Accountsly

BACKGROUND

Please describe your company and position.

I am the Partner

Describe what your company does in a single sentence.

We build and scale E-commerce companies and marketing agencies

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Accountsly to accomplish?

• Bookkeeping
• Sales Tax
• Management reports

SOLUTION

How did you find Accountsly?

Blog post

Why did you select Accountsly over others?

• High ratings
• Great culture fit
• Good value for cost
• Company values aligned

How many teammates from Accountsly were assigned to this project?

2-5 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

We had a mess created by old accountants and also they were not responding to us timely. Acccounts was handed over the accounts, they cleared the accounts, got the accounts in shape , registered for taxes and now they are a one stop solutions for us for the accounting ,taxes and compliance

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

Accounts are in good shape. We required funding one time and we could just give them the reports straight from the software right away. Sales Taxes all done on time. Key Financials on dashboard. 

Describe their project management. Did they deliver items on time? How did they respond to your needs?

Yes. We have fixed deliverable dates. They have a very good system aroudn it.

What was your primary form of communication with Accountsly?

• In-Person Meeting
• Virtual Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

They were passionate about numbers and did not need to be told what to do. The proactive and quality approach is what i liked. I have worked with other people and I know people do not want to put in the effort but with Accountsly they do no spare any tiny details. They do it good.

Are there any areas for improvement or something Accountsly could have done differently?

They are good. They should expand more.

BACKGROUND

Please describe your company and position.

I am the CMO of Amerikas

Describe what your company does in a single sentence.

E-Commerce Store selling cosmetics

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Accountsly to accomplish?

• Xero Bookkeeping
• Management Reports
• Profitability Analysis
• Profit per brand and sku

SOLUTION

How did you find Accountsly?

Online Search

Why did you select Accountsly over others?

• High ratings
• Pricing fit our budget
• Good value for cost

How many teammates from Accountsly were assigned to this project?

1 Employee

Describe the scope of work in detail. Please include a summary of key deliverables.

Scope of Work:
Financial Reporting & Analysis: Preparation of financial statements and insights for decision-making.
Bookkeeping: Accurate recording and categorization of all transactions.
Inventory Management: Track and analyze inventory costs and levels.
Sales Tax and Compliance: Ensure compliance with sales tax laws and file returns.
Cash Flow Management: Monitor and optimize business cash flow.
Payroll Services: Manage payroll and ensure compliance with labor laws.
Financial Planning & Forecasting: Prepare budgets and financial forecasts for the business.
E-Commerce Platform Integration: Sync eCommerce platform sales and data with accounting systems.
Profitability Analysis: Assess profitability by product category and marketing ROI.
Advisory and Business Strategy Support: Provide financial advice for business growth and cost management.
Key Deliverables:
Monthly/Quarterly Financial Statements: Income Statement, Balance Sheet, and Cash Flow Statement.
Monthly/Quarterly Bookkeeping Reports: Detailed transaction records and reconciliations.
Sales Tax Filings and Compliance Reports: Tax return filings and remittance documentation.
Inventory Valuation Reports: Cost of Goods Sold (COGS) and inventory value breakdowns.
Cash Flow Forecast: Projections of future cash inflows and outflows.
Payroll Documentation: Payroll statements and compliance reports.
Annual Budget and Forecasting Report: Business budget and financial forecasts.
Profitability & Cost Analysis Reports: Profit margin analysis and marketing spend review.
E-commerce Integration Reports: Sync of sales, returns, and inventory with accounting software.
Advisory/Strategic Recommendations: Periodic reports and suggestions for financial improvements.

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

1. Clean and clear financials and reports
2. Product and brand profitability reports
3. Work being done on time
4. Clear trackrecored of progress of job
5. Financial analysis and advises for decision making

Describe their project management. Did they deliver items on time? How did they respond to your needs?

Very well managed organisation with deadline and task defintion of everything.

What was your primary form of communication with Accountsly?

• Virtual Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

Adhering to the timelines and delivering accurate financials with a fraction of costs. They are expert in ecommerce accounting

Are there any areas for improvement or something Accountsly could have done differently?

They are good in all aspects.

BACKGROUND

Please describe your company and position.

I am the Director of Melissa Ambrosini Pty Ltd

Describe what your company does in a single sentence.

We provide coaching , sessions and programs that offers a 360-degree digital solution exclusively for entrepreneurs with an aim to help them grow in the Digital Space.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Accountsly to accomplish?

• Bookkeeping
• BAS
• Financial Reporting and Analysis

SOLUTION

How did you find Accountsly?

• Online Search
• Referral

Why did you select Accountsly over others?

• High ratings
• Pricing fit our budget
• Great culture fit
• Good value for cost
• Company values aligned

How many teammates from Accountsly were assigned to this project?

2-5 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

Accountsly has successfully delivered a comprehensive range of accounting and financial services to businesses across Australia, including Melissa Ambrosini Pty Ltd. The firm ensures businesses maintain financial stability, regulatory compliance, and long-term growth through its expertise in taxation, bookkeeping, advisory, and compliance services. Some of the key services delivered include:

• Financial Reporting & Analysis – Prepared and delivered detailed financial statements, including Profit & Loss, Balance Sheet, and Cash Flow reports, enabling informed decision-making.
• Tax Compliance & Planning – Managed preparing and lodging income tax returns, BAS, GST, payroll tax, and FBT while implementing strategic tax minimization solutions.
• Business Advisory & Structuring – Advised on business structuring, mergers and acquisitions, and asset protection to optimize financial performance and risk management.
• Bookkeeping & Payroll Management – Delivered seamless bookkeeping services, including accounts payable and receivable management, payroll processing, and bank reconciliations.
• Cloud Accounting & Automation – Implemented and optimized accounting software solutions such as Xero, and QuickBooks to enhance efficiency and accuracy.

With these tailored services, Accountsly has played a crucial role in supporting our business.

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

Accountsly’s expert financial services helped us achieve measurable success, enhancing efficiency, profitability, and compliance. Key outcomes include:

• Stronger Financial Control & Growth – Accurate financial reporting and strategic planning led to a 30% increase in financial transparency and a 15% rise in net profits within a year.
• Optimized Tax & Cash Flow – Effective tax planning reduced tax expenses by 20%, while cash flow forecasting improved liquidity by 25%, ensuring better financial stability.
• Increased Efficiency & Compliance – Streamlined bookkeeping and payroll automation saved 10+ hours weekly, achieving 100% compliance with ASIC and ATO, eliminating penalties.
• Smart Technology Integration – Cloud accounting solutions (Xero, QBO) enhanced financial accuracy and reporting speed, leading to faster, data-driven decision-making.

With Accountsly’s expertise, business thrives, ensuring long-term financial success and regulatory confidence.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

Accountsly demonstrated excellent project management by delivering all financial reports, tax lodgments, and compliance requirements on time and with precision. They responded promptly to our needs with proactive solutions, ensuring seamless financial operations.

What was your primary form of communication with Accountsly?

• Virtual Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

 What stood out most about Accountsly was its holistic approach to financial management. It ensured compliance, optimized tax strategies, and leveraged technology to enhance efficiency, resulting in improved profitability and seamless operations.
We basically had everything ready for us regarding books, taxes and all the financial things. It was all autonomous at one point, and we had nothing to worry about.

Are there any areas for improvement or something Accountsly could have done differently?

They're good in all areas of the partnership.

BACKGROUND

Please describe your company and position.

 I am the Director of an ecommerce company 

Describe what your company does in a single sentence.

Global eCommerce store, delivering quality products to customers worldwide across multiple locations.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Accountsly to accomplish?

• Bookkeeping
• Accounting
• VAT
• OSS
• GST
• Sales Tax
• Financial Management

SOLUTION

How did you find Accountsly?

• Online Search
• Referral

Why did you select Accountsly over others?

• High ratings
• Company values aligned

How many teammates from Accountsly were assigned to this project?

2-5 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

• Bookkeeping services
• Denmark VAT
• UK VAT
• USA Sales Tax
• Aged receivables management
• Aged Payables management
• OSS
• Australia GST
• Canadian Taxes
• Annual compliances

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

Our accounts are clean. We have a lot of compliances that we have to do worldwide as we ship globally and all the taxes are done on time. Our tax accountant praises them as well.

A lot of my time got saved as its a lot of things and its better when experts do it.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

They make checklists for everything and make sure everything is done as per that. 

I like their methodology 

What was your primary form of communication with Accountsly?

• In-Person Meeting
• Virtual Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

Great qualtiy of work at a fraction of the cost.  We cannot afford to hire a CPA with more than 15 years of experience

Are there any areas for improvement or something Accountsly could have done differently?

They are good in all areas.

BACKGROUND

Please describe your company and position.

I am the Director of Robot my Life

Describe what your company does in a single sentence.

We sell goods through online portal and our own website

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Accountsly to accomplish?

• Bookkeeping
• Accounting
• Tax
• Cash Flow
• GST
• BAS
• Tax preparation

SOLUTION

How did you find Accountsly?

Online Search

Why did you select Accountsly over others?

• High ratings
• Pricing fit our budget
• Good value for cost

How many teammates from Accountsly were assigned to this project?

2-5 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

• We hired Accountsly to accomplish the goal of streamlining and improving our bookkeeping services for our ecommerce store. We had a very bad experience with previous staff as ecommerce accounting is dfifferent from the regular accounts because of multiple payment gateway and timing differences
• The specific objectives were to enhance the accuracy and efficiency of our financial record-keeping
• To ensure compliance with relevant regulations, and provide comprehensive financial reports and analysis.

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

We got clean and presentable financials for the decision making. They were proactive in the apporach. We had BAS gettting done on time. Financials being sent after end of every month and advises to cut costs.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

They were proactive and adhered to timelines.

What was your primary form of communication with Accountsly?

• Virtual Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

Understanding our requirements and providing us the correct and on time deliverables was what we find best working with accountsly. 

Are there any areas for improvement or something Accountsly could have done differently?

They are good in all aspects