Accounting Services

At PlanSmart Solutions, we support NDIS providers and businesses across various sectors with bookkeeping, financial reporting, and compliance, helping them stay focused on growth and delivering quality services.

Business Account

Our Business Advisory Services

Weekly Bookkeeping and Bank Reconciliation

Stay on top of your finances with our accurate bookkeeping and bank reconciliation services. We ensure every transaction is recorded correctly, giving you clarity and control over your cash flow. With an experienced team, we provide tailored support that keeps your financial processes smooth and compliant.

Monthly Management Packs

It takes meticulous preparation and strategic vision to successfully navigate the NDIS environment. business advisory services Melbourne has extensive expertise creating strategies that are specifically suited to your company’s objectives while adhering to NDIS guidelines and industry best practices.

Quarterly BAS Preparation and Lodgement

We simplify the process of preparing and lodging your Business Activity Statements (BAS). Our team ensures accurate GST calculations, error-free submissions, and compliance with ATO deadlines, so you can avoid penalties and focus on growing your business.

Virtual CFO Services

Get executive-level financial oversight with our Virtual CFO services. From budgeting and forecasting to growth strategies, we provide expert advice and strategic planning to help your business thrive without the cost of a full-time CFO.

Collaboration with Tax Teams

We work closely with your tax advisors to ensure seamless coordination and compliance. From preparing accurate financial data to assisting with tax filings, we help you minimize risks and stay stress-free during tax season.

Why Choose PlanSmart Solutions for Account Services?

At PlanSmart Solutions, we understand that managing finances can be overwhelming. That’s why we offer reliable bookkeeping, tax assistance, and financial reporting to keep your business on track. Our hands-on approach, cost-effective solutions, and smooth payroll processing help you stay organised, stress-free, and focused on growing your business.

Client Reviews

FAQs

1. Do NDIS providers need to register for GST?

Not all NDIS providers need to register for GST. Under the NDIS Act, services directly related to a participant’s plan are GST-free. However, a provider must register for GST if their annual turnover exceeds $75,000.

GST Registration Required:

  • If the provider offers services that are not classified as NDIS-exempt (e.g., general consulting, training).
  • If the business turnover exceeds $75,000 per year.

GST Not Required:

  • If you provide disability-related supports and services that are directly covered by a participant’s NDIS plan.

Why is this important?  Incorrect GST handling can lead to tax penalties or issues with invoicing NDIS-funded services.

NDIS providers can claim tax deductions for business-related expenses, including:

  • Salaries and wages (for staff or contractors)
  • Office expenses (rent, electricity, internet, insurance)
  • Travel expenses (for community support workers)
  • Training and professional development
  • Marketing and advertising costs

Tip: Keep accurate records of all expenses to claim maximum deductions and avoid tax penalties.

Why is this important? Claiming the right deductions reduces tax liabilities and ensures compliance with the ATO (Australian Taxation Office).

For healthy cash flow, NDIS providers should:

  • Issue invoices promptly with correct NDIS support codes.
  • Follow the NDIS Pricing Guide to avoid overcharging disputes.
  • Track outstanding payments to ensure clients and plan managers pay on time.
  • Use accounting software (like Xero, MYOB, or QuickBooks) for automated invoicing and financial tracking.

Why is this important? Poor cash flow management can lead to delayed payments, financial instability, and difficulty scaling your business.

Make An Enquiry

Contact PlanSmart Solutions for a consultation and see how our tailored services can help drive your business forward with confidence and ease.

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