launched in early 2018 iBAS sports accounting specialises in helping sporting clubs reach their full potential
iBAS Sports Accounting
The amount of technology available for clubs to run their financial affairs is amazing.
While changing from the traditional ways clubs have managed their financial affairs can be a daunting task, the benefits are huge and ongoing year after year. No matter how big or small your club the benefits of installing a system like Xero are well worth the investment.
Significantly reducing the workload of the Treasurer and many other volunteers
Turns bank reconciliations and monthly reporting into a breeze
Protects the most vulnerable asset of the club...its CASH
Allows for simple budget preparation with timely Actual V's Budget comparisons
So easy anybody can use it
Using online accounting system XERO, we set up monthly reporting templates, annual budgets, annual cash flow projections and budget variance reports.
All of which allows the clubs treasurer to provide timely and meaningful reports to their committee which can be used to help guide the running and development of the club.
iBAS can not only help implement a fantastic Accounting package we can also help streamline your clubs finances, set up procedure and process manuals, produce forecasts and management accounts to help understand what is truly going on in your club which in turn makes reporting to your committee easy and fast.
All rates are GST inclusive
Package One: Telephone support
1 Hour phone (team viewer) training to set up the club $250
Includes training manual and 2 months ongoing telephone/email support
Package Two: Basic Set up
Initial consultation with iBAS to discuss club (30-45 min telephone)
Organisational set up in Xero
Set up Chart of Accounts
Talk client through set up of bank feeds (only possible for bank signatory to set up)
Setup customised club invoice
Set up logins for club users
Import of conversion date balances including outstanding sales/purchases invoices as @ conversion date
2 year comparative figures if available
Training 1.5 hr
Includes training manual and 2 months ongoing telephone/email support $1,999
Package Upgrade Options (Add on's)
Inventory: Itemised inventory set up
Basic set up $450
- Mainly for clubs wishing to track the sales of merchandise, however can be used for canteen/bar sales if required
- Includes Training sheets
Payroll Set up:
Basic set up $550
- Per employee $50 For each employee
Expense Claim functionality and training
- Does your Club make reimbursements for club expenses paid by Staff or Members?
The expense claim functionality is a fantastic time saving option worth knowing how to use. $175
Fixed Asset Register
1-10 Assets held by the club $450
- Additional $50 per Asset over 10
Customer/supplier contact information import
- Having your Suppliers and Customers set up correctly in Xero can offer many benefits.
Not only does reconciliation of your bank account becomes easier but you will also have the benefit
of being able to view a specific customer/members history and send them statements via email should you need
a. Template populated by the club and imported by iBAS $175
b. Remote log in Training on Contact maintenance and coding $175
c. Extraction of Data from current system population of template & upload to Xero by iBAS
Includes training notes $450