Question 1

What does a business accountant do?

Accepted Answer

A business accountant helps manage your financial records, prepare BAS statements, monitor cash flow, provide financial reporting and ensure tax compliance. A business accountant also offers strategic advice to improve profitability and support long-term growth.

Question 2

Do I need a business accountant or just a bookkeeper?

Accepted Answer

A bookkeeper manages day-to-day transactions and keeps your records organised. A business accountant provides higher-level financial reporting, tax planning and business advisory support. Many small businesses benefit from having both services working together.

Question 3

How often should I review my business finances?

Accepted Answer

Small businesses should review their financial reports at least monthly, and ideally weekly. Regular reviews of your Profit and Loss statement, cash flow and balance sheet help you make informed decisions and avoid tax-time surprises.

Question 4

What is included in business accounting services?

Accepted Answer

Business accounting services typically include:
 • BAS preparation and lodgement
 • Bookkeeping support
 • Financial reporting
 • Cash flow management
 • Payroll processing
 • Business advisory services
 • Tax planning

At Aris Group, our business accounting services are tailored to suit your business structure and growth stage.

Question 5

Can you help with BAS and GST reporting?

Accepted Answer

Yes. We provide BAS services, GST reporting and ongoing compliance support. Accurate BAS preparation ensures you avoid late fees and manage your GST obligations correctly.

Question 6

Do you work with small businesses in Canberra?

Accepted Answer

Yes. We support small businesses across Canberra and surrounding areas with bookkeeping, BAS services, payroll and business advisory support. Our goal is to simplify accounting and give business owners clarity over their numbers.

Question 7

What accounting software do you use?

Accepted Answer

We work primarily with Xero and support businesses using MYOB. We can assist with Xero setup, training and ongoing support to ensure your accounting software is structured correctly.

Question 8

How can business accounting improve cash flow?

Accepted Answer

Strong accounting systems improve cash flow by providing accurate financial reporting, tracking expenses properly and forecasting future obligations. With clear data, you can plan for BAS, payroll and tax payments without stress.

Question 9

How much do business accounting services cost?

Accepted Answer

The cost of business accounting services depends on the complexity of your business, transaction volume and required support. We offer tailored solutions to ensure you receive the right level of support for your needs.

Question 10

What is the difference between business accounting and tax accounting?

Accepted Answer

Business accounting focuses on day-to-day financial management, reporting and strategy. Tax accounting focuses on compliance and preparing tax returns. Both are essential for sustainable business growth.

Question 11

Can you help if my bookkeeping is behind?

Accepted Answer

Yes. We can assist with catching up overdue bookkeeping, reconciling accounts and ensuring your BAS and tax reporting are accurate and up to date.

Question 12

Do you offer business advisory or virtual CFO services?

Accepted Answer

Yes. In addition to accounting services, we provide business advisory support to help improve profitability, pricing strategy and financial decision-making.

Question 13

Is training suitable if I have never used Xero before?

Accepted Answer

Yes. Training is tailored to your experience level.

Question 14

Do you provide ongoing support after training?

Accepted Answer

Yes. Ongoing support is available if needed.

Question 15

Can training help me manage my own bookkeeping?

Accepted Answer

Yes. The training is designed to help you stay in control of your bookkeeping.

Small Business Accounting Services

Canberra and Belconnen Accountants

Practical Accounting Support to Help Your Business Stay Compliant and In Control

Monthly Bookkeeping

Monthly Bookkeeping + Payroll

Business Activity Statement (BAS)

Business Advisory & Custom Reporting

The NDIS & Clinic Financial Health Check

Frequently asked questions