Hiring someone for bookkeeping and accounting will help you keep your books up-to-date and accurate, however it won’t do any good if the daily data they are crunching doesn’t help you generate revenue. As the business owner or director, do you have the useful information at your fingertips?
Most owners or director don’t get what they really need from their bookkeeper and accountants each month. Management reporting gives you the relevant financial information you need to make better decisions that improve their business operations and help them to make strategic plan.
what we can help
payroll
weekly payruns
monthly IAS
superannuation lodgement
end of year payroll reconciliation
BUDGETS AND FORECASTING
Establish annual budget
set short and long term goals
provide actual against your budget on a monthly basis
MONTHLY MEETING
review financial reports
flag areas of concern
discuss improvement strategies
NEW BUSINESS INCORPORATION
setup new company online
assist with business structure
reconciliations & bas
review and process bank reconciliations
prepare and lodge Business Activity Statements
FINANCIAL ANALYSIS
How to utilise cloud tool to analyse business performance with KPIs
profitability analysis
SOFTWARE IMPLEMENTATION
ERP implementation in cloud based accounting software
certified advisor in most popular systems and inventory solutions
management Reports
monthly management reports, including Profit and Loss, Balance Sheet and business performance metrics
year end financial reports, including consolidated financial reports and commentary
CASH FLOW MANAGEMENT
Centralised cashflow management strategies
3-6 month cash flow forecast
BUSINESS STRATEGY
The startup and small business marketplace is still a new and fierce frontier that requires financials advice from accountants who are deeply entrenched in the particulars of planning and execution. We offer a competitive advantage that can help you save money and make more of it in the long run, with a balance of business, operational, and financial strategies that had clear execution and built-in problem-solving contingencies. Our holistic approach is essential to any company looking to grow.
Outsourcing management reporting could end up being less expensive than hiring staff that have the expertise to deliver this level of accounting on a monthly basis. You will get an on-time month-end close that includes financial and management reports that help you avoid mistakes and grow your business.
OZD Accounting & Business Advisory is well equipped to serve as your outsourced bookkeeping and accounting department. Contact us today!
How it works:
please fill in your business details
If you would like to implement new / replace existing accounting system, contact us for pricing
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