We provide solutions to empower you to move your personal and business affairs forward with confidence and success.


Accounting Software (Including Cloud) Training

Have you heard about the cloud but not sure if it is for you or what the risks are?

Have you heard of the various packages such as Xero, MYOB, Reckon, Intuit, Vend and Cash Flow Manager but not sure what is right for you?

We have clients using these various packages (and more), some of them in the cloud and some of them not. We have team members who are accredited to train in various packages.

We will give you an unbiased appraisal of what would suit you, including risks, costs, advantages, disadvantages. We can then help to set you up, train you and provide ongoing support as needed.


ASIC, Taxation and other reporting requirements

Don't risk heavy fines for non-compliance!

We have the systems in place to attend to all these matters for you.


Book-keeping

Sometimes you are better to concentrate on doing what you do best and leave the book-keeping to someone else. We are of course able to train you in how to keep the records yourself; but if you just don't have the time, or if you can do better by spending your time on other activities, then why not use our bookkeeping division, InSynq Bookkeeping.

InSynq has the advantage of running alongside Chartered Accountants with that level of expertise available, yet it charges at bookkeeping rates. Further savings can then be made on your accounting fees.

Bookkeeping services include:

  • Payment of suppliers invoices after they have been properly approved by the client.
  • Bank reconciliations.
  • Data entry from source documents provided by the client into Xero/MYOB/QuickBooks/Cash Flow Manager.
  • Maintenance of payroll records including production of employee pay slips, end of year PAYG summaries, payroll tax reconciliations, Work Cover reconciliations, and superannuation records.
  • Production of trial balance, monthly profit and loss, monthly balance sheet.
  • Maintenance of GST records from source data provided by the client and preparation of BAS statements.
  • Production of Aged Accounts Receivable and Accounts Payable reports to enable the client to monitor who owes them money and who they owe money to.


Business planning, goal setting and support

In order to help you to identify where you want to get to and how to do that, we can assist you with:

  • Preparation of business plans.
  • Goal setting.
  • Proactive planning.
  • Cash flow budgets.
  • Regular meetings and accountability.

Ask us what we mean by "Now, Where, How".


Business results improvement

"What you can't measure, you can't manage".

We can assist you with not only measuring, but analysing and interpreting the results. This may involve:

  • Setting up reporting systems.
  • Financial statement preparation and analysis.
  • Interpretation of results.
  • Assisting with costing.
  • Improve staff productivity and accountability.
  • Reducing costs.


Cloud Services

We spoke above about our training in cloud accounting packages and helping you to choose what is right for you.

The cloud has a number of potential advantages for people. Tradies for example can carry a tablet with them and bill people from their tablet whilst still at the customer.

There are add on packages to do lots of things, for example to act as a point of sale system, to keep your stock records, to do your job costing, to plan your work flow to mention just a few.

In addition to helping set you up with a cloud based accounting system we can also help you to identify some of the very helpful add ons that are available. These may open up new possibilities for you and also save you time.

Here are some of our referral points:


Xero Online Accounting Software

Vend POS Software

Intuit - QuickBooks Online



Entity Structuring

It is important to set up the appropriate structures (e.g., trusts, companies, self-managed-superannuation fund etc.) at the outset so as to:

  • Avoid costs of changing it later which may include stamp duty, capital gains tax, professional fees etc.
  • Protect your assets from wrongful claims.
  • Legally and appropriately minimise taxation.
  • Protect against future problems in your deceased estate.

We are able to advise you on these matters and where needed instruct solicitors to attend to formation of necessary entities.


Estate Planning & Protection

We mentioned entity structuring above. This is also an important part of estate planning. Has anyone ever discussed Testamentary or Discretionary Trusts with you as part of your estate planning?

Are you sure that you have done all that you can to protect your assets against wrongful claims?

By working together with our referral solicitors we can ensure that you receive the appropriate advice.


Financial statements preparation

Most accountants will prepare financial statements in some form.

Did you know that there are some extra things to be aware of when preparing financial statements for some types of clients such as deceased estates, not for profit sector, self-managed superannuation funds, primary producers and others?

We have experience in these areas.

Where you are using packages such as Xero, we will prepare the financial statements within those programs unless there are specific reporting requirements that make it impractical to do so.

It is just as important to analyse the results and explain what they mean to you. We will do that.


Income tax and GST reporting

In addition to our other taxation services referred to elsewhere, we are of course able to prepare and electronically lodge all types of income tax, GST and PAYG returns for our clients.

Our expertise will be applied to obtain the best taxation result for you within the realms of the law.


Mentoring and Business Coaching

Brett has an extensive business background of many years, advising, as a Chartered Accountant, management in the business and the not for profit sectors. His skill in relating with people from all walks of life is a key to his successful work with and for clients.

Brett has an ability to see the big picture and to think outside the box, often times identifying the solution that is not obvious to other people, and then facilitating solutions gaining high levels of ownership and accountability.

His business coaching skills have been significantly enhanced since becoming accredited by Mentors and Business Coaches International, as an internationally accredited mentor business coach.

This professional accreditation has further enhanced his passion to facilitate people in organisations to help them to identify integrated business and life purposes to reach their full potential.

Brett can provide personal one on one executive coaching and team coaching. Where the need arises, he is able to bring a team of accredited mentors and business coaches into an organisation.

Please also refer to the following websites:


Planning in order to legally optimise your results

We have touched on this in some of the areas above.

Optimising results is not just about tax minimisation or profit improvement. It includes:

  • Profit improvement.
  • Work / Life balance.
  • Asset protection strategies.
  • After tax results.
  • Business saleability.


Self-Managed Superannuation Funds (SMSFs)

We don't believe that anyone should claim to have all the expertise "in house". It is important to know when to refer to other specialists. We are skilled in taxation and accounting matters pertaining to SMSFs and other legislation. Our advice to you will be crucial. However we may also involve other professionals in some areas of expertise in order to get the best possible result for you.



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