ACCOUNTING SYSTEM SET-UP
For new businesses or those moving to a computerised or cloud accounting system – Xero, QBO or MYOB. We can help customize your chart of accounts and design your invoice / statement. We can also conduct the initial training for you and your staff for the basics of record keeping using your chosen software.
We believe in the adage “failing to plan is planning to fail”.
We encourage business owners to always have a business plan or if they already have one, have it updated and compared against their operating results.
We can assist you in this endeavour in preparing your business plan for a new or existing business or updating an existing one. In the process, you will have a ‘fresh’ outlook about your business coming from a third party.
The expected outcome would be a business plan that is SMART – Specific, Measurable, Attainable, Realistic and Time-bound.
BUSINESS HEALTH CHECK
We can perform a ‘business health check’ on your business and tell you the story behind the numbers. Find out what the numbers mean to you NOW and moving forward. Know the potential of your business as shown by your financials, be alerted with potential issues.
For us to provide this service, you will have to provide us with reliable financial statements at least 2 years from the current financial year.
Moving forward, we can design a comprehensive management reporting system that will help you get the more relevant and important information you need at your fingertips to help you run your business more efficiently and make more informed decisions accordingly.
Each business is unique and therefore require their own financial and management reporting system. It sometimes depends on the industry and type of business or areas/costs/sales that need close monitoring. There is not a ‘one size, fits all’ management reporting system.
If you are using Xero, QBO or MYOB and want to know more about it and its functionalities, we can conduct customised training session/s for you and/or your team onsite. We can also do comprehensive hands-on training on specific activities you may identify.
1300 920 558
Suite 525, 368 Sussex St., Sydney NSW 2000