Finances & Cash Flow:

Finances are the backbone of every enterprise. A company may not be in the money if it is either over-capitalized or under-capitalized. It may have poor Cash flows. As a result, the company will have to pump in more money to take care of its Working capital and Capital employed. The return on capital may deteriorate on one side and the non-performing assets increase on the other side.

 

• Working Capital requirements

• Debt Equity leverage

• Term Loan funding

• Cash flow forecasts

• Business Plans

• Bank finance

• Due diligence work

• New business start-up advice

 

 

 

Accounts & Budgets:

Accounts gives information on the performance of the business by reporting the statement of financial performance (Profit & Loss account) and statement of financial position (Balance sheet). There are many other reporting tools offered by business accounting software’s which gives transparency on the performance of the business. Monthly management accounts, compared with last year numbers, the Budget numbers, industry comparisons, rolling forecasts etc. are some of measure which if developed and reported in time can save the businesses. Many of

our clients including other Chartered accountants in Auckland have benefitted from the business accounting software’s.

 

• Periodic management accounts

• Annual Statutory accounts

• Annual budgets and rolling forecasts

• Trust and LAQC/LTC accounts

• Audit preparation

• Book-keeping Services

• Cost centre/Profit centre profitability

• Accounts consolidation

• Backfill

• Fixed Assets Register

• Other monthly reports

 

Bookkeeping services, maintaining reports & accounts are tedious jobs which can be done easily using Tally. Our clients in Auckland have experienced significant growth in productivity & income owing to change in their various accounting processes like bookkeeping.

 

 

 

Costing & Margins:

Costings are most neglected sub area of accounting which is generally given least importance in particular by the small and medium businesses. The main difference between Costing and Accounting is that Costing is done before the product is sold and Accounting is done after the product is sold. There is no point analysing the gross Margin or Contribution once the product is sold rather the systematic approach would be to do the costing first and then price the product accordingly. Capacity utilization technique helps the businesses to allocate or apportion their fixed costs on the product properly to keep the prices competitive. If the product is priced appropriately, it will have the anticipated demand and the business would be able to sell the budgeted quantity at the budgeted price. The more a business produce, the less would be the cost per unit to produce. Reporting techniques on products, territories, product categories, sales persons, gross margin by product etc help the management to get transparency on their products which in turn can help them to make more informed decisions. The techniques like marginal costing, standard costing, process costing and job order or batch costing are there to help the businesses run profitably.

 

• Gross Margin analysis

• Activity based costing

• Product pricing

• BOM and Inventory

• Overhead absorption

• Capacity Planning

• Standard and marginal costing

• Batch/Job order costing

• BCG matrix

• Costing for decision-making

• Sales margin and related reports

 

 

 

 

Taxes & Returns:

Tax commensurate with the size and profit of the business is another dream of every business enterprise. If the business has complete visibility on the taxes which forms part of their cost and which do not form part of their cost, it will help them to build the cost component in pricing the product. Statutory compliance by filing the Returns in time, paying taxes in time is another area by which an accounting professional can help the businesses. We at MACRO, work as business partners to achieve the vision of every enterprise we get associated with. Last but not the least is the Systems. If the systems and Processes are designed properly, it can save big dollars thereby contributing to the bottom line of the enterprise. Use of the right software is another area which generally business are either ignorant about or do not give enough importance. We at Tally promote the use of world simple, affordable and reliable accounting software, which help the businesses to get visibility on almost real time basis. We also carry out

customization jobs to automate systems and process and design the required reports by using the right software, interfaces and reporting tools and templates. The dream of every businessman is to run the business profitably. If the business is not making money then it becomes difficult to grow. It means it either needs a complete revamp with a small business accounting software or improve the bookkeeping services or an advice from a professional like the chartered accountants. The business may not perform to its optimum capacity because of various reasons which only experts like chartered accountants can identify for you. We here at Tally can help you to manage your business properly and professionally.

 

• Individual income tax returns

• Investment property/LAQC/LTC returns

• Company returns

• New company formation

• Companies office returns

• GST Returns

• ACC compliance

• Payroll and PAYE returns

• Fringe benefit Tax returns

• RWT/NRWT returns

• Tax planning

• Tax agents and tax advisory

 

 

Systems & Automations:

• New software installation

• MYOB or Xero setup

• Advanced Excel projects

• Advanced Excel interface

• Greentree ERP

• Microsoft Dynamics Axapta AX

• Systems implementation

• Process automation

• Supply Chain process improvement