Accounting for medium-large businesses requires a higher level of organisation and information to help make better decisions.
There is a greater need for real-time financial information as well as stronger financial controls to manage the complexity involved effectively and efficiently.
Auctus’s accountants and advisors can chart a smooth course to help your business reach its growth potential.
ACCOUNTING SERVICES FOR MEDIUM-LARGE BUSINESS
Our Medium-large business accountants and advisors are here to guide you – removing roadblocks and walking with you on the pathway to success.
Medium-large business accounting includes efficient bookkeeping and financial reporting that lead to better decision making.
Financial statements provide a snapshot of your business’ performance, operations, and cashflow. We produce reports that are meaningful, with advice on how to read and analyse the information – without the jargon – to help you find the information you seek, and guide and educate you on your business growth journey.
Often complex and varying from business to business, our tax experts tailor our services to meet your medium-large business needs. Whether it’s on-going tax compliance, streamlining your processes, or a simple tax return, we are here to make sure you meet your legal requirements and business goals. Here at Auctus, we can help you with:
- Company, Trust, Partnership and Individual returns
- Advice on tax payments
- Tax/GST/FBT/RWT/PAYE/ACC obligations and business health checks
- Effective trust structures for asset protection and tax minimisation
- Managing any IRD audits or disputes
- Access to Tax Pooling to manage cashflow
- Tax type registrations
Cashflow Forecasting & Budgets
Failing to plan is planning to fail. At Auctus, we delve deeper into the cashflow in your business, and provide guidance on changes you could implement. When you’re assigned an advisor, they will sit with you to create a cashflow forecast customised to your business, then curate goals, with an actionable plan.
We act as a guide for people on their business growth journey. We’ll hold you accountable and teach you the difference between profit and cash by taking a closer look at your businesses cash conversion cycle.
Do you struggle to understand what all the numbers mean? It’s important for any medium-large business to understand their finances and how key decisions impact the bottom line.
Our financial planning services look at all elements of a business’ financial profile, formulating a plan to help meet your business goals. What sets our team apart is our commitment to service. We don’t just deliver – we discuss your financial results and develop a process to produce and interpret reports on a regular basis.
Fringe Benefit Tax
In your business, you might provide your employees with benefits above and beyond their wages. These non-cash benefits are known as fringe benefits, and with four different types it’s important to understand which ones you need to pay tax on. Rules for FBT payments change on a regular basis, so if you’re an employer that enjoys sharing benefits with your team, we are here to make sure you make informed decisions and don’t pay more tax than you should.
We go beyond the basics of medium-large business accounting to offer real-world, real-time advice and innovative market responses. We’re in this together – whether it’s walking the walk or talking the tech talk.
Choosing the right business type can be tricky. We understand structures – from single company formats to multi-level portfolios with numerous entities. The implications for effective medium-large business accounting systems are critical.
Let us talk you through your different options, from a company, partnership, or limited partnership to a look-through company or Trust. We’ll seek to understand your goals for the future to ensure that you get this important decision right from the start.
Tax Planning & Structure
If you’re buying or selling property or a business, or perhaps a large business asset, the key is maximizing your tax position – and get it right from the start. At Auctus, we’re a team of experts at medium-large business accounting as well as business advisors who can help you manage your obligations and transactions, while eliminating the overwhelming amount of taxation information out there. We’ll share practical tax solutions and plan your tax structure (personal or business) so you can have peace of mind, right from the get-go.
Strategy Development & Implementation
An effective business strategy serves as a blueprint for the different aspects of running your business, from hiring to organisational structure. We’re dedicated to helping you lower your risks, strengthen your operations, and implement an effective plan of action to heighten your business strategy. From high-end reviews of business models, we can work with you to effectively identify strategic initiatives that support your objectives and growth plan.
MEDIUM-LARGE BUSINESS SERVICES
Large business have their own challenges and complexities which can be difficult to navigate. Auctus love to help businesses develop the systems needed to grow and reach their potential.
Virtual Chief Financial Officer (vCFO) gives startup and small businesses the same possibilities as their larger competitors. We understand that the growth of NZ businesses affects more than the business – it is the growth of the family and personal lives of business owners. Having a mature inhouse finance function is a luxury that many businesses cannot afford, often leaving the business owner chewing up valuable time on finance and accounting operations. Limited time and often a lack of financial acumen results in tasks being done simply to ‘tick the box’.
Don’t just tick the box. Choose Auctus as your strategic partner to add value-driven analytics, allowing you to implement proactive decision making. We can custom build a plan to strengthen the way your back-office processes and reporting operates, leaving your business with a strong and contributing finance function. This plan will include expanding your financial understanding through regular reporting and discussions with our team.
Mergers & Acquisitions
There are several scenarios in which you might wish to attain a business enterprise. Whatever the situation, we can minimise the stress in the process and maximise the opportunity for you. Are you getting a good deal? Is the business right for you? Can you afford it? Have all avenues for future growth been investigated?
The services we provide incorporate every stage of the process, from identifying potential acquisitions and negotiating the commercial elements of the transaction, to forecasting the future of the business. What can we help with?
- A review of your goals and objectives
- Due diligence services
- Preparation of financial forecasts
- Advice on potential pitfalls and rewards involved in a merger
- Assistance with purchase negotiations
- Advice on financing
- Assistance with preparing a business plan
Digital tools and apps are the way of the future – and we’re happy to say, we’re already there.
When we walk a mile in your shoes, we get the inside information on how you work, your pressure points and insight into what has happened in the past, and what’s happening now.
We know it can be confusing, but if you want to save time, have a life outside of paperwork and be smart with your business then start uploading, downloading, and installing! We’ll transform how you access your data and make sure you’re getting the best from the tools you use.