One of the advantages to outsourcing your bookkeeping requirements to us is not having to invest in training and employing staff to do this. Full time staff are expensive to recruit and train and there is a risk they will walk off the job with the administration knowledge they have gained. By outsourcing your bookkeeping to 5^th Consulting, you gain the expertise of one of our fantastic bookkeepers without the cost of forming an employment agreement.

Our friendly and experienced team of bookkeepers are here to free you from those daily accounting tasks so you have more time to achieve your goals. We have mobile bookkeepers based in Wellington who can travel to you or work remotely, as required. Additionally, we provide cloud-based solutions for accounting and bookkeeping nationwide.

• Invoicing and accounts receivable
• Bank reconciliations + cashbook
• Expense claims
• GST
• FBT
• Managing financial records
• Annual accounts for tax returns
• Management accounts as needed

5th Consulting is passionate about providing accounting support to business owners to help them achieve a healthy life balance. Bookkeeping and invoicing can take up far too much time in a small business, and many businesses need help in this area but simply cannot afford staff. Our quality and cost-effective bookkeeping solutions can help small and medium businesses rebalance and gain valuable time so you can focus on the big picture.

5th Consulting has a range of cost-effective bookkeeping and accounting solutions for small and medium businesses. We also offer cloud accounting solutions to provide the best value for our customers.

A Virtual CFO is a great way for small and medium businesses to get the financial knowledge and expertise that they wouldn’t otherwise be able to afford from a traditional CFO.

5^th Consulting’s Virtual CFOs do the following to help your business succeed:

• Offer financial insights, leadership and oversight on your business decisions and issues
• Monitor the health of your businesses
• Manage all the requirements of a traditional CFO, but on a part-time and/or remote basis
• Provide accounting and bookkeeping support as required.

Our Virtual CFOs are chartered accountants that have deep commercial experience across a range of industries. They work hand-in-hand with you to give you oversight and clarity about your past, present and future financial performance.

We provide:

• Financial and management reporting
• Accounting solutions
• Cash flow forecasting
• Budgeting
• Financial modelling
• Oversight and leadership
• Strategic planning
• Start-ups – structure and processes
• Advice on R&D tax incentives and grants
• Accounting and bookkeeping support to staff.

5^th Consulting utilises the power of cloud technology to provide the best efficiency and value for you.

It’s a fact that many small businesses fail to move beyond start-up phase and go on to fail within the first 3 years of operating. In particular, poor cash flow planning is often a catalyst for business failure.

With an experienced and knowledgeable financial professional acting as their CFO, such business owners could improve their chances of success. However, many small businesses can’t afford a full-time CFO and thus, may never consider hiring one.

By bringing in a Virtual CFO you get access to an experienced financial professional at a much lower cost than that of a full-time CFO.