businesses
Source: Australian Bureau of Statistics, Counts of Australian Businesses. Checked 15 Oct 2026.

Businesses by number of employees in the Inner West Local Government Area

The ABS may perturb small counts to protect confidentiality, so the figures need not add up exactly.

  1. Non-employing12,658 businesses
  2. 1 to 4 employees5,719 businesses
  3. 5 to 19 employees1,782 businesses
  4. 20 to 199 employees464 businesses
  5. 200 or more employees17 businesses
Source: Australian Bureau of Statistics, Counts of Australian Businesses. Checked 15 Oct 2026.

Payroll tax and long service leave in New South Wales

Each state and territory sets its own payroll tax and long service leave rules. The payroll tax figures are for the 2026-27 financial year.

Annual payroll tax threshold in New South Wales, 2026-27
$1,200,000Revenue NSW. Checked 15 Oct 2026.
Payroll tax rate in New South Wales, 2026-27
5.45%Revenue NSW. Checked 15 Oct 2026.
Long service leave in New South Wales: years of service for the full entitlement
10 yearsNSW Industrial Relations. Checked 15 Oct 2026.

Services for Inner West businesses

What Inner West business owners ask us

Does the area in these figures match the one I have in mind?
They're the ABS figures for the Inner West Local Government Area as it was drawn in 2025, and every figure, the population estimate included, uses those boundaries. What people mean by the name may not match that line.
We're a design studio that invoices in stages. How does that work with you?
Your quotes and project tool stay as the source. Each stage invoice is recorded when it is issued, money received is set against it and any stage left unpaid past its terms is flagged.
Can you report costs job by job for a building firm?
Yes, if your software has jobs, projects or tracking categories switched on. Materials bills and progress invoices are tagged to their job, so you can set what a job has cost beside what it has billed.
Will we need new software?
No. Xero, MYOB and QuickBooks are what we use, and we work inside the business's current file, so nothing has to be moved across.
How does it start?
From the contact page, let us know which package you're on, which bank and card accounts the business holds and the date the books were last reconciled. A written quote follows before we start.

Sources

  1. Population estimates by LGA, Significant Urban Area, Remoteness Area and electoral division, 2001 to 2025 (32180DS0004_2001-25.xlsx)

    Australian Bureau of Statistics. Estimated resident population at 30 June, 2001 to 2025 (2022 to 2024 revised, 2025 preliminary), released 31 March 2026. Checked 15 October 2026.

    Source: Australian Bureau of Statistics, Regional population, 2024-25 financial year, licensed under CC BY 4.0 Licence: CC BY 4.0.

  2. Counts of Australian Businesses, data cube 10: Businesses by Local Government Area by industry division by employment size ranges (8165DC10.xlsx)

    Australian Bureau of Statistics. Actively trading businesses at 30 June 2025, released 16 December 2025. Checked 15 October 2026.

    Source: Australian Bureau of Statistics, Counts of Australian Businesses, including Entries and Exits, June 2021 to June 2025, licensed under CC BY 4.0 Licence: CC BY 4.0.

  3. Payroll tax thresholds and rates

    Revenue NSW. 2025-26 and 2026-27, released 1 July 2026. Checked 15 October 2026.

    © State of New South Wales through Revenue NSW Licence: Revenue NSW terms of use: copyright, State of New South Wales.

  4. Long Service Leave Guide (NSW), March 2026

    NSW Industrial Relations. First published March 2026, released 2 March 2026. Checked 15 October 2026.

    © State of New South Wales 2026 Licence: All rights reserved, State of New South Wales.