Creations · South Africa
Connect project work to financial reporting.
Accounting and reporting support for consulting businesses with project-based fees and costs.
What the work covers
Use this scope to identify what you need. Your proposal will confirm the services, records, reporting frequency and fees for your business.
- Project income and cost schedules
- Reconciliation of approved billing to the ledger
- Debtor and retention schedules where applicable
- Management reports for the agreed period
- Budget and cash-flow support within the engagement
What to prepare
Tell us which records are available and where there are gaps. We can then distinguish ongoing work from any initial catch-up.
- Fee agreements and approved variations
- Time, billing and expense records
- Project budgets and outstanding invoices
- Current accounting reports and reporting deadlines
Timing and responsibility
Timing depends on the records, approvals and work required. Tell us about any deadline at the start. The engagement should identify the person handling your work, the review responsibilities and any external specialist needed.
Define the basis of project reporting
Time recorded, fees billed and cash collected are different measures. Agree the basis of each report and reconcile it to the accounting records. Keep approved scope changes and reimbursable costs visible.
A useful project review identifies unbilled work, overdue invoices and costs that have not been allocated. It should also explain which estimates still depend on information from the project team.
How the work progresses
- 01
Understand the workflow
Review the business records, systems and immediate requirements.
- 02
Define the assignment
Agree the deliverables, people responsible and fees.
- 03
Prepare and resolve
Work through the records and identify outstanding questions.
- 04
Review the outputs
Review the results and agree the next actions.
Questions before you start
Can the engagement cover selected tasks?
Yes. Agree which tasks stay with your team and which work Creations will handle, including document collection, preparation, review and approval.
What should we send with an initial enquiry?
Describe the business, the work required and the deadline. Identify the periods and systems involved. Arrange the appropriate document-sharing channel before providing confidential records.
Related services
Let’s define the next step.
Tell us what you need, what is outstanding and when it matters.