Accounting and Bookkeeping
How Do Accounting Professionals Add Value?
Having a clear picture of what is going on in your business helps you to make sound decisions.
We can help you work out how profitable your business actually is. Many businesses operate on the assumption that if there is money in the bank at the end of the week, then, that’s a profit!
It is easy to be caught out by other outgoings such as:
- GST owed to the Australian Taxation Office (ATO)
- Tax deducted from employees’ wages that needs to be paid to the ATO
- Superannuation contributions payable for your staff each quarter
- Goods or services that your business bought on credit that remain unpaid
- Work you have done for your customers/clients that you haven’t been paid for yet
- Long Service Leave entitlements that take a few years to build up but may be unfunded when a staff member takes the LSL or resigns.
This is where our experience can help you identify what is actually going on in your business. We do this day in, day out and have become adept at pinpointing the strengths and weaknesses in your business and its profitability.
Are You Paying the Correct Amount of Tax?
By having reliable accounting records, we can ensure that your financial statements are accurate and that you are paying the right amount of tax. Our deep understanding of tax laws enables us to give you the best advice on tax matters.
Applying for a Loan?
Your loan application will be enhanced by providing the lender with a professional set of financial statements prepared by recognised professionals who are members of the peak accounting body in Australia, Chartered Accountants Australia and New Zealand.
Do You Want to Do the Bookkeeping or Give It to Experts?
Each business owner has different needs, so we can tailor our services to your requirements. We can help you select the right accounting software to help streamline your accounting systems. Some owners prefer leave it to us to gather their bank transactions and seamlessly produce their financial statements. Together we can work out what is right for you.
Be Empowered by Information
Knowledge is power, so make sure you know what is happening in your business by having accurate and reliable accounting advice.
Contact Us today.
Disclaimer:
The above services are provided by Stanley & Stewart Accountants Pty Ltd ABN 76 114 691 673, trading as Stanley & Stewart Chartered Accountants, a company that is not licensed to provide financial planning services.
Any financial planning services required are provided by Stanley & Stewart Financial Planning Pty Ltd ABN 97 611 554 299, an Authorised Representative of Politis Investment Strategies Pty Ltd ACN 71 106 823 241 AFSL No 253125.
Liability limited under a scheme approved by Professional Standards Legislation.