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Top 20 Accounting FAQs for Small Business Owners

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Running a business in Australia means managing your finances effectively, staying compliant with the ATO, and making smart decisions to support growth. At Trinity Accounting Practice, located at 159 Stoney Creek Road Beverly Hills NSW 2209, we’ve supported hundreds of businesses by answering the most common accounting and tax questions they face.

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Below, we’ve compiled the top 20 frequently asked questions with clear, practical answers. Whether you're a sole trader, a company director, or running a not-for-profit, these insights are designed to help you succeed.

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What industries do you specialise in?

We specialise in childcare, construction, hospitality, healthcare, fitness, retail, and professional services. Each industry receives tailored support for tax, bookkeeping, and compliance based on its unique needs.

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Do you offer virtual consultations?

Yes, we offer virtual consultations via Zoom or phone for clients across Australia. Book online at https://calendly.com/ramy-hanna.

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Can you help me register for GST?

Yes, we can help you register for GST and handle all related compliance, including BAS lodgments and ATO reporting.

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How often should I do my bookkeeping?

Bookkeeping should be done weekly or monthly, depending on your business size and volume. Regular updates help you stay compliant, avoid errors, and keep track of your cash flow.

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Do you help with business activity statements (BAS)?

Absolutely. We prepare and lodge BAS for sole traders, partnerships, companies, and trusts to ensure accuracy and on-time compliance.

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Can Trinity Accounting assist with payroll setup and management?

Yes, we manage payroll for small and medium businesses. This includes Single Touch Payroll (STP), superannuation, entitlements, and leave tracking.

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What accounting software do you recommend?

We primarily use Xero and MYOB because they offer reliable cloud-based accounting, ATO integration, and easy real-time reporting.

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Do you offer catch-up bookkeeping services?

Yes, we help businesses catch up on missed or disorganised bookkeeping. We clean up your records and ensure everything is accurate and compliant.

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Can you help with tax planning before EOFY?

Yes, we provide proactive tax planning strategies to legally minimise your tax before the end of the financial year. This includes reviewing deductions, forecasting, and structuring advice.

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Do you assist with loan or finance applications?

Yes, through our sister company Nexus Wealth Partners, we support clients with mortgage broking, business loans, and finance applications.

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Do you work with sole traders?

Yes, we assist sole traders with ABN registration, GST, BAS, tax returns, and ongoing bookkeeping using cloud platforms like Xero.

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What are your office hours?

We are open Monday to Friday, and also offer weekend and after-hours consultations by appointment to suit your schedule.

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Where is Trinity Accounting located?

Our office is located at 159 Stoney Creek Road Beverly Hills NSW 2209. We also work with clients remotely throughout Australia.

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How do you price your services?

We offer transparent, competitive pricing based on your business size and needs. Packages are available for startups, sole traders, and growing companies.

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Can you lodge my tax return?

Yes, we lodge tax returns for individuals, sole traders, companies, and trusts. We also handle complex cases, including late lodgments and ATO disputes.

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Do you offer business advisory services?

Yes, we offer strategic advisory services including business planning, budgeting, forecasting, and compliance reviews to help you grow confidently.

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Do you help with ATO disputes or audits?

Yes, we can represent you in ATO audits or disputes. We help you prepare supporting documentation and negotiate outcomes where required.

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Can you assist with budgeting and cash flow forecasting?

Yes, we create detailed budgets and cash flow forecasts to help you plan effectively, manage expenses, and prepare for growth or lending.

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Is Trinity Accounting experienced with not-for-profits?

Yes, we work with not-for-profits and charities. Our services include ACNC reporting, grant compliance, financial statements, and bookkeeping.

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Do you offer a free consultation?

Yes, we offer a free 30-minute consultation for new clients to assess your current financials and explore how we can help.

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Why Choose Trinity Accounting Practice?

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At Trinity Accounting Practice, we combine over 20 years of experience with personal service. We support individuals, businesses, and not-for-profits with tailored solutions, cloud-based tools, and industry-specific expertise.

✅ Located at 159 Stoney Creek Road Beverly Hills NSW 2209
✅ After-hours and weekend appointments available
✅ Specialised in childcare, construction, healthcare, retail, and more
✅ Xero Certified Advisor & MYOB Partner

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Book Your Free Consultation Today

📍 Trinity Accounting Practice
☎️ 02 9543 6804
🌐 www.trinitygroup.com.au
📅 Book online now

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