Business Hours: Mondays-Thursdays 09:30 am – 05:00 pm 

Learn To Pay Yourself and Make Profit From Day 1!​

We’re all about getting you paid, but there’s no point in freezing debt and then borrowing more money to make ends meet. By taking your profit first, the money available for expenses is artificially reduced, and together, let’s find ways to get the same things done for less money. Tell us how you want your money to work for you. 

Passion

Committed in heart and mind

Flexibility

We empower our team in a work environment that creates the optimal work/life balance

Accountability

We do what we say we will do

Learn To Pay Yourself and Make Profit From Day 1!

We’re all about getting you paid, but there’s no point in freezing debt and then borrowing more money to make ends meet. By taking your profit first, the money available for expenses is artificially reduced, and together, let’s find ways to get the same things done for less money.

Your Profit First Partner in Australia

Profit First Methodology is the best way to ensure that your business is profitable and growing.

If you want to make profit from every dollar that hits your bank account, pay yourself what you are worth as a business owner, and you want to stop your business from hemorrhaging cash, Profit First Methodology would be your best tool!

No matter how much money you make or how much revenue your business generates, if you’re not using the Profit First Methodology, you’re leaving money on the table. That’s because most businesses use a “payroll” mentality when it comes to managing their cash flow: they take in money and pay out expenses as they occur. This means that all of the profit is paid out every month—and all of it goes right back out again!

The problem with this approach is that it makes it very hard for businesses to grow or even stay afloat. When you have no control over what happens with your profits, it’s hard to plan for anything or make investments in your company. This can lead to missed opportunities and weakens your ability to compete at all levels—not just financially but also strategically.

..and why Profit First Accounting?

Profit First Accounting is one of only 22 firms in Australia that is currently certified in Profit First Methodology.

We offer a complete suite of accounting services to help you manage your money, protect your assets and grow your business. We are proactive in our approach and provide solutions for tax planning, debt management and wealth creation.

We create a long-term sustainable relationship with each of our clients by providing value added financial advice and support. We believe that every client should be treated as an individual with their own unique needs and goals. Our team works hard to ensure that we are meeting these needs whilst also providing timely information regarding the financial position of the company so that businesses can make informed decisions about how best to grow their businesses.

Profit First Accounting
Profit First Accounting

How does it work?

Our preferred process is to undertake a Zoom meeting during which we ask lots of questions about your business and the level of help and direction you want, then create a letter of engagement with the options for you to select the assistance you need to meet any budget constraints. We prepare an annual budget for PF and associated compliance then bill in manageable weekly amounts.

 

Book A Free Consultation NOW

Profit First is a great way to manage your business finances and make sure that your company is in the best shape possible. We can help you figure out what you need to do to get there, and show you how to do it.

Why Profit First Accounting
is Different?

We are different to other “compliance accounting” firms. Our core focus is to work with clients who want Profit First. We provide services from;

and expect...

  • Profit First Professional
  • Fix This Next
  • Xero Gold Partner
  • Institute of Public Accountants

We do not just say what we do, but we do what we say. Learn from our client's feedbacks by going to our Testimonials Page.

We make sure that every Profit First Accounting team members has the right skills and training to perform every tasks for our clients.

We value all our clients. Thus, we make sure that they have all support and clarity they need from us. 

Compliance is one of Profit First Accounting's top priority. As our goal is to make each and every client of ours profitable, we also safeguard their interest by complying to each and every government laws and guidelines.

Bookkeeping

We do extensive bookkeeping services such as Data Entry, Accounts Payable, Accounts Receivable, Invoicing, Purchases, Filing, Payroll, Bank Feeds, Debt Collection, Bank Reconciliation, BAS Statements, Cash Flow Management, Reporting, Super Annuation, ATO Compliance, Budgets, and Receipt Bank. Make sure you work with certified professionals!

Individual & Corporate Taxes

Our firm is dedicated to helping Australian Individuals in their Tax Returns. We also service Sole Traders, Partnerships, Companies, Superfunds, and Trusts. We are here to crunch the numbers for you and make the process faster.

Financial Planning

With our certified Profit First Advisor/s, we will help you transform your business from a cash-eating monster to a money-making machine. We provide instant assessments, and advisory. We will also help you setup your bank account, your cashflow management tools, and we will provide necessary reviews. Make sure you work with certified professionals!

Business Setup

We are certified accounting firm that can help you setup your business such as your business name, ABN, and data file. We also offer training and will assist you in your GST registration. Work only with certified professionals!

Over the past years, we’ve become a leader in profitability consulting because we deliver outstanding results to our clients. Review our client testimonials to learn more of what others have to say about us.

Profit First Accounting
Glenn Simester Owner, Jims Mowing Somerville North

I started my business about 3 1/2 years ago, and found that the running of a new business, both in the field and the administration and bookkeeping was quite a juggle. Ensuring that I had enough money for things like insurances, loans, vehicle and trailer Read More

registrations, business expenses such as fuel and materials – I always found it to be a week to week and month to month struggle. Finding my feet and trying to get up and running as quick and as effortless as possible was quite the dilemma. The hands on was fine, but the bookwork side needed some love. I decided to employ the services of Vanessa and her accounting team to help me with the back of house side of things. And I haven’t looked back.
Haami Williams Owner, Wirecon Group

In the beginning, our practice of cash allocation was certainly not perfect and I did have a constant reminder from my wife that she had been telling me to use this process for years. The amazing part is the feeling of achievement and satisfaction when you put Read More

profit first, watching a pool of money grow on a weekly basis. Unfortunately, I made the mistake of telling my wife that profit allocation was ours as a reward for our willingness to take the risk of building a business. This backfired when I told her our advisers told us it was going to be utilised for debt reduction and other things before personal reward, may I suggest under-promise and over-deliver. We have always been sound financially but now we see a great opportunity to take giant leaps forward, both in the business and personally. My wife is finally getting her dream, other than myself of course, of putting our profit hold/personal reward toward renovating our home
Kristian Serainidis Founder, Project KICK IT

Meeting Vanessa and having her introduce this simple approach has made money fun again! I am a complete rookie in this area, so it has been very empowering knowing I can genuinely and accurately understand the financials of the business after a quick look into our accounts. Read More

Most importantly – it’s allowed us to focus on the magic of our business without worrying about money. Thank you so so much, Vanessa! You and the Profit First Method have single-handedly kept us in business. We appreciate you and truly can’t thank you enough
Profit First Accounting
Daniel Cravo Owner, Driven By Dan

On a serious note, I had no idea how the tax system worked here and setting up a small business I found challenging. From the very start, Vanessa and PFA were easygoing and professional and got me starting off on the right track. Being from a small Read More

island in the UK, our tax system is very different so I had a lot of questions and all were answered in a clear manner and in a way I understood. I can pick up the phone or drop a message and I know Vanessa and the team will be there for me when required. As a airport transfer business COVID hit me hard and my birthday (21/03/20) weekend away camping on was mostly spent answering calls from clients canceling bookings. In all I had 60 bookings for the rest of March and throughout April cancel. After that disappointing weekend my thoughts went to how am I going to cover my outgoings when I have just lost all my income. Vanessa worked very hard and we had some late night calls to try and claim job keeper and although I am up to date with all my tax and gst requirements job keeper/seeker was not available to me as I have not gained my permanent residency status yet. Vanessa straight away offered to help me and my business survive by allowing me to hibernate the business and allow me some relief on accounts. Things have turned around a bit with some help from many people including Vanessa and profit first I have diversified my business and am now delivering bespoke cheese & wine packages for 14 days of cheese and also picked Corporate courier work after their couriers let them down. I am now the preferred delivery partner of both a large local business and 14 Days of Cheese. As a result of my partnership with 14 Days of Cheese I thought it only right to supply Vanessa with a beautiful Homestay Rose pack with wine and 7 carefully paired cheeses for her to sample and enjoy with her family as a small gesture of thanks for helping and supporting me through the tough times. Vanessa and PFA have gone above and beyond in my eyes and I’ll be forever grateful.

    PROFIT FIRST ACCOUNTING CERTIFICATIONS

    Make Sure you Work With Certified Professionals

    At Profit First Accounting, we make sure that our team is licensed and certified.

    Profit First Accounting Updates

    Jun 30 2022

    Thank you, Christine! We're so happy to hear that you had a great experience with us. We... See More

    Jun 29 2022

    Did you know that any depreciation may be claimed against sales proceeds when property is... See More

    Jun 27 2022

    Planning to retire? What are the things to consider? Whether you’re planning to retire or moving... See More

    Profit First Accounting

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    Profit First Accounting
    Profit First Accounting

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