Benefits For Accounting Practices
Cofficient is the solution that you have searched for .... an end to wading through shoe boxes of receipts.
· We will work with your clients on a daily basis to ensure their business is compliant and construct their accounts throughout the year.
· We will use the Chart of Accounts as recommended by you.
· At the end of the financial year, Cofficient will provide you with an electronic version of your client’s accounts. The accounts will be up-to-date ready for preparation of the tax return.
· This provides you with the time to focus on high-quality revenue and simultaneously reduce your cost base.
· We acknowledge the importance of your relationship with your clients and will work to enhance your current client realationship, as agreed between yourselves, your client and ourselves.
The Cofficient service comprises much more than a Bookkeeper can provide, yet does not encroach on the existing Client-Accountant relationship. The services range from daily payment and receipt of funds, and assistance with cashflow management, to the provision of monthly financial statements, completion of BAS returns and preparation of accounts for lodgement of tax returns by yourselves. Cofficient is not a tax agent, and does not intend to become one.
Note: In the case of Members who do not have their own legal entity and operate as a division of our management company (Cofficient Management Limited), the divisional return will continue to be completed by ourselves.
Please contact us if you would like to discuss any aspect of Cofficient in further detail.
|
