Our Services

Our Services

We offer a FREE health check for your accounting software and highlight how you can minimise your tax obligation.

low fixed
monthly fee

All of our services are packages in a low fixed monthly fee to ensure you do not hesitate to call, meet and email us as much as necessary. We promise to return all phone calls and emails within 24 hours.

We are also running a promotion in providing business owners with a Free Health check of their accounting software and meet with them to highlight how they can improve their bookkeeping, accounting and minimize their tax obligations.

services overview

Accounting and Bookkeeping

As your bookkeeper, we do complete record keeping of your day to day business transactions. Whether you are a Start Up Business, Sole Contractor, or an established Corporation, Latif Accounting provides Accounting and Bookkeeping Services to support the business in running as efficiently as possible.

Accounting and Bookkeeping Service Overview

  1. Gathering Documents

    We are using software such as Hubdoc and or Receiptbank. Our clients can then use their phone anytime anywhere to capture each documents. This documents may include but not limited to bills, receipts, credit adjustments, and bank statement. We will then process this documents so it got attached on each respective account transaction in accounting software using integrations.

  2. Reconciling Accounts

    After processing uploaded documents, account reconciliations will be done. This means that our clients will no longer have to worry about any undeclared expense, bill or statement as all of their financial documents will be uploaded on the leading cloud-based accounting programs such as Xero or QBO.

  3. Financial Reporting

    We send financial reports to our clients. Most business owners are too busy or don’t understand usual financial reports so we ensure that we are having a regular client-accountant meeting to give them the full understanding on their financial status.

Tax Compliance

Tax preparation and deadlines consume considerable amounts of time and effort to individuals and business owners. Tax management is a big challenge for most of us, that is why we are offering our services for individuals and businesses to relieve them from worrying about tax compliance.

We provide assistance in complying with your tax requirements and deadlines. Our service includes, but not limited to, Individual and business Income Tax Returns, BAS/IAS preparation and lodgment, PAYG, PAYG, FBT, Capital Gain Tax, etc.

Business Registration

We help business owners understand the benefits of each business structure and provide advice on what is best for them. Once an effective structure is agreed, Latif Accounting will register and complete the relevant minutes and declarations to implement the business structure.

Payroll

Running a profitable company might also need to grow the number of employee working for your business. As the number of employee grows, it becomes harder for a business owner to track all the time records, making sure they are getting correct payments and other entitlements, withholding correct PAYG, and providing payment summaries are provided. Being aware of this, we offer our payroll services and ensure that this comply with Fairwork Policies.

Latif Accounting is Single Touch Payroll Ready. Even if you have been keeping track over your books over pen or paper or by a spreadsheet, Latif Accounting will do all the grunt work and transfer you to the program that is best suited to your business requirements. That way, you will have more time to focus on your customers.

Self Managed Super Funds

Are you looking to manage your Super and control all of the investment decisions made on it? If so, you may be interested in setting up a Self-Managed Super Fund. Our services for SMSF include SMSF Setup and Administration and SMSF Accounting and Tax Compliance.