Our Service Offering
At Safety In Numbers, we literally can take ALL of the general administration and financial management off of your hands. We handle your day-to-day needs, your strategic growth and reporting requirements, all in one.
By reducing paperwork and minimising your stress, we allow you to focus on what’s truly important — steering your enterprise in the right direction!
As your certified business consultants, we are here to ensure that all your business decisions are made carefully and with your best interests in mind.
Our aim is to become your Partner and Trusted Advisor, ensuring your business success at every turn.
- Virtual CFO
- Executive Virtual Assistant
- Virtual Bookkeeping
- Social Media and Website Management
- Business Analysis and Reporting
- ASIC Compliance
- Rescue Bookkeeping
- Trust Accounts
Ever wished you could go out and hire a Virtual CFO for your business? Are you being dragged down by the weight of your financial management tasks?
Kylea provides her expertise in offering a Virtual Chief Financial Officer service to handle the strategic financial management of your business.
As your certified business advisors, we are here to ensure that all your business decisions are made carefully and with your best interests in mind. We are ready and able to serve as your advisor to guide you along your path to success.
The best bit?
We don’t just give advice! We roll up our sleeves, and work right alongside you, sharing your business load. This gives you with the time you need to focus on your businesses building and growth strategies, to help you achieve the success you so richly deserve. We effectively become part of your management team as your part-time CFO or Financial Controller.
Virtual CFO suits those business owners who want business and financial advice, financial and KPI monitoring, regular contact and management consulting.
We will regularly monitor and report to you on the performance of your business and will provide you with advice and suggestions to make the right business decisions.
- Monthly Management Reporting
- Board Reports
- Financial Planning and Analysis
- Financial Modelling
- Cashflow Management
- Annual Forecast and Rolling Forecast
- KPI’s and Scorecards
Amazingly, so many small businesses try to survive without a budget or adequate forecasting. Driving your business towards true profitability is so much easier with guidelines and accountability!
We not only help you to establish budgets and forecasts, but we can also provide the reporting and mentoring to help you stick to them.
Starting with looking at what has happened in the past, we extrapolate those numbers with your help, to give you insights into the future. We can even help you test “what/if” scenarios to see what impacts proposed changes might have on your business growth and profitability.
Executive Virtual Assistant
Have you been thinking about hiring a Virtual Assistant? Why not hire an Executive Virtual Assistant.
If you’ve ever looked into it, you’ll probably have realised that Virtual Assistants come in all shapes and forms and that no two are alike.
It’s a term that’s often thrown around the online business world a fair amount these days, and often many VA’s proclaim to cover everything from general admin, marketing, social media management and even website development.
At Safety In Numbers, we like to keep things specialised and offer Executive Virtual Assistance in the truest sense, by specifically providing general business administration support. We love nothing more than deep diving into the administration requirements of your business and developing streamlined processes to get everything running as smoothly as possible.
Our services include:
- Virtual Office Management
- Client Coordination/Management
- Email and Calendar Management
- Policy and Procedure Management
- Travel and Accommodation Bookings/Coordination
- Document Preparation
- Data Entry
- Internet Research
- Audio/Digital transcription
We can take care of all operational functions by working with you to create a perfect and productive office. This allows you to fully concentrate on building your business, rather than being overwhelmed with the daily management.
So instead of accomplishing those critical (but time-consuming) administrative tasks, you get the most valuable asset in business: more time to focus on what matters most.
Day-to-day bookkeeping can be such a frustrating, laborious task as a business owner.
These things must be done, however, and the more accurate you are, the easier it will be to report correctly and maintain your compliance with the relevant regulations.
At Safety In Numbers, we are proud to be ‘Number Nerds’.
We love getting stuck into entering all those pesky receipts and tracking your business income.
What’s more – we get it right! Which makes your Business Analysis & Reporting so much easier to complete.
Our services include:
- Payroll and Superannuation (under the supervision of ABN BAS – BAS Agent number 91970004)
- Transaction Processing, AP and AR
- Bank Payments and Reconciliation
- Accrual Accounting and GL Reconciliations
- BAS and PAYG (under the supervision of ABN BAS – BAS Agent number 91970004)
- Systems Implementation, Process Automation.
We strongly believe that your accounts are your most important business asset. They are what your business is valued on and the key tool needed whenever you make business decisions.
It’s not surprising that when you need a loan or additional finance, banks ask to see your accounts. They are like an X-Ray of your business and let you and everyone else who needs to, see what is going on.
What Is Bookkeeping?
Bookkeeping involves the recording of financial transactions. Transactions include purchases, sales, receipts and payments by an individual or organisation.
It is a legal requirement to record all financial transactions that are accurate and true for a period of at least 5 years from the date that the documents were prepared, obtained or the transaction completed, whichever occurs the latest.
Being compliant on this front can be a very time-consuming process and causes many headaches for small and medium businesses.
We can help you to get your books RIGHT, by providing bookkeeping services that will free up your valuable time, so you don’t have to worry.
Social Media and Website Management
Social Media and websites are an essential part of marketing for any business, as most business owners know. Many business owners find out that they have very little time to focus on social media marketing at a level that will create and build a community and get their marketing messages out there.
With the tools changing all the time, it is challenging to stay on top of them. At Safety In Numbers, we make every effort to keep on top of all the latest social media platforms and trends and focus on what works best for your business.
Let us help you create social media profiles and websites that attract attention to your brand and products.
Whether you are new in business or have been in business for a while now, taking advantage of the popularity of Facebook to drive your business is a wise decision. We ensure that you start on the right foot and understand the critical components needed to attract attention to this powerful platform. Safety In Numbers can take care of your social media from setting it up to writing the content and creating captivating images. We can also schedule your posts at times of the day and week that have the most impact.
Let us help you to create social media profiles that attract attention to your brand and products. This includes ensuring that your imagery, settings and posts are working in your favour for your chosen social media platforms.
Business Analysis and Reporting
Once we’ve taken care of all that pesky bookkeeping, we’re now ready to compile reports and perform some comprehensive business analysis to ensure you’re still on track.
With our wealth of experience, we can run the figures and give you a very clear picture of what’s working, what’s not and where you could possibly improve the efficiency of your operations to improve your business.
Financial reports are quite simply the documents and records you put together to track and review how much money your business is making (or not).
We can provide the following financial reports for your business so that you know exactly how your business is performing. This will help you to develop the right strategies at the right time.
- Profit and loss statements and balances sheets
- Cashflow reporting
- Budget analysis
- KPI Reports
- End of year processes
- Monthly Reporting
- Quarterly Reporting
- EOFY Reconciliation & Reporting
- Superannuation Reporting
- BAS Reporting
- Budget Reporting
We can provide as much reporting as your business requires. We always reconcile and process EOM reports, as part of our standard process, however, we can provide more detailed and more frequent reporting if desired.
ASIC Compliance can be a real sticking point for growing businesses, and we would certainly not want you to land yourself in hot water by attempting to handle it yourself.
Kylea is a qualified, certified Accountant, with a 21-year history of managing these tricky areas so she can personally ensure ALL your compliance needs are well and truly met.
We act as an intermediary between your company and ASIC to ensure your business meets its lodgement obligations more efficiently. Our team can manage your company’s routine requirements with ASIC without any stress for you.
As we lodge on behalf of many companies, just like yours, we’re up to date with the all the requirements companies need to meet under the Corporations Act 2001.
We utilise an online lodgement service to ensure your company details are current with ASIC, and that you have received the annual review documents.
Services we offer include:
- Act as a registered office
- Company Annual Statements
- Monitor Compliance with Company Registers, Changes in Directors and Annual Review
- Monitor and Submit Changes/Documents
- Set up a Company or a Trust
- Register a Trading Name
Are your accounts in chaos and not current?
Are you overwhelmed and don’t know where to start? We can assist by getting the accounts organised and fully reconciled.
We understand there are many reasons why your business accounts can get out of hand or out of date. It’s not deliberate. You had good intentions. Time runs away from you because you are busy running a business. Before you know it, it’s BAS time AGAIN and you know you’re going to have to spend the weekend getting it done. Or maybe you had someone who you thought you could trust but got it all wrong because of their inexperience. Whatever the reasons, we are here to help. We will work with you to rectify your financial and business information as smoothly as possible.
Rescue bookkeeping often involves being a detective who must analyse the errors or omissions in the accounts and make sense of the data that is currently in disarray. Frequently it is necessary to correct errors from prior years that are affecting current reporting.
This detailed investigation and correction of accounts is highly specialised work.
We will begin by reviewing and reconciling all balance sheet accounts, including GST and ATO liabilities, superannuation, inventory, accounts payable, accounts receivable and correcting previous BAS lodgements if required. Rescue work often includes correcting errors in payroll, such as termination payments and leave payments, and resolving incorrect pay runs.
Once we have cleaned up your accounts, you can be assured that you have up-to-date ATO lodgements, dependable data and accurate reporting.
Are you a Legal Practice required to operate a Trust Account? Are you a Real Estate Practice required to operate a Trust Account? Are you an Accounting Practice required to operate a Trust Account? Are you sick of worrying if your Trust Account is compliant? Are you meeting the requirements of your state and industry? Is this taking time away for you focusing on your business?
Kylea provides her expertise in offering Trust Account Services to handle this for your business. With 13 years’ experience in managing these tricky areas, she can personally ensure ALL your Trust Account needs are well and truly met.
We can take care of accounting for your trust account for your practice.
Services we offer include:
- Reconcile Trust Account Weekly in accordance with your industry Regulations
- Prepare Month End Reports including Trust Reconciliation, Trial Balance, Overdrawn, Journals, Cash Payments and Cash Receipts Reports
When you outsource your Trust Accounting our industry educated specialists you can be confident that you have the qualified support to deliver a seamless and professional service. This back-end support provides your office with the confidence to function without disruption if a team member takes leave or unexpectedly resigns.
We will ensure that your Trust Account is legislatively compliant in Australia.
If you would like to talk to us in person to discuss your business please book a free 15 minute consultation
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