Levvy's Profitability Reports: Instant Clarity for Firm Leaders

✨ Friday Tip for Accountants & Bookkeepers: Want to build stronger client relationships AND consistent recurring revenue streams? ➡️ Start with advisory services like financial health checks, debtor reviews, and management reporting. When your clients see you as their “go-to advisor,” you’ll not only future-proof your firm but also attract top talent. 🔗 Explore: www.essbiztools.com.au

Most business owners don’t need more reports. They need clarity, context, and strategy. The truth? 👉 Too many accountants hand over reports that look neat, but don’t actually help you grow. 👉 That’s why cash feels tight even when your P&L shows a profit. 👉 And why you’re left making guesses instead of confident decisions. We wrote a new blog breaking down why tick-box accounting leaves ambitious business owners stuck, and how to demand more from your numbers. ➡️ Read it here: https://lnkd.in/ehPWm6rT Don’t settle for reports that tick boxes. Demand clarity. #financialclarity #accountingforgrowth #smallbusinessuk #businessgrowth #cashflow

Most accountants undercharge. Not because they’re not good—but because they don’t price based on value. My new blog covers: • How to escape cost-based pricing • Why compliance work isn’t a commodity • The secret to attracting premium clients 👉 Here’s how to start charging what you’re really worth: https://lnkd.in/gR6SnwsT #Profitability #AccountingPractice #PricingAdvice #ValuePricing

Day 22: What is the Timeliness Concept? The Timeliness Concept states that accounting information should be made available at the right time so that it can be useful for decision-making. Key Points: 1. Information Delayed = Information Denied If reports are not prepared on time, they lose their value for managers, investors, and others. 2. Supports Quick Decisions Timely financial reports help businesses act on opportunities or address problems quickly. 3. Common Practice Many companies prepare quarterly or half-yearly reports to keep stakeholders updated. In short: The Timeliness Concept ensures that financial information is delivered when it is needed most. #TimelinessConcept #AccountingPrinciples #FinancialReporting #BusinessFinance #AccountingConcepts #DecisionMaking

Most accountants undercharge. Not because they’re not good—but because they don’t price based on value. My new blog covers: • How to escape cost-based pricing • Why compliance work isn’t a commodity • The secret to attracting premium clients 👉 Here’s how to start charging what you’re really worth: https://lnkd.in/gU7ErS_4 #Profitability #AccountingPractice #PricingAdvice #ValuePricing

For many business owners, reports get pushed aside until tax time, but that means you’re missing valuable insight all year long. Financial reports aren’t just for compliance. they’re tools to help you understand performance, manage cash flow, and make smarter, faster decisions. When you treat reporting as a regular practice, you get visibility into what’s working, what needs attention, and where opportunities are hiding. It’s not about drowning in spreadsheets—it’s about having the right numbers, at the right time, so you can lead with confidence. If your reports aren’t giving you answers, what would it look like to have financial clarity every month instead of just once a year? #TotalAccounting #AccountingMadeEasy #SmallBusinessSupport #BookkeepingServices #OutsourcedAccounting #SmartBookkeeping #FinancialClarity #BusinessGrowthTips #SmallBusinessFinance #AccountingSimplified

I can’t tell you how many “healthy” businesses I’ve seen with messy financials… You could onboard a $10M client where the tax return doesn’t tie to the financials. They could be a smart team and have a strong business, but have avoidable mistakes. A simple monthly review would’ve caught it.

📊 With multiple ITR forms available, selecting the correct one can be confusing. Filing the wrong ITR may lead to delays, revisions, or even penalties. This visual guide breaks it down clearly for professionals, salaried employees, and business owners. #TaxFiling #FinanceMadeSimple #IncomeTaxReturn #ITR2025 #TaxCompliance #CharteredAccountant #FinancialLiteracy

Accountants see what no one else sees. Most people only see numbers. Accountants see stories. A drop in revenue isn’t just a number. It’s a signal that something is happening in the business. A delayed payment isn’t just a task. It might mean someone’s under pressure. A messy ledger isn’t just admin work. It’s a warning sign. Great accountants don’t just report the past. ✨ They notice the present. ✨ They protect the future. ✨ They’re not sitting behind the business. ✨ They’re quietly guarding its heartbeat. #RealAccountants #FinanceWithPurpose #AccountingMatters #BehindTheNumbers #FinancialGuardians

Ever seen the term “contra account” and wondered what it really means? 🤔 Contra accounts play an important role in painting a clearer financial picture by offsetting related accounts. Check out the latest article from our partners Intuit QuickBooks to learn how they work, why they matter, and how they impact your business’s financial statements: https://loom.ly/rZ2VIYA #CandellaServices #FinancialClarity #SmallBusinessSupport #AccountingTips #BusinessGrowth