Managing Your Financial Record
Improfav offers comprehensive bookkeeping solutions designed to streamline your financial record-keeping processes. Our team of experts will handle all your bookkeeping needs, allowing you to focus on growing your business. We provide a range of services including accounts payable/receivable, bank reconciliations, financial statement preparation, and more.
Strategic Financial Planning
At Improfav, we go beyond bookkeeping by offering strategic financial planning services to help you achieve your business goals. Our financial experts will work with you to develop a customized financial strategy, including cash flow forecasting, budgeting, and financial analysis, to ensure the long-term success of your business.
Optimising Accounting Process
We specialise in optimising accounting processes to enhance efficiency and accuracy. Our team will asses your current accounting procedures and implement improvements to streamline operations and minimise errors. By leveraging the latest accounting technology, we ensure that your financial data is always up-to-date and easily accessible.
Expert Financial Consulting
Improfav provides expert financial consulting services to help you make informed business decisions. Whether you need assistance with financial analysis, KPI management, or budget development, our virtual CFOs are here to offer valuable insights and guidance to drive your business forward.
Professional Financial Reporting
Our team delivers professional financial reporting services to provide you with clear and accurate insights into your business performance. We generate comprehensive financial reports, including income statements, balance sheets, and cash flow statements, to help you make data-driven decisions and track your financial progress.
Packaged Service Bookkeeping
Tier
Turnover Guide
Transactions / month
(all account)
Employees on Payroll
Typical Fee/Month
Bookkeeping Frequency
Starter
< $500,000
Up to 75
0 - 2
$350 - $550
Monthly or Quarterly
Core
$500K to $1.5M
76 - 200
3 - 8
$650 - $950
Monthly
Growth
$1.5M to $4M
201 - 400
9 - 15
$1,200 - $1,800
Fortnightly
Scale
$5M to $10M
401 - 800
16 - 30
$2,000 - $3,500
Weekly
Enterprise
$10M +
801 - 1500+
30 +
$3,800 - $6,000
Weekly+ / Bespoke
Starter Package
-
Xero/QBO file maintenance
-
Bank/credit card reconciliations (up to tier limit)
-
Quarterly BAS preparation (you lodge as BAS Agent)
-
Simple AP/AR coding (no chasing)
-
Basic monthly P&L and balance sheet
Core Package
-
All Starter inclusions, plus:
-
Full AP/AR processing (supplier bills & customer invoices)
-
Monthly payroll processing (up to 8 staff)
-
Superannuation and STP submissions
-
Monthly management reports with commentary (top 3 KPIs)
Growth Package
-
All Core inclusions, plus:
-
Fortnightly bookkeeping and payroll cycles
-
Enhanced AP (supplier runs) and AR (reminders)
-
Cash flow snapshot and aged debtor/creditor reports
-
Quarterly review meeting (30–60 mins) to discuss results
Scale Package
-
All Growth inclusions, plus:
-
Weekly processing and reconciliations
-
Inventory or job costing support (if applicable)
-
Custom reporting pack for management (KPIs, segment margins)
-
Monthly finance meeting with you as CFO-style advisor
Enterprise Package
-
All Scale inclusions, plus:
-
Multi-entity consolidation
-
Complex inventory / manufacturing support
-
Weekly cashflow, board packs, project work priced on top
CFO Advisory
Our fractional CFO service offers three pricing models:
-
Monthly Retainer - Consistent, proactive financial leadership delivered at a predictable monthly cost (most popular)
-
Hourly Advisory - Targeted, expert advice billed by the hour, ideal for specific challenges or one-off decisions
-
Project-Based - A defined deliverable, a fixed price, and a clear outcome
​Please reach out to us for further information