Your Experienced Accountants in Clermont

The main difference between accounting and bookkeeping is that accounting is a broader term that includes financial statements, auditing and other complex financial calculations, while bookkeeping is the recording of financial transactions. Bookkeepers mainly work with numerical data, such as account balances and income/expenses, while accountants are responsible for and might advise on things like tax laws and investments.

An accountant can provide a range of services when it comes to superannuation. This includes ensuring that you are with the right superannuation fund, preparing and lodging your annual contribution statement, calculating your entitlements, and helping you manage your account. They can also provide advice on salary sacrificing and other ways to grow your super balance.

Hiring an accountant to handle your BAS statements is a wise decision for a few reasons. First and foremost, handling your own BAS statements can be difficult and time consuming. An accountant will have the expertise and knowledge to ensure that your statements are accurate and filed on time. Additionally, hiring an accountant is often more cost-effective than doing it yourself. An accountant can help you find tax deductions and credits that you may not have otherwise been aware of, which can save you money in the long run.