About Us

SME Cashbook emerged from a genuine necessity within accounting firms to save valuable time typically spent chasing bank statements from their small to medium-sized enterprise (SME) clients or manually coding bank transactions. In Australia alone, there are over two and a half million SMEs, with more than a million likely not requiring expensive accounting/bookkeeping/cashbook software. These businesses are often linked to accounting firms, where BAS agents, Tax agents, and Accountants help with BAS, payroll, and annual compliance. As a result, these firms also need convenient access to their client files.

Co-incidentally, amidst a post-COVID shortage of accounting staff, firms are actively seeking ways to enhance productivity through automation for managing periodic BAS, payroll, and compliance tasks. Our team engaged with thousands of accounting firms and gathered most important feature requests from them that will benefit them and their SME clients substantially and that is compiled below:

User-friendly cashbook with optional STP2 payroll at an affordable cost.
A collaborative platform for Trusted Advisors and SMEs, managed by Trusted Advisors (BAS, Tax Agents, and Accountants).
Customizable chart of accounts with sub-accounts with the ability to upload them in bulk
Easy splitting of credit or debit transactions on bank reconciliation.
Generation of periodic financial reports (Trial Balance, P&L, GST/BAS reports)
Automatic Updates to GST and financial reports when reconciled bank entries are fixed.
Drill down from Trial Balance to transaction level.
Bulk fix/reallocation from the trial balance to a different account.
Import bank feeds from multiple accounts, merge or separate them, and sort/filter based on date range.
Accounting firms-friendly management of group clients with multiple businesses and ability to select any client and any business from the dashboard
Export transactions and Trial balance in .csv format.
Hassle-free activation of bank feeds with historical transactions without any manual paperwork by sending an email request to SME to activate them
Cash basis accounting.
Entry of Cash Receipts and Cash Payments.
Journal Entry using a double-entry accounting system.
Dashboard with easy-to-understand charts for SMEs.
Upload receipts/invoices before or after bank reconciliation, with the ability to seek clarification via email from clients.
Monthly bank reconciliation status presentation in green and red with easy launch of bank reconciliation page for the selected month
Smooth transition from alternative end of life or mediocre software
Optional STP2 compliant payroll with easy migration from alternative software.
Future-proof approach with AI/Machine Learning for search term memorization and incorporation of more AI-based features cautiously and ethically.
Audit trail on bank transactions import with timestamps at every reconciled transaction.
Separate display of contractors along with customers and suppliers in contacts for TPAR.
Addition of Jobs/Tasks or Projects/Milestones, Activity codes/cost codes, categories, or subcategories without additional charges, with an interactive P&L for filtering.
Bank reconciliation screen display based on side-by-side and line view.

We’re excited to announce that Australian Accounting Firms can now access all these benefits at an exceptionally affordable price. Subscriptions are exclusively available to accounting firms. If you run your own SME and want to leverage this modern, intuitive, cloud-based application, please consult with your Accountant.