Financial Reporting

Financial Reporting Service

Without financial reporting you don’t really know how your business is performing and where you are heading. Sheils Bookkeeping Service provides a range of financial reports, many of which are accessed through your accounting software such as Xero. 

Having access to financial information enables business owners to make decisions such as major purchases, hiring new team members and keeping money aside for paying tax and business loans.

How Financial Reports Help your Business

We provide financial reports to help your business. And they can help you stay on top of your accounts receivable and accounts payable. Here are a few reasons to make the most of our financial reporting.

  • Cashflow forecasting
  • Managing stock, inventory levels and supplier payments
  • Managing superannuation payments to employees
  • Ensuring payroll is prioritised
  • Helps you understand any seasonal changes or quiet times for your business
  • Unpaid and overdue invoices 

Book A Discovery Call

Let us assist you looking after your business by taking care of your accounts and financial reporting.  
Call us today for your free consultation and discover how we’ll help you make better decisions.

Types of Reports and Financial Statements

Most accounting software such as Xero include the ability to run a number of reports. The types of financial reports available typically include:

  • Expenses
  • Revenue
  • Superannuation
  • Payroll
  • Invoicing
  • BAS
  • Profit and Loss
  • Assets and Liabilities

Benefits of Financial Reporting?

Making informed business decisions at the right time requires accurate figures provided in a timely manner.  The financial reports we provide gives you a multitude of information. The benefits of having financial reports available include the following.

Why choose Sheils Bookkeeping Service for financial reporting?

  • We know when your file is fully reconciled, so that you have accurate reports.
  • We can run reports at any time and can provide details of what might be missing.
  • We can tailor the reports to your requirements.
  • If you don’t understand your reports we can explain them to you in plain language.

Client Reviews

Laurelle Halford
Laurelle Halford
2023-09-16
Sheila and her team are amazing, so responsive and personable. I can ask any dumb question and they have great advice. As a business owner I feel safe and comfortable in their hands.
Minuteman Press Mitcham
Minuteman Press Mitcham
2023-01-10
We've been using Sheils for the last couple of years and could not be happier. Super diligent work, very easy to talk to and always there to answer anything we need to make the right business decisions.
Peter Blasch
Peter Blasch
2020-05-26
I have known Sheila from Sheils Bookkeeping Service for many years. In this time Sheila has always displayed a high degree of professionalism and authority in the service she provides. I would highly recommend her to Business owners who are looking to get a quality Bookkeeper . Peter at Maverick Mentoring For Business
Katrina Mitropoulos
Katrina Mitropoulos
2020-05-22
Sheils has been amazing to deal with for our small family business bookkeeping needs, very approachable, friendly and professional. I would highly recommend Sheils to any small or large business that requires book keeping, her attention to detail is exceptional and her costs are reasonable.
Jodi Crocker
Jodi Crocker
2019-10-25
I highly recommend Sheils for your bookkeeping needs. I entrust her with my three different businesses and find her an excellent, reliable and experienced resource. She is approaches all requests with patience and diligence which I find a great asset as we navigate around layers and questions concerning wages, rates, etc. She is a delight.
Ashley Hann
Ashley Hann
2019-10-13
For me to highly recommend Sheils would be an understatement. Attention to detail, Care for Me, my Business, my Team are just the start of the qualities that Sheils brings to my life, my Business. I have other business associates complimenting the work of Sheils, which is a credit to Sheils attention to the work. Ashley G. Hann
Craig Arrowsmith
Craig Arrowsmith
2018-09-26
We have used Sheils for many years. Her expertise and professionalism has streamlined the way we handle our accounting and saved us both time and money. Highly recommend.