Business Services

Business Services

At Alands Accountants we aim to provide you with advice when your business needs it, not just when you ask for it. We help you manage every aspect of your business and because we establish a one-on-one relationship with each of our clients, our advice is tailor-made for your business. We've also developed our traditional auditing and accounting practices into innovative client-focused services. Our flexibility and adaptability ensure we help you get the best results. 



Listed below are the services we offer. This list is by no means exhaustive, and our team of friendly staff is more than happy to talk about any services not listed here that you might require


Accounting & Bookkeeping Services

Modern business demands up to date accurate financial information.


We can relieve you and your staff of an enormous burden by taking care of all your accounting and bookkeeping needs, including the preparation of your annual accounts and periodic management accounts for tax, business appraisal and planning purposes.


Accounting and bookkeeping services for small to medium sized businesses include;


  • Compile client records and enter data to the client preferred record keeping system
  • Preparation of Financial Statements
  • Preparation of Special Purpose Reports
  • Assistance with implementing and maintaining computer accounting programs



Call us today to discuss your requirements with you and provide you with tailored information and constructive advice on a regular basis.



Budgeting

A good budget is a necessity in a good business plan. It is one of the best business tools you can have, enabling you to set financial targets and measure your performance.


In addition to goal-setting value, budgets will often improve your chances of acquiring funding. Financiers often require budgets as a prerequisite for funding approval.


The techniques we utilise to form financial projections enable you to consider future scenarios and provide you with goals to strive for in your business. There are many types of budgets. We can help you design the right budget for your requirements.



Let us show you how a budget can provide feedback that helps you prepare for the future of your business!



Cashflow Forecasting

Are you holding too much inventory? Is this the right time to expand your business? Are you going to have enough cash to pay all your expenses every month? Surviving in today's business climate requires you to spend more time working on your business than in it.


We can provide you with accurate, timely, informative cash flow forecasting reports that enable you to:


  • Realise and understand when cash is available
  • Plan and prepare for expansion, stock control, and taxes
  • Analyse and anticipate key expenses



Equipped with this information, we'll work with you to develop action strategies that improve your bottom line.



Financing

A wide range of financing options exist each with their pros and cons. At Alands we know the financial market and have the experience to assist you in securing the best financing option for your personal and business goals. Our experience in the market means we can also structure debt upon acquisition to maximise tax advantages.


Let our experienced team explore the best financing options with you to get your business closer to its goals!


Management Consulting

Our aim is to ensure your business achieves the potential it is capable of. We have the know-how and experience to offer advice that helps you run your business more effectively.


We are practiced in acting as a sounding board for management, bringing years of experience in business growth to the relationship. We can identify key performance indicators in your business, through which you will see positive changes occurring with the help of our professional consultants.


We check that your business is as competitive, focused, and profitable as it can be, then offer flexible strategies, designed to address the issues affecting your business.



Let us give your business a health check! Take the practical advice we can provide to ensure the ongoing success of your venture.



Setup and Starting in Business

Let us help get your business idea moving in the right direction.


If you have a new business opportunity but don't have expertise in the legal or financial aspects of creating a new business, we can help you:



  • Decide on the most appropriate tax structure for your business - sole trader, partnership, trust or company
  • Prepare a business plan, cashflow projections, budgets and trading forecasts
  • Assess your finance requirements, advise on the best financing arrangements and prepare the necessary proposals
  • Establish a good working relationship with your bank
  • Complete the required business registrations with the ATO
  • Complete registration procedures with the Australian Securities and Investments Commission (ASIC)
  • Deal with company secretarial issues and compliance
  • Decide on an appropriate record keeping system for your internal use and for complying with statutory requirements
  • To ensure that your record keeping system is operating effectively and train you in the capabilities of each system.



Software Solutions

Let us help you make the right choice of accounting software. A decent accounting system will help you keep track of your cash flow and let you complete GST returns easily.



Choosing the right system for your business can be difficult. After all, there are over sixty accounting packages available in Australia. Here at Alands we invest considerable resources into ongoing staff training to ensure we can recommend the best accounting solution for your business.

We work with Agrimaster, MYOB, Phoenix, QuickBooks, Reckon and Xero software.


Tax Planning

Alands specialise in providing proactive tax planning and advice for all our clients. We believe you need to be aware of future tax liabilities, educated in managing your taxation affairs, and be aware of available options to minimise your tax obligations.


Unfortunately, the tax legislation is a very complicated topic. With good advice and professional help throughout your working life, you can proactively manage and minimise your tax obligations.


For employees, there are a range of strategies available including negative gearing into property or shares, salary sacrificing, income splitting and maximising work related deductions.



For businesses, strategies include choosing the right business structure, splitting your income, superannuation, maximising your business deductions, and tax rate management.


Taxation & GST Compliance

It is essential your Income Tax Returns and Business Activity Statements are completed accurately and lodged on time. With many complex rules surrounding areas such as capital gains, tax deductions, negative gearing, types of structures and superannuation, most Australians need help meeting their tax obligations.


At Alands we offer a full range of taxation services. Our proactive approach ensures we deliver a consistent service and build solid relationships with our clients.


Alands can prepare income tax returns for individuals, partnerships, trusts, companies and superannuation funds.


We can also prepare your monthly, quarterly or annual BAS and Instalment Activity Statements, or teach you how to prepare these yourself.



Our accounting staff all have completed degrees, along with many being Chartered Accountants or Certified Practising Accountants. What this means to you is that you have highly trained and highly skilled accountants working on your taxation or GST affairs, making sure that you pay the least amount of tax or GST as legally possible.



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