Accounting for Tech Companies
Technology moves quickly. Every day, innovative entrepreneurs are developing new ideas, and businesses in the tech sector have the potential for rapid expansion.
But with that unbridled growth comes the possibility of major accounting headaches if finances are not managed appropriately.
North Advisory helps business owners harness the potential of their tech company and set them on the path to growth.
Whether you are developing software, involved in digital production, or are an expert in web design, apps, gaming or even fintech, we can support you with our tailored accounting services for tech companies.
Integrated structures and systems
Like all growing businesses, tech companies rely on a solid foundation to make sure they are prepared for the unexpected.
While some industries have the ability to forecast their sales or plan their production runs, tech and digital-based businesses can experience tumultuous changes that make it challenging to predict revenue and forecasting.
Things happen fast in tech. Business owners need to make sure they have the right accounting structures and integrated systems in place to properly manage any significant or unexpected growth.
Our finance experts have the knowledge and experience to help you save on costs and resources and strengthen your company for long-term stability.
Advice, answers and access to grants
With so much work in the tech space focused on innovation, it’s crucial to stay on top of any available government grants and funding that can help increase your potential for success.
North Advisory will provide you with relevant opportunities and guidance on assessing your eligibility for grant funding.
You’ll also have direct access to Marius Fourie, Director and Business Advisor, who will work alongside you on business goals and answer any questions you might have like:
- Are there tax and accounting implications for subscription-based business models like SaaS?
- How do I establish proper methods of depreciation for software and hardware?
- What are the best ways to account for revenue from licensing IP or other tech?
Managing business capital
Financial insight is at the centre of business success. In the fast-paced world of tech development, it’s essential to have up-to-date information about everything from profit and loss to available capital in order to make important decisions quickly.
You’ll receive direct access to experts, essential reporting, forecasts and data and a tailored, agile accounting process that works in collaboration with your company and saves you hours of time on accounts each month.
Existing clients can also opt to access our wealth management services, working alongside Director and Wealth Advisory, Cayle Petritsch. Cayle supports our clients in growing and stabilising their personal finances through SMSF/superannuation management, asset protection services and other ideal options.
Contact us today to start your tech company on the path to business success.
Our Services
Business Accounting
Exceptional business accounting services and taxation planning customised for start-ups and established businesses. Grow your business with our expertise.
SMSF Management
Optimise your retirement savings with our expert SMSF management. We offer specialist advice, compliance support, and tailored investment strategies for new and existing SMSFs.
Wealth Management
Professional, qualified wealth management advice for individuals seeking proven and tailored financial strategies that build and protect their wealth.
Driven by our values
Effortless and Seamless
On-Boarding Process
Intuitive and Knowledgeable
Direct Expert
Access
Useful and Articulate
Financial
Reporting
Forward
Thinking
Compliance Solutions
Streamlined
Tech
Integrated and Automated
Reach out we are here to help
Recognising the uniqueness of each business, we specialise in customised accounting services crafted to meet your specific needs and drive business growth.
Don’t hesitate to contact us if you’re ready to streamline your financial management with tailored solutions. Your business’s success is our primary focus. Fill in the contact form or call us to book an initial 30-minute chat.
Suite 6, 11 Oaks Avenue
Dee Why, Northern Beaches
NSW 2099
Australia