Accounting Services Accounting is important as it fulfills two main purposes:   Purpose of Accounting: 1. Enables business owners to report on their past transactions for a specific period. The most common reports produced are: The Statement of Financial Performance (Profit and Loss Account), The Statement of Financial Position (Balance Sheet), and The Statement of Cash Flows.   2. Enables the users of the reports to make informed decisions about their business.     At Taxpresso we offer a range of accounting services including: Preparation of financial reports Sole trader Partnerships Trusts Companies Superannuation Funds Cash flow budgets Budgeting Cash flow management General accounting assistance ASIC compliance   Call Taxpresso now so that you can start using accounting as a tool for making informed choices about how you operate your business.   » Click here to contact us today!