How we work
We don’t do set-and-forget. We work with you, not just for you.
Here’s what working with us feels like:
- You know exactly what’s going on with your finances and why
- You get timely, clear answers without the follow-up fatigue
- You gain control of cashflow, compliance, and planning
- You’re supported by a team who cares about the outcome, not just the job
Our focus is simple; delivering clear, practical advice and personalised support that helps you feel confident, in control, and backed by a team who genuinely cares.
Tax Planning
We see this as the most valuable meeting of the year! Between February and May, our tax planning sessions give us a chance to review how your year’s tracking, plan ahead for any upcoming tax payments, and–most importantly–put strategies in place to help you manage your tax before the end of the financial year.
Accounting, Reporting & Tax Services
At Prescott, we provide a full range of accounting and tax solutions to keep your business on track and compliant year-round. Our team prepares accurate balance sheets, profit and loss statements, and cash flow reports that clearly reflect your business’s performance. We also handle special purpose reports for tax, banking, and industry requirements, along with project costing support to help you track budgets, costs, and revenue for every project.
In addition, our team offer comprehensive preparation and advice to optimise your tax strategy. We manage income tax returns, BAS and FBT lodgements, and provide tailored guidance on capital gains, land tax, and payroll tax. Plus, we’re here to support you through audits and reviews, ensuring you feel confident and well-prepared every step of the way.
Business Advisory Services
Prescott helps small to medium businesses stay in control and plan for growth. We provide tailored financial reporting and analysis, including management reports, business health checks, budgeting, re-forecasting, cash flow forecasting, benchmarking, and financial modelling. Our insights highlight strengths, address risks, and support confident, data-driven decisions that improve performance and profitability.
Business Valuations & Due Diligence
We deliver accurate business valuations and thorough due diligence to support planning, succession, sales, mergers, and investments. By analysing financials, industry trends, and future potential, we give you clarity and confidence in every decision.
Having grown up on a family farm, and supported farming businesses for over 20 years, Shannon understands the unique needs of farming businesses, families, and the Great Southern region. Prescott Solutions provides expert support for agribusiness, including Agrimaster migrations, structural advice, reporting improvements, and sensitive succession planning to navigate the complexities of land and family involvement.
Succession Planning
From start-up to exit, Prescott helps you plan and structure business transitions. We manage the financial and tax implications, applying CGT concessions and other strategies to maximise outcomes. Our valuations assess earnings, assets, liabilities, and goodwill to guide informed decisions.
Estate Administration
We help business owners and individuals protect their wealth and manage estate matters with confidence. Our team provides strategic structuring and tax-efficient solutions to preserve assets for future generations.
SMSF
We make SMSF management simple and compliant. From setup to ongoing administration and advice, we handle the detail so you can focus on growing your retirement savings.
Bookkeeping & Payroll
We take the hassle out of managing your finances so you can focus on growth. Our team handles bookkeeping, including ledger and asset register maintenance, bank reconciliations, TPAR, and activity statements. We also manage payroll, timesheets, expense claims, and compliance, giving you accurate records and more time to run your business.
Software Migration
Upgrading your systems doesn’t have to be stressful. We make software migration seamless, ensuring data accuracy, minimal downtime, and a setup that works efficiently from day one.
We provide expert support & advise for all private company secretarial matters, including acting as your registered office and ASIC agent, managing compliance obligations, maintaining corporate registers, preparing and lodging company changes, handling incorporations and deregistrations, and administering business names.
