Financial Reporting & Analysis

Are you tired of spending countless hours manually tracking your sales and expenses and wondering how well your

business performance is going? Then you need a bookkeeper that can support you and your specific business reporting

needs - fast, functional and efficient.

We can generate regular reports for you, including Profit & Loss Statements, Balance Sheets, Cash Flow Analysis, Accounts Payable and Receivable reports, and more. We also offer customised reports that help you analyse your revenue and expenses.

And, if you need help in using Management Reports effectively, Setting Budgets, Strategic Planning or understanding the financial impacts of a proposed change, we are here to guide you.

Statement of Cash Flows

Cash Flow Management is one of the most critical areas of running a business. A statement of cash flows shows the amount of cash generated and used in a given period. Cash flow can be attributed to a specific project, or to a business as a whole and can be used as an indication of the financial strength of the business. We can help by producing regular Statement of Cash Flows reporting, which will assist you to monitor and manage your business cash flow, so you have funds when you need them.

Budgets & Forecasting Projections

The budget will set forth the cash available to the business. Once you have a realistic forecast of the money you anticipate having available, you can look at the potential categories of expenses and determine a realistic amount to spend in each category. Most budgets are works in progress with several revisions. We can help forecast income and expenditure and compare with your actual results to see if your business is operating as planned. Your budget will assist you when tracking the flow and progress of your business by providing you with a picture of how much you are spending and in which areas you are exceeding your projected spending limits.

Profit & Loss Statements

Profit and loss statements provide the business owner with a summary of the financial performance of a business over a set time period - monthly, quarterly or annually are the most common used. It reflects the past performance of the business and is the report most often used by small business owners to track how their business is performing. This report is crucial to any business and we can help you with regular reporting which will keep you empowered to monitor the performance of your business.

Balance Sheets

The balance sheet is the financial statement used to report on the financial position of the business. It provides a good picture of the financial health of a business and helps small business owners identify any changing trends, and understand the financial strength and capabilities of their business. We can assist you to establish regular reporting which will keep you well informed.

Reconciliation Reports

A reconciliation report makes it possible to review all transactions associated with a given account and make sure the account is balanced.

Account reconciliations are reconciled on a regular basis to maintain clean, up to date accounts and to enable timely financial reports and analysis.

We provide reconciliation services and reporting for:

Bank Accounts
Credit Card Accounts
Debtors (Accounts Receivables) Accounts
Creditors (Accounts Payable) Accounts

We can assist you with your reconciliation needs and provide a service customised to your reporting time period requirements - weekly, fortnightly, monthly, bi-monthly, quarterly, half yearly or annually.

Standard & End of Year Financial Reports

Our Standard and End of Year Financial reporting packages can be tailored to your business requirements. We can prepare your accounts remotely or via the Internet, so where ever you are in Australia we can provide you with a professional bookkeeping service to meet your business needs and circumstances.

We provide flexible reporting periods, including weekly, fortnightly, monthly, bi-monthly, quarterly, half yearly and on an annual basis. We can also arrange for your End of Year Financial Reports to be provided to your accountant.

We can provide:

sales & purchase reports
accounts receivable reports
accounts payable reports
ageing reports & summaries
Reconciliation Reports
- Bank Accounts
- Credit Card Accounts
- Debtors (Accounts Receivables) Accounts
- Creditors (Accounts Payable) Accounts
Trial Balance reports
Balance Sheets
Profit & Loss Statements
Statement of Cash Flows
Budgets & Projections reports
Management accounts reporting
General Ledger reports
Customer Reports
Employee Reports
Break-up of Expenses
Customised reporting

Reporting Analysis

Sometimes handing over a report full of numbers to the business owner may not be the most meaningful way to deliver information relating to the current status of a business. Some owners prefer that these numbers are accompanied by an analysis of the numbers in relation to previous period measured against budgeted performance. We can assist with a customised and agreed reporting analysis package which will add value in the manner you read and interpret your business performance reports.

BAS & the ATO

We have arrangements in place with authorised qualified and accredited representatives to allow for the management of our BAS & Obligation services. Our authorised representatives are fully qualified and Registered BAS Agents, compliant with the latest Government regulations and authorised to deal direct with the ATO.

We will make sure your ATO deadlines are met on time, every time.

And, we will help you know how much GST you need to keep aside? We can help you to avoid some of the unexpected pain that comes with paying three months worth of GST in one lump sum. Each month we let you know how much to set aside to ensure that you provision for your quarterly liability.

Not only will we be able to prepare your BAS statements, but through our authorised representatives we can arrange for electronic lodgement of your BAS with the ATO.