Figure Sense

Figure Sense is a CPA Practice that specialises in Xero accounting software and services that extend to bookkeeping, providing virtual CFO services, training, improving and streamlining business operations. The objective of Figure Sense is to educate clients on understanding their business performance and help business owners take their business to the next level. With over a decade of experience in corporate finance roles, Figure Sense's founder, Effie, has been supporting businesses with setting up bookkeeping systems, payroll, BAS lodgements, business performance reporting, cash flow management and virtual CFO services.

Figure Sense takes internet security seriously and uses two-factor authentication where possible. The company uses secure password managers for the storage of passwords and does not store logins in browsers. Figure Sense is an accredited Pure Bookkeeping Licensee, which means that the company adheres to best practice bookkeeping standards, and guarantees the quality of its work.

As a registered BAS agent, Figure Sense is licensed under the Tax Practitioners Board in accordance with the Tax Agent Services Act 2009 and the Tax Administration Act 1953. This legislation provides security, standards, and reliability for business owners who want to outsource their bookkeeping. Figure Sense is committed to providing outstanding service, expert advice, and continuous improvement.

Bookkeeping & Payroll Services

At Figure Sense, we take care of your bookkeeping and payroll, so you can focus on running your business. Our bookkeeping services include bank account reconciliation, receivables management, payables management via Receiptbank, payroll services, BAS preparation, and lodgement, preparation of other statutory returns such as Payroll Tax, Workcover, and Taxable Payments Annual Report. Our payroll services include onboarding employees, managing leave entitlements, processing final pays, and preparing Employee Annual Payment Summaries at the end of the year.

Virtual CFO Services

Growing businesses will benefit from virtual CFO services, which provide access to financial expertise that will help you get your cash flow under control and help your business go to the next level. Our virtual CFO services include preparation of management reports, budgets and cash flow forecasts customised to your business needs, development and analysis of budget variances, key performance indicators, breakeven point, financial ratios, job and profit centre profitability, and review and analysis of current bookkeeping and operational systems to streamline your business operations and increase productivity.

Xero & Business Apps

Figure Sense can set up Xero beautiful software for your bookkeeping and can integrate many others to streamline your business. We can set up Xero from scratch or migrate your data from other bookkeeping systems. Using the power of the cloud, we can implement add-ons that can plug in to Xero to streamline business operations. Some of the apps that we use and have implemented for our clients are Deputy - Staff Rostering, Shift Scheduling, and Timesheeting, and Dear Inventory.