Pennywise Accountants
Pennywise accounting
Accounting Services2026-01-27T06:34:42+00:00

Accounting Services

Save Time & Reduce Tax Liability

Professional accounting services that save time, reduce tax liability, and drive growth for businesses across Sunbury and Melbourne.

Pennywise Accounting Services

We offer the financial expertise your business deserves

Outsourced CFO

Strategic financial leadership without full-time cost. High-level analysis, planning, and advisory services to drive informed business decisions and growth.

Cash Flow, Forecasting

Expert cash flow analysis and forecasting to anticipate financial needs and manage working capital. Detailed projections support strategic planning.

Financial Statements

Accurate preparation of Profit & Loss, Balance Sheets, and Cash Flow statements. Compliant with Australian standards and delivered on time for stakeholders.

Budgeting

Comprehensive budgeting services to plan, monitor, and control business finances. Realistic budgets with performance tracking and insights improve profitability.

ASIC Annual review, Changes

Complete ASIC annual review and company changes management. We handle annual returns, director updates, address changes, and ensure ASIC compliance on time.

Why Choose Us.

Over the years, we have established a solid reputation in the market because we never compromise on quality; therefore, we are considered to be one of the best bookkeeping services in Sunbury.

Local Expertise

Since we value your time and money, we believe in providing you with top-notch services that include real-time analytics and market trends to provide cash flow management strategies.

Tailored Solutions

We understand every business has unique needs and budgets. That's why we offer personalised accounting services designed specifically for your situation, whether you're a small startup or an established enterprise.

Advanced Technology

We leverage cutting-edge cloud-based accounting software like Xero and QuickBooks to streamline your financial processes. Our automated systems save time, reduce errors, and keep your data secure in the cloud.

Affordable Pricing

At Pennywise Accountants, we believe in honest, upfront pricing with no hidden charges. We provide clear quotes and deliver exceptional value, making professional accounting services accessible to all businesses today.

Compliance Management

Never miss a deadline again. Our vigilant team tracks all your tax obligations and compliance requirements, ensuring you avoid penalties and stay ahead of regulatory changes affecting your business operations.

Proven Results

With over 20 years of industry experience, we have supported 100+ clients and assisted 100+ businesses with their financial needs. Our team has successfully processed 100+ tax returns and continues to build trusted, long term partnerships with Melbourne businesses focused on growth and financial clarity.

Our Track Record

Numbers That Speak for Themselves

Clients Served

100+

Trusted partnership

Years of Expertise

20+

Industry experience

Tax Returns Filed

100+

Successfully processed

Businesses Assisted

100+

Growth enabled

Get a personal consultation.

Office

Sunbury Rd, Sunbury VIC 3429, Australia

Contact

info@pennywiseaccountants.com.au

Open Hours

Monday & Saturday: 8am — 6pm
Sunday: 11am — 4pm

Other accountancy services.

Bookkeeping

Professional bookkeeping services. Bank reconciliations, payroll, superannuation, and accounting software support.

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Business Taxation

Expert business taxation services in Sunbury. Tax planning, company returns, GST/BAS, and ATO compliance.

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Finance & Other Services

Professional finance services for your needs. Home loans, business loans, investment property, and migration services.

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Frequently Asked Questions

Get answers to common questions about business taxation, ATO compliance, and accounting services in Sunbury. Our expert team has compiled these FAQs to help you navigate Australian tax regulations, business structures, and financial requirements with confidence.

What’s the difference between a bookkeeper and an accountant?2026-01-28T05:39:42+00:00

Bookkeepers record daily financial transactions such as invoices and expenses. Accountants analyse, interpret, and report on that financial data to provide strategic insights, prepare financial statements and tax returns, and offer business advice. Bookkeeping is the foundation that accountants build upon. Think of bookkeepers as data-entry specialists and accountants as advisers who help you make informed decisions.

Can I do my own accounting or should I hire a professional?2026-01-28T05:39:18+00:00

You can handle basic bookkeeping yourself using accounting software, but hiring a professional becomes important as your business grows or faces complex tax situations. DIY accounting may work for simple businesses with straightforward finances; professionals can save you time, reduce errors, and help you maximise deductions and avoid penalties. Many businesses use a hybrid approach: daily tasks in-house, with tax preparation and financial analysis outsourced.

What accounting software do most small businesses use?2026-01-28T05:39:09+00:00

QuickBooks and Xero are widely used by small businesses; QuickBooks is popular among those working with accountants. FreshBooks is often chosen by freelancers for its simplicity, and Zoho Books offers comprehensive features for growing businesses. These cloud-based platforms typically provide invoicing, expense tracking, payroll management, and integrations with third-party apps. Choice depends on your size, industry, and whether you use an accountant.

How often should I meet with my accountant?2026-01-28T05:39:00+00:00

Many small businesses meet quarterly for financial reviews; monthly meetings can be useful during busy periods or when making significant decisions. Annual meetings may be sufficient for simple businesses with straightforward finances; complex businesses may benefit from monthly or more frequent contact. Regular communication helps your accountant stay current and provide timely advice.

What documents do I need to prepare for my accountant?2026-01-28T05:39:00+00:00

Gather bank statements, receipts, invoices, payroll records, tax documents, and any previous financial statements. You may also need business licences, contracts, loan documents, and records of major purchases or sales. Organising these by category and date helps your accountant identify deductions and issues more efficiently.

Trusted & Certified

Tax Agent Number
CPA Pennywise Accountants

Code of Professional Conduct obligations under the Tax Agent Services Act 2009

Pennywise accounting

Pennywise Accountants is a Sunbury-based accounting and advisory firm focused on your best interests. We provide quality accounting and advisory services with your needs placed first.

Overview

Business Info

Sunbury Rd, Sunbury VIC 3429, Australia

© 2026 • Pennywise Accountants

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