Beany's accounting packages are designed to cover all the main accounting work your business needs each financial year.
Each package has a 12-month commitment as the monthly payment covers the total annual cost, divided into 12 instalments. Each set of 12 payments corresponds to one financial year.
Package details
Each package covers 1 business entity (i.e. one company, partnership, trust, or sole trader business).
If you have multiple entities, we can discuss this with you and provide a quote that covers the accounting work for all of them.
Economy (compliance + support)
Compliance
Year-end review of transactional coding and GST claims
Completing annual financial statements
Completing and filing the business entity tax return
Completing and filing personal tax returns for 1 or 2 shareholders
Completing and filing ASIC annual return (excluding ASIC fees which are passed on to client for payment)
Preparing minutes and resolutions
Tax minimisation
Your accountant will work (within the laws) to minimise your tax obligations
Proactive tax planning
Management of refunds and transfers for optimal tax outcomes
Ensuring ATO correctly assess your tax obligation
Alerts on upcoming deadlines, unpaid taxes and unfiled returns
Unlimited support
Access to our support team via phone and email with a 24-hour response time during business hours.
Premium (compliance + BAS + quarterly performance reporting)
- Everything listed in Economy, PLUS
- Business Activity Statement preparation and filing
- 2 hours per month of bookkeeping (extra hours available at an additional cost)
- Quarterly management reports and accountant meetings - think CFO-level insight every quarter
Business (compliance + budget + forecast + monthly reporting)
- Everything listed in Economy, PLUS
- BAS preparation and filing
- FBT returns (if required)
- Annual budget
- Annual 4-way forecast
- Monthly management reports and accountant meetings - think CFO-level insight every month
What our accounting packages don't cover
Here are some services not included in the accounting packages, but are available for an extra fee if required.
- Extra accounting work: Anything complex and consultancy-like will generally incur extra charges. We'll always let you know in advance if any additional fees apply.
- Software subscriptions: Our packages don't include the cost of a Xero subscription (or any other software). However, we can discuss the various plans available and help you find the best fit for your business.
- Bank Reconciliation or Bookkeeping: Not included in some packages, but available as an add-on for clients who want their bookkeeping and/or payroll taken care of.
- BAS and FBT returns: Not included in some packages, but available for an extra monthly cost. In many cases, it may be cheaper to upgrade packages rather than pay for a lower package + an add-on.
- Income sources outside of the business and PAYE: A tax return add-on charge applies for individuals who have rental properties or other investment income (e.g. managed funds, crypto).