FAQ's

What accounting services do you offer for people in trade?

Outback Accounting provides specialized services for tradies like streamlining bookkeeping, payroll, tax planning, and business structuring so you can focus on your trade. We understand the unique challenges of the construction and trades industries.

Can you help with setting up cloud-based accounting systems?

Yes, Outback Accounting team excels in setting up and managing cloud-based accounting systems, like Xero. This allows you to access your financial data anytime, anywhere, and automates processes like invoicing and expense tracking, saving you time and reducing errors.

What can I do if I struggle with cash flow management?

We assist in budgeting, forecasting, and cash flow management. The Outback Accounting team can help you track revenue and expenses more effectively to ensure that your business remains profitable and sustainable, even during slow periods.

Do you provide support with tax compliance and reporting?

Yes, Outback Accounting’s team will guide you through tax compliance and reporting requirements, ensuring you meet all necessary deadlines and stay on the right side of tax authorities. We make tax time stress-free, from calculating taxes to lodging returns.

How can you help my small business grow?

We offer advisory services that go beyond standard accounting. Whether it's creating a five-year business plan, managing employee payrolls, or identifying growth opportunities, we’ll work with you to create a tailored strategy that supports your long-term goals.

What if I need assistance with loans and funding?

Outback Accounting can help you prepare the financial documents and records required for applying for loans, grants, or other types of funding. Our team ensures everything is accurate, increasing your chances of securing financial support.

Can you assist with payroll and managing subcontractor payments?

Absolutely! Outback Accounting offers comprehensive payroll services, including paying employees and subcontractors, managing PAYG, and ensuring compliance with all local payroll regulations.

Do you help with tax planning for individuals as well as businesses?

At Outback Accounting, we primarily focus on business clients, but we also offer some support for individual tax planning. We can connect you to trusted accountants who specialize in individual tax if needed.

What is the benefit of using a cloud-based accounting solution?

Cloud-based accounting solutions give you real-time access to your financial data from anywhere, making it easier to manage invoices, track expenses, and collaborate with your accountant. It’s also more secure and reduces paperwork.

How do you help eCommerce businesses with accounting?

We provide tailored accounting solutions for eCommerce businesses, such as integrating payment systems like Stripe, managing online sales tax, and tracking revenue streams to help you scale your business efficiently.

How can you help with financial forecasting for my business?

Outback Accounting’s financial forecasting services help you plan for the future, estimate upcoming expenses and revenues, and identify potential challenges before they arise. Our Virtual CFO can also help you make informed decisions about your business growth.