Service Scope
| Service | Scope |
|---|---|
| Bookkeeping | 1. Monthly reconciliation of bank and credit card statements & accounts receivable and accounts payable 2. Paperless Payables – Supplier invoices and receipts imported via online software(HubDoc; Xero Embedded software) 3. Provision of Year-end Financial Statements(Balance Sheet, P& L Statement) 4. Debtor reminders 5. Maintain data feeds into your accounting software files 6. Troubleshooting & support |
| Payroll | 1. Processing of periodic wages 2. Calculate superannuation for employees if applicable 3. Calculate and track accrued vacation and sick time or other benefits 4. Provide direct deposit for your employees 5. Online access/emailing employees payslips 6. Preparation of Annual PAYG Payment Summaries (for the year ended) 7. Preparation of Annual WorkCover estimates 8. Lodging the Empdupe file through the ATO portal 9. STP Lodgement |
| Reporting | 1. Income statements (Profit & Loss account) 2. Cash summary 3. Balance Sheet 4. Accounts Receivables due and Aged Debtors details 5. Accounts Payables due and Aged Creditors details 6. A Board Report 7. A contribution analysis report (by project and/or client) |
| Service | Scope |
|---|---|
| Advisory | 1. Management reporting 2. Budget / Cashflows 3. Relevant laws & regulation advice 4. New Structure Advice 5. Tax advice 6. Financial and key KPIs advice 7. Accounting software advise 8. Bookkeeping advice 9. Follow-up meetings 10. email and telephone support |
| Service | Scope |
|---|---|
| BAS / IAS | 1. General advice, attendances to ATO reports 2. Preparation and lodgement of Business(Instalments) activity statements (BAS/IAS) 3. Review of your operation of BAS/IAS for compliance with regulations and best practice 4. Complete BAS/IAS computations for the reporting periods 5. Attendance to the subsequent lodgement of the Business(Instalments) Activity Statement (BAS/IAS) with the ATO 6. ATO Payment arrange via tax agent portal (twice a year) |
| Income tax-Business | 1. Preparation of company financial statements and Company/Business Taxation Returns 2. Preparation and lodgement of company/Business tax return per ATO guidelines 3. Prepare tax reconciliation and other schedules where required 4. ATO Payment arrange via tax agent portal (twice a year) |
| Income tax-Individual | 1. Preparation of Income Tax Returns & associated schedules 2. Electronic lodgement of Income tax Returns 3. Lodgement with ATO Review of Notice of Assessment to ensure correct tax calculation |
| Service | Scope |
|---|---|
| Xero-setup | 1. Chart of account 2. Suppliers/ Customer contacts 3. Bank setup and Bank feeds 4. HubDoc Setup 5. Payroll setup 6. Superannuation setup(Include auto super If applicable) 7. Initial training 8. Support Queries included |
| AD-hoc | 1. Development of Excel template 2. Other Adhoc jobs when requested |
Package Guide
| Bookkeeping Package From $335 / month | Tax Package From $243 / month | Book+Tax package From $798 / month | Full Package From $1,568 / month | ||
|---|---|---|---|---|---|
| Accounting | Bookkeeping | V | – | V | V |
| Payroll | – | – | V | V | |
| Reporting | – | – | – | V | |
| Advisory | Advisory | – | – | – | V |
| Tax | BAS / IAS | – | V | V | V |
| Income tax-Business | – | V | V | V | |
| Income tax-Individual | – | V | V | V | |
| Other | Xero-setup | V | – | V | V |
| Adhoc | V | – | V | V |
Individual Services
Bookkeeping
- Up to 100 transaction
- Up to 200 transaction
- 300 + transaction
TAX
- BAS/IAS
- Income tax return
- Other tax matters
Advisory
- Monthly Advisory
- Quarterly Advisory
Xero
- Setups
- Post-Setup support
- Traning and support
| Price guide | Additional Schedule | ||
|---|---|---|---|
| Individual | Starts from $150 | + $75 per schedule | |
| Partnership | Flat rate of $300 + Individual Partner’s Tax Return | + $75 per schedule | |
| Company/Trust | Flat rate of $2,000 | additional fees may apply if we work from raw data. (Refer to Bookkeeping Price) |
| Price guide | Descriptions | ||
|---|---|---|---|
| Qtr BAS Only | BAS : $300 per lodgement | Account review & preparation of BAS | |
| Qtr BAS + Mth IAS | BAS : $300 / IAS : $100, per lodgement | Account review & preparation of BAS | |
| Monthly BAS | BAS : $300 per lodgement | Account review & preparation of BAS |
| Price guide | Descriptions | ||
|---|---|---|---|
| Bookkeeping | $3 per transaction (eg, 100 bank transaction ; $300 per month) | Bank recon, Invoice input , Preparing Year end FS | |
| Payroll | $30 + $5 per employee per each payroll (eg, 5 employees & Weekly ; $55 per each payroll) | Basic payroll admin(Payslip,Leaves..) + hiring / resigning, year end, STP, Super |
| Price guide | Descriptions | ||
|---|---|---|---|
| Reporting | $300 per report pack | Monthly FS, AR, AP Aging report + contribution analysis report | |
| Advisory | $600 per report pack | Mgt reporting, Budget, Forecasting, Advisory, Tax planing | |
| TPAR | 10 Sub-contrator : $100 + $15 per additions | Review of data & Preparation of TPAR | |
| Xero Setup | One-off $600 | Includes Xero account(prior year TB) + Payroll(upto 5 Emplyees) + Hubdoc setup + 1 hour training | |
| Registration | Each registration for $65 | ABN, TFN, GST, PAYG |
Package Services
The below table is an example of our package service, and you can customize the service
whatever you want and that suits your core compliance and advice needs; for more information, please contact us.
Aquamarine 1
- Bank reconciliation
- Invoice
- Year end FS
- + Xero Setup * + Subscription
- + Other Supporting **
Aquamarine 2
- Bank reconciliation
- Invoice
- Year end FS
- + Xero Setup * + Subscription
- + Other Supporting **
Aquamarine 3
- Bank reconciliation
- Invoice
- Year end FS
- + Xero Setup * + Subscription
- + Other Supporting **
* Xero Setup is a complimentary service for the clients who engage us for package services for a minimum engagement period of 1 yr.
If the client terminates the contract prior to the end of the minimum engagement period, we will charge $600 for this service on a prorata basis.
** Management of ad-hoc tasks and other support services may be provided within the scope of the agreed annual service hours.
Gold 1
- Qtr BAS
- ITR-Business
- ITR-Individual
- TPAR
- + ATO Payment Arrange ***
Gold 2
- Qtr BAS + Mth IAS
- ITR-Business
- ITR-Individual
- TPAR
- + ATO Payment Arrange ***
Gold 3
- Mth BAS
- ITR-Business
- ITR-Individual
- TPAR
- + ATO Payment Arrange ***
*** ATO Payment plan arrangement service is a complimentary service only available to the clients:-
– who use our Tax package service or other packages with tax services; AND
– whose circumstances allow us to arrange a payment plan via the Tax Agent Portal.
Where a payment plan cannot be arranged via the Tax Agent Portal due to the client’s circumstance and the arrangement must be made over the phone,
an additional fee will be charged.
Sapphire 1
- Bookkeeping
- Payroll
- Tax (Qtr BAS + ITR)
- Company Tax return
- TPAR
- FS Review
- Director’s ITR
- + Xero Setup * + Subscription
- + Other Supporting **
- + ATO Payment Arrange ***
Sapphire 2
- Bookkeeping
- Payroll
- Tax (Qtr BAS,IAS + ITR)
- Company Tax return
- TPAR
- FS Review
- Director’s ITR
- + Xero Setup * + Subscription
- + Other Supporting **
- + ATO Payment Arrange ***
Sapphire 3
- Bookkeeping
- Payroll
- Tax (Mth BAS + ITR)
- Company Tax return
- TPAR
- FS Review
- Director’s ITR
- + Xero Setup * + Subscription
- + Other Supporting **
- + ATO Payment Arrange ***
* Xero Setup is a complimentary service for the clients who engage us for package services for a minimum engagement period of 1 yr.
If the client terminates the contract prior to the end of the minimum engagement period, we will charge $600 for this service on a prorata basis.
** Management of ad-hoc tasks and other support services may be provided within the scope of the agreed annual service hours.
*** ATO Payment plan arrangement service is a complimentary service only available to the clients:-
– who use our Tax package service or other packages with tax services; AND
– whose circumstances allow us to arrange a payment plan via the Tax Agent Portal.
Where a payment plan cannot be arranged via the Tax Agent Portal due to the client’s circumstance and the arrangement must be made over the phone,
an additional fee will be charged.
RUBY
- Bookkeeping
- Payroll
- Tax(Qtr BAS + ITR)
- Reporting
- Business Advisory
- + Xero Setup * + Subscription
- + Other Supporting **
TOPAZ
- Bookkeeping
- Payroll
- Tax (Qtr BAS,IAS + ITR)
- Reporting
- Business Advisory
- + Xero Setup * + Subscription
- + Other Supporting **
Diamond
- Bookkeeping
- Payroll
- Tax (Mth BAS + ITR)
- Reporting
- Business Advisory
- + Xero Setup * + Subscription
- + Other Supporting **
The monthly service fees specified above may vary if you add add-ons.
* Xero Setup is a complimentary service for the clients who engage us for package services for a minimum engagement period of 1 yr.
If the client terminates the contract prior to the end of the minimum engagement period, we will charge $600 for this service on a prorata basis.
** Management of ad-hoc tasks and other support services may be provided within the scope of the agreed annual service hours.
About our pricing
FIXED SERVICE FEES
Once the scope of the service is settled, there is no hidden cost and the only fees payable will be the amount specified in the engagement letter. You will be able to enjoy our services without worrying about incurring additional costs.
BUY NOW, PAY LATER
5ECA does not require any advance payments. Even for the services with a service duration of 1 year or longer, you can try our services first and pay a month later as long as you complete the engagement letter There is no lock-in contract period and you can cancel any time.
PREMIUM SERVICE with UNLIMITED VALUE
Our Package Service includes all accounting services. We will also provide some additional services such as seamless management of ad-hoc tasks & support services to enhance the completeness of the service.
Enquiry
Do you have any questions about our packages or services? Send us a message using the form below. We will contact you within 1 business day.