How quickly can Synnect take over our bookkeeping?

Most handovers are completed within two weeks. We begin with a discovery session, map your workflows, and securely transfer access with zero disruption to daily operations.

What is the difference between bookkeeping and management accounts?

Bookkeeping tracks daily transactions, reconciliations, and compliance. Management accounts analyze that data to provide strategic insights, variance analysis, and cash flow forecasting.

Is outsourced bookkeeping more cost-effective than in-house?

For most organizations, yes. Our managed accounting & bookkeeping engagements deliver a median 40% cost saving versus the equivalent in-house delivery model, measured at the 6-month review.

Do we need to change our accounting software?

No. We work directly within your existing tech stack—including Xero, QuickBooks, NetSuite, Sage, and FreeAgent—so your team doesn't have to relearn any tools.

Audit & Assurance Support
Australia.

Synnect prepares senior-reviewed audit working papers, lead schedules, and reconciliation packs for statutory audits in Australia—aligned to Australian Auditing Standards (ASAs) and ready before fieldwork begins.

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Audit & assurance illustration - Australia

Managed in your software

What We Offer

Australian statutory audit file assembly (ASAs)

Systematically indexed and cross-tied working paper binders meeting Australian Auditing Standards (ASAs) and Corporations Act statutory requirements.

Lead schedules & general ledger tie-outs

Clean trial balance mapping, balance sheet lead sheets, and profit & loss reconciliations linked to primary financial statements.

Property, plant & equipment verification

Depreciable asset roll-forward schedules, addition/disposal voucher verification, and depreciation re-calculations.

Intercompany confirmations & trust eliminations

Related party loan verifications, group entity balance confirmations, and consolidation elimination workings.

Substantive analytical procedures & flux commentary

Detailed year-on-year movement commentary and ratio analyses prepared in advance to address auditor testing questions.

Debtors, creditors, provisions & cut-off testing

Aged debtor and creditor reconciliations, employee entitlement provisions, subsequent period payment tests, and unrecorded liability searches.

Specially Built For

Accounting Firms

You lead the engagement and sign the independent auditor's report. We assemble the working papers and schedules in CaseWare, CCH, or Xero Workpapers.

Organisations

Face your statutory audit without disrupting ongoing operations. We assemble the complete PBC file and workpapers before fieldwork begins.

Auditor Independence Guaranteed

Auditor independence strictly preserved.

Synnect prepares the working papers, schedules, and reconciliation packs. The independent registered auditor plans the audit, performs testing, and forms the audit opinion.

FAQ

Frequently Asked
Questions

Find quick answers to common questions about our services, process and support.

Ideally 6–8 weeks before your statutory audit fieldwork start date. This allows completion of a full, senior-reviewed working paper file without compression.

Ready to Talk?

Book a 30-minute discovery call with a Synnect professional.