Trusted Age Care Accounting Services In Australia: PremierOne

We helped An Age Care Provider Save over $310k through our outsourced CFO accounting, bookkeeping and payroll services. Our proactive team was also able to save them $160k in bad debts!

AT A GLANCE

CHALLENGES

BENEFITS

Gerard

Our organisation is using Premierone and their services in a highly specialised, health/care management centric industry for a while now. Our management team is impressed with the results. Premierone has taken on the challenge of familiarising themselves with an industry which is extremely difficult to navigate, and have done so with great success. Maru, who leads the team, is very client centric and provides a top notch service; he genuinely cares about his clients, is detail oriented and is outcome driven. We look forward to working together for years to come!

HOW WE HELPED

For Age Care clients of this nature, a minimum in-house
finance team of five members is essential ($350k+). Their
responsibilities would encompass various crucial tasks,
which our all in one solution completely covers with key
services listed below:

Outsourced CFO services: Strategic planning led to a notable increase in cash flow and profitability over two years, along with improved systems and processes.
Accounts payable and receivable (AP/AR): Proactively managing all incoming and outgoing financial transactions.
Resident billing management: Full management of billing processes for residents. Our team handles phone calls and email queries from residents and ensures timely collection of payments. This service saved the client $160,000 in bad debts.
Payroll: Ensuring timely payroll processing for tax, STP, and superannuation obligations.
BAS preparation and lodgement: Preparing and lodging Business Activity Statements (BAS) with the Australian Taxation Office (ATO).
Communications with Services Australia – compliance: Responding to changes in resident fee structures following means testing.
Quarterly financial reporting (QFR) for the Department of Health: QFR ratings are issued for this facility. We are meticulous in our reporting to ensure the client maintains a strong rating.
Annual aged care financial reporting: Preparing and completing complex annual financial reports in compliance with industry requirements.

In the short term, we helped streamline a proper accounting and communications system, cleaned up the accounts, set up a dedicated email account for suppliers and bills, automated electronic payments to suppliers, and ensured key general ledger accounts are reconciled regularly.

We are also supporting the client’s long-term goals through proactive financial management to maintain profitability and sustainable cash flow. This includes negotiating more favorable terms with the ATO, which has resulted in $160,000 in savings through the remission of General Interest Charges and penalties.

HOW WE CAN HELP YOU

CONTACT US

Discover how our comprehensive services can
streamline your operations. Book a time with my team
via this link and they will help you to set this up:
www.calendy.com/premierone/15min
Or call 03 7071 1180 or 0416339239
Alternatively you can go to here to learn more about our tax accounting for age care.

How much do our business accounting services cost?

We provide transparent pricing at affordable rates:

Xero Bookkeeping includes: Accounts payable, Accounts Receivable, Bank Reconciliation and General Ledger Maintenance – from $69 per hour Xero Payroll Processing includes: weekly or fortnightly payroll processing based on your inputs and timesheets, ABA file generation, leave and entitlements tracking, STP lodgement, Superannuation, Payroll Tax, Workers compensation annual declaration, STP Finalisation, onboarding and termination – from $14 per employee per pay period.

BAS (GST, PAYG Withholding and PAYG Instalment) – Preparation, Reconciliation and lodgement with the ATO from $260 per lodgement IAS (if you are a medium PAYG withholder) from $60 per lodgement CFO Business Advisory:- includes critical analysis of the business performance and game-changing recommendations to improve your cash flow and profitability. Reports prepared and presented by highly skilled CPA qualified accountants. From $590 per quarter End of Financial year:- EOFY Tax Returns and Financials, which involves finalising and reconciling your General Ledger accounts, review of critical accounts, computation of book and tax depreciation, allowing and disallowing the expenditures based on their tax deduction eligibility (e.g. Donations) from $1500 per year which will vary based on annual revenue and complexities we need ot handle.

Book a free 15 minute consultation with Maru, our Principal Accountant and CFO Business Advisor

For small, medium and enterprise businesses who want:

Business Accounting

At PremierOne, we provide complete business accounting services that cover all your financial needs — including accounting, tax, bookkeeping, and payroll — all in one place. Our transparent fixed-fee monthly pricing gives you cost certainty and peace of mind, so you can focus on growing your business without worrying about hidden fees or unexpected bills.

When you work with PremierOne, you work directly with our principal accountant, Maru, who brings over 25 years of experience, backed by a team with more than 50 years of combined expertise. We have helped businesses across a wide range of industries — from professional services and trades to retail and technology — to streamline their finances, minimise tax, and achieve long-term success.

Every client relationship begins with a free 15-minute consultation, where we take the time to understand your business, your goals, and how we can tailor our services to best support you. Whether you need day-to-day bookkeeping, expert payroll management, proactive tax planning, or strategic business advice, our highly personalised approach ensures you get real support from experts who care about your results.

At PremierOne, we don’t just manage your numbers — we partner with you to build a stronger financial future for your business. If you’re looking for trusted business accounting services that deliver personalised advice, all-in-one convenience, and long-term value, PremierOne is ready to help you grow with confidence.