S14 · Business

Connected Reporting

Your numbers every month, without anyone re-keying them.

Fee$3,500 setup, then $495 a month, plus GST
$3,850 incl. GST setup, then $544.50 a month
Timing3 weeks to set up
ForGrowing businesses

“Can we see profit, cash and what's coming every month, straight from our accounts, without hiring a finance manager?”

What it is

A read-only connection from the business's accounting file to a monthly management pack and a rolling 13-week cash forecast, built once and then refreshed every month, so the owner gets numbers they trust without anyone re-keying them.

A read-only connection to your Xero or MYOB file feeds a monthly management pack and a rolling 13-week cash forecast. Set up once, then refreshed every month and billed quarterly. Wickham never changes your books, and the monthly service can stop at the end of any quarter.

When clients call us

The owner wants monthly numbers they trust without hiring a finance manager, the bank wants regular reporting, or a Finance Systems Review or 13-week forecast showed the value of seeing the numbers every month.

What you receive

  • Read-only connection to the accounting file (Xero or MYOB); Wickham never posts to or changes the books
  • Monthly management pack designed with the owner: profit, cash, debtors, creditors, margin and their chosen measures
  • Rolling 13-week cash forecast refreshed from the accounts each month
  • 45-minute handover session; the monthly service then continues at $495 a month plus GST, billed quarterly

What we’ll need from you

A one-page checklist comes with the engagement letter, with a private page to upload everything. The main items:

  • Adviser or read-only access to the accounting file (Xero or MYOB), or approval of the Wickham Advisory connection
  • Confirmation the bank accounts are reconciled to the last month end
  • Chart of accounts and tracking categories
  • The measures the owner wants each month (for example margin by job, debtor days, sales by channel)
  • This year's budget or targets, if any
  • Aged debtors and creditors at the last month end
  • Loan, lease and tax commitments for the next 13 weeks

Not included

Does not include bookkeeping, reconciliation, BAS or tax advice. The connection is read-only and Wickham Advisory never posts to or changes the accounting file. The pack is only as accurate as the books, so reconciliation stays with the client's bookkeeper. The monthly service can be stopped at the end of any quarter.

Common questions

How much does connected reporting cost?

$3,500 plus GST ($3,850 including GST) to set up, then $495 plus GST a month ($544.50 including GST), billed quarterly at $1,485 plus GST ($1,633.50 including GST). The monthly service can stop at the end of any quarter.

What do you need from us?

Adviser or read-only access to your Xero or MYOB file, bank accounts reconciled to the last month end, the measures you want to see each month, this year's budget or targets if you have them, and who should receive the pack. A one-page checklist sets out the full list.

How long does it take?

About three weeks to set up from receiving the information, finishing with a 45-minute handover. After that, each month's pack and cash forecast follow once your bank accounts are reconciled, with a 30-minute call each quarter.

Do you change our books?

No. The connection is read-only: Wickham Advisory never posts to or changes your accounting file. Bookkeeping and reconciliation stay with you or your bookkeeper, and the pack is only as accurate as the books behind it.