​​support@advantagenfp.com.au
1036 Doncaster Road, Doncaster East VIC 3109
Send us your questions
Accounting & payroll specialists for
small & medium sized not-for-profit
Accounting Services
Reliable and cost effective solutions
Accounting outsourcing
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With an focus on the not-for-profit organisations and its specific compliance requirements, our well trained accounting staff could provide your organisations with handful and professional assistance. While we have been working with various enterprises and organisations, we are particularly committed to focusing on the small and medium sized not-for-profit organisations in Melbourne Australia.
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With continuously increasing regulatory responsibilities in the not-for-profit industry, having a team of qualified accounting staff with relevant experience can be expensive, especially for those small and medium sized organisations. Advantage NFP is developed to deliver cost effective accounting services to not-for-profit organisations.
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At Advantage NFP, we can provide your organisations with full set of bookkeeping outsourcing, payroll processing, BAS preparation and lodgement, and financial reporting. Our staff are properly trained to use MYOB, and XERO.
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Annual Financial Reporting
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At the end of each financial year, we can assist your organisations to prepare your financial statements according to the Australian Accounting Standards and other reporting requirements specified by the regulators such as ACNC and Victoria Consumer Affairs.
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We can also assist you to prepare your annual reporting documents for the regulators and deal with your auditors on your behalf including providing them with necessary information and documents. We can also assist you to work with our affiliate auditors to comply with your audit and review requirements.
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Accountant package
from $180/month excl. GST
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Quarterly review of your accounting records
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Quarterly BAS lodgements
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Technical support via email or phone
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Acting as your BAS agent to communicate with the ATO
Accountant+ package
from $380/month excl. GST
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Online bookkeeping via XERO or MYOB
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Quarterly bank reconciliation
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Quarterly financial reporting
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Payroll (optional)
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All services of our Accountant package
Review of accounts
Discussion for a quote
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Annual review of accounts to comply with ACNC requirements for medium sized charities
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This service is only available to the organisations using XERO or MYOB
For more information on our services, please visit our Get Started page.
BAS Agent Services
We can assist you to manage the preparation and lodgement of your BAS obligations. All our work are checked for accuracy by our qualified accountants.
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If the accounts are prepared by your in-house staff, we can assist you to verify the transactions and properly prepare the BAS covering GST, PAYG, and FBT, and make sure that all the work are properly reviewed by our qualified accountants.
Payroll Outsourcing
Peace of mind, compliant and cost effective solutions
(Single Touch Payroll complied)
The benefits
​​In addition to ensuring your employees get paid the correct amount and on time, there are many logical benefits to outsource your payroll.
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Free yourself from payroll burdens - it is essential to allocate available resources and times effectively to the core value adding activities of your organisations.
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Peace of mind - outsourcing non-core activities such as bookkeeping and payroll allows you to focus on achieving your organisation's goals.
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Stay compliant - with increasing payroll compliance obligations, outsourcing your payroll to the professionals ensure your payroll process is compliant .
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Cost effective - it is usually more cost effective to outsource your payroll process to the professionals than process your payroll in-house.
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Secure - there is a fair amount of risk that comes with in-house payroll. Employee records can be accessed in the office. It is relatively more secure to the professionals who treat the information with absolute confidentiality.
The process
​​We work with you to deliver an effective solution to meet your payroll requirements.
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Your accounting software or our payroll software - we can use your software such as MYOB or XERO to process your payroll. Or you can use our specific payroll software. All software are Single Touch Payroll compliant and can provide you with MYOB or XERO integrated solutions.
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Prepare your timesheets - you can still use your own methods to prepare your timesheets. We can also assist you to set up an effective attendance recording solution.
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Payroll process and reports - once we receive your timesheets and process the payroll for you, we will provide you with a set of comprehensive reports including superannuation contribution details and employee payslips. We can also provide you with a bank transfer file.
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Employee Self Services - we can assist you to set up an employee self service portal to allow your employees to manage their personal details and leave.
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Why us
Our focus is to work with you to provide you with first class payroll solutions.
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Reliable and experienced payroll professionals - our payroll processing is conducted by experienced staff and managed by qualified accountants.
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Streamlined setup process - our payroll professionals will assist to set up a suitable payroll process for you and have you up and running quickly.
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Control your costs - you can save on payroll expenses of your in-house process. In most of the time, we provide fixed fees services and keep the fees structure simple. There is no hidden fees.
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Comprehensive reporting - we provide customised payroll reports to suit your organisation needs.
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Advanced technology - we can assist you set up or modify your payroll in MYOB or XERO to suit your needs. Our payroll software have advanced features to meet your specific payroll needs.
Audit / Review of Accounts
Not-for-profit organisations registered with the ACNC with annual revenue over $500,000 are required to have their financial statements reviewed by a specifically qualified accountant or auditor, while those with annual revenue exceeding $3,000,000 must have their financial statements audited. Choosing an accountant or auditor who understands the not-for-profit sector is an important decision.
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If your organisation is registered as an incorporated association with the Consumer Affairs Victoria, similar reviewing and auditing requirements apply from 1 July 2024 onwards.
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With our intensive experience in not-for-profit sector, the accounting and payroll services delivered by our well trained staff are dedicated to meet the Australian Accounting Standards and other regulatory requirements. Normally, these make the audit or review process easier and smoother for the accountant or auditor.
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We also work with the auditors having comprehensive understanding and experience of the regulatory, compliance and reporting requirements for the not-for-profit industry. Our aim is to make the audit or review process as smooth as possible.
About us
We have been providing accounting, payroll, financial management and taxation services to small and medium sized not-for-profit organisations in Melbourne since 2012. We have a genuine mission to assist passionate not-for-profit organisations and other private associations to develop and achieve their visions, and are committed to delivering first class professional services to the community.
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Our specialities include accounting services, payroll outsourcing, staffing, BAS agent services and financial reporting services. Our team members consist of experienced bookkeepers, tax agents and qualified accountants. We also support equal opportunity and family friendly workplace environment.
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​​Tel: 03 8672 5900 | Email: support@advantagenfp.com.au