Home » Bookkeeping, financial reporting and Virtual CFO

Bookkeeping, financial reporting and Virtual CFO

Virtual CFO and Financial Reporting Service

We provide Virtual CFO services to small and medium businesses with the scope of work including but not limited to below.

  • Implementing a budgetary control system and preparing cash flow forecast.
  • Preparing monthly report including budget versus actual variance analysis, actual vs forecasted cash flow and ratio analysis.
  • Providing useful financial insights to MDs and CFOs and answering their questions.
  • Reviewing accounts and monthly GL reconciliation to ensure that the accounts are accurate and up-to-date.

 

Bookkeeping and Payroll Service

  • Xero or any other accounting software setup and customisation
  • Preparing budget and forecast
  • Invoicing and receipts allocations and debtors management
  • Accounts payable
  • Payroll including payment summaries
  • Bank reconciliation
  • Superannuation
  • Workers compensation
  • BAS and IAS preparation/ lodgement and liaison with ATO if needed
  • Month end process and GL reconciliations
  • Monthly/ quarterly/ annual reports (P&L, cash flow, working capital, revenue analysis, variance analysis)
  • End of financial year reconciliation and preparation of tax return