accountingNow

FINALLY A BETTER WAY

Accounting Now believes that you deserve to know what our services will cost you before you agree to hire us.

Our fee schedule will ensure that you never receive a surprise bill.

Fees are determined by the size and nature of your business and are subject to our engagement letter terms.
All fees are + GST.

Fees can be paid annually OR monthly - both options are shown in the following fee schedule. See below for more information on these options.

Most Business Activities

Investment Entities With Portfolios of Shares, Bonds or Terms Deposits

Rental Property

Download our fee schedule as a .pdf document here.

 

How our fees work

There are 2 options that you can choose from

Option 1 - Monthly Billing
Your annual fee is divided by 12 and paid monthly in advance of the financial year end. When the year ends, if there is a balance owing (due to coming on board mid year) then this wash up amount is due and the monthly billing starts again over the next 12 months.

Stage 1 – Complete your previous years financial documents
Firstly we need to complete your previous years work (if applicable)
This is paid for all at once, on the 20th of the month following the work completion.
Our 20 working day guarantee applies to this work

Stage 2 – Set up monthly in advance billing
The date you come on board the monthly billing starts
This is the annual fee, divided by 12 months
This fee goes towards your current financial years work including the end of year financial statements which get prepared early in the next financial year.

Stage 3 – Wash up balance payment
When the end of year financial statements are completed (which occurs in the next year) then there may be a final wash up balance which is the difference between the amount paid monthly (from date of joining to 31/03) and your annual accounting fee.

Example
If a clients annual fee is $1200.
They came on board in July 2010.
Their end of year financial documents gets completed in May 2011
They have paid 9 months of $100 per month = $900.
Their wash up balance is $1200-$900 = $300.

Stage 4 – Ongoing monthly
Then you continue with your monthly payment throughout the next year (from 01/04) for the full 12 months. At the end of the year you will have paid your full accounting fee. The end of year financial's get completed and have already been paid for.

What’s included under this arrangement?

- Guaranteed 20 day turn around
- Free GST returns completed and filed (Saves up to $720 pa)
- Full financial statements and tax returns completed
- Ongoing accounting support throughout the year
- A great rate on your accounting fees and incredible value

 

Option 2 - Year End Billing
The other options is to go with “Year End” billing – much the same as other accounting firms.

Your end of year financial statements get prepared and are billed on the 20th of the month following their completion date.

Under this arrangement
- The 20 day guarantee is not applicable (but we will give a fixed completion date)
- GST returns are additional to the annual accounting fee at $120 per return
- You still get a great rate on your accounting fees and we deliver excellent value and service.

 

Summary

Our preference is for our clients to opt for the monthly billing as it delivers them the best possible value e.g. Industry leading turn around, free GST returns etc. However we do have clients would prefer to do things the more traditional way and opt for the year end billing option - Whatever option you prefer, you can rest assured that we will offer you an excellent standard of work and service.

If you have any questions please don't hesitate to contact us on 0800 4 LESS TAX

 

Optional Extras
A. Payslips - $24 for the first employee plus $8 per additional employee each payrun.
B. PAYE returns - $24 per PAYE return plus $4 per employee.
C. Trusts - preparation & filing of the annual gifting documents - $160 per annum.

General accounting activities not included above - POA

 

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