Business Accounting
Felix & Co. Accounting’s Business Accounting solutions offer a consistent and dependable system of reporting financial performance
In a legal environment where accounting discrepancies can do great harm, our consultants readily support your business objectives, contribute to the implementation of winning strategies, and ensure compliance with the accounting best practices. Our experts’ experience within an extensive domain, coupled with technical knowledge and a strong commitment to quality service, help build procedures that streamline your financial accounting.
Whether you are starting a business or considering expansion, we can facilitate the process to support your unique situation.
Often small businesses or the ones into a growth phase aim to focus on delivering the best value, giving them less time for business accounting functions – this is where our business accounting service can help. We deliver solutions that are in line with your goals, objectives and the vision you hold.
Felix & Co. Accounting is fully equipped to satisfy your accounting needs. We offer both long term and short term solutions tailored to your specific situation. You can rely on our pragmatic advisory throughout the transition phase – beginning from planning to the execution of plans, no matter which stages your business exists at the current time.
01
STARTUPS
If you are on the verge of starting your own business, you can rely on our startup package to ensure the provision of all the fundamental accounting functions that you could be needed at this stage.
Eliminate the burden of financial management of your startup with Felix & Co. Accounting’s startup package. We hold the relevant experience and the resources to fully automate your routine accounting functions, allowing you more time to concentrate on your business’s growth.
02
GROWING BUSINESSES
As your business takes off to the next stage, your accounting needs are bound to get more complex, and at this point, the need for proper guidance becomes paramount if you want to make informed decisions.
When you first start, your business’s needs are modest since the operations are small, and revenues are not ideal, which is why maintaining your accounting system is just enough to fulfill the accounting needs.
However, as your business keeps scaling, the need to seek venture capital arises. At this point, you may need to upgrade your accounting and reporting system not only to match the fundraising standards but address the typical growth-related issues and fulfill the enhanced compliance requirements.
Partnering with Felix & Co. Accounting can ensure the implementation of accounting strategies that best suit your startup’s growing needs.
03
ESTABLISHED BUSINESSES
Once your business has achieved the desirable and consistent growth pattern alongside profitability, the nature of challenges will change drastically, and this is where we come in.
We help established businesses remain on top of the increased compliance obligations and implement the best practices as per accounting principles.
Apart from the standard accounting solutions, what makes our service for established businesses stand out is the deployment of a virtual CFO to help deal with the widening scope of the accounting challenges.
Without external expertise to tackle complex financial and accounting challenges, you risk jeopardizing your business’s growth or hitting a roadblock.
04
CASHFLOW MANAGEMENT
Efficient cash management is key to any business’s growth and ultimate viability. Our robust cash management solutions improve your Cash Flow Management performance and enable you to monitor and increase your working capital with the timely availability of cash.
Cash flow management is one of the most crucial aspects of any business. However, as your business grows, it is likely to experience cash flow issues, which, if not managed effectively, can starve your business of cash and spell disaster.
Rigorous cash flow management can mean the difference between success and failure for a small business. Even with a stellar profit-and-loss statement, ineffective cash flow management can severely impact your ability to fund routine operations and strategically critical investments.
Our cash management consulting services are centered around helping you determine the root cause of your cash flow challenges and implement operational process improvements to your working capital. We also work with you to baseline your cash flow operations across a range of critical metrics and ensure that you have access to the right banking and finance channels to fulfill cash needs. Our detailed analysis enables you to perform essential decisions making a timely and avoid cash shortfall.
05
FINANCIAL CONTROLLER
Our financial controllers act as a bridge between your internal finance team and you.
Most businesses are unable to appoint an internal finance controller owing to the high costs and their smaller size. However, our service makes it feasible for you to have a financial controller render independent and objective advice, ensure rigorous financial control and compliance, and implement the best practices.
Our financial controllers act as the third eye that can see things you don’t and offer sound judgment and advice, which is not clouded by any personal bias or self-interest.
06
CLOUD ACCOUNTING
Our cloud accounting solution means you can access your financial data anywhere 24/7 and eliminate the need for paper.
Rather than relying on accounting software on desktops, you can opt for cloud accounting, which is delivered as a service on the Internet. It enables you to store your files securely and use accounting apps on any device conveniently and efficiently.
Felix & Co. Accounting helps you navigate the different cloud accounting programs and select the one that best suits your needs. We also aid the transition process as you introduce the cloud accounting solution to your organization, which may not be ready for it yet.
- Gain real-time access to your financials irrespective of your location
- Have multiple employees access the financial data online and work on it simultaneously, thus improving efficiencies
- Upload and download files from the cloud
- Eliminate time-consuming manual and spreadsheet processes
- Set up reminders for prompt notifications of due payments
Here are the main advantages of our cloud accounting solution:
Effective reporting
With up-to-date processing, your reporting improves, and so does the ability to make timely decisions concerning key issues.
Ease
Software as a service removes the requirement of hardware and gives you the ability to grow quickly and efficiently.
Streamlined Banking
The linking of business bank accounts to cloud accounting can eliminate the effort of posting the banking transactions and thus free up the time for activities that add value.
Contact
Get In Touch
Felix + Co Accounting
We are a results-focused Accounting Firm creating secure success. From saving tax to growing your business, we help you focus on what really matters.
Melbourne
Business Hours
M-F: 9am-5pm