Know Your Numbers!
Our cloud accounting packages are designed around you.
Depending on the package you choose we can be involved as little or as much as you like. Cloud Accounting Packages mean you get more from your accountant, including proactive and timely advice, identify opportunities and issues before they can cause too much harm.
What is Cloud Accounting?
Cloud accounting involves access to accounting software (and your data) via an internet browser. Most cloud accounting systems charge a monthly subscription fee, rather than an annual fee.
Accessing your accounting software and data is by user login access, which means that data sharing is easier, you can access the information from almost anywhere and you will no longer need to physically move data from one computer to another.
What is involved in switching to the cloud?
Converting your financial data to a new system can be daunting, we are here to help.
The first step is to consider if you would like to start a new “fresh” accounting file with access from the new system to only opening balances, supplier and customer records or if you would like full access to your old data from the new system?
Once the decision is made, we work out a cut-off date, set up the new file, which can include your chart of accounts, payroll, GST codes, suppliers and customer information, and set up your bank feeds.
Our training experts will then engage with you to ensure you know how to use the system and its functionality.
Our cloud accounting packages can be shaped to meet your specific needs if the standard packages are not quite right. Check with us to see if the annual accounting tax requirements can be included in your package at a convenient fixed monthly charge.
Business Performance Review
Every quarter we review your numbers, and monitor Key Performance Indicators, identify areas for improvement or concern, report back to you and talk to you about your business’s financial performance. And we make it as simple as possible for you to understand by producing a half page report on the important financial information about your business.
What do we monitor?
What we review and monitor is tailored to the individual requirements of each business. We give you (and take the time to explain to you) a snap shot of your business and cash flow.
In addition, we also make sure you are compliant with the ATO, and generally review where we can save you money, for example a structure change or how you are engaging workers can save you money.
We build on the data we are collecting for your business, every quarter gives new insights. For example if a client has been doing their quarterly review three years, we have annual averages and quarterly averages to work with based on the last three years. Business owners are driven and passionate about their business – always striving to do better than the previous year. We give them the tools to monitor it and quantify their success.
Empowering decision makers
Know you tax obligations and work to minimise your tax burden quarterly, not before it’s too late!
As part of your quarterly review we calculate your income tax, so you are not just relying on the ATO PAYG Instalments. We match your tax with your income, every quarter. This alleviates nasty surprises and stops overpayments. We work with you to legitimately minimise tax, you are informed about your obligations and can make decisions about your business knowing exactly where you stand financially.
|Package||Cloud Basic||Cloud Assist||Cloud Support|
|For businesses that just want the basics.||For businesses who would like reassurance, understand their business trends, and be in control of their tax obligations||For businesses looking to make the most of their accounting information, improve & develop their business, monitor performance, and minimise tax.|
|Quarterly Business Activity Statement|
|Quarterly management report with Analysis|
|Quarterly Tax Calculations & Instalment Activity Statement|
|Annual Tax Planning|
|Annual Budget Preparation and Quarterly Monitoring & Analysis|
|Quarterly business development meeting|
|Optional Adhoc Support|
Our packages are flexible and can be tailored to your requirements.
|Please contact our office for more information and pricing structures specific to your needs.|