Your Trusted Financial partner

Accounting Services and Bookkeeping – Accurate, Timely and Fully Compliant with ATO Requirements

Proactive accounting that goes beyond compliance to help your business thrive.

Xero Certified

MYOB Compatible

STP Phase 2 Compliant

Registered Tax & BAS Agent

24 Hr Response Guarantee

More Than Just Compliance

At CFO and Tax Advice, our accounting service is built around strategic context. Monthly management accounts arrive with written commentary, not just numbers. We proactively identify tax savings, deductions, and growth opportunities your previous accountant may have missed. Critically, our bookkeeping and accounting services are fully integrated, clean, accurate bookkeeping feeds directly into strategic reporting, giving you a complete, real-time financial picture.

“Your books should tell you where your business is going – not just where it’s been.”

What We Deliver

Management Reporting

Monthly management accounts with written insights and variance commentary to help you make faster, better business decisions.

Payroll Processing

Accurate, on-time payroll with full compliance across superannuation, STP Phase 2, and Fair Work Act obligations.

BAS Preparation and Lodgement

Timely, accurate BAS preparation and proactive planning that minimize your tax bill before it arrives.

ASIC and ATO Compliance

Never miss a lodgement or compliance deadline. We manage your ASIC and ATO obligations on your behalf.

Bookkeeping

Accurate, timely bookkeeping is the backbone of every healthy business. Our professional bookkeeping service keeps your accounts clean, reconciled, and up to date on a regular cadence, using the latest cloud accounting technologies.

Strategic Financial and Cashflow Planning

Proactive planning that structures your business, investments, and distributions in the most effective way.

Industries We Serve

Medical & Health
Construction & Property
Retail & Hospitality
Technology & Startups
Property Investors
Professional Services

Frequently Asked Questions

How much does an accountant cost for a small business?

Small business accounting fees typically range from $200 to $600 per month for monthly bookkeeping, reporting, and compliance. Fees vary depending on the size of your business, the complexity of your accounts, and the scope of services required. CFO and Tax Advice offers fixed-fee packages. We also work on a project basis, where pricing can be discussed and tailored depending on the scope ,contact us for a personalised quote.

What is the difference between a bookkeeper and an accountant?

Bookkeeping involves the day-to-day recording of financial transactions ,bank reconciliations, invoices, payroll processing, and expense categorisation. Accurate bookkeeping is the foundation that everything else is built on. An accountant takes that bookkeeping data further ,producing management reports, preparing tax returns and BAS lodgements, providing financial forecasting, and ensuring full ATO and ASIC compliance. At CFO and Tax Advice, we provide a fully integrated bookkeeping and accounting service, meaning your bookkeeping feeds directly into strategic reporting ,giving you a complete, real-time financial picture without gaps or duplication.

What accounting software do you work with?

Our certified accounting team works across a broad range of accounting and business management platforms, including Xero, MYOB, QuickBooks, NetSuite, Oracle, Cin7, Prophix, and many other cloud-based systems. We can work within your existing system or recommend and implement the right platform for your business. Our goal is to ensure your accounting software works as hard as your business does.

What is STP Phase 2 and does my business need to comply?

Single Touch Payroll (STP) Phase 2 is an expansion of the ATO’s digital payroll reporting system that requires employers to report additional payroll details ,including employment basis, income types, and disaggregated gross pay ,directly to the ATO each pay run. All Australian employers are required to be STP Phase 2 compliant. CFO and Tax Advice is fully STP Phase 2 compliant and manages this reporting on behalf of our payroll clients.

How often should a small business review its accounts?

At a minimum, SMEs should review management accounts monthly. This allows you to identify cash flow issues, track performance against budget, and make timely decisions. At CFO and Tax Advice, every client receives monthly management accounts with written commentary ,not just numbers.

Book a Free Accounting and Bookkeeping Consultation

Discover how strategic accounting and professional bookkeeping can transform your business from a compliance burden into a genuine competitive advantage. Serving SMEs across Australia from Oakleigh South, VIC 3167.

Get a Free Quote

Fill out the form below to get a quote on your project.

WhatsApp