OURÂ SERVICES
TAX & ACCOUNTING
The services you need to ensure you are complying with all of your ATO reporting requirements in a timely manner.
Tax Return & Financial Statement Preparation:
Review and reconciliation of your accounts and preparation of Annual Financial Statements and Tax Returns to ensure compliance with ATO reporting requirements for income tax.
SMSF Returns
Review and reconciliation of your accounts and preparation of Annual Financial Statements and Tax Returns to ensure compliance with ATO reporting requirements for income tax for your Self Managed Super Fund.
BAS & IAS Statements
Preparation of monthly, quarterly or annual BAS/IAS statements to ensure compliance with ATO reporting requirements for GST and PAYGW.
Fringe Benefits Tax Returns
Review of accounts and transactions with potential Fringe Benefits Tax (FBT) implications and if necessary, preparation of annual Fringe Benefits Tax Return to ensure compliance with the ATO reporting requirements.
Tax Planning
Review of your tax position prior to year end to provide visibility of your upcoming obligations and to allow adequate time to implement appropriate tax saving strategies.
TPAR Reporting
Preparation of the Taxable Payments Annual Report (TPAR) to comply with the ATO's requirement to report payments made to contractors during the year.
General Purpose Financial Reporting
Review and reconciliation of your accounts and preparation of General Purpose Financial Statements to ensure compliance with ASIC and for the distribution of financial information to shareholders.
BOOKKEEPING
Bank Reconciliation
Reconciliation of your bank accounts on your behalf through your accounting software, saving you the time and hassle of doing so yourself.
Invoicing & Billing
Working with you to create and send invoices for your customers, and record bills from suppliers into your accounting software to ensure accurate and efficient record keeping.
Maintaining your own books and accounts can be time consuming and confusing. Allow us to relieve you from the administrative burden and leave you with an up to date file that gives you the tools to make important business decisions.
Single Touch Payroll Compliance
Completion of single touch payroll submissions with the ATO on your behalf.
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Payroll
Preparation of your payroll on a regular basis through your accounting software ensuring accurate reporting of wages to your staff and to the ATO.
Superannuation Services
Lodgement of quarterly superannuation reporting with the ATO Small Business Clearing House or your preferred provider to ensure compliance with strict Superannuation Guarantee requirements.
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Payroll Tax
Preparation of submissions to the SRO for payroll tax on your behalf, ensuring accurate reporting is made.
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ACCOUNTING SOFTWARE (MYOB/XERO)
Accounting Software Setups and Conversions
Setting up your accounting software for use in your business, personally or to help manage an investment. Additionally, we can arrange the conversion from your current software to a different software.
With a wealth of experience working with a wide range of accounting platforms, JET can help you tackle the day-to-day maintenance of your software to ensure you are getting the most out of your accounting package, or help you transition to a software that compliments your business for years to come.
Managing Xero Subscription
Managing your Xero subscription on your behalf, arranging for subscription renewals, installing add-ons and changing packages.
Xero Training
We offer training in the practical use of Xero as an accounting software, to ensure you are using it correctly and to its full potential.
ASIC COMPLIANCE
ASIC Agent
Acting as ASIC agent on your behalf, managing your compliance requirements with ASIC by way of the annual company statement and the annual director's solvency resolution.
As your ASIC agent, we can manage the corporate secretarial requirements of your company, giving you piece of mind that you are remaining up to date with your ASIC obligations.
Company Detail Changes
Preparation of forms to be lodged with ASIC regarding any changes to be made to company details e.g. Shareholder changes, director changes, address updates.
Registered Office Use
For remote businesses who don't have a fixed office, this is a solution to ASIC's requirement for all company's to have a physical registered office address. Also includes facilitation of mail and other correspondence that may be delivered to a registered office.
VIRTUAL CFO
An effective finance function is critical to any thriving business. Whether you are looking to elevate your business but are not quite ready to have a full time finance team of your own, or if you are simply looking for the assurance of a third party advisor, our Virtual CFO offerings can provide an excellent solution to your needs.
Data Integrity Analysis
A thorough review of your accounting records and procedures to ensure data is being entered accurately, efficiently and in compliance with the accounting standards.
Board Meeting Attendance
Attendance at board meetings to represent and discuss the financial aspects of the business as well as provide any support, suggestions or recommendations as necessary.
Quarterly/Monthly Management Reporting
Regular preparation of financial reporting packs highlighting trends and providing analysis and interpretation of financial data.
Debtor/Creditor Analysis
Analysis of your receivables and payables to help identify key risks such as potential bad debts, risks to supply of credit or goods needed to do business, overall cashflow management and more.
Cashflow Reporting
Preparation of cashflow reports indicating how your profit translates into cash for your business over time.
Costing Analysis
Review and report on your key costs to provide the data necessary to optimise efficiency, improve profit margins and identify cost leakages.
Budgeting
Preparation of a Profit and Loss budget to map out the future of your business, identify revenue targets and potential cost saving strategies.
3-Way Forecasting
Preparation of 3-way forecast to provide total oversight of business Profit and Loss, Balance Sheet and Cash Flow for the year ahead. This is often looked upon favourably when applying for finance, if not a requirement from banks in meeting your ongoing covenants.
BUSINESS STRATEGY & PLANNING
Structuring & Restructuring
Helping you choose the right tax structure for your business or investment based on all of your personal circumstances and goals.
Business Setup
Accompanying you in navigating the various steps and considerations to be taken in getting a business off the ground and on the right track.
When tackling the big picture questions in your business, it is best not to go alone. Leverage our experience helping dozens of businesses achieve their long term goals by involving us in the critical planning of your business' future.
Developing a Strategic Plan
We facilitate an in depth discussion with the key players in your business to establish the long term strategy for your business. Whether you are looking to grow your business to new heights or exit gracefully, a strategic plan is essential to success.
Windup/Liquidation
Assistance with closing down a company or vesting a trust, taking all necessary steps to effectively wind up activities including facilitation of final tax returns.
Coaching
Running a business can be very difficult, particularly when you are doing so alone. With our wealth of experience working with a variety of businesses, we can provide our expertise along with suggestions and recommendations or simply be a sounding board to help you put your business on the path you want.