Accounting & Financial Management Services
Distinct Business Solutions – Accounting with a Difference
At Distinct Business Solutions we provide accounting services in the Wollongong, Illawarra, Shellharbour & South Coast region of NSW as well as virtual CFO services throughout Australia
We understand that every individual and business is unique and has unique needs.
Whether you are a start up on a budget or an established business looking to grow Distinct Business Solutions can help.
Individual Services from Distinct Business Solutions
- Distinct Business Solutions can provide a range of accounting services for individuals and families including:
- Individual Income Tax Returns
- Individual Cashflow/budget
- Salary Sacrifice Calculations & FBT implications
- Balance Sheet ’Health Check’ Tax Planning
- Tax Planning
Accounting & Financial Management
- Daily Bookkeeping Tasks
- Payroll including PAYG Summaries and Superannuation payments
- Monthly reconciliations and close off
- Monthly reports including:
- Profit & Loss
- Balance sheet
- Variance Analysis
- Debtors & Creditors
- Budgeting & Forecasting
- Asset Management
- Develop and direct the implementation of strategic business and operational plans, projects, programs and systems
- Oversee the approval and processing of revenue, expenditure, department budgets, payroll updates, ledger, and account maintenance and data entry
- Create, coordinate, and evaluate the financial programs and supporting information systems
- Structuring
- Interim & Full year Financial Statements
- Staff Training
Financial Managment
With accurate and in-depth financial data on hand, you can be confident that you are equipped to make complex business decisions about your business. Understanding your business’ financial position, establishing achievable goals and understanding how you are progressing with your goals on a monthly basis is the Key to Success. Specialised expertise from the qualified professionals at Distinct Business Solutions will help to ensure your business reaches it full potential.
Business Advisory
Our Business Advisory services are all about helping clients shift their thinking from focusing on past accounting data alone, to that of forward thinking, including goal setting, strategic managements, operational systems and processes and leadership. Combining the forward thinking activities within our business advisory services with those of our financial management and tax compliance divisions, will ensure the growth and prosperity and longevity of your business into the future.
Tax Compliance
Distinct Business Solutions provides a range of personal accounting and taxation services for individuals and businesses. We take the hassle out of organising and planning your financial needs, so you are free to focus on the core activities of your business, or simply spending more time enjoying your life while knowing that you’re being looked after.
Our team are on hand to provide superior customer service and work with you to achieve your personal and financial goals. We will discuss your accounting and taxation needs and present our solutions to you in ‘plain English’.
We review every client and the complexity of their requirements individually to find a service that suits their needs
Packages
Below are our 4 standard packages, however, we can work with you to create your own suite of services based on your needs and budget.
Individual Tax Compliance
Ideal for all individual clients whether their return includes a PAYG summary and interest, to clients with investment properties and investments of varying complexity
- Income Tax Return
- Income Tax planning with investments.
Basic Business Compliance
Small business clients wanting to ensure they are fully compliant with Australian legal, statutory and regulatory bodies and want assistance with developing strategies to legally reduce tax
- Annual Tax Return
- Annual Financial Statements
- Monthly and Quarterly Business Activity Statements
- Fringe Benefits Tax Return
- Tax Planning Session
- Income Tax Return
Business Plus
Clients wanting to monitor and grow their business, understand their financials and be able to make informed decisions based on them. It provides a great way to build your business and head towards success.
- Monthly Performance Reviews
- Measurement and monitoring of your monthly Budgets and KPI’s
- Assisting with strategies for business growth and profitability
- Providing tools & techniques to improve all areas of your business
Business Ultimate
Clients wanting to fully outsource their finance function
- All Services included in Basic Business Plus package
PLUS
- Daily Bookkeeping Tasks
- Payroll
- Accounts payable & Receivable
- Monthly reconciliations and close off
- Monthly reports
- Variance Analysis
- Budgeting & Forecasting
- Asset Management