Loading...

Please wait ...

Expanse Accounting logo logo
E

Expanse Accounting

Multiple locations

(1)

About

We strive to assist small businesses to better understand their financial picture and making better informed decisions by utilising new technologies to reduce time and cost.

3 hires on Bark

Reviews (1)

Leave a review
5/5

1 customer review

Loading...
verified
6 December 2021

Business Accounting Services

Yolande has been fantastic answered my query promptly and has an understanding of our business needs.

Q&As

Accounting system setup
Bookkeeping
Budgeting and Cash Flow Forecasting
Internal Control Advice
Financial Reporting

Hiring the right accountant from the get go can safe you a lot of time and money. Accountants these days do more than just the accounts they can be a sounding board for your business ideas and your company's vision. Partnering with someone that understands your business and can help you identify the risks that maybe lurking is vital.

I love business and meeting new people, there are so many different ways to do business. But what I love most is being able to add value to my clients, if only be it a small control procedure that can safe them time.

I have wanted to start my own accounting practice since I started my journey as an accountant or albeit admin clerk at an accounting practice. I finally jumped and started my own firm in the beginning of this year as I needed more control over when and where I can meet clients.

There is a lot of brilliant people out there and it is difficult to say that you are the best, therefore I would rather say I believe that you should have a good relationship with your accountant and need to be comfortable to ask questions and not feel silly. I love having those conversations with my clients and teaching them what I know.

Services

Setting up your accounting system in the correct manner can save you a lot of time and effort later on and will ensure that your accounting records reflects an accurate picture of your business’s financial position.

Our Account setup services include the following

Creating Chart of accounts
Creating Clients and Suppliers
Importing and allocating historical data
Setting up rules from the historical data
Connecting bank accounts
Class and projects setup
Creating products and services

Financial Reporting requirements changes regularly and staying on top of those changes can be daunting.

Here at expanse we can assist you in meeting your reporting requirements and staying up to date with the amended accounting standards.

The Australian Accounting Standards Board have approved AASB 2020-2 – the removal of Special Purpose Financial Statements for certain for profit private sector entities.

There has also been changes to the Australian Financial Reporting Framework for the Not-for-profit sector.

Cash flow is a very important part of every business.

We will assist you in preparing a cash flow forecast for the next 12 months.

We also believe that this should not be a once off document created in the beginning of the year and disregarded. As part of our monthly bookkeeping process we agree actuals to budgets and update the cash flow to ensure that everything is still going according to plan.

If you would like us to help you setup a budget and cash flow forecast for your business please contact us for a free consultation.

nternal control processes are one of the areas we are very passionate about. We believe that the right controls can simplify your life and reduce unnecessary risks.

Even if your business is small there is value in ensuring that you are implementing relevant controls.

Contact us if you would like to know more about internal controls that can be applied to your business.

Our monthly bookkeeping services include the following;

Setting up your accounts
Monthly processing of your transactions
On call support
End of month process
Bank Reconciliations
Balance sheet reconciliations
Fixed Asset Register Maintenance
Agree budget to actuals and report on differences
Monthly business reports
Profit and loss
Balance sheet
Customer and Supplier Analysis
Advice on process improvements
End of year support
We support QuickBooks, Xero, MYOB, Reckon and more.

Not all business needs are the same when it comes to bookkeeping and accounting. We have experience with the specific needs of the following business types;

Legal Practitioner Trust Account Maintenance
Not-for-profit Organisations
Real estate Agent Trust Account Maintenance and Outgoings Statement preparation
Service Based Businesses