Accounting and Reporting

Supporting You In Understanding Your Accounts

What would it be like for you and your business if you had someone regularly sit down and talking you through all your figures? Supporting you to understand what each area of your balance sheet means, and exploring how you can improve your cashflow and your profits?

What if each financial report build your confidence and competence in knowing exactly what is working for your business, and where you need to focus your attention?

What if you could run reports with ease, and be able to use the reports to inform your day-to-day decision making? If you were playing tennis, and spent all your time hitting the ball and never looked at the score board, how would you know if you were winning? Imagine all the lost opportunities if you only looked at the score every 12 months.

That’s what we offer our small to medium business accounting clients. 

No matter if you are relatively new in business, going through a growth phase or are well-established, we act as a trusted advisor and mentor to guide you through each stage of your business growth cycle. But we do it in a way that gives you back control and supports you for the future.

Accounting & Support

  • Recording accruals
  • Period end adjustments such as Pre-payments
  • Journal Entry
  • Monthly reports to management
  • Reconciliation of Balance Sheet

Reporting

  • Profit & Loss report
  • Balance Sheet & Trial Balance
  • Other reporting as required

Implementing financial & operational controls

  • Identifying potential risks to the business.
  • Developing financial & operational controls to reduce risks to the business.
  • Implementing financial & operational controls
  • Training staff to follow the requirements
  • Developing assessments to ensure that set goals are achieved.
  • Increasing productivity & efficiency
  • Identifying areas where productivity is low
  • Setting KPI’s
  • Improving efficiency

Assets & Depreciation

  • Maintenance of Asset schedules
  • Calculation of Depreciation as per company & ATO policy guidelines

Inventory Management

  • Setup of inventory items
  • Generate Purchase orders
  • Record purchases and sales
  • Stocktaking and reconciliation of inventory

Budgeting & forecasting

  • Developing budget & forecasting templates
  • Developing revenue strategies
  • Setting Key Performance Indicators (KPI’s)
  • Competitor analysis
  • Capital budgeting
  • Sales & Marketing goals

What is Management Accounting?

These management accounting services will help you make informed business decisions. The reports we generate, will give you an up to date view on your finances, business performance and budget.

Where your business is concerned, these reports will also give you a comparative view of the current year, against the previous years and what you must aim for in the future. We know that every company is different, which is why we will work closely with you to create unique bespoke reporting solutions for your business.

Because, knowledge is power, you’ll wonder how you ever did business without getting these comprehensive management reports on a monthly basis.

Why use H & R Accountants for your management accounting services?

  • You will get your management reports on time, every time
  • You will get reports customized for your business
  • You will get clear insights to make informed decisions
  • You will get reports that are easy to read and analyze
  • You will get more free time to focus on other activities of your business
  • You will get structured and clear advice about your business finances
  • You will get an accountant always on hand to answer questions and provide support

Year End Accounts Preparation Services

As your business grows, your accounting requirements also grow with it. We can prepare your yearend accounts using your completed bookkeeping records. We will also tie all the loose ends in your bookkeeping while preparing your yearend accounts.

Yearend accounts will reveal insightful information about your business and would also help on your mortgage or loan application.

Why H & R Accountants for your yearend accounting?

  • We will check that you are claiming everything you are entitled to
  • We will visit your office (when you need us)
  • We are local and available to you anytime
  • We will make year accounting a happy stress free experience
  • You get a great service at a fixed (and affordable) price
  • We help you plan and set budgets for the following year
  • We can save you money with taxman

We offer a highly competitive price with flexible appointment times. We promise you a professional, friendly service.