Have you ever…
- Received an unexpected tax bill ?
- Wondered where the profit went ?
- Struggled to pay the weekly wages ?
- Dreaded spending a weekend preparing your (overdue!) BAS ?
- Battled to collect debtors ?
- Spent hours calculating wages in an Excel spreadsheet ?
- Had your computer crash and lost all your financial data ?
- Dodged phone calls from creditors chasing payment ?
If any of this sounds familiar, our services can help.
DEBTOR MANAGEMENT
The number one reason small businesses fail is cashflow – generally due to invoices not being collected on time. Our reporting provides accurate data on overdue invoices and we can provide advice on how to improve this process. If needed, we can take things a step further and manage some or all of your Accounts Receivable process.
CASHFLOW FORECASTING
Do you ever find yourself wondering when business will turn the corner, or if next month is going to be better or worse than the last? By analysing your Receivables and Payables we can provide you with an insight in to the expected position of your business at a particular point in time. Gone are the days of guessing what position you’ll be in. With cashflow forecasting you can make future decisions based on real-time data.
PAYROLL
If you’ve got employees, they need to be paid. We can take care of all your payroll needs so you don’t need to worry about it.
SUPERANNUATION PAYMENTS AND RECONCILIATION
One of the most common areas where businesses fall down is keeping their superannuation commitments up to date. The ATO is particular about superannuation being paid on time, so outsource this responsibility to us and you won’t have to think about it again.
BAS PREPARATION
Do you feel dread and panic as each BAS deadline approaches? Maybe you’ve found yourself with three months’ worth of transactions to enter before you can even think about preparing your BAS? Save yourself the hassle and allow Copia Business Services to take care of all the data entry and BAS preparation. You need never fear the pink form again.
CREDITOR PROCESSING
From supplier invoice entry to bill payments and remittance advices, we can help you manage some or all of your Accounts Payable.
TRANSACTION ENTRY AND BANK RECONCILIATION
Sick of spending your weekends entering transactions from your bank statement? Then stop right now. Let us do your data entry so you can get back to running your business. Concentrate on growing your business, knowing that someone else is making sure that your bank statement reconciles with your accounts, and transactions are allocated correctly.
MONTHLY REPORTING
To make good business decisions, you need good information, provided at the right time. With monthly reporting, you receive a Profit and Loss and Balance Sheet so you can adjust your business activities & strategy accordingly. We are also adept at de-mystifying these financials for small business owners.
BUDGETING AND ANALYSIS
Small businesses are often advised to ‘have a budget’ but have no idea how to create one. We can work with you to create a realistic budget for the next twelve months that you can use to analyse your results and help make critical business decisions.
YEAR-END COMPLIANCE
The end of financial year is stressful, there’s no doubt about it. There’s a lot to be done – both reporting on what’s happened and preparing for the year ahead. Working with Copia Business Services you can sleep easy, knowing that we’ll prepare your accounting file ready to be handed over to your accountant or tax agent (just the way they like it), and we’ll make sure all your employees have their payment summaries (within the compliance window) so that they can get on with finalising their own end of financial year tax obligations. Say goodbye to those annoying questions like, “When will I get my Group Certificate?”
BUSINESS CONSULTING
With over 20 years’ experience in numerous business environments, we are well placed to offer advice on financial and administrative procedures to help your business become more structured, supporting future growth. We can assist in recommending and implementing relevant software and technologies to suit your needs.
This is just a highlight of the services we offer. If what you’re looking for isn’t listed here, please get in touch so we can discuss.