Accounting Information Checklist:

We will provide an appropriate checklist of records, documentation and information required for the preparation of your financial reports and related tax returns

Records Folder:

We will assist you to establish a records folder whuch is specifically tabulated so that you can collate your information in a methodical manner to assist with efficient processing and key document retention.

Cash Book Preparation:

We will prepare your cash books to record you receipts and payments in the manner determined by us to be most appropriate and efficient. This may be manual, computerised and where appropriate, utilising direct links to your bank accounts.

Xero and MYOB Accounting Packages:

We can facilitate the implementation of either Xero or MYOB Accounting software to provide a versatile accounting system designed for small/medium sized business. We can assist with installation, training, processing and production of reports. By using cloud technology we can, with your permission, access your information instantly to solve problems, input adjustments and provide reports.

General Ledger Maintenance:

We will maintain your general ledger to capture all your financial transactions from all sources and dissect them between the different categories of income, expenses, assets, liabilities and proprietors’ equity.

Journal Adjustments:

We will prepare journal entries for all transactions not captured by your general ledger from a direct source. These may include non-cash transactions such as depreciation and balance date adjustments such as debtors, creditors and inventories.

Account Reconciliations and Verifications:

We prepare a sophisticated set of working papers that support the information contained in the financial reports. These papers capture calculations and sources of information relied upon together with explanations of accounting data.

Financial Reports:

We will prepare periodical financial reports including a statement of financial performance detailing income and expenses (profit/loss) and a statement of financial position (assets/liabilities/equity) together with supporting explanatory notes. We apply high professional standards to ensure the accuracy and reliability of the information disclosed in these reports.

5 Year Performance Comparative:

A 5 year performance comparison will allow analysis of trends over an extended period that will enhance business decision making to impact the future.

Cash Flow Reports:

A statement of cash flows provides a vital analysis of the most important aspect of your business - where did the money come from and where did it go. We will provide this important report on a monthly, quarterly or annual basis.

Financial Performance Analysis / Ratios:

We will provide an analysis of your performance over the last year to assist in analysing the overall well-being of your business and identifying symptoms that require remedial action.