Business Service Plans

Compliance is ideal for small businesses that require the basics and also receive assistance with your budgeting and tax planning matters.

• Cloud online accounting software ad-hoc support
• Annual financial statements reconciliations
• Annual meeting to review your business' performance (Business Health Check)
• All e-mails and telephone calls are included
• Preparation of year-end financial statements and resolutions
• IAS/BASs, GST reports lodged with the ATO
• Bookkeeping assistance and data entry
• Income tax reminders
• Income tax, GST, PAYGI and PAYGW management
• Preparation and lodgement with the ATO of income tax returns
• Checking your income tax assessments from the ATO
• Preparation of an annual budget and cash flow report
• Monthly business and tax e-newsletters
• Tax payment reminder service
• Before year-end tax planning service
• Year-end business, tax and budgeting advice

Management is great for small to medium-sized businesses. Profitwise Accountants Pty Ltd can help you improve your business’ performance and develop your business so you can focus on what you do best.

Includes everything from Compliance plus:

• Accounts Payable assistance
• Accounts Receivable assistance
• Reports on Accounts Payable & Accounts Receivable
• Rolling annual profit and cash flow plan
• Annual income tax plan
• Assistance with your business' KPIs
• Face to face annual business review
• FBT advice, returns; or FBT advice and Employee Reimbursements Declarations and calculations
• Regular review of your transactions and performance feedback
• Regular updates & advice on tax and business issues
• Six monthly business performance reports of your business' KPIs
• Six monthly business review meetings
• Six monthly budgeting advice
• Six monthly financial and management reports
• Company statutory (ASIC) and trust administration services

If you’re serious about growing your business then Virtual CFO is for you! Profitwise Accountants Pty Ltd will provide you with regular advice and guidance to enable your business to grow.

Includes everything from Compliance and Management plus:

• Rolling annual budget, profit and cash flow plan
• Annual Strategic Review
• Detailed performance graphs and reports
• Monitoring and reporting of budgets and cash flows
• Prospective monthly budgets and cash flow reports
• Quarterly business performance reports of your business' KPIs
• Quarterly business review meetings
• Quarterly budgeting advice
• Quarterly financial and management reports
• Strategy formulation and monitoring

Rental Properties Management is perfect for property investors. Let Profitwise Accountants Pty Ltd free up your time by taking care of the essentials to ensure your investment is tax-effective and compliant with income tax laws.

• Preparation of year-end financial statements and resolutions
• Preparation and lodgement with the ATO of income tax returns
• Income tax and budgeting advice
• Prospective monthly budgets and cash flow reports
• ATO audit management, if any
• PAYGI tax payment reminder service
• Monthly business and tax e-newsletters
• All e-mails and telephone calls are included
• Regular updates & advice on tax issues
• Cloud accounting program monthly subscription fee included
• Client access to the cloud accounting program

If you’re serious about growing your business then Business Valuation and Valuation Gap is for you! Profitwise Accountants Pty Ltd will provide you a comprehensive business valuation with regular advice and guidance to enable your business to grow ahead of your competitors.

Includes everything from Compliance, Management and Virtual CFO plus:

• Preparation of your business' valuation using sophisticated and real-world based valuation tools
• Preparation of your business' valuation gap report (comparison of your business' valuation to the best of similar businesses in Australia)
• Working with you over the year to close the business valuation gap
• Monthly business performance reports of your business' KPIs
• Monthly business review meetings
• Monthly budgeting advice
• Monthly financial and management reports