Accounting is an essential element in the building of a successful business.

Not just any accounting though, we mean really good account. This means in depth and thorough with a high attention to detail.

Accounting can’t be done by just anyone. It needs to be completed by an individual who is competent and meticulously understands the ins and outs of your businesses requirements and obligations under the law as well as the financial goals you have set for your business.

Xero defines business accounting as ‘the systematic recording, analysing, interpreting and presenting of financial information’. While that is true, at Lee & Associates, we believe it is so much more.

We believe that as business accountants we have a duty of care over our clients to ensure:

  • Our team communicate effectively about your businesses financial goals
  • Your business is meeting deadlines for BAS, PAYG & Superannuation payments
  • We encourage you to ask questions about running your business finances so that your business is running as efficiently as possible

Why is effective business accounting important?

If you’re not staying on top of your business accounts, it’s like that you’re not being paid on time, you’re not paying bills on time and you’ll have a lot to catch up on every time your BAS or EOFY rolls around.

We do not want this stress on business owners!

Effective business accounting is so important because:

  1. The record of account transactions is important not to just you as a business owner but to those investors, managers and other stakeholders in the company. When these records are precise and up to date, it gives an accurate snapshot of financial performance.
  2. Planning & decision making in business can sometimes be reliant on finances. When your business accounts are working seamlessly, these decisions can be made with ease.
  3. Your business has a legal requirement to keep accurate records

We can help!

Lee & Associates has extensive experience in assisting businesses Australia wide with their business accounting. We are passionate about streamlining the process for you and making your life a little bit easier.

If you’d like to learn more about our business accounting services, contact us today!

Email: enquiries@leeandassociates.com.au or Phone: (07) 3105 2843

Postal Address: PO BOX 10939, Brisbane QLD 4000

Office Address: Suite 3/50 Anderson Street Fortitude Valley QLD 4006