Revolutionising Tax and BAS Returns: Intuit QuickBooks Tax Simplifies Accountants’ Workflows
Discover how Lucas & Co transformed their financial reporting with QuickBooks Tax, adding $100,000 to their bottom line while slashing hours of work. Join the tax revolution with QuickBooks!
Gold Coast-based Lucas & Co. Chartered Accountants was founded in 2010 by ex-Financial Controller and KPMG employee Jean-Marc Li. Today, the firm has grown to a team of ten based in three locations across the Gold Coast.
Lucas & Co. provides tax compliance advice in the SME market, specialising in the medical and property industries, while also handling a small quantity of financial reporting for ASX entities.
However, despite the team’s specialist knowledge, there was a problem. Lucas & Co. was using HandiSoft for tax form preparation and lodgement—but in Jean-Marc’s words, found it “expensive, restrictive, and resulted in too much data duplication”. After looking at alternatives, Jean-Marc was impressed by QuickBooks’ efficiencies and knowledgeable client-facing team.
The firm decided to make the switch over to QuickBooks Tax, powered by LodgeiT.
The results speak for themselves.
With its new, streamlined workflow, Lucas & Co. is now saving up to 30 hours each week and $100k per year.
Impressed by QuickBooks Tax, the firm also moved its payroll operations from MYOB over to QuickBooks Payroll powered by Employment Hero. Now, payroll is more seamless than ever.
Learn more about QuickBooks Tax at the weekly webinar
In 30 minutes learn how to streamline your practice and how to start with QuickBooks Tax:
● Connecting to the ATO
● Setting up team members and clients
● Completing an ITR
● The e-signature workflow, and more.
