Professional Small Business Accounting Services in Melbourne

Located in Preston, 10km north of the Melbourne CBD we are a boutique accounting firm whose strength is small businesses like yours. As small business owners ourselves we understand your challenges and have built services specifically catered to your needs.

How well are your business financials currently being managed? Could you use some help from a small business tax advisor in Melbourne? Are you great at managing your business but when it comes to accounting it often gets a little chaotic? You are not alone and we are here to help.

We get your business financials in order and put together a plan that ensures they stay that way and your business continues to grow. Even if you already have a basic accounting skills, our small business tax accountants in Melbourne will prove to be invaluable to you becoming more proactive and less reactive by providing you with advice when your business needs it, not just when you ask for it.

Our fixed price small business accounting packages

Our fixed price packages and range of online tools make it easy to manage your business accounting.

Compass flexible packages take the headaches out of small business accounting. We, the small business tax consultant Melbourne, provide the advice and support your business needs and we make sure that your compliance obligations are met and there are no surprises at tax time.

From inception and start-up through to operation and growth, Compass is there to provide advice and support on everything from business structure and setting up your business, through to all the requirements of small business accounting and tax.

Xero Accounting Software

Using the internationally acclaimed Xero software, coupled with professional advice and support from Compass, each package provides the services and reports that you need. Xero provides a platform for easy day-to-day accounts management and we take care of the rest with set review periods, compliance support and completion of tax returns. Other initiatives such as online authorisation of documents streamline the process and lets you deal with tax and compliance quickly and simply so you can get on with your day.

We cover all aspects of finance and accounting, including:

  • GST
  • Income tax returns
  • Financial reporting
  • Bookkeeping
  • ATO & ASIC Lodgements
  • Setting up a new business
  • Cashflow forecasting
  • Business plans
  • Franchise Advice
  • Online Business Advice
  • Tax audits

We support all types of small businesses in Melbourne including:

  • Hospitality Services
  • Retailers & Wholesalers
  • Building & Construction
  • Importers & Exporters
  • Manufacturing
  • Finance Consultants
  • Medical Practices
  • Legal Professionals
  • Property Investors & Developers
  • Architects

Our practise accounting certifications

  • CPA – Certified Practicing Accountants
  • Silver Champion Xero Partner
  • Registered Taxation Agents
  • Registered ASIC Agents

What Our Clients Say

“Compass had managed our personal tax for a number of years and we had always been happy with their service and advice so when I was looking to set up the new company structure it seemed appropriate for them to manage this and the accounts for the new entity.

We moved to a monthly packaged service and I believe the value we get far outweighs the cost. You know what you are going to pay and when this will come out each month. I have the peace of mind that the services they offer under that fee provides good value for money.

Whenever you have a question Compass are always available to help out. Regardless of whether you want to seek advice, or action a small item related to Xero, they are always available. This flexibility is greatly appreciated. There have been times when I have required some training on Xero and the Compass team has made themselves available to walk me through the information required and the processes.

It isn’t always about business and I enjoy the fact we can discuss things not just related to work. It shows they are human which I appreciate.”

Luke Watson
Owner/Director, Luke Watson Design & Assembly – LWDA

 

“The reason why I recommended Anthony to my current employer was because I find him to be so professional and he knows what he is talking about. I feel safe and secure and the fact that he is so knowledgeable ensures we are covered in every situation, are not being misled and are not about to have any unforeseen issues with the ATO. I feel like Anthony keeps us on the straight and narrow.

We have moved to a monthly fixed fee which works well. We have access to Anthony and the team at any time about any questions regarding Xero. It also helps with our cash flow. We know how much we are spending on these services per annum and can budget each month which is easier to deal with than one lump sum around tax time.

Anthony’s level of professionalism is outstanding. I always feel like I am in capable hands. “

Justine Wratten
Administration/Bookkeeper, Patterson Locksmiths

 

“As far as Accounts go, Anthony has the ability to get me excited about book work. I didn’t think that was possible.

Compass offer innovative products such as Xero and like to keep current and up to date with best practices. Anthony is a very strong communicator which makes me feel more confident in taking on more of the book work and understanding how that works.”

Joanne Costello
Administration Manager, Heathglen Homes

Compass & Xero

Compass uses Xero Accounting Software – click on the videos below to find out more about how we use Xero to work with our clients.

Get in Touch

To discuss your specific requirements please contact Compass on 1300 554 948
Get in touch using the form below – we’ll be delighted to help!

Get in Touch

To discuss your specific requirements please contact Compass on 1300 554 948, get in touch using the form below – we’ll be delighted to help!

Phone: 1300 554 948
Fax: 03 8677 2851

Office Address: 
116 High Street, PRESTON VIC 3072

Postal Address:
PO Box 2006, PRESTON VIC 3072

Email: enquiries@compassdirection.com.au