Experience and up-to-date knowledge at your service.
The Australian Taxation Office has a plethora of requirements that business must adhere to. We can make sure you meet those requirements and associated deadlines whilst also giving you the confidence to know that what is lodged is accurate. Our team is always on top of the recent changes the ATO makes in regards to superannuation, depreciation, and business expenses claims.

Steady cash flow, healthy business.
We can ensure a steady cash flow by getting your invoices out on time and making sure you stay on top of the bills that need to be paid. We can also assist with the budget for your BAS and PAYG requirements as well as short and long term budget plans and goal setting.

QuickBooks Pro Advisor; Xero & MYOB Partners.
At New World Accountants, we are a member of the QuickBooks Pro Advisor program, and we have partnership with Xero and MYOB. In addition to that, we are always ready to research and advise on alternative solutions depending on your specific needs. If you are a new business, we can assist in matching the correct accounting software to your situation, and we can help you in setting up the administrative procedures to ensure you stay on top of your paperwork. If you are an existing business wanting to move towards cloud-based accounting software or convert to a new platform, we have a wealth of knowledge on the best way to incorporate the software into your business.

We cover the essentials of your business.
At New World Accountants, we can match your needs, whether you require daily, weekly, monthly or quarterly bookkeeping. Our services include the following, but are by no means limited to this list:
• Lodgement and preparation of monthly or
quarterly BAS and IAS
• Bank reconciliations
• Data entry of income and expenses
• Payroll processing – including new employee setup,
payslips and leave management
• Single Touch Payroll obligations
• Superannuation payments and reconciliation
• Financial reporting
• Budgeting and cash flow
• Debtor management
• System setup and maintenance
• Software training
• Fuel Tax Credit Calculations
• Trust Accounting
• TPAR preparation
• New Asset and lease/Chattel Mortgage accounting
• ATO payment Plan setup
• Premium Funded Insurance

Compliance of accounting processes.
Our team has experience with trust accounting in different industries, and we have used various programs such as Leap and Property Me.

Real time information to help you make the best informed decisions for your business.
Upon partnering with us, we will ensure your business accounts are kept up-to-date. This means that you will have access to real-time data regarding the financial position of your business. Besides, our team can assist you in understanding and translate exactly what your financial statements are telling you.

Don’t miss out on money that you may be entitled to.
The ATO offers fuel tax credits to businesses that are operating in certain industries with specific vehicles and machinery. The amount you claim can be as high as 40c per litre of fuel, however, there are strict requirements that must be met and knowing if you qualify is our speciality. We can help you to understand your eligibility

Expert support to one of your most important assets: human capital.
The team at New World Accountants is well versed in running payroll for companies. We have experience in a number of industries including those with complicated EBA’s. We can process payroll based on timesheets, salaries or hours worked. We will ensure that your payroll is processed on time, your employees’ superannuation is correct, and that the wages are reconciled at the end of each payroll period. For new employees, we provide and process all required documents. In addition, we are on top of the ATO’s new Single Touch Payroll requirements, so we can certainly make sure you meet those obligations as well.