"Business Accounting Services"
We know finances and compliance can feel overwhelming — so we’ve made it simple. Below you’ll find answers to the most common questions our clients ask.
Home / FAQs
General Questions We Often Get From New Clients
Yes — software handles your transactions, but we handle compliance, strategy, and advice tailored to your business.
We handle data entry, bank reconciliation, accounts payable/receivable, and monthly reporting — all ATO-compliant.
We offer transparent, fixed pricing based on your business needs — no hidden fees or hourly surprises.
Yes. We’ll handle the transition, collect necessary documents, and ensure continuity with the ATO.
We support a wide range — from trades and medical practices to online businesses and service providers.
Not at all. While we’re proudly based in Sydney, we work with businesses all across Australia using secure cloud platforms and flexible communication.
Whether you’re just starting out or switching from another accountant, these are the most common questions businesses ask when first working with us.
02 8613 3924
Whether you’re scaling your team, thinking long-term, or managing compliance across the board — these FAQs go deeper into the real challenges businesses face.
Keep your books in order and avoid costly surprises.
Yes, we support clients through every step of an ATO audit or review. That includes reviewing your financials, helping gather the right documentation, and communicating with the ATO on your behalf. Our goal is to take the stress off your shoulders and ensure your records stand up to scrutiny — while resolving any compliance gaps before they become penalties.
A compliance review checks all your key obligations: BAS lodgments, GST accuracy, super payments, payroll reporting (STP), and income tax compliance. We also look for missed deductions or reporting errors that could cost you. These reviews give you peace of mind that everything’s accurate, timely, and ATO-compliant.
Yes — and many of our clients prefer this approach. By managing both under one roof, we ensure that your payroll data feeds directly into your financial reports, super gets paid on time, and employee entitlements are correctly tracked. It saves time, reduces errors, and keeps your cash flow and compliance in sync.
Not anymore. The ATO accepts electronic records, provided they are accurate, secure, and stored for at least five years. We help businesses transition to paperless systems like Xero and Dext — so receipts, invoices, and reports are saved securely and easily searchable if ever needed.
We set up automated reminders, dashboards, and aged receivables reports in tools like Xero. You’ll know exactly who owes you, how long they’ve owed it, and what actions to take. These tools improve cash flow, reduce admin time, and make it easier to follow up on late payments.
Absolutely. If your Xero file is messy, miscategorised, or out of sync, we can clean it up — fixing chart of accounts, correcting GST codes, reconciling transactions, and ensuring your reports are meaningful again. We also help new clients migrate from MYOB or QuickBooks to Xero with zero downtime.
Yes. With cloud accounting software, your data is accessible 24/7. We can set up automated monthly reports or build custom dashboards so you can check performance metrics in real time — whether it's sales, profit margins, or cash flow. Plus, we help interpret the numbers and provide actionable insights.
At minimum, quarterly — but monthly is ideal for growing businesses. Regular reviews help you spot trends, adjust your strategy, and plan for tax time. We offer tailored packages that include proactive check-ins and support, so you're never left guessing about your business performance.
Move from reactive to strategic with expert guidance.
We apply ATO-compliant strategies tailored to your business, including maximising deductions, structuring income effectively, and timing expenses strategically. Whether through small business concessions or super contributions, our approach is about reducing tax while keeping you 100% compliant.
Once your turnover hits $75,000 annually (or $150,000 for non-profits), GST registration is mandatory. However, in some industries, early registration is beneficial. We guide you on the right timing and manage the process for a smooth setup.
Yes. A budget helps manage spending, while a forecast predicts income and cash flow. We create accurate, practical forecasts to help you make confident decisions, avoid cash flow issues, and grow sustainably.
Absolutely. We prepare your financials and business reports to meet lender requirements and improve your chances of approval. We also guide you on structuring the finance to support long-term cash flow and growth.
That depends on your goals. Whether you're starting fresh or restructuring for growth, we’ll recommend and set up the right structure — from sole trader to company or trust — to support your tax efficiency, asset protection, and scalability.
Yes. Beyond tax, we offer strategic advice — from pricing and performance analysis to cash flow planning. We act as your financial partner, helping you make smarter decisions month to month.
When bookkeeping starts costing you time or confidence. If you're falling behind on BAS, unsure about compliance, or making decisions without data — it's time to bring in professional help.
Definitely. We take the stress out of EOFY by reconciling your books, reviewing your compliance, lodging returns on time, and helping you reduce next year’s tax. You’ll also get clear reports to guide future planning.
Book a free, no-obligation consultation with one of our experienced advisors. We’ll walk you through your options and show you how we can help your business thrive.
© 2025 NOBLE BUSINESS SOLUTIONS PTY LTD. All rights reserved.
Website designed by GemWeb