Accounting For Professionals. Business Consultants. Financial Planners. Coaches & Advisors. Marketing & PR Agencies
Smart, Strategic Accounting for Professional Service Firms. Whether you bill by the hour or by the project, GRIT helps professional service businesses across Brisbane stay compliant, grow profitably, and make decisions backed by real numbers not guesswork.
No jargon. No off-the-shelf solutions. Just accurate numbers, clear tax guidance, and strategic advice that helps you
We’re not just business accountants
We’re partners in your business journey
Most professionals don’t need more complexity they need the right support. GRIT helps legal firms, consultants, financial planners, and agency owners get clarity on structure, tax, and strategy without slowing down or second-guessing.
Whether you’re transitioning from sole trader to company, restructuring for liability protection, or hiring your first employee, we make it make sense.
Our Services
How We Help Professional Services with Their Accounting
Structure That Supports Growth
We help professionals move from sole trader to company, or company to trust, at the right time and in the right way with strategy built in.
Clean, Useful Bookkeeping
See your numbers clearly, track profit margins, and stay compliant across all your income streams.
BAS, Payroll & ATO Sorted
We handle tax, BAS, GST, and payroll, so you don’t get caught out by compliance surprises.
Real Strategic Advice
We help you price with purpose, plan for seasonality, and protect your future — with the right financial advice at the right time.
Industries We Help
Tailored Accounting for Professional Services
Tailored Accounting for the Way You Work From legal trust accounts to client retainers and project-based billing, we help professional service businesses stay structured, compliant and ready to grow.
Legal Professionals
From trust account compliance to structuring advice, we support lawyers and legal consultants with clarity and precision.
Business Consultants
We’ll help you stay compliant, reduce tax, and make sense of cash flow — whether you’re solo or scaling up.
Financial Planners & Mortgage Brokers
We support advisory professionals with tailored bookkeeping, commission tracking, and tax strategy that supports growth.
Coaches & Advisors
Whether you’re business, mindset or financial — we’ll help you get clear on income streams, GST, and strategic growth.
Allied Health Providers
For physios, psychologists, and mobile practitioners — we keep your bookkeeping simple and your structure ATO-compliant.
Marketing & PR Agencies
We handle the tax, payroll, and forecasting so you can focus on client results and growing your retainer base.
FAQ for
Professional Services
What’s the best structure for my professional services firm?
The best structure depends on your income level, client type, team size, and long-term goals. Many professionals start as sole traders, but that model doesn’t always support growth or protect your assets. We often recommend moving to a company or trust structure once revenue becomes consistent, or when liability increases. For example, legal and financial services may benefit from hybrid structures like a discretionary trust with a corporate trustee to manage risk and tax effectively. At GRIT, we take the time to understand your business before giving advice. We’ll look at your income model, cash flow, licensing, and risk before recommending the right path forward.
What records do I need to keep for ATO compliance?
Professional service businesses need clear, reconciled books to stay ATO-compliant. That includes client invoices, expenses, payroll records (if you have staff), and any super or trust obligations. We use cloud-based systems to simplify your recordkeeping and ensure nothing is missed. Even if you’re behind, we can help clean it up.
Can you help with pricing and profitability?
Yes. Our advisory services go beyond tax we look at your service pricing, costs, margins, and how to build sustainable profit into your model. Whether you’re billing hourly or by project, we’ll help you understand your numbers and make informed decisions.
What if I work with clients outside Australia?
If you’re servicing international clients, we’ll guide you through GST obligations, currency reconciliation, and how to manage offshore income. We help professional services stay compliant, even across borders.
I’ve been operating for a while, is it too late to restructure?
Not at all. Many of our clients come to us after years in business, realising their current setup no longer fits. Whether it’s to bring on a business partner, reduce tax, or limit liability, we help transition your structure properly and without disrupting operations.