Illawarra Business & Accounting Service provides a unique accounting service which helps the business owner/operator to have a complete financial understanding of their business operations. Illawarra Business & Accounting Services aim is to provide a service which will enable owners/operators to make sound financial decisions for the future prosperity of their business.To be equipped with accurate and complete financial information enables the owner/financial manager to make sound financial decisions and put in place key financial objectives and changes to operations to achieve the desired outcome. An example of services offered include:• Preparation and setup of management reports including reconciliation of the balance sheet accounts in your accounting software • Detailed analysis of costs including determining breakeven point, reviewing gross profit margins and turnover requirements to achieve business profitability • Review and analysis of cash costs and breakeven point for cash flow profitability• Preparation and management of cash flow forecasts and budgets for creating business operation targets• Preparation of cash flow forecasts and other financial information for financial funding requirements • Overview of business operations determining areas of profitability and non-profitable centres and reviewing ways for improvement• All other financial compliance reporting obligations including BAS, Workers Compensation returns, Payroll Tax returns and FBT returns• Preparation of any other financial information which can be adapted and tailored to your financial needs

Preparation of monthly financial statementsOverview and reconciliation of balance sheetPreparation of annual FBT return and monthly BASPreparation of annual budget

Financial controller including preparation of monthly and annual financial reports.Management of all stock issues including customer and supplier contracts.Business Management System Co-ordinator for the compliance of ISO9001.Preparation of all budgets, cash flows and management accounting reporting.Review and overview of all supplier and customer contracts.

Preparation of financial reports for all entities including sole traders, partnerships, large reporting companies and clubs.Preparation of all taxation and compliance activitiesPreparation of budgets, cash flows and external reports