Smith and Sons Package

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Xact Accounting, Australia’s leading Building and Construction Accounting and Advisory firm are pleased to announce a discounted service offering, specifically designed for Smith and Sons Franchisees.

This offering is open to both existing franchisees and those who are new to the network.

BOOK A FREE CONSULTATION

Building and Construction Specialists…

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Bookkeeping and Job Costing

We specialise in BK systems and technology for the building and construction industry, including Xero, Buildxact, Deputy, and Dext. We also support job-costing (or back-costing) implementation to help you monitor profit margins on every project.

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QBCC MFR Experts

Trusted by industry leaders like Master Builders, we’re experts in navigating QBCC Minimum Financial Requirements, including licence applications and upgrades, annual reporting, MFR reports, and support during licence suspensions and audits.

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Tax and Accounting Experts

Expert advice on structuring your business to minimise tax and protect key assets, such as your family home, from potential insolvency risks—especially important in the building and construction industry.

Custom Smith and Sons Package


Company and QBCC Licence Set-Up

Usually $4,000 ex GST… discounted price for Master Builders Members: $3,000 ex GST – 25% Discount (included in franchise set up for new franchisees!)

We will incorporate your new company and take care of all of the initial registrations for a one-time setup fee. Setup service encompass:

  • New company registration and all necessary registrations (TFN, ABN, GST etc)
  • SC2 QBCC Trade Contractors Licence Application
  • Xero accounting software setup as per Smith and Sons template
  • Expert session: Introduction to Building and Construction Accounting Essentials

Monthly Tax and Accounting Fee – Say goodbye to large annual bills!

Once you’re set up, we’ll make sure you remain compliant, so you can get on with running your business.

And, rather than a single annual bill, we charge monthly! For a discounted price of $450 + GST per month you’ll get:

  • Annual Company Tax Return
  • ASIC annual return and act as registered office
  • Individual Tax Return (1 individual included)
  • Unlimited short phone calls and emails
  • BAS Return each quarter
  • QBCC Annual Lodgement

Note: for requirements outside this scope, we’ll provide a customised quote.


Xact Bookkeeping (Optional)

With Xact Bookkeeping your BK will be a well-oiled machine, stopping you from getting buried in the books so you focus on growing your business. Utilising the latest in bookkeeping technology, our expert Bookkeepers will keep your books up to date and accurate, allowing you much better visibility over your business performance.

Services include:

  • BK workflow and platform optimisation – we’ll get all your accounting and job costing tech connected and running smoothly!
  • Weekly bank reconciliation and coding transactions
  • Accounts Payable management – including compiling .aba files
  • Payroll, including STP obligations
  • Unlimited short phone calls and emails (fair use)

Annual Turnover

Standard Monthly Fee

Smith and Sons Monthly Fee

$250,000 $500 $450
$250,000 -$500,000 $750 $675
$500,000 – $1,000,000 $950 $860
$1,000,000 and above POA POA

 

BOOK A FREE CONSULTATION

Insights and Resources

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To find out more, call 1300 233 723 or follow the link below to book an initial consultation.

BOOK A FREE CONSULTATION