Business Management

For our Business Management clients White Sky acts as your Financial Controller. All bills etc are sent directly to our office, we pay them when necessary, we chase up outstanding debts, we maintain cashflow analysis, we basically handle everything to do with money on a day to day basis. You could say we act as an “office” for the band/artist.

We also specialise in international and domestic tour budgeting and post-tour budget versus actual figure analysis. This allows us to build a history of your touring activity for future planning.

Cash Flow Forecasting means we work with management to create and maintain a cash flow analysis system for future planning.

Bookkeeping

For other clients we offer a more straight forward bookkeeping scenario; where our clients send us (monthly or quarterly) a pile of receipts, invoices, ATO correspondence, bank statements etc. We then, using MYOB, calculate the income, expenses, and reconcile the bank statements.
Once all the info is in MYOB, profit & loss reports can be done specifically for tours, as well as by month/quarter/year etc.
From there we liaise with the client's Accountant in calculating and lodging the BAS and arranging for the lodgement of Income Tax Returns.

All files, contracts, ATO correspondence etc is kept in our office for security and convenience.

EMDG

The Export Market Development Grant (EMDG) was introduced by the Federal Government to aid Australian businesses in promoting Australian products internationally. If your band is travelling overseas you may be eligible to be reimbursed up to 50% of your costs. Give us a call to see how we can help you out.