Trade Accounting and Taxation

We appreciate the unique nature of the trades including the importance of cash flow, quotes, invoicing, job costing and scheduling, progress payments, retention and variations, tracking project profits and paying sub-contractors.

This is in addition to the usual small business compliance issues of GST, BAS, PAYG and Superannuation.

We are Here to Help You!

The long hours and physical demands associated with the trades often means accounting and taxation issues don't receive the attention they deserve.

While GST, BAS and tax payments often represent some of the largest financial obligations for a business, most tradespeople fail to manage their tax appropriately.

As a result we find many tradespeople pay too much tax, miss legislative obligations and expose themselves to substantial fines or interest penalties.

Failing to adequately prepare for tax obligations can also play havoc with your business cash flow, which is so important in the trades.

Banklink. A viable option for busy people who hate book work!

If you do not like accounting or book keeping we can provide you with our Banklink service at a very reasonable price per month.

Banklink uses your transaction details to produce books by virtual remote control. Read more here.

Do you need assistance?
We CAN help you!
We are here to help you.
CALL NOW! 03 5571 2774

We can Help You with Choosing Great Accounting Software!

Selection of accounting software seems to be another major hurdle for tradespeople.

Frequently we find plumbers, carpenters and electricians using accounting software beyond their business needs and level of accounting skill.

This usually leads to considerable frustration for both you and us, and accounting records that amount to nothing more than a 'computerised shoebox'.

Computerised shoeboxes are very expensive to process and yield big accounting bills.

With so many software packages on the market it is easy to become confused and make the wrong decision.

The software on the market ranges in functionality and sophistication with a price tag to match.

Our first step with new clients in the trades is to review their business needs and level of accounting skill.

Would you use a Rolls Royce if a Toyota Would Do The Job?

If you don't understand double entry accounting including debits, credits and journal entries then you'll probably struggle to cope with higher end programs without undergoing extensive training.

If you just need to track your receipts, payments, sales and GST we recommend Cashflow Manager.

Cashflow Manager lets you generate tax invoices, monitor who owes you money and will produce monthly statements and budgets.

If you have staff you can add the wages module which makes payroll accounting very easy.

We are not your average accounting firm that just keeps the 'score'.

Our mission is to help you grow your business

With over 22 years experience with clients in the trades you can benefit from our experience.

To support this claim, we provide a 'client services directory' on the clients home page of our website where we invite our database of clients to use the services of our business clients including various tradespeople.

Over 50 Trades and Services...

We have over 20 years experience servicing clients across a broad range of trades including:

What to Look for in an Accountant

• As a business owner you will probably be looking to grow your business and your wealth.

• You will then be needing more than an accountant who just keeps the score.

• We are not your average accounting firm.

• You will find that we treat you like a valued human being, not a number or dollar sign.

• We aim to help you build a better, more profitable and valuable business by combining the knowledge of your business with our consulting tools and expertise.

• Tradespeople are one of our specialist client groups and you can benefit from our experience.

Do you need assistance?
We CAN help you!
We are here to help you.
CALL NOW! 03 5571 2774

Are you thinking of starting a business?

If you are looking to start a business in the trades then talk to us about our comprehensive 45 page booklet, 'Starting or Buying a Small Business'.

This booklet is a valuable resource, available to clients and prospective clients.

It explores all the key issues related to starting a business.

Issues such as:

• alternative business structures,

• GST and tax registrations,

• record keeping,

• legal issues,

• employing staff

• and preparing a business plan and cash flow budget.

How we can help you?

As with your trade, we recognise the need to deliver timely, quality advice and services, including monitoring your tax position.

Our approach is personal

and you will enjoy friendly support,

guidance - if you request it,

together with cost effective strategies and solutions.

and accessible.

Small Business is Our Passion

We offer you a full range of accounting, tax and business services.

Contact us today because your business and personal success are important to both you and us.

So contact us NOW to make an appointment.

• Are you looking for friendly, personalised service?

• Do you wish to be able to sleep soundly at night knowing that your financial affairs are in safe hands?

• Are you seeking to have you affairs handled in a professional and confidential manner, with a minimum of fuss?

Then contact us now! CALL NOW! 03 5571 2774. It will only take a minute of your time.

We assure you of SECURE & CONFIDENTIAL COMMUNICATION.
Please view our privacy policy.
WE DO NOT DO SPAM. SPAM IS FOR JERKS. JERKS WE ARE NOT. :)

If you would like to know more, please use the form opposite OR
CALL NOW! 03 5571 2774 OR
at our office which is located at 305 Gray Street, Hamilton, Victoria. 3300.  

You see, small Business is our Passion!

We are Quality Assured by the Institute of Public Accountants (IPA), which means you can be sure every project we undertake is carried out to International Standards, so that you can be guaranteed the precise result you pay for.

Last updated Tuesday 12th February 2013