Strata Accounting Consultancy

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• Provide comprehensive strata accounting solutions. 

• Analyse existing financial management practices and systems to provide options for improvement.

• Share knowledge and make recommendations in relation to the BCCM Act, Corporations Act and Australian Energy Regulator (AER) compliance.

• Provide accounting solutions and strategies regarding day to day running of financials for Strata Schemes, Building Management Group (BMG) and Companies.

• Offer solutions to developers/consultants with regards to the best accounting foundation when establishing a Strata, Company Title or Umbrella Management Scheme.

Accounting and Financial Management

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• Manage and operate bank accounts on behalf of the BMG, Body Corporate or Company Title

• Accounting and financial management

• Prepare financial statements including year-end accounts in accordance with legislative requirements

• Issue contribution notices to lot owners, members, and shareholders

• Prepare comprehensive budgets including forecasts for each financial year

• Asset registers

• Depreciation schedules

• Pay all invoices and accounts issued in line with board or committee authorisation

• Receipt all payments received

• Provide specialist accounting support and advice to BMG representatives, Board of Directors and Committees 

• Prepare wages, contractor payments, superannuation, payroll tax and complete all associated paperwork

• Calculated caretaker/management fees, CPI increases, adjustments and perform reconciliations

• Analysing Head Lease and Sublease contributions

• Liaise with auditors, tax agents, lawyers, and other professionals on behalf of lot owners, members, and shareholders

• Preparing ASIC compliant and lodgements

• Issue arrears notices and forward relevant details to debt recovery agencies

• Provide comprehensive utilities management to ensure legislative compliance and transparency 

• Cash flow preparation, specialists financial reporting and cash management

• Special accounting projects

Administration support for BMG and Company Title only

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• Convene and attend BMG and Company Title Board meetings

• Prepare and distribute meeting minutes

• Action all follow up matters from meeting decisions 

• Ensure compliance with all relevant legislative and Corporations Act statutory requirements

  Benefits to you

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• Understanding your desire to achieve results

• Allows you to focus on your core business

• Efficiency through expertise, saving time

• Extensive knowledge of strata accounting and financial management

• Performed by qualified and registered accountants. 

• Access to the latest technology with specialised software

• Making resources available to you

• Maintaining relationships built on trust and reliability

• Accuracy

• Improved efficiency