Business Services

Bookkeeping Services

Experience Financial Freedom with Professional Bookkeeping Services

Are you tired of spending countless hours trying to balance your books? Do you find yourself stressed and overwhelmed by the never-ending paperwork? It's time to take control of your financial life and experience the peace of mind you deserve. At RGA Business and Tax Accountants, we offer professional bookkeeping services that can have a significant impact on the quality of your life.

1.    Financial Organisation: Our bookkeeping services help our clients maintain accurate and organized financial records. This organisation brings clarity and structure to your financial affairs, making it easier for you to track income, expenses, and financial transactions. This, in turn, reduces stress and provides a sense of control over your finances.

2.   Time and Efficiency: Bookkeeping tasks can be time-consuming, especially for individuals and businesses without the necessary expertise. By taking care of these tasks, we free up your time to focus on your core activities, whether it's running your business or pursuing your passions. This increased efficiency allows you to be more productive and enjoy a better work-life balance.

3.   Financial Insights: Our bookkeeping service allows us to provide you with access to valuable financial data and insights. We analyse and present this information to you, help you gain a deeper understanding of your financial situation. This knowledge enables you to make informed decisions, identify areas for improvement, and seize opportunities for growth.

4.   Cash Flow Management: Effective cash flow management is crucial for the success of any business or individual. By monitoring income and expenses, tracking receivables and payables, and providing cash flow projections where requested, we assist you to maintain a healthy cash flow. This helps you avoid cash flow crises, make timely payments, and plan for future financial needs.

5.   Tax Preparation Support: Accurate bookkeeping is essential for smooth tax preparation. By maintaining organised financial records and providing necessary documentation, we simplify the tax preparation process for you. Having your bookkeeping, accounting and tax preparation all in one place reduces your stress and ensures compliance with tax regulations, potentially leading to tax savings and avoiding penalties.

6.   Financial Decision-Making: Clear and up-to-date financial records are essential for making informed financial decisions. By providing accurate and timely financial reports, we equip you with the information you need to evaluate your business performance, identify trends, and make strategic decisions. This empowers you to make sound financial choices that align with your goals and aspirations.

Why Choose RGA Business and Tax Accountants Bookkeeping Service?

• Expertise and Experience: Our team of professional bookkeepers has years of experience in the industry. We stay up-to-date with the latest accounting practices and technologies to provide you with the highest level of service.

• Customized Solutions: We understand that every business is unique. That's why we tailor our bookkeeping services to meet your specific needs. Whether you're a small business owner or a freelancer, we have the expertise to support you.

• Cost Savings: Outsourcing your bookkeeping needs to us can save you money in the long run. By avoiding costly mistakes and ensuring accurate financial records, you can minimise the risk of penalties and fines.

• Focus on What Matters: By entrusting your bookkeeping to us, you can free up your time and energy to focus on what you do best – running your business and enjoying your life.

Our Bookkeeping services include:

• reconciliations & rechecking invoices
• managing profit loss statements
• BAS/IAS
• income tax returns
• payroll & superannuation obligations for small business
• inventory control (optional)
• budgeting & forecasting (optional)
• KPI tracking & benchmarking (optional)

Don't let bookkeeping stress hold you back from living the life you deserve. Please get in touch with us today for assistance and let us transform your financial management. Together, we'll pave the way for a brighter and more prosperous future. Talk to us today about cost effective bookkeeping services we can assist with. Call us on 07 3289 1700 or please get in touch with us for assistance.

Budgeting

A good budget is a necessity for a good business plan. It is one of the best business tools you can have, enabling you to set financial targets and measure your performance.

The techniques we utilise to form financial projections enable you to consider future scenarios and provide you with goals to strive for in your business.

In addition to goal-setting value, budgets will often improve your chances of acquiring funding. Financiers often require forecasts as a prerequisite for funding approval.

The techniques we utilise to form financial projections enable you to consider future scenarios and provide you with goals to strive for in your business. There are many types of budgets. We can help you design the right budget for your requirements.

Let us show you how a budget can provide feedback that helps you prepare for the future of your business!

Business Start-Up

If you have a good idea for a new business venture but don't have expertise in the legal or financial aspects, we can help you:

• Decide on the most suitable structure for your business - Sole trader, partnership, or limited company
• Prepare a business plan, cash flow projections, budgets, and trading forecasts
• Assess your finance requirements, advise on the best sources of finance, and draw up the necessary proposals
• Establish a good working relationship with your bank
• Register for an Australian Business Number with the ATO
• Complete registration procedures with the Australian Securities and Investments Commission
• Deal with company secretarial issues
• Set up a recording system for your internal use and for complying with statutory requirements

Let us help you turn your business idea into a reality!

Cashflow Forecasting

Are you holding too much inventory? Is this the right time to expand your business? Are you going to have enough cash to pay all expenses every month? Surviving in today's business climate requires you to spend more time working on your business than in it.

We can provide you with accurate, timely, informative cash flow forecasting reports that enable you to:

• Realise and understand when cash is available
• Plan and prepare for expansion, stock control, and taxes
• Analyse and anticipate key expenses

Equipped with this information, we'll work with you to develop action strategies that improve your bottom line.

Financial Planning

Financial planning involves developing comprehensive, effective strategies to strengthen your financial security and ensure your financial goals can be met. These strategies provide a separate source of income to your business or employment income.

The experts at Robert Goodman Accountants can assist with all your SMSF Administration needs.

We also have associations with Financial Planners who specialise in providing independent SMSF, retirement & Estate Planning advice.

Financing

A wide range of financing options exist, each with their pros and cons. At RGA Business and Tax Accountants Pty Ltd we know the financial market and have the experience to assist you in securing the best financing option for your personal and business goals. Our experience in the market means we can also structure debt upon acquisition to maximise tax advantages.

Let our experienced team explore the best financing options with you an get your business closer to its goals!

Management Consulting

Our aim is to ensure your business achieves the potential it is capable of. We have the know-how and experience to offer advice that helps you run your business more effectively.

We are practiced in acting as a sounding board for management, bringing years of experience in business growth to the relationship. We can identify key performance indicators in your business, through which you will see positive changes occurring with the help of our professional consultants.

We check that your business is as competitive, focused, and profitable as it can be, then offer flexible strategies, designed to address the issues affecting your business.

Let us give your business a health check! Take the practical advice we can provide to ensure the ongoing success of your venture.

Office Duties

Here at RGA Business and Tax Accountants Pty Ltd we understand that day-to-day office duties are not everyone's cup of tea. We are happy to help you out with some or all of these services:

• Processing wages
• Paying creditors and processing payments
• Collecting and banking debts
• Various secretarial tasks

Payroll Services

Administering your payroll can be time-consuming and divert you from your core business activities. Added to this, payroll and employment legislation are growing increasingly complex.

We can relieve you of this burden by providing a comprehensive, confidential payroll service that includes:

• Customised payslips
• Administration of PAYG, statutory sick pay, and annual leave
• ATO filing
• Summaries and analyses of staff costs
• Administration of incentive schemes, bonuses, and termination payments

Even if you only have a few employees, you will save by engaging us to administer your payroll.

Risk Management

A multitude of risks exist in today's business environment. At RGA Business and Tax Accountants Pty Ltd we pride ourselves in our proven ability to accurately assess risk and protect you from vulnerabilities inherent in your enterprise. An effective risk management strategy improves the performance of your business, enables you to complete goals, and protects the value of your business.

A risk assessment includes:

• Assembling relevant information about your business and market
• Identifying the major risks facing your organisation
• Developing a risk strategy
• Implementing the risk management procedures

Software Solutions

Let us help you make the right choice of accounting software. A decent accounting system will help you keep track of your cash flow and let you complete GST returns easily.

Choosing the right system for your business can be difficult. After all, there are over sixty accounting packages available in New Zealand. Here at Robert Goodman Accountants we invest considerable resources into ongoing staff training to ensure we can recommend the best accounting solution for your business.

We are also Myob Certified Consultants, Xero Partners & Quickbooks Online certified.