Yesterday’s Vs Today’s

ACCOUNTING PRACTICE

Times have changed and accounting firms have entered a new era. Progressive accounting firms are adopting clear personalised solutions tailed to their business. In the past, client relationships were built on compliance engagements. It was difficult for clients to shop around. There were healthy margins in compliance engagements. Compliance engagements were sufficient to maintain client loyalty. Not anymore…

Yesterday’s Practice

Annual compliance and services are seen to be process oriented and expensive

Less stringent regulatory and statutory requirements by authorities

Fees are subject to moderate price competition

Manual processing of data with rigid accounting and tax software

Strong employee loyalty and lower staff turnover

Cost of employment was relatively cheaper

Today’s Practice

Compliance is approached efficiently using cost effective measures

Additional reporting requirements with stringent regulatory and statutory requirements imposed by authorities

Competitive fees and value added services are offered to maintain client loyalty

Automated data processing and user friendly accounting and tax software

Motivate employees with high level engagements

Cost of employment is high

Benefits in Connecting with us

Experienced Accountants

Experienced Chartered Accountants and Certified Practicing Accountants in the Professional Services Practice and Corporate background

Consistent Quality

Improve and maintain a consistent quality of work with a second source of review at no extra cost

Value Added Services

Expand your business with value added services and focus on business development

Dedicated Account Manager

Enjoy the services of a dedicated Account Manager and local team of accountants

Profit Margins

Increased profit margins through minimal write offs

Improve Job Satisfaction

Motivate staff with value adding engagements and improve job satisfaction

Minimal Impact

Integrated business model with minimal impact on your current work processes

Simpler Workflow

Improve efficiencies with a simpler workflow system and meet deadlines at ease

Dedicated Team

Have the flexibility of supervising and training your dedicated team, if required

ABOUT US

Find out more about DBS

DBS is a Melbourne based outsourcing business specialist operating nationally. We provide end to end back office solutions to Accounting and Bookkeeping firms.

Our team is equipped with over ten years of experience in Public Practice and Corporate Industries as Chartered Accountants (CA) and Certified Practicing Accountants (CPA) including extensive exposure in the Big4 Professional Services Firms and ASX Top 20 firms.

Our many years of expertise extends to providing a comprehensive outsourced solution to Accountants and Bookkeepers in Business Advisory Services. We are proficient in dealing with different industries and handling a variety of client files for;

Retail and Online Business
Manufacturing and Distributors
Property Developers and Investors
Medical and High Net-Worth Professionals
Wineries, Restaurants and Leisure

Exporters and Importers
Motor Car and Dealership
Not-for-profits and Charities
Self-Managed Superannuation Funds (SMSF)

We pride ourselves in providing end to end back-office solutions to Professional Services Firms with a unique white-label concept. This concept enables our client Accountants and Bookkeepers to concentrate on high level engagements and grow their practice, while we carry the process driven operations.

Our core strength is to review your existing business model and recommend a complete solution tailored to your needs and requirements. Through full integration with your work processes we ensure there is minimal impact on your workflow.

Careers

Our strong focus on people and culture make our business a great place to work. Each member of our team is unique and takes pride in his or her achievements and the success of the rest of the team. Our culture focuses on teamwork, collaboration and high quality results.

We are always looking for talented staff. Therefore, if you are keen on being a part of our journey, please forward your CV to people@dubuta.com.au.

Training and Development

We strongly believe in continuous professional development and ensure that all our staff are up to-date with industry regulations and satisfy the requirements of all the professional bodies. We conduct regular in-house and third party training to make sure our staff remain competent with ongoing regulatory changes in the industry.

Our staff have continuous access to our in-house professional development & training programs.

We maintain quality control measures to ensure consistent, high-quality outputs that are reviewed before they reach you.

OUR PROCESS

Find out About Our Process

We like clarity and simplicity. So we’ve broken it down to an easy 5 step process.

Meet and Greet

We arrange a meeting at our office or yours to discuss the firm’s requirements and system configurations. We will be presenting our solutions and providing you with a greater understanding of our business models.

Engagement Trials

We conduct a no obligation complementary trial run with your firm. Depending on your requirement, our trial will run across 2-3 weeks or even 3-5 jobs. This process is designed to identify the exact solutions we need to put in place for our business model to be integrated to your practice

Presentation of Engagement Model

Submit a proposal customized and tailored to your requirements

Engagement and Pricing Strategies

Signing of contracts and presenting our cost models (i.e variable, fixed or employee basis)

Commence

Commence work.

GUESS WHAT?

You will not be required to bear the start up or integration costs… as DBS will make the necessary investment with the objective of achieving a long term, mutually rewarding relationship.

OUR SERVICES

Our Core Services

Bookkeeping & Payroll

Transaction processing and Account Reconciliations
Bank Reconciliations
Accounts Receivables and Payable Functions
Invoice and Bills processing
Payroll processing including payments
Tax Compliance work papers

Tax Compliance

Income Tax Returns
Business Activity Statements
Payroll Tax Returns
Fringe Benefit Tax Returns
Tax Compliance work papers

Financial & Management Reporting

Financial Statements
Management Reports
Cash flow Statements
Budgets & Forecasts
Minutes & Resolutions
Tax Compliance work papers

SMSF Accounting & Taxation

Bookkeeping
Tax Compliance work papers
Financial Statements
Income Tax Returns
Minutes & Resolutions
Investment Summary Reports
Audit work papers

Accounting System Integration

Accounting data conversions
Accounting software setups

Corporate Secretarial Services

Annual Company Reviews
ASIC forms and lodgements
Company incorporations

Business Development

Client presentations
Client proposals

Our Software Platforms

Blog

Top 7 Outsourcing Advantages

General August 1, 2016

https://www.thebalance.com/top-outsourcing-advantages-2533765

As you evaluate your choices and decisions in outsourcing different components of your operations, you will need to consider the…

The intrinsic rewards in today’s work

General July 1, 2016

To identify these intrinsic rewards, we began by analysing the nature of today’s work. Basically, most of today’s workers are…

Get in touch with us

If you’d like to get in touch with us or attend one of our seminars please fill in the form below and we’ll get back to you as soon as we can. Alternatively you can give us a call on 1300 382 882 if you’d like to get in touch with us quicker.

Address

217A High Street
Ashburton VIC 3147

Contact Details

Email: solutions@dubuta.com.au
Phone: 1300 382 882
Fax: 03 9885 6480

Office Hours

Monday to Friday
8:00am – 7:00pm