Accounting System Setup

“Don’t ever let your business get ahead of the financial side of your business. Accounting, accounting, accounting. Know your numbers” – Tilman J. Fertitta

 

Why a need for robust accounting system

If you have a new business or if your existing accounting system is no longer fulfilling your business and reporting requirements, then it’s time to consider implementing an accounting system which will

  • fullfill ATO requirements
  • provide you accurate and timely information
  • enable you to make informed decisions
  • provide you real insight of your business
  • enable you to implement budgeting and control system
  • complement management reporting

Empirical studies suggest that a high number of businesses who tried to set up their own accounting functions had to go back to experts at some stage. This is where most of the times there is a need to redo everything from scratch and this costs time and money. Of course, at early stages of your business you need to set up a workable system that you can use to advance your business, without breaking the bank, getting into tax trouble, or running up against any other financial issue that can cause even the most promising businesses to fail.

What are we doing for businesses

We understand these difficulties being faced by new start-ups or by those who are at growth stage. We are offering professional services to help businesses identify the right software from the outset. Our services to this end includes any or a combination of the following:

  • Selection of an accounting software given the business requirements
  • Setup of selected accounting software
  • Setup of financial settings i.e. method of accounting, accounting calendar, currency, business name and logo
  • Setup of your chart of accounts, business segments, cost and profit centres
  • Opening and setup of business bank account
  • Setup of vendor and customer master data
  • Setup of inventory items
  • Designing invoice templates
  • Setup of email invoicing and reminders
  • Setup of management reports

We are helping businesses invest in the right accounting & management system, providing maximum value for money

Contact us today and we’ll tell you how we are doing it.

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Contact us

Phone us: 1300 090 777

Service Areas

Queensland: Brisbane, Cleveland, Logan City, Beenleigh, Gold Coast, Ipswich, Sunshine Coast

New South Wales: Sydney, Paramatta, Bayside Council (Rockdale), Shellharbour

Brisbane Office: Office 24, 138 Juliette Street, Greenslopes, QLD 4120, Australia

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