Scope and fees / Adelaide businesses
What affects bookkeeping and Virtual CFO costs in Adelaide?
A useful quote explains the work, how often it happens and who is responsible for each task. Comparing only an hourly rate can miss differences in scope. Here is what to ask before choosing bookkeeping or Virtual CFO support for your Adelaide business.
Start with the records that need attention
Bookkeeping effort depends on more than the number of bank transactions. Multiple accounts, card settlements, missing documents, old balances and different sales channels can all change the work.
Separate any catch-up project from regular monthly support. Ask which months will be repaired, how unresolved items will be recorded and what you receive at handover.
- Which businesses, bank accounts and sales channels are included?
- How many periods are overdue, and which starting balances need checking?
- Who collects missing invoices and answers transaction questions?
- What payroll records, reports and year-end schedules are included?
Define the Virtual CFO service
Virtual CFO support uses financial information to help you plan and discuss decisions. The scope may include management reports, budgets, cash-flow forecasts and regular meetings. The number of entities, report detail and meeting schedule affect the quote.
Bookkeeping may be a separate service. Ask whether your existing records are ready for reporting and whether cleanup is needed before a forecast can be useful.
- Which decisions and reports will the service cover?
- How far ahead will the cash plan look?
- How often will we meet, and who attends?
- Is a dashboard build separate from ongoing reporting?
Check separate costs and responsibilities
Software subscriptions, specialist integrations, a new reporting setup or additional catch-up work may sit outside a regular fee. Ask how extra work is approved and whether the quoted amount includes GST.
BAS preparation and lodgement, tax services and regulated reporting need a clear provider. srwn agrees these responsibilities with registered partners or your existing tax agent. Do not assume that every accounting task is included in a general bookkeeping quote.
Compare the written scope
Compare quotes using the same set of tasks, periods, deadlines and outputs. A lower price may cover less work; a larger package may include support you do not need. Ask what happens when transactions, locations or reporting needs change.
srwn’s first review is free. We review the records and agree the work and fee in writing before starting. We do not publish a standard price here because the work needs to be assessed first. This guide does not claim a market-average rate.
Sources and further reading
This guide is general information. Your records and arrangements need their own review. Registered partners or your existing tax agent provide BAS and tax services.