Just how well do you do digits?
Whether you’re selling your wares in a simple online store, running a busy service-based agency, or a property mogul with a portfolio so big it’s about to burst at the seams, business always comes down to numbers. But just how well do you do digits?
The Deciphered team are all about the finer detail, while ticking all the necessary boxes and also keeping our eyes on the big picture!
We have got you covered! With our support, we can have you doing business better in no time.
You’re already doing so much just working in your business on a day-to-day basis. Trust us to work on your business for you.
Contact us today, your digits will thank you for it.
Let us help you with the ABCs of your business – Advisory, Bookkeeping and Compliance.
While ‘doing the books’ can sometimes be a drag, a solid set of accounts is the foundation you need for your business to succeed.
With decades of experience in bookkeeping, the Deciphered team can help you get rid of that shoebox full of crinkled receipts and have you operating in an easy and efficient paperless filing system in no time.
- account maintenance
- accounts receivable
- accounts payable
- payroll processing
Whether you do your books or we do, ensuring your compliance is kept up to date is imperative. Businesses can quickly come unstuck by missing just one of the many regulatory deadlines or by not having systems setup correctly.
With Deciphered handling the deadline stress for you, you know you have qualified, experienced professionals looking out for your best interests.
- business activity statements (BAS)
- instalment activity statements (IAS)
- taxable payments annual reporting (TPAR)
- payroll tax
- STP ongoing & finalisation
- annual accounts & tax agent pack
Doing what you do is what you do best, but what if you could do business better?
Informed business owners make better strategic decisions, but strategising around your business books should be a constant and evolving task. One of the biggest business buzzes we get is empowering our clients with the knowledge they require to succeed. Let us empower you to make the best decisions for your business.
- business performance review
- management reporting
- business planning
- budgets & forecasts
- cashflow analysis & management
We love Xero and know you will too
The current market leader in account-keeping software, this cloud-based system is uber user friendly, offering online storage of all your files and information for easy access on any device (yes, even your smartphone and tablet). While the system is all-inclusive, there are a variety of really useful add-ons available, specific to different businesses, portfolios and situations, that will help us tailor your package best.
Connect with us to find out more about…
- Xero setup & conversion
- Xero health check
- Xero training
- One on one training
Frequently asked questions
If I engage Deciphered to do my books will I still need to chase up paperwork and attend to queries?
We work with our clients to put in place tried and tested processes designed to make things as simple and easy as possible for our clients to shift the workload from their plates to ours but we always want our clients to stay connected to their accounts and what the story their books are telling.
Will Deciphered do my taxes?
While Deciphered doesn’t do tax prep internally, we do work with some exceptional tax accountants. If you prefer to use your own tax accountant, that is ok too, we will ensure your books are accurately updated throughout the year so they’re ready to be passed on to at year end.
How much will this all cost?
What best suits your needs is determined by many factors. Some clients are keen to have a more hands on approach to their bookkeeping functions and only require a more casual level of support, while others want to make the most of our team and our services to simplify their business and focus on working in the business rather than on it.
We offer all clients a complimentary (obligation free) meeting to allow us to get to know you and your business. We find this to be a great way for us to put together a detailed scope of work for us to work on, to ensure we are aiding you to solve as many problems we can and keep you moving forward. The experience our team can bring to your business is vast, and we work quickly to help you embrace efficiencies and best practices. So reach out. Connect with us and see how we can help you do business better.
Why is cloud accounting good for business?
In the case of cloud accounting, you keep your business books online. That includes records of income and expenses, and assets and liabilities. The information is encrypted, much like a bank’s, so only people with the login can view the data.
How cloud accounting works
Users subscribe to an online accounting software solution and move their books to the cloud. From then on, they can access their accounts from any web browser, or from an app on their phone. Most users connect the software to their business bank account, so that banking transactions flow automatically from the bank to the books.
Benefits of cloud accounting software
Running your business accounts online has many advantages.
- Data about your sales or income and purchases can flow straight from your bank to your books so you don’t spend hours transcribing them.
- You can see your current financial position at any time.
- Multi-user access makes it easy to collaborate online with your team and advisors.
- It’s online software so there’s nothing to install or update, and all your data is backed up automatically.
- You can set up a dashboard showing important financial information like who owes you money, what bills are due, and how your cash flow is looking.
Cloud security is world class
As a small business owner, you might be concerned about a cloud service provider storing your data. But the cloud is one of the most secure ways to store information. For example, using cloud software, if your laptop is stolen, no one can access your data unless they have a login to the online account. With cloud software, your data lives online on secure servers – as opposed to on your hard drive.
Work smarter with accessible data in the cloud
The beauty of online accounting software is the flexibility it gives you to run your business from work, home, or on the go. You can be confident that you have an up-to-date picture of how your business is doing, no matter where you are.
Software updates can be developed and delivered faster and more easily in the cloud. This means you don’t need to worry about installing the latest version and you’ll get access to new features instantly. With cloud accounting software, you have the option to run your business remotely, from anywhere in the world. And when data is fluid and accessible, the possibilities are endless.
Borrowed from the Xero Small Business Guides. More about Cloud Accounting on their blog.
What others are saying...
"Thanks for your help and great explaining, it makes it so less stressful."
"Thank you so much Deciphered for being a support for us and being there for us as we navigate change to get things happening."
"Without a shadow of a doubt, I would not enjoy the business success that I do today if it was not for Deciphered Pty Ltd."