Do you have a business and need an accountant/bookkeeper so you can do what you know best?
- Reliable Service
- Quick Response Times
- Proactive Approach
- Outside Hours Access
- Experienced Staff.Let us do the hard work so you can concentrate on what you know best.
Own a business and looking for someone to look after your accounting?
With 50 years of combined team experience we’ve been helping individuals, families and businesses with their accounts and finances. We are one of the best Tax Accounting, Bookkeeping and CFO services in Melbourne. We focus on delivering highly productive, low risk, efficient payroll, accounting and bookkeeping services.
We take a comprehensive approach to cater to your business. Be it a startup or an established business, our business advisory and tax accounting services provide solutions to your financial queries. At Premier One, we offer much more than just accounting. With a one -on- one personalised meeting, we understand your business and put forward our suggestions to bring a difference to it.
Premier One is a CPA practice with a team of highly qualified accountants. To make use of the best bookkeeping, CFO, compliance and tax accounting services in Melbourne, call us at 03 8761 9022.
No better compliment than the words of our Happy Clients
WHAT WE OFFER
Professional Services Tailored to Your Needs
★ Experienced CPA Accountants
★ Business Tax
★ Personal Tax
★ Investment Property Tax
Xero/MYOB Accountright Bookkeeping
We offer Xero & MYOB Accountright bookkeeping services with the aim of making your bookkeeping easier. Monitoring your profitability and cash flow on a monthly basis is important for every business, no matter the size.
★ Cash Flow forecasting & Budgeting
★ Monthly Management Accounting Board Reports
★ Systems, Processes and Procedures review
★ Independent review of your In House accounting/bookkeeping
★ Profit and Cash Flow Reporting & Recommendations
★ Business Financial Health Check-up.
FOR SMALL BUSINESS OWNERS
SAVED ON TAXES
WHY CHOOSE US
Building Trust through Excellence
Qualified & Experienced Accountants
All our staff are highly qualified & well experienced, all working under supervision and guidance of CPAs with extensive industry experience.
Reasonable and Transparent Fees
We strive to reduce your tax bill, increase profit margins and scale your business, all covered under a budget friendly fee.
Personal Attention That Produces Results
We are your trusted partner in success, offering full range of specialized services with individual attention that you deserve.
Valued Relationships with Our Clients
We always build a trusting and valuable relationship with our clients, ensuring years long association & service satisfaction.
Unlimited Email and Phone Support
We offer unlimited phone & email support to our clients ensuring smooth running of their business functions at all times.
Proven & Robust Software Systems
Our standardized processes and efficient Project Management system helps to communicate with you clearly and efficiently.
Frequently Asked Questions
Why hire a virtual bookkeeper for my small business?
Since most small businesses can’t afford to hire a full-time accountant, virtual bookkeeping is a good alternative. A certified accountant will oversee all essential bookkeeping tasks, and file your taxes, for a much more affordable price.
What does a bookkeeper do for a small business?
A small business bookkeeper is able to take care of the financial aspects of a small business that a busy Small Business Owner would usually have to handle, despite it often not being in their area of expertise.
What are the possible challenges an Employer Could face concerning the Payroll?
• Initial setting up and configuration of the employees with the proper employment classification and entitlements • Pro-rata calculations for a new start and quitting/resigning/terminated employees • Answering the technical queries from the employees • Calculation of the complex payroll tax obligations and potential penalties if not reported correctly. • Tracking of the leave entitlements, especially the Long Service Leave, as it varies from state to state. • Ensuring the accrued employees' entitlements are appropriately accounted for in the accounts of accounts to assess the realistic business performance metrics. • Frequent changes in the working hours, overtime hours and pay rates would require someone capable of processing these correctly. • Processing of parental leave, maternity benefits, redundancy and work injury-related entitlements and payments. • Correct reporting to ATO and annual reconciliation for the wages/PAYG WH reported to the ATO with the payroll system. • Do I have good governance and controls in my payroll process to mitigate the risk of error and fraud? • If your payroll system is a standalone system, periodical summary reports will get picked up in your financial accounting systems. • Suppose the KPI or performance bonus is meant to be paid as super exclusive, in 8/10 cases. In that case, it gets processed with superannuation, which goes unnoticed by the employers and does cause a severe negative impact on the bottom line.
What’s PremierOne's Process?
• Setting up and configuring your payroll systems, specific to your requirements. • Creating the master file data for your employees with date of birth, TFN, leave entitlements and pay rates. • After getting the timesheet from you, we shall process the pay and send the draft for your approval. • Once approved, we shall finalise the payroll, email the payslips to your employees, send you the payment electronic batch file for you to process through online banking and reporting to the ATO through STP. • Superannuation processing either monthly or quarterly based on your reporting obligations. • End of financial year STP finalisation and reporting to the ATO. • Month end reports for you to track the various payment categories, changes over the previous pays, gross summary journal for your accounts department to account for the payroll. • Round the clock support to address queries/issues coming from you and your employees. • Appropriate calculation of tax for fractured pays arising due to termination and onboarding of employees outside the normal pay calendar.
Why outsource my accounting department?
Let a professional do a professional’s job. If you are like most business owners and CEOs, you take full pride in the services or products your company provides. You want to focus your time and energy on business strategy and goals. Outsourcing the accounting department to a dedicated, highly skilled professional services firm allows you to do exactly that. By outsourcing your accounting to PremierOne you’ll save valuable time in your day, reduce operating costs and gain peace of mind.
Why prefer a Virtual CFO over an Inhouse CFO?
Small Business owners know that it is not always affordable to get a private financial manager in-house, as it requires a substantial investment of capital. To overcome this issue, we empower clients to get assistance from our Virtual Financial Controllers at an attractive price point. Our expert finance controllers will enable your business to have tremendous growth in resolving all the issues that leadership teams face financially, and eliminating the sources of financial crises, while also protecting the business accounting integrity for the future.
Our Certification Partners