Blogs

Jan

How to be Better Prepared for a Financial Audit

January 11, 2022

As the time for financial audits comes closer, it can create a stressful and difficult work environment for any business professional. Getting your finances in order and looking for missing receipts and paperwork can take you away from other important jobs that need to be done. So, how can you better prepare for a financial...

Dec

Simple Ways To Increase Efficiency Within Your Small Business

December 30, 2021

Maintaining excellent efficiency levels is vital when you’re aiming to achieve success as a small business, as every minute matters when you have a limited team. Thankfully, learning how to increase your efficiency levels couldn’t be simpler, as there are several innovative ideas and recommendations that you can utilize to boost your small business in...

Dec

5 Reasons You Need A Small Business Accountant

December 14, 2021

Every business needs a financial expert on hand to help them with their accounting. There’s no need to navigate your way around your payroll or paying your bills yourself; not when you can benefit from the help of one of the best small business accountants Melbourne has to offer. Your business’s financial health is better...

Nov

How Small Business Accountants Can Help Improve Your Cash Flow

November 30, 2021

Making more money than what your business is spending may sound simple in theory, but it comprises much more than profitability – especially if you are a small business owner already struggling to find their footing in the competitive marketplace. Positive cash flow management can help you sustain your operations, pay your debt, and expand...

Nov

BEST WAY TO KEEP TAX RECORDS TO MAXIMISE YOUR DEDUCTIONS

November 19, 2021

You are aware that tax returns are about records as this is the only way that you can maximize the tax deductions. The ATO is very strict and pays attention to any claims and requires proper records to substantiate tax deductions. Seeing that the lodgment of tax returns happens only once a year, you may be caught...

Oct

WHY SHOULD YOU HIRE EXTERNAL BOOKKEEPING SERVICES

October 27, 2021

Whether you’re a sole trader selling homemade artisan candles at the markets or you’re a business owner running a large art gallery; every business needs an effective, qualified bookkeeper.The next question, however, is whether to hire an internal accountant or seek out external bookkeeping services. Opulent Accountants is an accounting firm offering bookkeeping to businesses...

Oct

5 Traits to Look for When Hiring an Accountant

October 22, 2021

Starting your own business is a tall order. Keeping it afloat is even more difficult. Luckily, having a qualified accountant by your side can help you take the world by storm and scale new heights of success. However, when it comes to hiring accountants, Melbourne has a large pool of options to choose from – and this...

Sep

Why is Cloud Accounting Beneficial for Your Small Business?

September 30, 2021

Small businesses are continually growing and helping the economy in several ways – especially when we talk of Melbourne, Australia – the city is home to about 604,379 small businesses. If you are an owner of one, you may have realized how crucial accounting is for your business. Imagine if someone you can fully trust...

Sep

How Accountants Can Help Small Businesses Save Money

September 2, 2021

If you are a small business owner, cutting down expenses and maintaining a small staff for day-to-day activities are probably your top priorities. You may overlook the critical area of accounting in favour of doing your own taxes and preparing business reports, but did you know that professional accountants do more than just crunching numbers? Those who work with a small business accountant,...

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Moumita Ghosh

2020-11-18

We've been meeting Dayan for years now and he is great with his advice and is very knowledgeable and pragmatic. We recently used his services to get the home loan for our house and he and his team went above and beyond to get us the best possible deal. Ishara in his team was super communicative and responsive in following through and made the process very easy for us. Highly recommend them!

Cara Neela

2020-10-24

Dayan and Hasi are wonderful, wouldn’t hesitate to recommend them! They went through all with a fine tooth comb to ensure all was correct. Thanks to you both and the Opulent team!

Jason Barry

2020-09-29

I was looking for a different accountant and was recommended to Opulent Accountants. I have been blown away with there service. I wish I moved accountant sooner. Platinum Plumbing Enterprises P/L

Afshin Koohestani

2020-09-10

Uditha Illeperuma

2020-09-08

Opulent Finance gave professional advice for my unique home loan requirement. They respond quickly with the proper information. The process was smooth and I felt comfortable to deal with the team. The team is friendly and professional to deal with. Highly recommended for any one looking for finance.

Dinesh Fernando

2020-09-03

Very happy with the service provided in getting my tax returns done. Mr. Dayan is very helpful and professional and has extensive knowledge in his field of expertise. Highly recommend if you are looking for a hassle free and prompt service.

Ronald Turner

2020-07-16

Opulent were absolutely fantastic to deal with, they are competitively priced and incredibly proactive and friendly. For me I have been much better off using their fantastic services as opposed to doing tax returns myself. Sum was amazing, incredibly knowledgable and super friendlyI'll certainly be back with Opulent next year

Milinda Wickramasinghe

2020-07-05

Opulent team has been fantastic and it has been truly a pleasure dealing with the team for more than 10 years. Dayan and Ishara have gone above and beyond to assist and communicated with me even when I was overseas. Excellent service has being provided in a professional and timely manner. I would highly recommend the team.

Chami Ranaweera

2020-04-28

I have been working with Dayan last 9 years. All of my loans, refinance and tax are done through Opulent.Dayan and his team including Ishara are very helpful and easy to deal.

Edmund Lobo

2019-12-02

We were new entrants to the cattle farming scene. All the rules and regulations surrounding primary production can be very confusing. The team at Opulent Accountants walked us through all the steps, set up the necessary ABNs and Company / Trust accounts, filed the related pending BAS and Tax returns, and is currently keeping us up-to-date with all ATO related transactions. We recommend them highly to all.

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