We Provide You with Accurate Management & Financial Reports So You Can Make Strategic Business Decisions in Real Time.

Making sure all the compliance requirements are fulfilled for your business is both good bookkeeping, and good business. What empowers our clients around their finances is providing them with timely meaningful reports. They can quickly see, at a glance, how their business is performing. For our clients, this is incredibly important, because it allows them to effectively plan and grow their business. We can provide the standard set of Profit and Loss reports from MYOB or Xero, but if you need more information we can provide you with a variety of reports to suit your budget and your needs. Importantly, we explain it all in a language that you can understand. No more jargon or technical language.

Quarterly Financial Reports

In the Quarterly report, we make comparisons from this year to last year, this quarter to the same quarter last year, and this month to last month. We include the Cost of Goods Sold and Expenses represented as a % of the Sales and the Balance Sheet. We will also sit with you and help you understand what the figures mean and where they come from.  A copy of this report goes to your Accountant, so they get a snapshot of where your business is at, and to give a more in-depth analysis of your financial position. We recommend this for micro to small business owners who don’t want to grow their business beyond what they can manage themselves.

Quarterly Board Report (Fitness Review)

The Fitness Review (Board Report) is a comprehensive report which examines the following KPI’s in the business:

1. Cash Flow
2. Sales
3. Gross Profit
4. Net Profit
5. Accounts Receivable and Accounts Payable Collection Rate
6. Current Ratio

The Quarterly Financial Reports include an analysis by a Specialist Bookkeeper

Strategic Reporting

Most Sole Traders or a small to medium sized businesses don’t have a “Board” that they are required to report to each month. We encourage our clients to think and behave they are larger than they really are which has a flow-on effect of generating growth in their business. On the other hand, some business owners keep a lot of the financial information in their head and manage to run their business successfully for many years. There usually comes a point though where the business has outgrown them and they need to share part of that load. The only way to do this successfully is to have a set of reports that can be discussed with all the stakeholders in the business.

Monthly Strategic Board Reports

This set of reports is suitable for business owners who need to make strategic decisions month by month.  It includes:

• KPI reports (customised for your business)
• Budget analysis
• Cash Flow Analysis
• A session with a Specialist Bookkeeper to determine your specific KPI’s

The cost of setting up and producing these customised reports is determined by your individual business needs.  

Is Yours a New Business?

We've all been at the beginning before, so we understand that cost is often a big consideration for new business owners.  However, your best bet for success is to have a clear financial position.  We help you get organised and provide training and support to make it as easy as possible. We will set-up the software, including customise the Chart of Accounts specific to your business needs, branding and customising your sales invoices and other templates, setting up bank feeds and Payroll if required.
We will introduce The Pure Bookkeeping Systems for organising your paperwork ready for processing. Once we have completed the initial set-up and got your accounts up to speed, we will set you up on the most appropriate Fixed or Variable package for your software subscription and Ongoing Bookkeeping.
When it comes to keeping your business books in order, our experience is definitely that getting things set up properly from the get go is infinitely more cost effective, efficient and just plain smarter than trying to cut corners on this aspect of your business life.

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