Accurate Accounts

Accurate Accounts Helping business owners get their numbers in order and make sense of their management accounts and financial reports. We donโ€™t just enter the data.

Accurate Accounts based in Perth, offer cloud-based paperless bookkeeping services to help small businesses grow. We are passionate about numbers and specialise in helping business owners make sense of their financial situation so that they can make informed decisions while doing what they do best. That is delivering their goods and services to their customers for a profit. We are dedicated to the

success of your business and understand that every business is unique. We take the time necessary to understand your business, why you exist, and what you want to achieve, which enables us to create personalised bookkeeping packages to suit your specific needs. The Accurate Accounts team consists of highly experienced certified bookkeepers, registered BAS agents and qualified accountants who provide professional, reliable and trustworthy bookkeeping services saving you time and money while staying compliant with ATO requirements and accounting standards. We understand and interpret it into meaningful facts and figures that you can make sense of, regardless of your mathematical ability or financial understanding. Our budgeting services help you to spend money strategically and our cash flow forecasting identifies issues well in advance to proactively manage your business's cash flow needs. Our clients have seen a powerful impact on their productivity, growth and bottom lines since outsourcing their bookkeeping to Accurate Accounts and we believe that you will too. If you are in business and looking for a bookkeeper who always puts you first, and really cares about nurturing a long-term relationship with you, then contact us today for a free no-obligation consultation.

When it comes to scaling your operations, sometimes the cash just is not there yet. That usually means it is time to app...
16/07/2026

When it comes to scaling your operations, sometimes the cash just is not there yet. That usually means it is time to approach a bank or an investor for funding.

While having a beautifully written business plan is important, the financial section is what actually secures the capital. If you present a plan that lacks clear financial forecasting demonstrating exactly how you will service a loan, an investor will politely decline, and a bank will immediately flag you as too high a risk.

The good news? You do not have to worry about putting together a detailed, complex financial section all by yourself.

At Accurate Accounts, we take the stress out of securing funding. No matter your industry, we work closely with you to understand exactly what you want to achieve. Once we have a clear picture of your needs, we will draw up comprehensive, tailored financials designed specifically to show lenders that your business is a solid, secure investment.

We hear this question from small business owners quite often:"My mate does [insert shady tax dodge or questionable repor...
14/07/2026

We hear this question from small business owners quite often:

"My mate does [insert shady tax dodge or questionable reporting practice] and it saves him heaps! Can't we just do that?"

The reality is, sure, people can try to fly under the radar, but absolutely not on our watch.

At Accurate Accounts, we are fiercely protective of the integrity of our clients' businesses, as well as our own. A sneaky saving here or a questionable deduction there will not mean much when the ATO comes knocking with an audit clipboard.

Good bookkeeping is about maximising your profitability and tax efficiency legally and safely. We ensure you get every single legitimate deduction you are entitled to, without ever having to lose sleep over an impending audit.

If you want to build a rock-solid, compliant business and keeps the taxman happy, we are the team to help you do it right.

In business, it is all about achieving goals. But while we often overestimate what we can do in a single week, we severe...
09/07/2026

In business, it is all about achieving goals. But while we often overestimate what we can do in a single week, we severely underestimate what we can achieve in a year.

If you want to ensure consistent growth and momentum, try adopting a two-step approach to your goal setting:

๐—ฆ๐˜๐—ฒ๐—ฝ ๐Ÿญ: ๐—ฆ๐—ฒ๐˜ ๐—ฅ๐—ฒ๐—ฎ๐˜€๐—ผ๐—ป๐—ฎ๐—ฏ๐—น๐—ฒ ๐—ง๐—ฎ๐—ฟ๐—ด๐—ฒ๐˜๐˜€
These are the baseline goals you know you can hit with hard work and dedication. They should be based on your past performance with a marginal increaseโ€”usually between 2% to 5%. Hitting these ensures steady growth and guarantees your business does not stagnate.

๐—ฆ๐˜๐—ฒ๐—ฝ ๐Ÿฎ: ๐—ฆ๐—ฒ๐˜ ๐—ฆ๐˜๐—ฟ๐—ฒ๐˜๐—ฐ๐—ต ๐—š๐—ผ๐—ฎ๐—น๐˜€
Once your baseline is set, it is time to push your comfort zone. Stretch goals drive you to do more and grow more. They require extra effort and time, but they still need to be realisticโ€”there is no point setting targets you know for sure are impossible.

Having a stretch goal ensures you do not just ease off the accelerator the moment you hit your initial targets. They motivate you to keep pushing forward, and when you finally achieve them, the victory is incredibly sweet!

๐™‹.๐™Ž. ๐™๐™๐™ž๐™จ ๐™ข๐™ž๐™ฃ๐™™๐™จ๐™š๐™ฉ ๐™–๐™ฅ๐™ฅ๐™ก๐™ž๐™š๐™จ ๐™ฅ๐™š๐™ง๐™›๐™š๐™˜๐™ฉ๐™ก๐™ฎ ๐™ฉ๐™ค ๐™ฅ๐™š๐™ง๐™จ๐™ค๐™ฃ๐™–๐™ก ๐™œ๐™ค๐™–๐™ก๐™จ, ๐™ฉ๐™ค๐™ค. ๐™‹๐™ช๐™จ๐™ ๐™ฉ๐™๐™š ๐™—๐™ค๐™ช๐™ฃ๐™™๐™–๐™ง๐™ž๐™š๐™จ ๐™ค๐™› ๐™ฌ๐™๐™–๐™ฉ ๐™ฎ๐™ค๐™ช ๐™ฉ๐™๐™ž๐™ฃ๐™  ๐™ฎ๐™ค๐™ช ๐™˜๐™–๐™ฃ ๐™™๐™ค ๐™ž๐™ฃ๐™ฉ๐™ค ๐™ฌ๐™๐™–๐™ฉ ๐™ฎ๐™ค๐™ช ๐™–๐™˜๐™ฉ๐™ช๐™–๐™ก๐™ก๐™ฎ ๐˜พ๐˜ผ๐™‰ ๐™™๐™ค!

When managing your finances, getting your account categorisation right is a delicate balancing act.On one hand, having e...
07/07/2026

When managing your finances, getting your account categorisation right is a delicate balancing act.

On one hand, having excessively detailed categories creates unnecessary work. We frequently see small business owners who have set up separate expense accounts for different types of stationery. While we love the attention to detail, separating your pens from your printer paper is simply not an efficient way to track your spending.

On the flip side, under-categorising is just as problematic. Dumping a huge chunk of your spending into lump-sum categories like "Miscellaneous" or "General Expenses" completely hides where your cash is actually going. It makes it nearly impossible for you, or your accountant, to track trends, spot profit leaks, or gain any comprehensive insights into your financial health.

Finding the exact right level of categorisation is the key to streamlined financial management. It allows for quick tracking, meaningful reporting, and highly efficient analysis.

If your chart of accounts is either a chaotic list of hundreds of micro-categories or one giant "Miscellaneous" bucket, Accurate Accounts can help. We work with you to identify the most relevant, useful categories tailored perfectly to your unique operations.

Reach out to us today on (08) 6243 1623, and let's simplify your accounts!

Unexpected expenses can completely derail your cash flow. But while surprises happen, your marketing and advertising sho...
02/07/2026

Unexpected expenses can completely derail your cash flow. But while surprises happen, your marketing and advertising should never be one of them.

Even if you are not spending heavily on it right now, mapping out a dedicated marketing budget is absolutely critical for your long-term success. Having it as a planned expense means you are never forced to pull funds from other essential areas of your operations when it is time to run a campaign.

Why is a set marketing budget so important for small business owners?

๐Ÿ”น Credibility: Consistent marketing helps establish your business as a trusted, reliable brand.

๐Ÿ”น Profit Boost: Strategic, short-term advertising can provide a quick increase to your bottom line.

๐Ÿ”น Steady Leads: It creates a reliable lead "tap" that you can turn on and off as your capacity allows.

๐Ÿ”น Front of Mind: It keeps you visible to both your existing, loyal customers and potential new ones.

By planning ahead and budgeting properly, you can comfortably leverage the expertise of professionals to get your business in front of the right people, effortlessly.

If you need a hand mapping out a solid financial plan so you can invest in growth without the stress, the team at Accurate Accounts is here to help!

Cybercrime is unfortunately on the rise, and as a small business owner, taking it seriously is an absolute must. While h...
30/06/2026

Cybercrime is unfortunately on the rise, and as a small business owner, taking it seriously is an absolute must. While having a solid insurance policy is a great safety net, your main priority should always be stopping breaches before they even happen.

Investing in good anti-virus software is the easiest and most effective first step. However, it is important to remember that it cannot catch everything, especially sophisticated threats like email intercept scams.

In these scams, hackers intercept an email and alter the payment details on an invoice. Because the email looks completely legitimate, it is incredibly easy for you or your team to unknowingly pay a fraudulent account. This is a costly error that often goes unnoticed for weeks or even months until the real supplier asks where their money is.

The absolute best defence? A simple phone call.

Before making any changes to a supplier's payment details in your system, you and your team should always contact the other party directly on a known, trusted phone number to verify the request.

Make sure you stay vigilant, and regularly check the ACCC website for the latest scam alerts and updates to stay one step ahead.

Earning extra cash on the side? The ATO wants to know about it.With the cost of living putting serious pressure on house...
25/06/2026

Earning extra cash on the side? The ATO wants to know about it.

With the cost of living putting serious pressure on households, picking up a side hustle through the gig economy is an incredibly smart move.

But whether you are doing freelance work or renting out a spare room, there is one crucial rule you cannot ignore: you must report every single cent you earn to the ATO.

Digital platforms leave a clear paper trail, and the ATO is watching this space closer than ever. You need to declare any payments you receive for:

๐Ÿ”น Ride-sourcing and delivery services (like Uber, rideshare, or food delivery).
๐Ÿ”น Short-term accommodation or property sharing (like Airbnb).
๐Ÿ”น Renting out personal assets (like vehicles, equipment, or even a parking space).
๐Ÿ”น Creating or selling digital content and online goods.
๐Ÿ”น Task-based or freelance services arranged online (like Airtasker or Fiverr).

How do you actually report it?

๐—œ๐—ณ ๐˜†๐—ผ๐˜‚ ๐—ฑ๐—ผ ๐—ป๐—ผ๐˜ ๐—ต๐—ฎ๐˜ƒ๐—ฒ ๐—ฎ๐—ป ๐—”๐—•๐—ก: You must include this in the 'Other income' section of your individual tax return.

๐—œ๐—ณ ๐˜†๐—ผ๐˜‚ ๐—ฎ๐—ฟ๐—ฒ ๐—ฎ ๐—ฆ๐—ผ๐—น๐—ฒ ๐—ง๐—ฟ๐—ฎ๐—ฑ๐—ฒ๐—ฟ (๐˜„๐—ถ๐˜๐—ต ๐—ฎ๐—ป ๐—”๐—•๐—ก): Include it as business income in the 'Business and professional items' section of your individual return.

๐—œ๐—ณ ๐˜†๐—ผ๐˜‚ ๐—ผ๐—ฝ๐—ฒ๐—ฟ๐—ฎ๐˜๐—ฒ ๐—ฎ๐˜€ ๐—ฎ ๐—–๐—ผ๐—บ๐—ฝ๐—ฎ๐—ป๐˜†: This must be included as assessable income on your company tax return.

Review your income carefully and make sure everything from your digital platforms is accounted for before you hit submit.

If you are staring at your Xero dashboard or feeling completely lost inside MYOB, you are not alone. Accounting software...
23/06/2026

If you are staring at your Xero dashboard or feeling completely lost inside MYOB, you are not alone. Accounting software is meant to make your life easier, but it can be incredibly frustrating when you do not know how to utilise its features properly.

Did you know the team at Accurate Accounts offers dedicated training?

We can get you fully up to speed and entering your data with absolute confidence in no time. Whether you want to master the basics of invoicing, learn how to reconcile properly, or just stop guessing where to code your expenses, we can show you exactly how it is done.

The best part? This service is not just for our existing bookkeeping clients. It is open to any Perth business owner who wants to level up their financial skills and maybe even make their tax accountant's life a little bit easier at the end of the financial year!

Stop battling with your software. Give us a call today on (08) 6243 1623 or send an email to [email protected] to find out how we can tailor a training session just for you.

Cybercrime is not going away anytime soon. For business owners, prioritising your cyber security is absolutely vital. Wh...
18/06/2026

Cybercrime is not going away anytime soon. For business owners, prioritising your cyber security is absolutely vital. While having insurance is a helpful safety net, the primary goal must always be stopping breaches before they happen.

Investing in a reliable anti-virus program is a great first step, but it will not catch everything. Sophisticated attacks, like email intercept scams, are designed to bypass your software by tricking you or your team directly.

These scams occur when a hacker intercepts an email and quietly changes a supplier's payment details. Because the email looks perfectly legitimate, the change often goes completely unchecked until weeks later when the real supplier asks why they have not been paid.

The fix is surprisingly simple: adopt a strict verification process. Whenever you receive a request to change payment details, pick up the phone and call the supplier directly on a trusted, previously established number to confirm it.

Stay vigilant, keep your team informed, and regularly check the ACCC website for the latest scam alerts. Staying up-to-date is the best way to stay one step ahead of potential threats.

For a lot of business owners, payroll is a weekly headache. Between tracking fluctuating hours, keeping up with changing...
16/06/2026

For a lot of business owners, payroll is a weekly headache. Between tracking fluctuating hours, keeping up with changing award rates, and managing superannuation compliance, it takes up a serious amount of your valuable time.

And if you rely on a single staff member to run it, a simple sick day or holiday can throw your entire week into chaos.

Outsourcing your payroll to Accurate Accounts completely eliminates that risk. You get a dedicated team ensuring continuity of service, meaning your staff are paid accurately and on time, every single time, no matter what.

But it is not just about avoiding disruptions. Handing your payroll to professionals means:

โ˜‘๏ธ Reduced costs: You save thousands on internal administrative labor.

โ˜‘๏ธ Flawless compliance: We minimise errors on PAYG, super, and payroll tax, keeping the ATO happy.

โ˜‘๏ธ Up-to-date tech: You never have to worry about updating software or changing tax tables again.

Let us handle the numbers securely so you can focus on building your team and growing your operations.

Give the Accurate Accounts team a call on (08) 6243 1623 today to get a seamless payroll system sorted.

Address

3 Rosslyn Street, West Leederville
Perth, WA
6007

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+61432097969

Alerts

Be the first to know and let us send you an email when Accurate Accounts posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Accurate Accounts:

Share

Category