How We Help

At Zenith Accounts we can help you to manage your financial records and processes regardless of what stage you are at in your business journey. Below are listed a few common scenarios that we have helped our clients to navigate:

SCENARIO 1: 

You’ve just established a new business, or are about to do so

Congratulations on becoming your own boss! No doubt you are hard at work – perhaps somewhat frustrated – with all the myriad tasks involved in running your business: negotiating government regulations, business name registration, ABN, GST & withholding, not to mention local and other government requirements relating to everything from signage to health inspections.

At Zenith Accounts we understand how complicated it all can be – and that bookkeeping is currently probably the last thing on your list. But the good news is that this is the ideal time to establish a relationship with a quality bookkeeping service provider. From Day One, and at minimal cost, you can have your accounting system set up, your payroll established and other financial systems in place – ready to ‘switch on’ when the wheels hit the road.

Having Zenith Accounts set up these systems early means you have one less thing to worry about. You will avoid the mess many other businesses find themselves in: incomplete data entry, employees improperly paid, overdue BAS returns, and no real idea of how their business is traveling.

A little money upfront now has the potential to save you a fortune down the track. Take action today by contacting Zenith Accounts for a free initial no-obligation chat about how we can help give your new business the best possible start in life and avoid a slide into the scenarios below.

SCENARIO 2:

Your business has been operating for a while, and you or your spouse has been keeping the books and dealing with Tax Office requirements yourself (possibly at night or weekends) at the expense of leisure time or time spent working on improving your business.

Your expertise lies in providing the products and services your business produces, rather than financial recording keeping. Consequently, you are currently spending more time on these tasks than an expert would and doing it less well.

Time to get your life back. This is the era of outsourcing. Everyday we rely on specialists to service our cars, fix our plumbing, mow our lawns, clean and paint our houses, even change our light bulbs. We do this either because these specialists can do the jobs more efficiently than us, or because it saves us time to spend on more enjoyable or valuable activities.

So why not get some time back from doing your own account keeping, and return it to more productive business time or much needed down-time to spend relaxing with family or enjoying your leisure activities?

SCENARIO 3:

For whatever reason, things have got out of control and your books are a in a bit of a mess. You have several outstanding BAS returns and you can’t get reliable information from your accounting system.

Don’t panic, things can be put right. Sometimes your current accounting data is worth salvaging. On the other hand, sometimes it is easier to ‘draw a line in the sand’– for instance at the end of a financial year – and, after determining as best as possible the correct opening balances of your balance sheet accounts, set up a new set of books.

Zenith Accounts can help you make the right decision to get back on track. A little money spent now may save you a lot of ongoing frustration – and maybe even your business itself.

Regardless of where you are today, Zenith Accounts is well qualified to help you manage your business by doing those account keeping tasks you shouldn’t have to worry about.