Accounting by Industry

Our members have vast and varied experiences across most industries and this knowledge helps them perform best for other similar businesses. The experience of our members means that they’ll hit the ground running with your business much faster and be able to bring their experience to your business. Industries include:

Legal Accounting

Lawyers and Attorneys operate their businesses in a highly regulated industry involving Trust accounts and client funds.

bookkeeping services and packages

Real Estate Accounting

Due to the fiduciary nature of the work a real estate agent does for their vendor principals they have operating and trust accounts and these as well as complex and sometimes varied payroll and commission structures make accounting for real estate a particularly unique service.

bookkeeping services and packages

Building and Construction

Quoting and job costing is often a starting point for business in the construction industry. Once the work commences these businesses need to reach milestones and receive progress payments as well as account and charge for variations. Credit management and accounts receivables are important issues for building and construction companies.

bookkeeping services and packages

Not For Profit Organisation Accounting

Not-For-Profit (NFP) businesses work to strict and sometimes limited budgets and need to account for and be audited on every transaction in their business. The nature of many NFP’s means that they need to account for all transactions to multiple stakeholders so reporting is very important.

bookkeeping services and packages

Professional Service Accounting

Professional services firms include accountants, designers, IT, legal practitioners, recruitment businesses and businesses which earn money based on professional service fees. Productivity is of the utmost importance and time management and reporting can help refine the productivity process and make the business more profitable.

bookkeeping services and packages

Import and Distribution Accounting

Currency fluctuations and hedging are important considerations for importers and so to is handling of GST. Where stock is held in large quantities and for extended periods inventory management and reporting is important for business and financial success. Price modelling, inventory, Deferred GST and credit management can make a very big difference at this scale.

bookkeeping services and packages

Hospitality Accounting

From small cafes, fast food restaurants and large sit down restaurants, hospitality makes up a massive part of our modern consumer society. High rent and staff costs and good POS systems are big factors in running and efficient, systemised business at a good profit.

bookkeeping services and packages

Retail Accounting

Retail shops are similar to hospitality businesses where the inventory is more tangible and more like the inventory for import and distribution businesses. Inventory management and reporting is critical and good POS and merchant services to manage the many small transactions are cornerstone processes that every good retailer needs to have.

bookkeeping services and packages

Manufacturing Accounting

Manufactures purchase lots of individual items and combine them together to create their products. Sometimes these are individual stock items or parts which they need to keep in stock for warranty and repairs and other times it can be raw materials which are combined to create the product.