Basic bookkeeping services offered by First Class Accounts include:
Bank Reconciliations - compare your internal records with bank statements in order to identify and rectify any discrepancies
Profit & Loss Statements - generated monthly and/or annually that reports the earnings of a business by stating all relevant income and all expenses that have been incurred to generate that income. Also referred to as an Income Statement.
Cash Flow Management – manage your cash flow to ensure you have cash when you need it. This is the most critical aspect of business.
Financial Reporting & Analysis – key information about the financial state of your business into language you can understand.
Accounts Payable & Receivable – identify money you owe suppliers and money that is owed to you by your customers.
End of financial year processes – take away all the pressure associated with ensuring your books are ready for the end of financial year.
Budgeting – forecast your income and expenditure in order to identify how much you afford to dedicate to particular expenses.
First Class Accounts | Bookkeeping & Payroll Services
Founded in 2000, First Class Accounts has grown to become Australia's largest bookkeeping franchise, with more than 200 bookkeepers servicing over 5,000 clients across a variety of industries. First Class Accounts is a division of First Class Financial Group Pty Ltd (ABN 147 962 187).
The First Class Accounts brand is built on the strength of our training programs and the ongoing support we provide our bookkeepers; they are expertly trained to meet all of their clients' needs. All First Class Accounts franchisees are up to date on legislative requirements and software upgrades; they can easily adapt to suit their clients' circumstances and needs. They ensure quality service that is both efficient and flexible.