Pricing

Estimates and
Payment Methods

Learn More

// Estimates

We provide fixed cost

Estimates

When we provide you with a cost estimate for our services, you can trust that it will be clear and reliable.

Scope

We create detailed agreements outlining what you can expect from us and when. We typically update these agreements annually to ensure you only receive the services you need. Adjustments are only necessary if there are significant changes in the scope of work or if new tasks are required.

If your business requirements change during our engagement, our systems are flexible enough to accommodate these changes mid-term.

Payment Methods

Most of our services are recurring, and we bundle them together for monthly invoicing. This approach helps you maintain a steady cash flow.

However, any ad hoc work or one-off projects that fall outside your regular business cycle will be invoiced separately in full. This includes work not covered by the original scope agreement.

Invoices can be paid via Direct Debit, Credit Card, or Direct Transfer. We accept cash in person when the exact amount is provided.
For recurring monthly subscription payments, we use GoCardless. Invoices are issued, and payment is collected by direct debit 14 days after the invoice date.

// Our Services

Financial Statements and
Tax Returns

Our services encompass various factors that can significantly impact the cost and efficiency of our work. Some of these factors can be influenced by your actions to optimise services or reduce costs.

Business financial statements and tax returns are mainly influenced by the level of income turnover or the burn rate if your business is in the development phase. Other factors include the type of bookkeeping or accounting systems you use and the quality of the accounting records for the year.

The most efficient accounting system for our office is Xero. If you also use Xero, your pricing will be more competitive.

The quality of your accounting records matters because discrepancies or misclassified transactions can lead to additional work to prepare financial statements and tax returns. Factors to minimise your accounting fees:

All transaction records are complete for the reporting period.
Bank accounts, loans, and credit cards reconcile with bank statements at the start and end of the reporting period.
Application of transaction coding has been applied consistently throughout the period.
Transactions are coded to the correct accounts.
All assets and debts are all recorded in the bookkeeping.
There are minimal personal transactions in the business accounts.
Compliance records are completed in full and on time, such as motor vehicle logbooks.

We categorise record quality into four grades:

Incomplete, unreconciled, or no accounting system.
Needs more work.
Average – All transactions entered, and bank accounts are reconciled, but some adjustments are required.
Excellent.

An Excellent result comes with a 20% discount on the preparation of financial statements. Achieving an Excellent result can be done in two ways:

Have us manage your bookkeeping for the full year.
Run audit software on your Xero file at the end of the year and achieve a very low score.

Additional services, such as dividend preparation, Division 7A application, or loan agreements, can adjust prices incrementally based on specific requirements.

Throughout the year

BAS and IAS are primarily determined by the frequency of lodgements and the level of income turnover or burn rate for businesses in the development phase. Bookkeeping costs are influenced by the type of work, turnover, and the frequency/timeliness of bookkeeping and management reporting.

Payroll costs depend on the frequency of payroll, the number of employees and payroll complexity, such as unique payment conditions, will impact the cost and the software used.

The cost of payroll preparation can be reduced by going from weekly to fortnightly, altering working conditions to avoid complex parts of an award or having employment contracts prepared by a payroll legal professional to amend parts of the award to simplify processing and maintain compliance.

If we provide software as part of our service, it is priced the same as you could acquire it from the vendor.

For entity establishment and tax registrations, we offer fixed prices as these tasks are not significantly affected by other factors.

To receive an estimate at our initial value discovery meeting (which is free of charge), please complete this form.