OVERVIEW
Practical accounting support that helps SMEs maintain reliable records, understand performance, manage reporting, and make informed day-to-day business decisions.
SMEs often need dependable financial records without building a large internal finance function. ASBA can help organise transaction recording, bank and ledger reconciliations, accounts payable and receivable tracking, payroll input schedules, and periodic management reports. The service is designed to improve visibility over cash movement, outstanding balances, operating costs, and basic performance trends. Tax preparation or filing support depends on the relevant jurisdiction and must involve appropriately qualified professionals where required. Audit assistance is limited to preparation and coordination; it does not include statutory auditor authorisation or an independent audit opinion.
BUSINESS CHALLENGES
Where this support makes a difference.
- Unreconciled bank transactions and incomplete supporting records
- Limited visibility over receivables, payables, and near-term cash needs
- Inconsistent monthly reporting that slows operational decisions
WHAT IS INCLUDED
A practical, clearly defined scope.
Transaction Recording & Ledger Maintenance
Capture and classify agreed business transactions, maintain organised ledgers, and flag missing or unclear source documents for management review.
Bank & Account Reconciliations
Prepare periodic bank and selected account reconciliations, identify variances, and provide exception lists for timely investigation and correction.
Receivables, Payables & Cash Tracking
Maintain schedules for customer balances, supplier obligations, and expected cash movements, highlighting overdue items and upcoming commitments.
Management Reporting Pack
Prepare agreed periodic reports such as income and expense summaries, cash position updates, and variance commentary using available accounting records.
CLIENT BENEFITS
Useful outcomes to work toward.
- Clearer visibility into cash movement and outstanding balances
- More consistent information for budgeting and operating decisions
- Reduced administrative burden through defined accounting routines
HOW WE DELIVER
Clear steps. Agreed responsibilities.
Initial consultation
Tell us about your business, your question, and the outcome you need to work toward.
Business & financial assessment
Review the relevant records, current routines, requirements, and areas that need attention.
Customized service plan
Agree deliverables, responsibilities, timing, and fees before the work begins.
Ongoing support & advisory
Work through the agreed priorities with organized reporting and clear communication.
RELEVANT INDUSTRIES
Support informed by your context.
COMMON QUESTIONS
Practical details, explained.
01What records should an SME provide for accounting support?
Typically, the business provides bank statements, sales and purchase records, invoices, expense evidence, payroll inputs, opening balances, and relevant prior-period information. The final list depends on the agreed scope, accounting basis, transaction volume, and jurisdiction.
02Can ASBA prepare tax returns or tax calculations?
ASBA may organise accounting data and provide agreed tax-related schedules, but tax treatment, returns, and filings must follow the applicable jurisdiction and be reviewed or completed by appropriately qualified tax professionals where required. VAT is not assumed to apply universally.
03Does SME accounting support include an audit opinion?
No. The service can support audit preparation by organising schedules, reconciliations, and requested documents, and by coordinating information flow. It does not provide statutory auditor authorisation, an independent audit opinion, or assurance beyond the agreed professional scope.
Service availability and deliverables remain subject to agreed scope and professional requirements; administrative or corporate advisory support is distinct from regulated legal services, while valuation, due diligence, and investment analysis are analytical support only, not regulated investment advice, a fairness opinion, or a guarantee.