Our overriding goal is to ensure all our businesses fulfil their compliance requirements. The next step is to provide detailed reports so our clients have all the information they need to make informed business decisions.
Every business is different, so instead of issuing standard reports, we create customized reports for each of our clients. Our clients can choose from weekly or monthly Profit & Loss reports from MYOB or Quicken or Balance Sheet and Cashflow reports.
We can also produce various reports according to our client’s needs – for example, sales reports, purchase reports, Client contact reports and inventory reports.
Quarterly Financial Reports
Ideal for: Sole Traders, micro and small business owners who want to keep their businesses to a manageable size
- Comparison of this year and current quarter with the same quarter from last year.
- Comparison of this month to last month
- Includes COS and Expenses as a percentage of the Sales and Balance Sheet
A copy is sent to your Accountant
Quarterly Board Reports
While most Sole Traders and SMEs (small to medium businesses) don’t have a ‘board’ they report to, it’s a good idea to start thinking on a bigger scale. By putting reporting processes in place, you’re setting your business up for stronger growth.
Ideal for: Small to medium business owners who are being outpaced by the growth of their business, or who wish to grow more rapidly.
This is a set of reports undertaken by a Specialist Bookkeeper to be discussed with the ‘stakeholders’ of the business, including:
- Cash Flow
- Gross Profit
- Net Profit
- Accounts Receivable and Accounts Payable Collection Rate
- Current Ratio
It will give you specific information about your business so that you can make strategic financial decisions.