Our experts list the best accounting firms in Melbourne that provide a wide variety of services, from cloud accounting to payroll processing, bookkeeping and more. Filter to sort them by average rates, client reviews, team size and budget, and select the best match for your business needs.

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  • Affordable Accounting Solutions for Small Businesses in Australia

    Elite Plus Accounting offers friendly and reliable accounting, bookkeeping, payroll, and business advice from our office in Melbourne. We work mainly with small to medium businesses and individuals, helping with superannuation/SMSF advice, BAS lodgements, and planning for growthall backed by fast and helpful...

    Location
    Melbourne, Australia
    Number of Employees
    100 - 249
    Average Hourly Rate
    $50/hr
    Minimal Budget
    Under $1,000

    Elite Plus Accounting Services

    • Accounting
    Data sourced from the agency's DesignRush profile, its website, and other relevant accounts
    • Plumbing & Maintenance Company (Sydney)
    • Healthcare Practice
    • Wholesale Distribution Company
    Data sourced from the agency's DesignRush profile

    Elite Plus Accounting Reviews & Testimonials

    • Ed Williams
      Ed Williams Review from Google
      5.0

      Ed Williams's Review Sourced from Google

      I've been very pleased with the support the Henry and the team at Elite Plus have provided in helping support some business entities that I didn't have the direct capacity to look after. They have provided a thorough service at excellent value and highly recommend their services.

    • Raman Bhambhu
      Raman Bhambhu Review from Google
      5.0

      Raman Bhambhu's Review Sourced from Google

      Really impressed with the team at Elite Plus Accounting. They provided practical advice that saved me more than $1,000. Very responsive, professional and easy to deal with. Highly recommended.

    • Shiv Partap
      Shiv Partap Review from Google
      5.0

      Shiv Partap's Review Sourced from Google

      Henry has been great to work with. He understands small businesses and provides practical advice. Since working with Elite Plus Accounting our financial reporting has been much clearer.

    Reviews verified by DesignRush and sourced from the agency's profile View All Reviews
  • Expat Tax Accountants In Melbourne

    Looking for expat tax accountants in Melbourne? As an award-winning CPA practice, AIM S Australia Pty Ltd stands out as the leading expat tax accountants in Melbourne. Tax Accountants at AIMS Australia focus on high-stakes compliance, specifically overdue tax return filing for non-residents and expats. From...

    Location
    Melbourne, Australia
    Number of Employees
    50 - 99
    Average Hourly Rate
    $450/hr

    AIMS Ausralia Pty Ltd Services

    • Accounting
    Data sourced from the agency's DesignRush profile, its website, and other relevant accounts
    • Corporate Services Industry
    • Finance Industry
    • Education Industry
    Data sourced from the agency's DesignRush profile

Frequently Asked Questions

How do I choose the right accounting firm in Melbourne?

To select the right accounting firm in Melbourne for your business, weigh its expertise against your required services to ensure it can help you meet your financial goals. Consider following these steps: 

  1. Define your business needs, financial goals, service frequency, and budget. 
  2. Verify the firm’s credibility by looking for relevant certifications and licences. 
  3. Assess its client service quality by reading through its client reviews and testimonies. 
  4. Review case studies to confirm its experience in your industry, business structure, and required service scope. 
  5. Send a request for proposal (RFP) to your top candidates and prioritise those that offer the best value for money. 
  6. Schedule an interview with the accounting team and ask about their processes and approach to your work. 
  7. Request for client references to get first-hand accounts of working with the Melbourne accounting firm. 
  8. Select the firm that can execute your service requirements and align with your business culture. 

Do you need help in your search? Visit our Marketplace and send us your requirements. We’ll match you with top Melbourne accounting firms free of charge! 

How can I verify the Melbourne accounting company’s credentials?

You can verify the credentials of a Melbourne accounting company by ensuring that it is registered in the following databases: 

You can also check the firm’s ASIC registration and its record of disciplinary actions to ensure a clean history. 

What factors affect the pricing of accounting services in Melbourne?

The pricing of accounting services in Melbourne depends on your business structure and size, service scope and complexity, frequency, and niche expertise required. For instance, a global enterprise will experience higher costs than a sole proprietor. Specialised services such as forensic accounting may incur higher costs, as they typically sit outside the scope of basic services.  

On average, a Melbourne accounting firm charges an hourly rate between AUD50 and AUD350. Small businesses can also expect to pay about AUD100 to AUD2,000. 

What is the process for working with a Melbourne accounting company?

The process for working with a Melbourne accounting company includes the accounting cycle, which typically follows these steps: 

  1. Identifying and sorting business transactions 
  2. Chronologically recording each transaction as a journal entry and separating these into debit or credit.  
  3. Posting the transactions to the general ledger. 
  4. Preparing an unadjusted trial balance at the end of the accounting period to check if the debit and credit amounts are equal. 
  5. Analysing the worksheet to identify discrepancies. 
  6. Adjusting journal entries. 
  7. Preparing the financial statements, including the balance sheet and cash flow statement. 
  8. Closing the books and preparing for the next accounting cycle. 

Should I hire an accounting firm in Melbourne or work with a nearshore/offshore provider?

Ultimately, it depends on your needs and goals. Melbourne accounting firms are experts in navigating the complex tax structures of the city and region. At the same time, they have experience with local and global regulations. Additionally, their proximity to your business can lead to faster response times, reduced business risks, and more personalised services.  

On the other hand, a nearshore or offshore provider may be more cost-effective, as Melbourne is one of the most expensive cities in the country. Another approach is the hybrid model that balances quality and affordability. 

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