Albany Accountants | Accountants Albany WA

There are several different types of accountants but, rather than giving you titles, it’s better than say that a business needs an accountant that understands taxation, management accounting and an element of personal finance.

An accountant like this will help you need your obligations, get the most out of your business and set yourself up personally.

We do this each day for our clients at the Accounting Centre with our professional accounting services.

If you’re seeking someone to help you with all aspects of your business’s finances then reach out to The Accounting Centre for a complimentary first appointment to learn how we can help you.

An accountant is only an “expense” or “expensive” if they don’t provide value to your business.

An accountant can very easily be an investment because if they can save you money on your taxes (that you would have paid if you did this task yourself or if it was lodges in a certain way) in excess of the fee they charge then you have made money.

An accountant that does this is an investment, not an expense and this is what the Albany Accountants at The Accounting Centre aim to do each day. 

It would be wise to have an accountant you consult if you’re in business however there are some situations that do not require an accountant.

If you have a hobby business that takes cash payments and all transactions are under $75 and you earn less than $300 a week then it is unlikely you will need an accountant as this “business” has no tax obligations* (General Advice only)

There is a range of accounting hourly rates for accountants in Australia but they are typically between $150 – $500 an hour. The actual rate does depend on the accountant themselves and the matter they are working on. For example, a business audit, detailed financial analysis & strategic business financial planning would be at a higher hourly rate than simple account reconciliation. The reason for this is the different levels of technical expertise required to execute these services correctly.

Of course you can. 

You can do business without an Accountant but there are going to be financial decisions that you make as you progress and tax implications on the back of your business.

It would be wise to get the financial guidance of an accountant where necessary.

What amount of help do you need personally?

We’re not sure.

The first step to finding out what your options might be is to reach out to The Accounting Centre for a complementary first appointment with an experienced Albany Accountant.

It would be wise to speak to someone who has a deep understanding of finance and the Australian taxation system if you’re self employed.

It depends.

There are really 2 pricing models.

– Fixed Cost For Service
– Hourly Rate

At the Accounting Centre we don’t have a single fixed cost to do taxes because it depends on the amount of work to be performed.

For example, a sole trader earning under $75 000 a year is very different to a $10+ million cooperation’s with multiple shareholders and trusts involved. 

Yes, the Albany Accountants at The Accounting Centre can take care of payrole.

That being said, it will depends on your unique situation so the first step if you’re looking for payrole assistance is the request a complementary first appointment. 

While accountants have a  just good understanding of money they do not handle their clients money like the business owner or a bank would.

Of course, they handle it in their personal lives but so does everyone else. 

Sometimes. It depends on the Accountant and the nature of your engagement with the Accountant.

At the Accounting Centre we offer Business Advisory services which is business advice. 

A book keeper handles the “day to day” of your finances and managing your books.

Your accountant looks at the big picture of your finances, is more strategic in their advice (how to manage the day to day & structures) and handles your taxation / compliance obligations. 

So what do you need help with? 

Keeping on top of transaction reconciliation and managing records? Or is it taxation, strategy and the finances of your business overall? 

While you can’t be an “accountant” without the needed qualifications and certifications you can do a part of what an accountant does for businesses which is lodging your own tax.

Be warned though – the ATO expects you will do your taxes correctly so if you do want to handle your taxes yourself it could still be wise to speak to an accountant for some guidance or a review. 

If you’re a business owner that is looking to get more control, clarity and growth in their business – then you should work with our specialised Albany Accountants at The Accounting Centre because this is what we focus on.

We have been helping businesses almost exclusively for the past 7 years and have decades of experience/knowledge on staff that we can draw upon to help you. 

We could write all day here but, to save both of us time, we have decided to offer a complementary initial appointment where you are more then welcome to speak to one of our team and ask them this question. 

There is no cost or risk to you and if you feel that we’re not the right fit then simply choose not to proceed as this consultation is no-obligation.

If you would like to take up this offer, please click the green button on our website.