--- title: Understand your business numbers | Trekk Advisory Accountants description: We help you find out where you're at in business, so you can make better business decisions. This is the first step of our accounting & advisory services. --- [!["Trekk Advisory" logo: bold black "Trekk" in modern font with smaller red "ADVISORY" below on a white background.](https://trekkadvisory.com.au/hs-fs/hubfs/Logos/trekk-advisory-logo-black%201.png?width=150&height=75&name=trekk-advisory-logo-black%201.png "\"Trekk Advisory\" logo: bold black \"Trekk\" in modern font with smaller red \"ADVISORY\" below on a white background.")](https://trekkadvisory.com.au) - [Featured services](https://trekkadvisory.com.au/how-we-help) - [Business accounting](https://trekkadvisory.com.au/small-business-accountants) - [Clarity Bookkeeping](https://trekkadvisory.com.au/clarity-bookkeeping) - [Xero cloud accounting](https://trekkadvisory.com.au/xero-cloud-accounting) - [Advice + business advisory](https://trekkadvisory.com.au/business-advisory-services) - [Tax minimisation + planning](https://trekkadvisory.com.au/tax-minimisation-and-planning) - [Self-managed super funds](https://trekkadvisory.com.au/self-managed-super-funds) - [Business Valuations](https://trekkadvisory.com.au/business-valuations) - [How we help](https://trekkadvisory.com.au/how-we-help) - [Understand your numbers](https://trekkadvisory.com.au/how-we-help/understanding) - [Grow your numbers](https://trekkadvisory.com.au/how-we-help/growth) - [Leverage your numbers](https://trekkadvisory.com.au/how-we-help/leverage) - [Who we are](https://trekkadvisory.com.au/our-team) - [Resources](https://trekkadvisory.com.au/information-centre) - [Get in touch](https://trekkadvisory.com.au/contact) - QLD - [Brisbane](https://trekkadvisory.com.au/brisbane) - [Gympie](https://trekkadvisory.com.au/gympie) - [North Queensland](https://trekkadvisory.com.au/north-queensland) - [Rockhampton](https://trekkadvisory.com.au/rockhampton) - NSW - [Northern Rivers](https://trekkadvisory.com.au/northern-rivers) [Download: Success Checklist](https://trekkadvisory.com.au/business-success-checklist) # Understand your numbers ### Knowing where you're at. The first step to taking your next step. [Setting up a business](https://trekkadvisory.com.au/setting-up-a-business) [Cloud apps and software](https://trekkadvisory.com.au/xero-cloud-accounting) [Bookkeeping and payroll](https://trekkadvisory.com.au/clarity-bookkeeping) [Compliance and reporting](https://trekkadvisory.com.au/small-business-accountants) Do you feel like you don’t have control over your account and spend hours on the books, only to feel like you have gotten nowhere and still have no idea where you are at? With our cloud-based solutions, you can actually get value from the numbers and see where you are ‘right now’, and more importantly, ‘what’s next?’ - ![Instagram 1 Tile Post 1-3](https://trekkadvisory.com.au/hs-fs/hubfs/Social%20-%20Instagram%20LinkedIn/Instagram%201%20Tile%20Post%201-3.jpg?width=400&height=400&name=Instagram%201%20Tile%20Post%201-3.jpg) - ![rockhampton-meeting (2)](https://trekkadvisory.com.au/hs-fs/hubfs/rockhampton-meeting%20(2).png?width=600&height=600&name=rockhampton-meeting%20(2).png) - ![Instagram 1 Tile Post 1](https://trekkadvisory.com.au/hs-fs/hubfs/Social%20-%20Instagram%20LinkedIn/Instagram%201%20Tile%20Post%201.jpg?width=500&height=500&name=Instagram%201%20Tile%20Post%201.jpg) - ![blog-post-banner-image 11](https://trekkadvisory.com.au/hs-fs/hubfs/Blog%20Images/blog-post-banner-image%2011.jpg?width=632&height=400&name=blog-post-banner-image%2011.jpg) ![short-black-line](https://trekkadvisory.com.au/hs-fs/hubfs/short-black-line.png?width=800&height=98&name=short-black-line.png) ## Make informed decisions for your business ![Instagram 1 Tile Post-1](https://trekkadvisory.com.au/hs-fs/hubfs/Social%20-%20Instagram%20LinkedIn/Instagram%201%20Tile%20Post-1.jpg?width=400&height=400&name=Instagram%201%20Tile%20Post-1.jpg) [Talk to a tax advisor](https://trekkadvisory.com.au/contact) ##### Why knowing your numbers matters Getting a handle on your financial figures is like having a roadmap for your business. It helps you make smart decisions that can really impact your success. By understanding where your money comes and goes, you can spot areas to cut costs, invest in new opportunities, and fine-tune operations. This clarity helps you align your actions with your business goals, ensuring each decision is backed by solid data. ##### Achieve your business goals Reaching business goals becomes much easier when you have a clear picture of your financial health. By keeping an eye on your financial performance, you can set realistic targets and track your progress. This ongoing check-in lets you tweak strategies as needed, keeping you on track to hit your objectives. Whether you aim to boost revenue, reduce expenses, or expand your market reach, understanding your numbers keeps you focused and motivated. ## Setting up a new business ### Get the clarity and confidence to kick things off right. If you have recently made the exciting decision to start a business, you are likely getting a whole lot of advice from the grapevine. There are a lot of things to consider and you want to get started on the right foot! It's a little overwhelming, so Trekk helps you through the maze to help you feel in control and confident that you are making all the right choices, and ticking all the necessary boxes. [Get the detail on setting up a business](https://trekkadvisory.com.au/setting-up-a-business) [BLOG: How to enhance the chances of your new business’s survival](https://trekkadvisory.com.au/information-centre/how-to-enhance-the-chances-of-your-new-businesss-survival) #### Helping with 1. ![coral-brush\_icon\_plus](https://trekkadvisory.com.au/hs-fs/hubfs/Landing%20Pages/coral-brush_icon_plus.png?width=267&height=274&name=coral-brush_icon_plus.png) Choosing the best business structure 2. ![coral-brush\_icon\_plus](https://trekkadvisory.com.au/hs-fs/hubfs/Landing%20Pages/coral-brush_icon_plus.png?width=267&height=274&name=coral-brush_icon_plus.png) Efficient and cost-effective systems in the cloud 3. ![coral-brush\_icon\_plus](https://trekkadvisory.com.au/hs-fs/hubfs/Landing%20Pages/coral-brush_icon_plus.png?width=267&height=274&name=coral-brush_icon_plus.png) Accurate bookkeeping 4. ![coral-brush\_icon\_plus](https://trekkadvisory.com.au/hs-fs/hubfs/Landing%20Pages/coral-brush_icon_plus.png?width=267&height=274&name=coral-brush_icon_plus.png) Understanding your obligations 5. ![coral-brush\_icon\_plus](https://trekkadvisory.com.au/hs-fs/hubfs/Landing%20Pages/coral-brush_icon_plus.png?width=267&height=274&name=coral-brush_icon_plus.png) Cashflow strategies ## Cloud software & apps ### Everything you need to unlock the true potential of the cloud. If you want to make an immediate difference to your business, a review of your systems will do that for you. Do you feel like you don’t have control over your accounts and spend hours on the books, only to feel like you have gotten nowhere and still have no idea where you are at? We can introduce you to a range of software to streamline your business and obtain best practices. [Learn more about cloud accounting](https://trekkadvisory.com.au/xero-cloud-accounting) ![Xero-Advisor-Certified (2)](https://trekkadvisory.com.au/hubfs/Xero-Advisor-Certified%20(2).png "Xero-Advisor-Certified (2)") ![Xero-Migration-Certified](https://trekkadvisory.com.au/hubfs/Xero-Migration-Certified.png "Xero-Migration-Certified") ![Xero-Payroll-Certified (2)](https://trekkadvisory.com.au/hubfs/Xero-Payroll-Certified%20(2).png "Xero-Payroll-Certified (2)") #### Helping with 1. ![coral-brush\_icon\_plus](https://trekkadvisory.com.au/hs-fs/hubfs/Landing%20Pages/coral-brush_icon_plus.png?width=267&height=274&name=coral-brush_icon_plus.png) Xero setup & conversion 2. ![coral-brush\_icon\_plus](https://trekkadvisory.com.au/hs-fs/hubfs/Landing%20Pages/coral-brush_icon_plus.png?width=267&height=274&name=coral-brush_icon_plus.png) Automated bookkeeping with Hubdoc 3. ![coral-brush\_icon\_plus](https://trekkadvisory.com.au/hs-fs/hubfs/Landing%20Pages/coral-brush_icon_plus.png?width=267&height=274&name=coral-brush_icon_plus.png) Point of sale add-ons 4. ![coral-brush\_icon\_plus](https://trekkadvisory.com.au/hs-fs/hubfs/Landing%20Pages/coral-brush_icon_plus.png?width=267&height=274&name=coral-brush_icon_plus.png) Inventory add-ons 5. ![coral-brush\_icon\_plus](https://trekkadvisory.com.au/hs-fs/hubfs/Landing%20Pages/coral-brush_icon_plus.png?width=267&height=274&name=coral-brush_icon_plus.png) Job costing add-ons 6. ![coral-brush\_icon\_plus](https://trekkadvisory.com.au/hs-fs/hubfs/Landing%20Pages/coral-brush_icon_plus.png?width=267&height=274&name=coral-brush_icon_plus.png) Training and support 7. ![coral-brush\_icon\_plus](https://trekkadvisory.com.au/hs-fs/hubfs/Landing%20Pages/coral-brush_icon_plus.png?width=267&height=274&name=coral-brush_icon_plus.png) Ongoing optimisation ## Bookkeeping & payroll ### Let us take the admin burden off your plate (we'll eat it up). If you are struggling with inaccurate data, being behind, or spending hours on the books, there are ways we can help to manage your day-to-day record keeping, leaving you the ability to keep your eyes on the prize. Utilising the leading cloud technology, we have efficient processes to make managing your day-to-day bookkeeping, payroll, invoicing & bills, and lodgement obligations a breeze. Having accurate, real-time data is essential for any business that is looking to grow. That's why we have a team of pros here to help you. [Clarity Bookkeeping](https://trekkadvisory.com.au/clarity-bookkeeping) [BLOG: Navigating small business taxes in Australia and key deductions](https://trekkadvisory.com.au/information-centre/navigating-small-business-taxes) [BLOG: Sole trader tax guide: how to efficiently manage & pay your taxes](https://trekkadvisory.com.au/information-centre/sole-trader-tax-guide) #### Helping with 1. ![coral-brush\_icon\_plus](https://trekkadvisory.com.au/hs-fs/hubfs/Landing%20Pages/coral-brush_icon_plus.png?width=267&height=274&name=coral-brush_icon_plus.png) Processing sales & purchases 2. ![coral-brush\_icon\_plus](https://trekkadvisory.com.au/hs-fs/hubfs/Landing%20Pages/coral-brush_icon_plus.png?width=267&height=274&name=coral-brush_icon_plus.png) Supplier payment runs 3. ![coral-brush\_icon\_plus](https://trekkadvisory.com.au/hs-fs/hubfs/Landing%20Pages/coral-brush_icon_plus.png?width=267&height=274&name=coral-brush_icon_plus.png) Reconciliations 4. ![coral-brush\_icon\_plus](https://trekkadvisory.com.au/hs-fs/hubfs/Landing%20Pages/coral-brush_icon_plus.png?width=267&height=274&name=coral-brush_icon_plus.png) Fixed asset maintenance 5. ![coral-brush\_icon\_plus](https://trekkadvisory.com.au/hs-fs/hubfs/Landing%20Pages/coral-brush_icon_plus.png?width=267&height=274&name=coral-brush_icon_plus.png) Payroll, super & payroll tax requirements 6. ![coral-brush\_icon\_plus](https://trekkadvisory.com.au/hs-fs/hubfs/Landing%20Pages/coral-brush_icon_plus.png?width=267&height=274&name=coral-brush_icon_plus.png) Preparation of activity statements ## Compliance & reporting ### The work that just gets done, because it has to. Our compliance team can efficiently and effectively compile your data from your accounting software to ensure your returns are lodged in accordance with regulatory requirements. Preparation is key, so we schedule annual compliance work based on what works for you. We'll give you a clear plan and let you know exactly what's required, what to expect, and when. Post lodgement we'll then catch up to run you through the numbers, so they are made meaningful. We'll explain where your cash flow was invested, how you went against key performance indicators (KPIs) and industry benchmarks, and give you ideas for areas of improvement. [See more on our small business accountants](https://trekkadvisory.com.au/small-business-accountants) [Find your closest 'Trekk Advisory' team](https://trekkadvisory.com.au/en/10-ways-to-lower-your-tax-bill) [BLOG: The essential 30 June guide - Unlock opportunities & avoid risks](https://trekkadvisory.com.au/information-centre/the-essential-30-june-guide) #### Helping with 1. ![coral-brush\_icon\_plus](https://trekkadvisory.com.au/hs-fs/hubfs/Landing%20Pages/coral-brush_icon_plus.png?width=267&height=274&name=coral-brush_icon_plus.png) BAS & GST preparation 2. ![coral-brush\_icon\_plus](https://trekkadvisory.com.au/hs-fs/hubfs/Landing%20Pages/coral-brush_icon_plus.png?width=267&height=274&name=coral-brush_icon_plus.png) ATO lodgement 3. ![coral-brush\_icon\_plus](https://trekkadvisory.com.au/hs-fs/hubfs/Landing%20Pages/coral-brush_icon_plus.png?width=267&height=274&name=coral-brush_icon_plus.png) Annual financial statements 4. ![coral-brush\_icon\_plus](https://trekkadvisory.com.au/hs-fs/hubfs/Landing%20Pages/coral-brush_icon_plus.png?width=267&height=274&name=coral-brush_icon_plus.png) Tax returns ## Getting 'un-stuck' on your business journey ![new-website-staff-photos 8](https://trekkadvisory.com.au/hs-fs/hubfs/Website%20Images%20(Orphic)/Our%20Team/new-website-staff-photos%208.jpg?width=400&height=400&name=new-website-staff-photos%208.jpg) [Talk to a tax advisor](https://trekkadvisory.com.au/contact) Are you stuck on your business journey? We all get there sometimes, and it’s perfectly okay. What matters is moving forward and growing, and that’s exactly what we’re here to help you achieve. Acquiring new customers is crucial for business growth and sustainability, and we provide strategies to attract and retain both new and existing customers. [Our 3-step framework guides you](https://trekkadvisory.com.au/how-we-help) through the crucial stages of understanding where you stand, growing your business, and leveraging your achievements for even greater success. Our approach offers personalised guidance to help you set your financial goals as high as you aspire, ensuring you stay on course to achieve them. Whether you need assistance with improving cash flow, minimising taxes, or transforming your business online, we are fully equipped to support you every step of the way. ## Make a path that’s all your own. Every business is unique and the path to success is never a straight line. That's why we've ditched the traditional list of accounting services and developed a 3 stage framework to adapt our offering and advice as your business shifts: ### 01 Understanding #### Crunch the numbers and truly know where you're at before you venture on. ##### Ideal for - Starting a new business - Understanding your numbers and how you're travelling - Getting realtime data for better decisions - Migrating to the cloud for time and costs savings - Getting your cashflow under control [You are here!](https://trekkadvisory.com.au/how-we-help/understanding) ### Up next ... ### 02 Growth #### Guidance to discover your desired destination, map the path and stay on track. ##### Ideal for - Planning your best business future - Growing your business the right way - Improving cashflow & profit while minimising tax - Building wealth outside your business - Getting accountability to keep you on track [Read more](https://trekkadvisory.com.au/how-we-help/growth) ### 03 Leverage #### Maximise the value you've created so you can reap the rewards of your efforts.  ##### Ideal for - Understanding and maximising business value - Putting a plan in place for successful succession - Preparing a business that's optimised for sale - Executing a successful exit - Getting ready to retire [Read more](https://trekkadvisory.com.au/how-we-help/leverage) ## Frequently asked questions: "Understand your numbers" Have Questions ? We’re here to help - What does Trekk Advisory assist with when starting a new business? Trekk Advisory provides comprehensive guidance to start-up owners by helping them choose the most suitable [business structure](https://trekkadvisory.com.au/download/business-structures-resource). We also offer insights on setting up efficient and cost-effective systems in the cloud to ensure smooth operations. Additionally, our services extend to maintaining accurate bookkeeping and helping you understand your obligations. Moreover, we propose effective cash flow strategies to keep your business financially healthy. - I just started a business and feel overwhelmed. How can Trekk help? We understand that starting a business can be stressful with a multitude of decisions to make. Our team is here to simplify the process and help you feel in control. We provide clarity and confidence in your business decisions by ensuring you are ticking all the right boxes. With Trekk, you can be confident that you're starting your business on the right foot. - How can cloud software and apps improve my business operations? Our range of cloud software and apps will streamline your operational processes. If you're spending excessive hours on your accounts or have difficulty keeping track of your business position, our systems can help restore control. By introducing automated bookkeeping and inventory and job costing add-ons, you'll not only save time but also gain better financial understanding and visibility into your business operations. - What kind of support and services can I expect once I've started using your cloud software and apps? We provide comprehensive training and ongoing support to all our clients. From initial [Xero](https://www.xero.com/au/) setup to continuous optimisation of our software, we're committed to helping you unlock the true potential of cloud systems in your business. Our expert team will be available to answer any questions, assist with configuration or troubleshoot any issues that might arise. - What is cloud software? Cloud software is revolutionising how we work by providing access via the internet instead of needing installation on individual computers or servers. This innovation streamlines business operations, offering a cost-effective solution by eliminating the need to buy or maintain hardware. Embrace the future of efficiency! - What are the benefits of using cloud software? Cloud software allows for real-time access to data, which is essential for businesses looking to grow. It can streamline various aspects of your business, such as bookkeeping, inventory management, and reporting, saving you time and providing a more accurate overview of your business performance. - What type of support do you offer for setting up and using cloud software? We offer comprehensive support that includes Xero setup and conversion, automated bookkeeping with Hubdoc, training, and ongoing optimisation. We also provide assistance with Point of Sale, Inventory, and Job Costing add-ons. - What services do you provide in bookkeeping and payroll? Our services include processing sales and purchases, supplier payment runs, reconciliations, fixed asset maintenance, and meeting all your payroll, superannuation, and payroll tax requirements. We also prepare activity statements. - How does your compliance and reporting work? Our compliance team compiles your data from your accounting software to ensure your returns are lodged in line with regulatory requirements. We also provide guidance on how your cash flow was invested, how you performed against Key Performance Indicators (KPIs) and industry benchmarks, and identify areas for improvement. #### Still have any questions? Can’t find the answer you’re looking for? Please contact to our team. [Get in Touch](https://trekkadvisory.com.au/contact) # It's time to grow #### Grow your business with these strategies and services focused on boosting your numbers. Every business is different, and you can be stuck in many different areas. Our [three-stage framework](https://trekkadvisory.com.au/how-we-help) adapts our services and guidance as your business moves through the crucial phases of Understanding, Growth, and Leverage. Looking ahead, let's dive into the second and most critical stage stage: [Growth](https://trekkadvisory.com.au/how-we-help/growth).  Ideal for grasping and maximising business value, crafting a solid plan for a smooth transition, preparing a business ready for sale, executing a successful exit, and transitioning into retirement readiness. [02 Grow my numbers](https://trekkadvisory.com.au/how-we-help/growth) ## Get a quote or call back Interested in reaching out? Fantastic! We're here to support you with our approachable mix of professional savvy and genuine care for your business. Kick things off with us over a coffee and some down-to-earth number talk. ## Spotlight: Trekk Advisory Brisbane ![new-squiggle](https://trekkadvisory.com.au/hs-fs/hubfs/Logo%20(New%20Website)/new-squiggle.png?width=800&height=67&name=new-squiggle.png) Check out our Brisbane office, and hear from Tony, Jen and Gav about our journey, process and values. ## Subscribe to our monthly business insights newsletter. [![trekkadvisory.com.auhs-fshubfsLogostrekk-advisory-logo-white](https://trekkadvisory.com.au/hs-fs/hubfs/social-suggested-images/trekkadvisory.com.auhs-fshubfsLogostrekk-advisory-logo-white.png?width=200&height=100&name=trekkadvisory.com.auhs-fshubfsLogostrekk-advisory-logo-white.png "trekkadvisory.com.auhs-fshubfsLogostrekk-advisory-logo-white")](https://trekkadvisory.com.au) Trekk Advisory exists to harness the power of numbers, nouse and know-how to boost your business, and guide you to your great. ###### Three stages that are key to your business: - [01 Understand your numbers](https://trekkadvisory.com.au/how-we-help/understanding) - [02 Grow your numbers](https://trekkadvisory.com.au/how-we-help/growth) - [03 Leverage your numbers](https://trekkadvisory.com.au/how-we-help/leverage) ###### Featured services - [Business accounting](https://trekkadvisory.com.au/small-business-accountants) - [Xero cloud accounting](https://trekkadvisory.com.au/xero-cloud-accounting) - [Advice + advisory](https://trekkadvisory.com.au/business-advisory-services) - [Tax minimisation + planning](https://trekkadvisory.com.au/tax-minimisation-and-planning) - [Self-managed super funds](https://trekkadvisory.com.au/self-managed-super-funds) - [Business Valuations](https://trekkadvisory.com.au/business-valuations) - [Full list of services](https://trekkadvisory.com.au/how-we-help) ###### Contact Us - [Brisbane QLD](https://trekkadvisory.com.au/brisbane) - [(07) 3378 7733](tel:+61733787733) - [Gympie QLD](https://trekkadvisory.com.au/gympie) - [(07) 5482 7655](tel:+61754827655) - [North Queensland](https://trekkadvisory.com.au/north-queensland) - [(07) 4773 7555](tel:+61747737555) - [Northern Rivers NSW](https://trekkadvisory.com.au/northern-rivers) - [(02) 5601 9900](tel:+61256019900) - [Rockhampton QLD](https://trekkadvisory.com.au/rockhampton) - [(07) 4922 2280](tel:+61749222280) © Trekk Advisory 2026. Liability limited by a scheme approved under professional standards legislation. All rights reserved. ```json { "@context" : "http://schema.org", "@type" : "Corporation", "address" : { "@type" : "PostalAddress", "addressCountry" : "Australia", "addressLocality" : "Newmarket", "addressRegion" : "QLD", "postalCode" : "4051", "streetAddress" : "8 Edmondstone St PO Box 3096" }, "alternateName" : "Trekk-Advisory", "description" : "A new generation of accountants, advisors,  supporters and  wingmen.", "email" : "hello@trekk.accountants", "image" : "https://21206577.fs1.hubspotusercontent-na1.net/hubfs/21206577/Logo%20(New%20Website)/trekk-favicon-large.png", "logo" : "https://21206577.fs1.hubspotusercontent-na1.net/hubfs/21206577/Logos/trekk-advisory-logo-black%201.png", "mainEntityOfPage" : { "@id" : "https://trekkadvisory.com.au/how-we-help/understanding", "@type" : "WebPage", "description" : "We help you find out where you're at in business, so you can make better business decisions. 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