We are so confident in our professional standards that we provide a 30-day money back guarantee when you sign up to one of our bookkeeping and accounting packages. Furthermore, you receive a 'COMPLIMENTARY REVIEW of your Business and Personal finances' (at your request)
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1 customer review
Firefly Coaching
I invested my time and money from my business into ....Fabian and Profit Services. He made things super easy and simple. I was able to increase my cash flow and put in strategies that he brought to the table.... More...
What kind of accounting services do you provide?
We provide a variety of accounting and bookkeeping services from basic bookkeeping, payroll, IAS / BAS lodgement, budgeting & forecasting, cash flow management and CFO services.
We also have a sister company that can provide lending solutions to business owners for personal or business reasons and we have strategic partners that can help business owners in other areas (e.g marketing, tax restructuring etc).
Why is it so important for businesses to hire a great accountant?
An accountant is the back bone to any business. In the end it comes down to the numbers. Having the right professional which is proactive can help you foresee any bumps in the road ahead and put an action plan to minimise or eliminate the future challenges.
What do you love most about your job?
I love working with motivated and driven business owners. Although they will challenge me (and so they should), it gives me great satisfaction as these are the business owners that generally have great success. Seeing a small business develop and grow provides great personal satisfaction to me as it is small business that drives the economy.
What inspired you to start your own business?
I was working for corporate for the first 15 years of my life and although I was passionate about accounting but I was limited in helping only one form at a time. Starting my own business allowed me to help numerous businesses simultaneously.
Why should our clients choose you?
Firstly, we are so confident in our professional standards that I have a 30-day money back guarantee which eliminates the financial risk to business owners. Secondly, I have been in the profession for over 20 years and have developed tested and proven strategies that work for any business.
Can you provide your services online or remotely? If so, please add details.
If you reside in Sydney we can offer services where we come to you. Alternatively, as we use cloud-based solutions, we can provide services from anywhere as long as there is an internet connection.
What changes have you made to keep your customers safe from Covid-19?
We offer remote services to eliminate contact. Our protocol is that is any employee has contracts covid, they are not to attend any client for a minimum of 7 days or until a RAT test is negative. All our equipment is constantly cleaned.
Bookkeeping
Bookkeeping Services for Small Business
In today's fast-paced business world, keeping accurate and up-to-date financial records is crucial for success. However, managing finances can be a daunting task, especially for small business owners juggling multiple responsibilities. That's where our expert bookkeeping service comes in.
At Profit Services, we take pride in being your reliable ally in the world of numbers. As a XERO bookkeeper and MYOB bookkeeper, two of the leading accounting software platforms, we bring a wealth of expertise. This means we are not just proficient but experts in navigating these systems, guaranteeing accuracy, efficiency, and compliance.
We understand the unique financial challenges faced by businesses of all sizes. Our team of experienced bookkeepers and CPA accountants are dedicated to providing you with tailored solutions that meet your specific needs and help you achieve your financial business goals.
Services Include:
Bank Reconciliations, Accounts Payable & Receivable, Payroll, BAS Lodgement, Profit & Loss Reporting
Payroll Services
Running a small business presents numerous challenges, particularly in handling taxes and payroll. With tax regulations evolving annually, it’s tough for small business owners to stay updated. Not to mention, the monthly payroll process can feel overwhelming. That’s where the team at Profit Services step in.
Our team of seasoned CPA accountants and bookkeepers understand the complexities of payroll management. We ensure your team receives accurate compensation on time, regardless of your business’ size. With years of expertise under our belt, we’re committed to delivering top-notch payroll services tailored to your needs.
Services include:
Online payroll processing as required, STP compliance, Superannuation, Workers compensation, ATO compliance and employee leave management
Cash Flow Management
Your company's financial health and budgeting strategies are pivotal for success. Focusing on planning for the future is important rather than just analysing the past. By looking ahead, you can anticipate financial trends and effectively steer your company in the right direction. This proactive approach will minimise the stress associated with financial obligations like BAS and income tax payments, creditor payments, and payroll (including superannuation).
Taking a forward-looking approach also enables you to set and achieve business objectives. To get started on this journey, consider reaching out to Profit Services, a trusted cash flow management provider that has supported numerous small and medium-sized businesses like yours with various financial tasks. Let us handle the numbers so you can concentrate on revenue growth.
Services Include:
Cash flow forecasting and planning, Accounts receivables & payables management and Financial Risk Management
Budgeting & Forecasting
As a small business owner in Australia, navigating the financial landscape can be both challenging and crucial to your success. At Profit Services, we understand the significance of having a clear, realistic budget, and forecast tailored to your business needs. These tools not only help you plan for the future but also empower you to make informed financial decisions and manage cash flow effectively.
Creating and maintaining a robust budget and forecast requires time, expertise, and attention to detail – resources that may be limited for many business owners. That's where Profit Services comes in. We are not just accountants; we’re your strategic partners in financial management and growth.
Our team of expert financial analysts and advisors are dedicated to providing you with cutting-edge forecasting models and real-time budgeting solutions. We go beyond traditional accounting services, offering proactive insights and actionable recommendations to drive your business forward.
Services Include:
Profit & Loss Analysis, Cash Flow Management, Balance Sheet Evaluation, Financial Model Development, Reporting * Analysis, KPI Measurement
CFO Services
At Profit Services, we understand the importance of having a strong financial backbone for your business. That’s why we offer comprehensive CFO services designed to help you navigate the complex world of finance while maximising profitability.
As a full-service financial firm, we go beyond the traditional consulting CFO services by offering you a range of solutions, including bookkeeping, payroll management, business advisory services, and virtual CFO support services.
Services Include:
Budgeting & Forecasting, Cash Flow Management, Business Performance Meetings, Management & Board Reporting, Financial Projection & Planning, Accounts Team & Training, Boost Efficiency, Operations & Processes