Case Study: Edwards Electrical and Solar

Edwards Electrical and Solar business owner, Stephen Edwards, was previously using accounting software Cashflow Manager. Whilst it had some great features, it was not cloud-based, which meant Stephen had to make back-ups of his account records before emailing it to his accountant. Stephen was looking for a company that had up-to-date knowledge of online accounting software, Xero and subsequently made contact with Xero platinum partner, Carbon Group.

Problems

• Current accounting software (Cashflow Manager) was not cloud-based.
• Administration tasks became very time-consuming.
• In-person meetings with the current accountant reduced time for billable fieldwork.
• Had to do manual back-ups of accounts on a regular basis.

Solutions

Carbon Bookkeeping & CFO Services:

• Integrated Xero, giving Stephen access to his accounts from anywhere, on any device.
• Provided Stephen with Xero training that was relevant to his business.
• Automatic bank feeds through Xero reduces the time needed to spend in the office manually doing tasks.
• Online access to accounts allows Carbon to view and monitor records remotely, reducing the number of in-person meetings required for minor issues.

Carbon Accounting & Tax:

• Provided tax planning and strategy services to minimise tax and avoids EOFY shocks.
• Conducts yearly compliance work to ensure quality preparation of income tax return.

Carbon Services

• Bookkeeping & CFO Services
• Xero Setup & Training
• Accounting & Tax
• Business Financials & Tax Returns
• Tax Planning

Wanting to reduce your costs and time spent on administration tasks?

As a Xero Platinum Partner, and Australia’s largest Xero partners, Carbon is here for you.