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Accounting For Trades People

The Trade and Construction industry requires an accountant who will aim to simplify the record keeping and book keeping side of business.

Long hours and physical demands associated with your trade often mean accounting and taxation issues such as GST, PAYG and Superannuation do not get the attention required.

The areas of cash flow, job costing, quotes, invoicing tracking retentions and paying sub-contractors, to name only a few are equally as important.In the 2011-12 federal budget, the government announced a new requirement by certain businesses to report annually to the ATO on payments made to contractors in the building and construction industry.

At F Trotta & Co we know how important it is to attend to these matters.  With so many software packages available it is often difficult for you to find one which best suits.

We can discuss this with you and guide you through the software program that is best tailored to meet your needs, from double entry accounting or just keeping tracking receipts and payments and preparing your BAS easily.

If you are looking to start a business in the trades talk to us about our comprehensive guide “Starting or Buying a Small Business”.

To see the range of services we can offer simply click through the website today and call us to arrange a suitable time.

Let us show you how you can get rid of that “shoebox” of papers and provide you with valuable knowledge to grow and understand your business.