We provide full range of services including Basic Bookkeeping i.e Bank reconciliation, Debtor and creditor reporting, cash flow management, Profit and loss reporting, BAS reports, IAS reports; Complete payroll, PAYG summary; managing the internal KPIs i.e Internal reporting.
Profit & loss is the financial report generated for the business owner to analyse their revenue, costs and expense. It is also called income statement, commonly produced for quarterly, monthly or yearly. It tells you where you are on right track of getting profit or you are struggling. Most importantly, it lets you can compare your actual expenses with budgeted cost and see how you are tracking.