Accounting

Strategy Driven Professional Accounting Services in Australia

In an Australian business context, good accounting practices translate to ensure compliance with the Corporations Act 2001, meeting Australian Accounting Standards Board (AASB) requirements, and enables effective engagement with stakeholders including banks, investors, and the ATO. Accounting experts at Ray Accounting Group can help you in ways far beyond mere bookkeeping and standard compliance. We help you interpret your financial data for developing actional insights that can minimize risk and optimize cash flow for your business.

The Strategic Priority of Good Accounting Hygiene

As your strategic partner, Ray Accounting Group integrates regulatory compliance in your accounting practices so you can make financial decisions with confidence. Whether you're a small business, a growing enterprise, or need help with managing personal finances, our accounting services can align your business with Australian taxation laws, ASIC compliance, and ATO reporting requirements. We help you make better decisions, meet your obligations in a cost-effective and a timely manner, so that you stay in full control of your financial future.

Specialist Accounting Services in Australia

Tax Accounting (ATO Compliance & Strategy)

Our Tax accounting experts in Western Sydney are well versed with the complexities inherent to Australia tax Law regimes. We ensure that your individual or business tax affairs are structured to minimize liability while remaining fully compliant with the Income Tax Assessment Acts 1936 & 1997. Our agile process ensures that we can integrate any updates in tax law. Hire Tax Experts in Western Sydney who will help you identify legitimate deductions, offsets and incentives that you are eligible for. Our services include:

➢ BAS and GST preparation
➢ Income tax returns for individuals, sole traders, partnerships, trusts, and companies
➢ Tax planning and forecasting
➢ Fringe Benefits Tax (FBT), Payroll Tax and CGT advisory
➢ Lodgment and compliance with ATO deadlines

Financial Accounting

Outsourcing your accounting department so financial accounting experts can prepare clear, accurate financial reports that reflect your true business position. Our financial accounting services align with Australian Accounting Standards and can be used for internal decision-making, apply for loan applications, investor due diligence, or take help for ASIC compliant financial reporting. Hire Financial Accounting Experts at Ray Accounting Group in Western Sydney for the following expertise:

➢ General purpose & special purpose financial statements
➢ Profit and Loss, Balance Sheet, and Cash Flow Statements
➢ End-of-year accounts and reconciliation
➢ Statutory financial reporting obligations

Credit Accounting & Accounts Payable/Receivable Management

Unmanaged credit can cause stress in cash flow. At Ray Accounting Group we provide expert oversight of accounts payable and receivable to improve your firm’s liquidity and reduce aged debt. Credit Accounting also helps in maintaining supplier and customer confidence, which improves your company’s reputational equity. Take Credit Accounting Services in Australia

➢ Credit control systems and payment tracking
➢ Aged debtor reporting
➢ Cash flow forecasting and working capital analysis
➢ Payment terms advisory

Cloud Accounting & Digital Transformation

Ray Accounting Group is a leading facilitator of Cloud Accounting Services in Sydney, Australia. We specialize in cloud-based platforms like Xero, MYOB, and QuickBooks, and many more; enabling you to access real-time financial data and experience growth led by data driven decision making. Collaborate with us for secure cloud accounting and reduce paperwork. Our cloud accounting services include:

➢ Full setup and integration of cloud platforms
➢ Automated invoice management and bank feeds
➢ Payroll and STP (Single Touch Payroll) setup
➢ Real-time data dashboards for financial insights
➢ Secure document sharing and client portal