Trusted Aged Care Accountant in Australia: PremierOne

aged care accountant

Are you looking for an experienced aged care accountant in Australia? Use PremierOne as your only resource. We specialise in assisting aged care providers and are a top-tier provider of all-inclusive accounting services. We provide specialised solutions to address their particular requirements.

Specialised accounting and financial management are needed in aged care facilities. PremierOne offers crucial services including tax accounting, payroll, billing, bookkeeping, virtual CFO, and payment statement reconciliation. We are aware of the various cash flow dynamics that each facility has.

Due consideration is given to the unique facilities within the elderly care sector by our committed staff to ensure proper statement reconciliation. In the aged care industry, we are aware of how crucial it is to keep track of the money that is linked to people and organisations.

You gain from competence and dedication when you choose PremierOne as your aged care accountant. Our skilled tax accountants have a focus on accounting for elderly care facilities. They offer complete tax accounting services that are geared to the special requirements and conditions of aged care institutions.

To discuss your specific accounting requirements and learn how we can significantly improve your aged care business, get in touch with us right now.

Why Should you choose PremierOne’s Aged Care Accounting Services?
Streamline Your Finances with Expert Aged Care Accountants

  • Accurate Data Entry & Recording: Using cutting-edge accounting software to create organised and current financial records, our meticulous bookkeepers make sure that every financial transaction is accurately recorded. We guarantee accurate data entry with our aged care accounting services for increased accuracy and compliance.

  • Bank Reconciliations: We regularly execute bank reconciliations to make sure your records and bank statements match while preserving the accuracy of your financial data. To keep your finances in order, our aged care accounting services include complete bank reconciliations.

  • Accounts Payable and Receivable Management: We take care of accounts payable and receivable, generating invoices, handling payments, and enhancing your cash flow management with our effective procedures. We streamline your accounts payable and receivable with our aged care accounting services for better financial management.

  • Financial Reporting: We prepare timely and accurate financial reports, including profit and loss statements, balance sheets, and cash flow statements, providing valuable insights for informed decision-making. Our Aged Care Accounting Services include comprehensive financial reporting to help you understand and analyze the financial health of your aged care facility.

  • GST and BAS Preparation: Our experienced bookkeepers assist with GST compliance and accurate preparation and lodging of Business Activity Statements (BAS) on time. With our Aged Care Accounting Services, we ensure proper GST and BAS preparation to meet your tax obligations.

  • Payroll Management: Our comprehensive payroll services handle employee wages, superannuation contributions, and compliance requirements, ensuring accurate processing. With our Aged Care Accounting Services, we manage payroll efficiently, ensuring compliance with payroll regulations and providing peace of mind.

Aged Care Accounting Services - FAQs

  • Do you have accountants experienced in Aged care Accounting?
    Yes. We are already providing accounting, bookkeeping and payroll services to handful of aged care facilities in Australia. Hence, our accountants are well aware of the needs and glitches of Aged care
  • Do you provide tax Audit services for Aged Care facilities?
    Yes. We provide Tax Audit services for Aged Care facilities in Australia
  • Do you serve Aged care facility located in Melbourne?
    Yes. We provide tax and accounting services to Aged care facilities throughout Australia.
  • What is the cost of accounting for Aged care facility?
    The cost of Accounting provided depends on multiple factors and hence vary for each Aged care. However, we guarantee best prices for the services provided.
  • Should we pay any cost for initial discussion?
    No. We don’t charge anything for the initial consultation.
  • Do you provide phone support for Aged Care facilities?
    We generally provide support over email. However in case of emergency we are available over phone even on weekends.
  • Can you file tax returns for Aged care?
    Yes. We help our clients to file tax returns and get most reward back.
  • Does premierone help with bookkeeping for aged care?
    Yes. Our experienced bookkeepers have immense knowledge on aged care bookkeeping.

  • What is full cycle accounting?
    Full cycle Accounting is the process of maintaining and tracking of accounts by our accountants throughout the year.  Our accountants do these activities every year until the company remains in business.
  • What is GAAP in accounting?
    GAAP stands for Generally Accepted Accounting Principles. It is a collection of accounting rules and standards followed across the market for financial reporting. Our accountants follow these processes as they are seamless and error free.
  • What is Accounting Cycle?
    Accounting Cycle involves multiple steps for the accounting events of a company like identifying, analysing and recording. It begins with the start of a transaction and ends when the transaction is recorded financially in statements.
  • what is accrued income revenue in accounting?
    Accrued income is a revenue that is rightfully earned . Small businesses,  individuals and companies can all receive accrued income. Although it is not yet received, accrued income is recorded on the books as and when it is earned, in accordance with the accrual accounting method.
  • What is accrued income journal entry in accounting?
    Accrued income journal entry is the journal entry for income which is earned during a particular period, bit is yet to be received until the end of that period. Though the amount is not received, our accountants will add it to the journal as assets as per the modern rules of accounting.
  • What is the difference between accrued and outstanding in accounting?
    Accountants consider an income as accrued until it is not due for payment, while it is considered as outstanding while it is past due.
  • What is accrued revenue in accounting?
    Accountants term the revenue which is earned but not yet invoiced or received as accrued revenue. It is also known as unbilled revenue. It is part of Accrual Accounting.
  • Is Accrual accounting part of accounting services offered by premier one?
    Yes. All our accountants have expertise in accrual accounting and it is a part of our accounting services.
  • Should i add interest accrued in bank to accounts for filing tax?
    Yes. you should add the interest availed during that period during the tax filing. If you are not sure, our accountants will be help you in adding the same.
  • What is duality in accounting?
    It is a concept where accountants have to record every transaction in two different accounts. It forms the basis of dual entry accounting for all accounting frameworks for producing reliable financial statements
  • Do you help in solving issues with previous accounting?
    Yes. Our experienced accountants will help in resolving issues with previous accounting throughout Australia.

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Meet Our Team

Maru Natarajan

Managing Director

Maree Hamilton

Tax Accountant

Hirusha Jayasekara

Aged Care Accountant

Fransisco Silva

On-Call / Virtual CFO

Rohit Maru

JR Accountant

Charitha Ranasinghe

Manager - Client Services

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