Mcdonell Cunneen & Associates
Accounting Services in Frankston

Our aim is to bear you with advice when your business needs it not fair when you interrogate for it. We'll aid you manage every aspect of your business, and because we establish an onetoone relationship with each of our clients, our advice will be tailored for your business. We've developed our customary auditing and accounting practices into innovative client focused services. Our flexibility adaptability will ensure we can aid you get the superior results. Below we have listed the services we donate to our clients. This list is by no means exhaustive, and our team of sociable staff would be more than happy to talk about any services you do not see listed. This means that our processes can be tasteful and time taken on jobs can be more accurately predicted (and is more consistent between jobs). This has precede us to providing some of our services in a immobile fee structure, and in particular: Nero is slightly dearer, but has put a lot of work into its training, aid files, and educational videos, whereas BO has focused a trivial more on detail and added extras. Being solely in the cloud, you don't have to worry about having the latest version, or whether your version works on a Mac or PC it honest works. Nero and BO can also do your invoicing, your payroll, and maximum things every other accounting software can do so you can create APO pliable invoices, pay your staff, and we can work on your accounts at the identical time. If you would simply like all the stress taken out of doing your books, then our immobile fee bookkeeping service is for you. Using Nero, we will look behind doing your books and ABS's so you don't have to. Before to this, when a SMSF was in breach of the Superannuation Law, it only had the massive stick available to punish SMSF's with unless the APO wished to take the matter to court and as a result minor breaches of the Superannuation Law went unpunished. The system was deliberately designed this way because the Government wanted to receive an educational approach with people who ran their own SMSF, instead of simply penalizing people for making mistakes. The Government's rationale was that SMSF's we a relatively fresh concept for many and it takes time to learn how to effectively operate them. Ranging from education, fines, excess taxes, and disqualification, the APO now has punishments apropos for all levels of breaches so no longer are minor breaches safe. In many cases, the APO has no finest but to apply penalties for peaceful breaches of Superannuation Law, regardless of who is at blemish or why the flaw has occurred. It's complex, messy, and simply confusing. In order to give you the best chance of avoiding APO penalties, you need constant monitoring and advice from a professional. The problem with this approach is that you are only getting assist from a professional once a year by the time you have made a mistake, it's much too late, and since the breach has been ongoing for a year, the APO will not be so forgiving when deciding to waive the penalty. We will maintain your financial monthly and report to you quarterly so you can perpetual see the exact position of your fund. Our plans begin from 1800 per annul and include: Preparation or assistance with documentation such as minutes of meetings, pension applications, investments strategies, and other that are needed to be held for 10 years under Superannuation Law.