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Connect Accounting Pty Ltd

Based on 0 reviews |
Accounting Outsourcing firm based in Australia.

155 The Entrance Road, Erina Business Centre

Erina, NSW 2250

Telephone Click to view the phone number
Email Click to view the email address Website: http://www.connectaccounting....
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Connect Accounting Australia provides cost effective and secure General compliance and Super Fund accounting services to Australian accounting, Bookkeeping, financial service and tax practices.

 

Connect Accounting undertakes the full range of accounting and superannuation compliance tasks, including:

  • Accounting and taxation compliance work for companies, trusts, partnerships,sole traders and individuals
  • BAS, interim accounts and other regular accounting functions for small and medium sized business.
  • Self-managed superannuation funds
  • Preparation of working papers and files for the audit of Self Managed superannuation funds.
  • Work papers.
Monday
09:00 am - 05:30 pm
Tuesday
09:00 am - 05:30 pm
Wednesday
09:00 am - 05:30 pm
Thursday
09:00 am - 05:30 pm
Friday
09:00 am - 05:30 pm
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Location Map
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    Financial Accounting and Taxation

    Financial accounting is a service in which we treat money as a means of measuring economic performance instead of a production aspect. It includes gathering the entire financial data of a company in order to draft reports like balance and income sheet to assist the business’s management, investors, suppliers and tax authorities. In short, its about putting the entire money flow in terms of both income and expenses of a company on a sheet of paper, for future planning and record purposes.



     



    At Connect Accounting we incorporate the best available softwares and tools for providing our clients with absolutely accurate and well documented finance and taxation results. Our output includes the three main financial statements which are the income statement, balance sheet, and statement of cashflows. These statements record the same daily accounting transactions occurring in a business, but each representing different sets of data. Here is a brief overview:





    • Income statement: The income statement lists all forms of income into a business. You can use this sheet to analyze that if a business is under profit or loss during that financial period. All the company’s returns, expenses, profits, and losses is included in the respective financial statement.

    • Balance sheet: A company’s balance sheet expresses the fitness of a business from the day it initiated its affairs to the specific date of the balance sheet report. Thus, it demonstrates the company’s economic stand. This sheet enlists all the assets (like cash and reserve), liabilities (needs of those assets), and capital (the difference between assets and liabilities, which reflects the business’s net investments).

    • Statement of cash flows: The statement of cash flows explains how a company imports and expends its capital. Venture capitalist and the possible creditors can then utilize this data to estimate that whether a business has adequate cash flow to pay proceeds to its stakeholders or pay back mortgages.

    At Connect Accounting, we follow a well established process and tools for the process of documentation, compilation and reporting of the innumerable business undertakings, in order to present an accurate impression of its monetary stand and performance. Our prime goal through this service is to gather your business data (including account stats and other revenues) and then encase your company’s overall performance over that particular duration of time. Representing you a ready to analyze document to assist you to plan and program your and your business’s growth and stability. Thus you can well realize the significance of having an accurate finance statement of the business you own and work for.



     



     

Accounting Outsourcing to India

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