Reporting

At CSB, we are committed to delivering exceptional bookkeeping services that keep your business compliant while providing clear, accurate insights into its financial health. Using your preferred accounting software, we generate detailed profit and loss statements, and offer customised reporting options tailored to fit your budget. Our reports enable you to compare this year’s results with last year’s, giving you a deeper understanding of your financial performance and progress.

Quarterly Financial Reports
Our quarterly reports offer a comprehensive comparison of your current financial performance with last year’s figures, this quarter versus the same quarter last year, and this month versus the previous month. These reports include the Cost of Goods Sold (COGS) and expenses, represented as a percentage of your balance sheet and sales.

You can also share this report with your accountant, providing them with a snapshot of where your business stands. This allows for a deeper analysis of your financial situation and can aid in planning for the end of the financial year (EOFY). We recommend this service for both micro and small business owners who want to maintain a clear understanding of their financial position.

Annual Reports

At CSB, we encourage our clients to think and operate as if their business is larger than it is, as this mindset fosters growth and scalability. Many business owners keep financial information in their heads and manage their operations successfully for a time. However, our annual reports offer a valuable comparison of this year’s results to last year’s, helping you strategise and manage your business more effectively moving forward.

The annual reports include a Fitness Review, which evaluates five key performance indicators (KPIs) to assess the overall health of your business:

• Salew
• Cash Flow
• Net Profit
• Gross Profit
• Current Ratio
• Accounts Payable and Accounts Receivable Collection Rates

This report serves as an essential tool for business owners looking to analyse their financials in depth, identify areas for improvement, and make informed decisions for sustained growth.