Virtual CFO / Adelaide
Virtual CFO in
Adelaide.
srwn provides Virtual CFO support for Adelaide businesses. Get regular help with your Adelaide business finances. We prepare monthly reports, plan for money coming in and going out, and meet to discuss decisions. We agree the work and fixed fee before we start.
An Adelaide practice led by management accountant Pargat Sandhu. Meet your accountant
See what changed
Monthly reports show changes in sales, costs and money in the bank. You can see what needs your attention. Where a dashboard suits the work, explore our Power BI financial reporting.
Plan the next step
A cash-flow forecast estimates money coming in and going out. We use it to compare hiring, purchases and growth plans before you decide. We also check when you may need the money.
Work through decisions
We meet regularly to discuss the numbers. We agree what needs doing first and write down the next steps.
A report, made useful
More than a list
of numbers.
Your reports should answer useful questions. How much did the business earn this month? What were the costs? What money came in and went out?
See what is left from your sales.
The cost of sales is the cost of the goods or services you sell. After taking this away, 65% of sales income is left in this example. This is the gross margin. It still needs to cover the other costs of running the business.
Read profit and cash together.
Profit is income minus costs. Your bank balance changes as money comes in and goes out. Looking at both helps you ask useful questions.
Gross margin65%
65% gross profit35% cost of sales
Profit this month
- Sales
- $48,000
- Cost of sales
- $16,800
- Gross profit
- $31,200
- Other running costs
- $24,600
- Profit after running costs
- $6,600
Money in the bank
- Balance at the start
- $14,000
- Money received
- $44,000
- Money paid
- $39,500
- Balance at the end
- $18,500
Simple example in Australian dollars (AUD). Profit figures do not include goods and services tax (GST). Money received or paid for tax or finance is not shown. We agree on what your reports cover based on your business.
The work we can take on
What’s included
We agree the work around your business, your records and the support you need.
srwn is your main contact for bookkeeping, reports and business finances. BAS means business activity statement. Registered partners handle BAS and tax services. We can also work with your existing tax agent.
- An updated cash-flow forecast
- We compare expected customer payments with wages, supplier bills and other payments due. We update the cash-flow forecast as your plans or payments change.
- Monthly financial reports
- We review income and costs in your profit and loss report. Your balance sheet shows what you own and owe. We also check margins, the share of sales left after costs, and other agreed figures.
- Checking the budget against results
- We compare your plan with your results. We explain the differences and what they could mean for the months ahead.
- Regular finance meetings
- We discuss your results and the decisions ahead. We write down the next steps, who will do the work and when.
- Finance controls and year-end support
- We check how you match account balances, approve payments and finish each month's accounts. We organise year-end records for your registered tax partner.
Choosing your support
What help does your business need?
CFO stands for chief financial officer. Virtual CFO support can help if you need regular help with finances but do not need to hire someone full time. We start with your decisions. We agree which reports you need, how much detail to include and how often to meet.
- Bookkeeping or Virtual CFO?
- Bookkeeping keeps your records up to date. Virtual CFO support uses these records to check business results, plan cash flow and discuss decisions. We can work with your bookkeeper or agree bookkeeping support separately.
- A decision to work through
- Hiring, buying equipment or waiting longer for customer payments changes how much cash you need. We compare the figures and explain what each plan is based on. We write down the next steps we agree with you.
- An agreed ongoing fee
- Your quote depends on the businesses involved, the report detail, how far ahead we plan and how often we meet. We confirm what is included. We discuss any changes before extra work begins.
For your free first review, tell us which decision you need help with, which reports you have and whether your books are up to date. We will explain whether reports, bookkeeping or regular Virtual CFO support would help.
Request a free reviewWorking together
A clear plan from the start.
See where the business stands
We'll review your accounts, reports and upcoming payments, and ask which decisions you need help with.
Agree the ongoing work
We'll agree which reports you need, how far ahead to plan and how often to meet. We'll confirm the work and fixed fee in writing.
Keep reviewing as things change
At each meeting, we'll check the results and what the plan is based on. We'll update the forecast and agree the next steps.
Before we start
Your questions, answered.
Can you work with our existing bookkeeper?
Yes. Your bookkeeper can keep looking after the accounts. We'll check that the records have enough detail for reports and forecasts.
How often would we meet?
Usually once a month. We'll agree how often to meet and any extra reviews before we start.
Can this help if I run my own business?
It can help when you need regular finance support without a full-time chief financial officer. We'll discuss whether this suits your business.
How is Virtual CFO support priced?
The fee depends on the businesses involved, your reports, forecast detail and how often we meet. We'll confirm the work and fixed fee in writing before we start.
A clear starting point
Start with what
needs attention.
Tell us what is happening in your business. We’ll review your records, explain the next step and agree the work and fee before we begin.
- Practical, plain-English advice
- Xero, MYOB and QuickBooks support
- Adelaide-based support