Bookkeeping for Professional Services

Too big for a shoebox. Not ready for a CFO.

For professional services firms past the $1M mark: monthly management reporting, budgets your team actually answers to, payroll at scale, and a standing rhythm that holds the whole business accountable to its goals.

The growing pains

The business outgrew the back end, and the owner is still the back end.

Twenty staff, three teams, seven figures, and the reporting is still a P&L nobody opens, payroll is one award change away from a problem, and every financial decision waits on you. You don't need more data. You need numbers your leadership team can run on, and someone who makes sure they actually do.

What we handle

The finance function, without the headcount

01

Monthly Management Reporting

A board-quality pack, not a raw P&L: revenue and margin by team or location, KPIs against target, and a one-page summary your leadership team can absorb in five minutes.

02

Targets & Variance

Your goals become monthly targets, the targets become a standing comparison, and the variances become conversations, before small drifts turn into bad years.

03

Divisional Tracking

Xero tracking categories built around your structure, so you can see which team, service line or location is carrying the business, and which one is quietly costing you.

04

Payroll at Scale

Mixed awards, leave liabilities, super, STP and Fair Work compliance across a real headcount. The risk grows with every hire; we keep it managed and audit-ready.

05

Cash Flow & BAS Planning

At this size, tax timing is a cash flow event. We forecast the quarter ahead, BAS, super, seasonal dips, so nothing lands as a surprise.

06

The Monthly Leadership Check-In

A standing 60-minute session where the numbers meet the goals: what you said you'd do, what actually happened, and what changes next month. This is where accountability lives.

How accountability works here

Goals aren't a January exercise. They're a monthly meeting.

Set

We start by putting your goals in writing, revenue, margin, owner hours, the hire you're planning, and build the targets and KPIs that map to them.

Measure

Every month, the management pack shows actuals against those goals. No cherry-picking, no vanity metrics, the same scoreboard every time.

Answer

Then we meet, and the business answers for its numbers. What drifted, why, and what we're doing about it. Most owners have never had this, it's the whole point.

The honest comparison

More than bookkeeping. A fraction of a $200K CFO.

A full-time CFO makes sense one day, but most $1M–$5M service businesses need the discipline of one long before they can justify the salary. This service delivers the reporting rhythm and the accountability now, on a fixed monthly fee, with a Registered BAS Agent keeping compliance airtight underneath it.

Straight answers

Owners at this stage ask us…

Usually not. We often work alongside your admin, they keep the day-to-day moving, we take the reporting, compliance and advisory layer. You get a finance function without anyone losing their job.

Profit and loss with budget comparison, margin by division or team, cash position and forecast, aged receivables, payroll and leave liabilities, and your KPIs against target, topped with a one-page summary in plain English.

It's the practical core of it: the reporting discipline and monthly accountability, grounded in books we keep ourselves so the numbers are always right. If you outgrow it, you'll graduate to a CFO with immaculate foundations.

Yes. Mixed-award payroll is exactly where we spend our time, classifications, entitlements, super, STP and the contractor-vs-employee line. It's also where the biggest hidden liabilities live, so we audit it first.

A fixed monthly fee based on your size and structure, quoted after a proper look at your books and always a fraction of a finance hire.

The next step

Fifteen minutes. Then your business starts answering for its numbers.

Tell us where the business is at and where you want it to be. We'll tell you what the reporting rhythm would look like, and what it costs to have someone finally hold it all accountable.

Book My 15-Minute Call or call 0468 159 950
📞 Call True Tally on 0468 159 950