SMALL BUSINESS ACCOUNTING | MELBOURNE
Fixed-Fee Small Business Accountant Melbourne
Led by Sergiy Kucherenko CPA and Geoffrey Tulett CPA, both registered tax agents. Forty Two Advisory Pty Ltd is a CPA practice and registered tax agent (TPB 26303651), based in Moorabbin and Chadstone. Prefer to talk first? Call 03 9997 7081.
Your Accounting Team
CPA-Led Accounting with Practical Business Support
42 Advisory is a CPA practice and registered tax agent. Our directors, Sergiy Kucherenko CPA and Geoffrey Tulett CPA, are members of CPA Australia and registered tax agents, and we work in Xero and MYOB to keep your records current. Meet our directors.
Is this the right fit for your business?
Who this suits
Owners of companies, trusts or family groups that are GST registered or employ staff and need two or more of an annual return, quarterly BAS, bookkeeping, payroll and corporate secretarial.
Not the right fit
A single one-off request, such as one return or one lodgement, is handled on a separate quote rather than inside a monthly package.
How the fee works
Fixed fees, agreed in writing after your initial meeting. BAS is a fixed fee agreed in writing.
What does a small business accountant do?
A small business accountant prepares the tax, reporting and compliance work a business needs each year: company, trust and partnership tax returns, BAS and IAS, ASIC obligations and financial statements. Bookkeeping, payroll, tax planning and advice are added where the business needs them. The scope and fee are agreed in writing before work starts.
How much does a small business accountant cost in Melbourne?
The cost depends on your structure, the number of entities, transaction volumes, payroll and the advice you need. A fee agreed in writing for a defined scope, before work starts, removes the uncertainty of hourly billing.
Fixed fees, agreed in writing after your initial meeting. Work outside the agreed scope is quoted before we start. See fixed-fee accounting versus hourly billing.
Fees and inclusions
What is included in a fixed-fee package?
A fixed-fee package covers the services agreed in your written proposal. The usual building blocks are the annual accounts and tax return, BAS and IAS, bookkeeping, payroll, ASIC corporate secretarial and tax planning. Your proposal states what is included, how often and who is responsible for each task.
| Service | What your proposal specifies |
|---|---|
| Annual accounts and tax return | Financial statements and the income tax return for each entity |
| BAS and IAS | Preparation or review, lodgement frequency and who supplies the source records |
| Bookkeeping | Xero reconciliations, any catch-up work and reporting frequency |
| Payroll | Pay frequency, Single Touch Payroll and superannuation support |
| ASIC corporate secretarial | The annual company review and changes to officeholders and shares |
| Tax planning and advice | Meetings, written advice and forecasts included |
| Other costs | Software subscriptions, government charges such as ASIC fees, and work quoted separately |
Book a 30-minute initial meeting to discuss a fixed-fee package for your business.
CPA or bookkeeper
Should my business use a CPA or a bookkeeper?
A bookkeeper records and reconciles transactions through the year. A CPA prepares financial statements and tax returns, advises on structure and tax, and is accountable to a professional body. Most businesses with a company or trust need both functions, and a fixed-fee package can combine them under one team.
Our Xero-based bookkeeping service covers bank reconciliation, payroll with Single Touch Payroll and superannuation, and BAS and IAS lodgement. Our CPA accountant service covers company, trust and partnership returns, tax planning before 30 June and ASIC compliance. Owners can add personal tax returns and virtual CFO support.
We also act for builders and tradies and e-commerce businesses. Specialist work such as the R&D Tax Incentive sits outside the package and is quoted in writing before it starts.
Getting Started
How Our Small Business Accounting Service Works
1. Discuss your business
Tell us about your structure, accounting software, current obligations and where you need support. The first meeting is free, takes 30 minutes and is held by video call.
2. Agree the scope and fee
We send a written proposal setting out the services, who is responsible for each task, the information we need from you and your payment arrangements.
3. Set up your accounting calendar
Once you engage us, we arrange access to your records, confirm the deadlines that apply to your entities and set the reporting and review schedule agreed for your business.
Choose a time for your 30-minute initial meeting
Professional Oversight
Meet Your Melbourne Accounting Advisers
Sergiy Kucherenko CPA, Director. Sergiy trained in engineering and computer science before moving into public practice. He leads the firm's tax, accounting and financial reporting work for business owners, with client experience across e-commerce, SaaS, construction and medical and dental practices.
Geoffrey Tulett CPA, Director. Geoffrey leads the firm's business valuation and CFO advisory work, including sale-readiness and management equity engagements.
Both directors are members of CPA Australia and registered tax agents, and you deal with them directly. Read our directors' profiles.
If your company is audited, or you prepare special or general purpose financial statements, see our CPA-led reporting for audited and complex entities.
Small Business Accountants in Moorabbin, Chadstone and South-East Melbourne
Our office is at 13–15 Cochranes Road, Moorabbin VIC 3189, and we also meet clients in Chadstone. We work with small businesses across Melbourne’s south-east, including Moorabbin, Chadstone, Bentleigh, Oakleigh, Carnegie, Caulfield and Burwood, and with businesses elsewhere in Melbourne by video call.
Common Questions About Fixed-Fee Small Business Accounting
Frequently Asked Questions
How much does a small business accountant in Melbourne cost?
Fees depend on your structure, transaction volumes, payroll, the condition of your records and the advice required. Fixed fees, agreed in writing after your initial meeting. BAS is a fixed fee agreed in writing.
What does fixed-fee accounting mean?
It means agreeing the price for a defined scope of services before work starts. The proposal explains inclusions, exclusions, payment timing and when fees are reviewed. Additional entities, higher transaction volumes or new advisory work may require a revised quote, which we agree with you first.
What is included in a fixed-fee small business accounting package?
It depends on the scope you choose. Our packages commonly cover company, trust or partnership returns and financial statements, BAS and IAS, ASIC annual reviews and a pre-30 June tax planning review. Bookkeeping, payroll and virtual CFO support are added where the business needs them.
Can you help me change accountants?
Yes. Once the engagement is agreed, we explain the records and access required and, where you authorise it, coordinate the handover with your previous accountant. You may also need to nominate us as your registered agent through ATO online services. The ATO explains how to nominate your registered agent.
How do I choose an accountant for my small business?
Check that the accountant is a registered tax agent on the TPB public register and whether they hold a professional membership such as CPA Australia. Then compare experience with businesses like yours and how clearly they set out scope and fees. Both 42 Advisory directors are CPA Australia members and registered tax agents.
Discuss your accounting needs
Book a 30-minute initial meeting
The information provided is general in nature and does not constitute specific tax, legal, or financial advice. We recommend seeking professional advice tailored to your individual circumstances.