We know how hard you and your business work.
That’s why we work hard to provide high quality and responsive outsource accounting services for you at Penguin Management.
Our goal is to not only prepare your business’ statutory returns, to also act as an advisory and to build a strong foundation to see your business grow and succeed.
To turn these numbers into qualifiable and quantifiable information – useful figures and trends, that you can use to assess how your business is going, the areas that need improvement and to ultimately see you prosper.
All our fixed fee accounting services are customised around your business and the direction you want to go, designed to maximise your financial opportunities and taxation outcomes.
We fit into your budget, your workplace and communication preference (telephone, face to face meetings, email) and we grow with your business – tweak our services and add new services when you need.
All our accounting and bookkeeping services are performed in-house, we do not outsource any service to other companies or overseas. We work with you as a team, holding regular reviews to keep our services and your needs in check.
If this is the kind of outsourced finance service you are looking for, get in touch because we can’t wait to show you how we can help!
Our outsourced accounting services
Customise your services with Penguin Management. We can assist your company to outsource your bookkeeping, finance and reporting functions across the following service areas:
- Accounting Compliance
- Accounts Payable
- Accounts Receivable
- Asset Management
- Audit Preparation
- Business Activity Statements
- Cash Flow Reporting
- Company Health Check
- Credit Control
- Financial Reporting
- Taxation Advice
Why outsource your accounting services to Penguin Management?
We can help you stay on top of your tax obligations
Peace of mind that all tax obligations are taken care of accurately and lawfully:
- all tax returns and compliance paperwork are filed on time
- by processing all valid expenses, your business will be able to claim all tax breaks.
- tax advice
- no tax surprises, or fines for late lodgement.
We can help you identify savings
Your business can save in every aspect of your business –
- Prompt invoicing and expense calculations will ensure cash flow
- Highlight and act upon late payers
- Set up automated accounting and processing systems for fast data entry
- Accurate accounting
We can help you grow your business
By providing accurate, up to date accounting figures and informed advice from your Penguin Management accountant, you will have reliable information to make informed and timely business decisions –
- See short-term cash flow and long-term profitability
- Be responsive and keep in the loop with up to date accounting
- Pinpoint the areas that are preventing business growth
- Measure and improve business performance.
Ready to find out more about how Penguin Management can work for your business?
At Penguin Management, we work hard to achieve high quality and responsive accounting services that are:
You can count on Penguin Management, for over 20 years, we have been providing accounting services to businesses all over Australia. When you ask us something we will go out of our way to help.
We build a relationship with you and your business, so we can best serve your needs and anticipate situations. We talk to you in a language that you understand, with a genuine interest in your business.
Our close-knit team works from our Baulkham Hills and Sydney office to collaborate with you to maximise your financial opportunities and outcomes.
For security, integration and efficiency reasons, we do not outsource any accountancy or bookkeeping work to other companies or overseas, it all stays in-house with secure systems in place!
Our Australian based team, are trained and qualified accountants and bookkeepers. We have worked with businesses of all sizes, from all different industries over our 20 years, from manufacturing to IT services, medical to retail, Not for Profits to Trusts.
Penguin Management is a member of CPA Australia, the Australian Institute of Company Directors, and The Tax Institute, along with various memberships of local and international chambers of commerce.
These memberships, partnerships & affiliations allow us access to ongoing, expert training & resources; meaning we stay switched on to the latest company & tax law changes.
We have experience with various cloud platforms and ERP systems; we are Xero Silver Partner, giving us privileged access to the latest Xero Accounting information.
If you’re thinking about moving to Xero or to other cloud platforms, we help you quickly & easily convert your existing accounting systems
Or perhaps you’re running enterprise-grade software? Our skilled team is adept in the use of all major platforms, including NetSuite, Sage & SAP QBO.
With multiple communication methods, we can answer your pressing questions quickly.
Frequently Asked Questions
Q. What is outsource accounting?
Outsourced accounting is a business process designed to reduce the costs of tax compliance by contracting a third party to complete it.
Often, the third party company will be located overseas; this is known as offshore outsourcing.
Penguin Management’s outsourcing is completed right here in Sydney.
Q. Who needs to outsource their accounting?
Accounting outsourcing works best when a business sees a need for an in-house accounting department, but is unable, or unwilling to establish one.
The need may arise due to unexpected growth, or a desire to reduce current expenditure.
Q. What if we already have an accounting department, can you still help?
Yes, of course!
Penguin Management can work as your whole accounting function, or alongside your existing one, providing support when it’s busy, or staff are on leave. Just let us know what you need.
Q. How does it work?
After a consultation with one of our expert team, we’ll jump straight in and complete a comprehensive business & systems review, to assess the best strategy for your company.
Q. How much can outsourcing save me?
Surveys have shown typical cost reductions when outsourcing business processes of around 15%. Of course, your own mileage may vary.
Q. Are you just another outsource accounting firm?
Our outsourcing services extend beyond traditional accounting to complete back office support.
With a reliable and secure cloud system in place, you can look at your accounts at any time to see your updated figures and success, weekends and weeknights, whenever is convenient for you.