Before you decide on your business structure (sole trader, partnership, trust, company etc.) you need to consider asset protection, the potential admission of new partners and your eligibility for discount capital gains tax concessions.
As a business, it’s important to make sure that your accounts are in order – it’s critical to your financial health. Many companies choose to enlist the help of a qualified accountant, as this ensures all processes are carried out correctly and in compliance with any relevant bodies.
At Account Experts, we assist a wide range of different clients. We offer small business accounting services for sole traders and small to mid-sized businesses, as well as services to suit larger companies.
Make no mistake, starting or buying a business necessitates research, risk, passion and courage but the most important ingredient is planning. Clearly, the old saying, ‘people don’t plan to fail, they just fail to plan’ still applies.
We can assist new companies, as well as those who are looking to refine their current processes. Whether your company is big or small, our business accountants will work alongside your bookkeeper to set up or refine the structure of your books, choose the right accounting method, determine the list of accounts and ledger required, provide advice on preparing financial statements, general ledgers and also subsidiary ledgers.
When we set up your books, we ensure that they are compliant with all Australian accounting standards, the Account Experts Views, Statements of Accounting Concepts and the Corporations Law.
Contact Account Experts today on 1800 951819 for your business accounting needs.