Builders
Residential and commercial builders needing annual reporting, MFR support or a clearer view of their financial capacity.
QBCC Accounting
Stay on top of your QBCC financial requirements.
Practical accounting support for Queensland builders and contractors navigating QBCC financial reporting. I can help prepare the required figures and reports, review your financial position and explain what the numbers mean for your licence and maximum revenue.
Annual financial reporting
MFR reports and declarations
Maximum revenue reviews
Current ratio and NTA checks
Based in Albany Creek and supporting clients across Brisbane North and Australia-wide.
Who this is for
QBCC support for builders and contractors at every stage.
Whether you are completing annual reporting, applying for a licence change or responding to a change in your financial position, the underlying accounts need to be accurate and the reporting requirement needs to be understood.
Trade contractors
Licensed trade contractors managing variable revenue, subcontractor costs, debtors and working capital.
Growing businesses
Contractors approaching their nominated maximum revenue or planning to increase their licence capacity.
Companies and trusts
Businesses operating through company, trust or related-party structures that need balances presented correctly.
What's included
The financial information and reporting behind your QBCC obligations.
The scope depends on your licence category and the reason for reporting. I will confirm what is required, review or prepare the supporting accounts and schedules, and explain any issues affecting your current ratio, net tangible assets or nominated maximum revenue.
Annual financial reporting figures
MFR reports where required
Profit and loss review
Balance sheet review
Current ratio assessment
Net tangible asset assessment
Maximum revenue calculations
Debtor and creditor review
Related-party and trust balances
QBCC submission support
Why 85 Accounting
Clear, practical support from the accountant doing the work.
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Direct access
You deal directly with me, not a rotating team or junior staff member.
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Practical explanations
I explain what matters in plain English, without unnecessary accounting jargon.
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The bigger picture
Where useful, I will flag issues and opportunities that may affect your business or tax position.
How it works
Simple from start to finish.
I confirm the reporting trigger and due date first, then work through the financial information needed so you know what is being prepared, what it shows and what happens next.
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Confirm the requirement
We identify your licence category, reporting trigger, due date and whether an annual submission, declaration or accountant-prepared MFR report is required.
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Gather the information
You provide the accounting records, financial statements and supporting information relevant to the reporting period and business structure.
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Review the position
I review the figures, current ratio, net tangible assets, revenue position and any balances that may need clarification or adjustment.
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Prepare and finalise
The required information or report is prepared, explained and provided for submission, with any follow-up actions clearly identified.
Common questions
QBCC accounting FAQs.
Who needs to complete QBCC annual financial reporting?
Contractor-type licensees generally have annual financial reporting obligations. The information and supporting documents required depend on the licence category and maximum revenue. Other licence types may be exempt, so the first step is confirming the obligation that applies to you.
Is annual financial reporting the same as an MFR report?
No. Annual financial reporting is the recurring yearly submission. An MFR report or declaration is required in particular circumstances, such as certain licence applications, category or maximum revenue changes, or when the QBCC requests updated financial information.
Do I need an accountant to prepare the QBCC report?
Not every annual submission requires an accountant-prepared report. However, accountant involvement may be required for an MFR report or higher financial categories, and many contractors use an accountant to make sure the underlying figures and supporting statements are reliable.
What financial measures does the QBCC look at?
The QBCC minimum financial requirements include your current ratio, net tangible assets and maximum revenue capacity. The assessment can also be affected by your business structure, related-party balances, trust arrangements and the quality of the supporting financial information.
Can you help if my revenue is getting close to my approved maximum?
Yes. I can review your actual and projected revenue, assess the available net tangible assets and help identify whether a maximum revenue increase or other action may be needed before the business exceeds its current limit.
Related services
Support that works alongside your QBCC reporting.
Business Accounting
Ongoing accounts and financial statements that keep your business records accurate and ready for reporting.
Bookkeeping
Reliable bookkeeping and reconciliations to keep the underlying financial information current and usable.
Business Advisory
Cash flow, budgeting and financial reviews to help you plan for growth and changing revenue limits.
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Need help with a QBCC reporting requirement?
Book a free initial chat to discuss your situation, likely requirements and the next steps.