Bookkeeping & Virtual CFOs

Bookkeeping & Virtual CFOs

Technology continues to change the way we do business, especially in the area of accounting. Many businesses now use virtual CFOs to minimize costs by handling simple, day-to-day financial transactions in-house, or outsource their bookkeeping to a qualified company.

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We offer a full range of bookkeeping services, including accounts payable and receivable. We can also help set up and train your staff on cloud-based accounting software like Xero, MYOB, Quickbooks and others, streamlining the day-to-day bookkeeping and letting us report and manage finances remotely

Integrated with Cloud-Based Programs

Expert Service

If you’re looking for an accountant to help you with a tax return or one off project we’d love to help. However, our real value lies in working with clients to help redefine their business, structure financial systems, streamline bookkeeping and reporting and ultimately help the business navigate hurdles and achieve financial success.

Benefits of working with dnm group

The dnm group includes chartered accountants and business advisers with years of experience and industry expertise. We can provide you with any or all these services as you need them.

MONTHLY & QUARTERLY FINANCIAL REPORT

Scheduled financial reports help owners measure the pulse of their business. By comparing information from previous reporting periods, owners get rich insight into business performance and growth. They also help owners predict their future earnings potential and measure risk.

 

SPECIAL OR GENERAL PURPOSE FINANCIAL STATEMENTS

Financial statements provide owners the information they need to make wise economic decisions. They provide understandable, relevant, reliable and comparable figures regarding assets, liabilities, equity, income and expenses which directly relate to your business’ financial position. They are also the primary source of information for lenders and investors to measure your business’ worth, stability, and risk.

 

SCHEDULED MANAGEMENT REPORTS

Tracking relevant data specific to your business can help decision makers improve operations and overall profitability. Companies can lower operational expenses, improve cash flow, and increase financial returns using key performance indicators and insightful decisions based on data, not guesswork.

 

PERFORMANCE EVALUATION

dnm group can also perform a ratio analysis on your business to evaluate its efficiency, liquidity, profitability and solvency and whether your company has improved or deteriorated. We also offer an industry comparison to see how you measure up against the competition and what you can do to improve including forecasting, budgeting and cash flow analysis.