Financial Admin encompasses the recording of financial transactions, preparing documents for transactions and ensuring that a business’ financial data is reliable.
Controlling the budget
Writing financial reports
Providing money for projects
Responsible for the overall fiscal management
Bookkeeping, Payroll, Tax/BAS lodgements
What Financial Administration included on the day to day?
Keep track of sales, purchases, payments and receipts.
Work on the design maintenance and review of internal business processes.
Organise, collate and record financial data on a day-to-day basis and store this information in general ledgers.
Record the financial information of your business in a standard way, so that accountants can also access it.
Managing all business activity ATO lodgements.
Providing timely and accurate reports.
Payroll, STP and Superannuation lodgements.
What are the benefits of Financial Administration?
Equip business owners and operators with information about how their business is tracking at any given time.
Stakeholders have a good experience with interacting with the business. For example, suppliers get paid on time, invoices are issued in a timely manner and lenders and shareholders have accurate and reliable information to make decisions.
Businesses have the right information to make informed decisions.
Businesses have the correct information to make lodgements with the tax authorities.