Financial Services

Keeping the books in order!

Managing your finances well is probably the most impoartant part of running any organisation. Knowing your books are up to date and that you have a healthy bank balance means you can confidently do all the things you were set up to do and stay in the black. But just because it's important, it doesn't mean that it has to be time-consuming or stressful.

At CMS we have 'your accounts department' ready to go. We know the specific rules that you work under, we have all the right software, and we have the espertise to ensure that the funds you have worked so hard to recieve are going to the right place and accounted for at all times.

With 40 years behind us supporting community organisations, CMS has helped many organisations simply manage their finance or improve their systems and processes. We have also found ways to save money and even uncover tricky issues before they have got out of hand.

We have developed services that take the stress out of managing your money, all of which we provide at a pro-rata hourly rate with no hidden additional costs.

 

 

Payroll

We process wages, payslips, and prepare monthly and quarterly reports for Super and as a registered BAS Agent your BAS/IAS requirements. We can pay employees directly via EFT and also pay their Super via a compliant SuperStream.

 

Bookkeeping

Community Management Solutions helps an increasing number of organisations manage their bookwork each year. Our bookkeping services make sure invoices are paid, ledgers are balanced and bank reconciliations are perfect. We can create a full Chart of Accounts under the direction of our in house Professional Accountant staff.

We can input all your data, ensure no one is under or over paid and prepare financial reports for your regular meetings. We do this all with a specialist knowledge of your business.

Our in-house Accountants and Bookkeeping specialists can help with as much or as little as you need.

 

Financial Audits

An audit is something you just have to do, but a good audit can also be a great way to get a handle on what's really going on in your business and give you a clear set of goals for the year ahead. CMS can undertake End of Financial Year, Interim and Accounting and Financial Compliance Audits, depending on your needs. We pride ourselves on the quality of our work we do and believe that you get real value for money. So do the members who come back year after year.

We have an experienced in-house team to service our non-bookkeeping and payroll clients, as well as preferred external and indpendent auditors for those members who utilise our bookkeeping and payroll services.

Whatever your situations, working with our finance team can reassure you that everything is in order, that your legislative obligations have been met, and that you have given your organisation its best chance of prospering.

 

Financial Health Checks

Have you had a Financial Health Check recently?

As an employer, you know how important it is to have fit and healthy staff but what about your organisation's financial health?

CMS can ensure that your organisation is financially fit by conducting a financial health check. At a one on one appointment we spend time asking you a range of questions about your organisations finances to gain a good understanding of where you are at financially and determine if you are on the right track.

We will look at a range of things including:

  • Profitability of your tuckshop, uniform shop, outside school hours care, etc.
  • Appropriateness of GST treatments.
  • Reconciliation of Super, PAYG and GST liabilities.
  • Review of payroll processes.
  • Review of entitlement calculations for all staff.
  • Review of monthly accounting processes.
  • Review of financial reports - bank reconciliations, balance sheet and profit and loss.
  • Review of chart of accounts.

Call us today on 1300 007 110 to find out more about how we can help manage your finances effectively!