My Accounts is an accounting firm focused solely on internal small business accounting –
we are your bookkeeper to CFO. Proficient in a range of small business accounting software, all of
our bookkeepers are actually full-time accountants and also have the support of experienced CPA
and CA qualified Team Leaders.
We work with small businesses and Not for Profits to tailor solutions based on their specific needs. We understand
that every business is different, so our bookkeeping and CFO packages are tailored to your specific business needs.
All work is performed by our university degree qualified team using special checklists and working under the
supervision of qualified accountants. Work can be conducted at either your place or ours.
We implement efficient ongoing bookkeeping solutions to help keep you on track. We can help you manage your cash flow so you have funds when you need them. We can help forecast income and expenditure and regularly check to see if your business is operating as planned. While some of our clients still prefer an hourly rate, we try to provide all of our clients with fixed fees for additional peace of mind.
We take the stress out of payroll. We know payroll management can be very difficult to stay on top of, with tax rates changing every year and all the complexities of leave accruals, entitlements, superannuation and long service leave making things even harder.
Completion, review and lodgement of your business BAS is a standard part of our Bookkeeping packages. We will make sure your ATO deadlines are met on time, every time. Being BAS Agents & accountants we know what the ATO needs and when; and we make sure your deadlines are met every time.
At My Accounts we have extensive experience using a wide variety of accounting software packages. We can give you advice on which software is right for you, help set the software up (or transfer your existing data if required). We can train you and your staff on your new system too, and afterwards can help you with your bookkeeping needs and any questions that come up about the software, if you like.
We created our Virtual CFO service because we believe that SMEs and not-for-profits have the best chance of meeting their goals when they’re armed with high level financial information and insights. For a fixed monthly fee, our Virtual CFO service gives you access to your own CFO, for a fraction of the price that you’d pay to have one in-house.
This service is particularly useful for international businesses and those who just don’t want the headache of hiring and taking responsibility for the financial operations of their Australian business. We can manage all your accounts payable, accounts receivable, and payroll processing for you. Over the years we've streamlined our systems to ensure that all of these functions operate as smoothly as possible, with minimal time and input required on your part.
We are locals! We don’t send any of our work off-shore. We believe that if a task is simple enough to send off shore, then it is simple enough to use technology to achieve an even greater efficiency.
We are a very multicultural office, we have people from all corners of the globe: UK, Europe, Americas, India, China and Australia but they all have one thing in common – the ability to communicate clearly and a passion for providing the best possible service.
Our team leaders are qualified accountants who spilt their time between working on CFO Level tasks at our clients and managing a team of 5-8 Accountants. They have a range of backgrounds in professional accounting, but share a common passion of helping business owners manage the many financial aspects of their business.
All of our Bookkeepers are actually Accountants who have completed university and are passionate about a career in accounting. They are all full-time employees – this is fundamental to delivering a professional grade service. Most have several years’ experience and are pursuing further study for their CPA or CA accounting qualification.
In most cases, we use what you use. This means there is no downtime in learning a new program. It also puts us in a good position to be able to recommend what software may be most appropriate for your business. Some of our favourite Accounting Programs that we use include:
We define success as ‘making your job easier’. Imagine how easy your job would be if all your clients had clean accounts and reconciled Balance Sheets at the end of the year. My Accounts is the professional alternative to having a freelancer manage the regular processing and reporting of your clients accounting information.
You’ll notice that we don’t do any Income Tax or Financial Planning. We just focus on what we do best. We encourage your clients to talk with you about their business and tax planning. The only tax we manage for them is their BAS and Payroll Tax.
We are different to most bookkeepers: We love working with accountants; and accountants love working with us.