At WiseAcc Group, we recognize that managing your business's finances can be both complex and time-consuming. To simplify this process, we offer a range of fixed-fee accounting plans designed to meet diverse business needs, ensuring transparency and predictability in your financial management.​

1. Tax and Compliance Plan

Starting at $200/month + GST

Ideal for businesses that manage their own bookkeeping but require assistance with compliance and lodgements. This plan includes Income Tax Return preparation, Annual Financial Statements, Yearly Tax Planning, and Email Support.​

2. Bookkeeping Plan

Starting at $350/month + GST

Suited for businesses seeking relief from bookkeeping tasks. This comprehensive plan offers Monthly Bookkeeping Services, Quarterly BAS Lodgement, Quarterly Profit & Loss Reports, and both Email and Phone Support.​

3. Bookkeeping & Payroll Plan

Starting at $500/month + GST

Designed for growing businesses with complex bookkeeping and payroll needs. This plan provides Monthly or Weekly Bookkeeping, Payroll Management, Quarterly or Monthly BAS/IAS Lodgement, Superannuation Preparation, Regular Business Reporting, and Check-ins.​

4. Bookkeeping, Payroll & Financial Management Plan

Starting at $1,000/month + GST

For businesses seeking comprehensive financial management without the hassle. This all-inclusive plan features all services from the Bookkeeping & Payroll Plan, along with Debtors and Creditors Management, Budget Preparation, Cash Flow Analysis, and Finance Meetings.​

By choosing a fixed-fee plan, you benefit from financial predictability, strengthened client-accountant relationships, and a focus on value rather than time spent. This approach simplifies billing, encourages long-term partnerships, and aligns interests for optimal results.​

Managing your business finances involves critical decisions, especially when determining how much accounting work to handle internally versus delegating to professionals. While taking on some accounting tasks can seem cost-effective, a hybrid approach—where you manage certain aspects and rely on professional accountants for others—can present several challenges.​

1. Increased Risk of Errors

Without comprehensive accounting expertise, the likelihood of clerical errors rises. Even minor mistakes can lead to significant issues during audits, potentially causing complications with tax authorities. Accurate record-keeping and a thorough understanding of accounting principles are essential to mitigate these risks. ​

2. Missed Deadlines

Balancing bookkeeping with other business responsibilities can result in inconsistent records and overlooked deadlines for tax filings or bill payments. Such delays may incur penalties and negatively impact your business's financial health. ​

3. Overreliance on Accounting Software

While accounting software can streamline processes, it's not infallible. Misconfigurations or misunderstandings of the software's capabilities can lead to inaccurate financial data. Integrating software with other applications can also introduce complexities that require professional oversight. ​

4. Communication Gaps

Dividing accounting duties can lead to miscommunication between you and your accountant. Unclear delineation of responsibilities may result in tasks being duplicated or overlooked, causing inefficiencies and potential financial discrepancies.​

5. Compliance Risks

Partial DIY accounting may lead to non-compliance with tax laws and financial regulations due to a lack of comprehensive understanding. Professionals stay updated on legislative changes, ensuring that your business adheres to current standards and avoids legal issues. ​

6. Time Constraints

Managing accounting tasks requires significant time and attention to detail. Balancing these responsibilities with other business operations can lead to burnout and divert focus from core activities. Evaluating whether your time is best spent on accounting or other business functions is crucial. ​

At WiseAcc Group, we understand that every business is unique. If our standard packages don't align perfectly with your needs, we're happy to offer a free consultation to assess your situation and tailor a solution that fits. Our commitment is to manage your accounting and tax obligations efficiently, allowing you to focus on growing your business with confidence.​

For more details or to discuss a customized plan, please contact us