Connect once
Link the client's Xero organisation and use your practice's existing ATO authorisation. Entities, the chart of accounts and opening balances come through automatically.
Applications
What each Finetica application does
Finetica is a family of applications for Australian accounting practices. Compliance — Entities is available now; the other six are coming soon.
Application 01
Compliance — Entities
Available
Annual workpapers for companies, trusts and partnerships.
Your compliance file, prepared before you open it. Compliance — Entities pulls the client's ledger and ATO information, builds the workpapers the entity needs, tests them, and hands your team a file that is ready for review.
The workflow
From connection to sign-off
Generate the workbook
Pick the financial year. Finetica selects the workpapers relevant to that entity, populates them from source, and cross-references balances between papers.
Read the exceptions
Each paper tests itself and flags variances, unmatched items and movements outside threshold. Your team starts at the problems instead of hunting for them.
Query, conclude, sign off
Raise queries to the client, attach the evidence, record your conclusion and sign off. Notes and history stay with the workpaper permanently.
Workpapers
What Compliance — Entities prepares
Modules cover the year-end compliance file for companies, trusts and partnerships. New modules are added as the platform grows.
Balance sheet
Every balance substantiated, every movement explained.
- Bank reconciliation
- Accounts receivable & payable
- Fixed assets and depreciation
- Small business pool & instant asset write-off
- Intangible assets
- Hire purchase
- Current and non-current assets
- Long-term investments
- Inter-entity loans
- Beneficiary loan accounts
Tax & compliance
The positions that carry the most risk, tested the same way every time.
- GST & BAS reconciliation
- ATO activity statement account
- Franking account
- Division 7A loans and minimum repayments
- Tax reconciliation
- Capital gains schedule
- Tax return disclosures
- Group tax position
Payroll & employment
Superannuation and employment taxes, reconciled to the payment dates.
- Superannuation on-time vs late analysis
- Salaries and superannuation
- Payroll tax by state
- WorkCover
- FBT — car fringe benefits
- FBT — reimbursements
Revenue & review
Income tested against the ledger, and the analytical work a reviewer expects.
- Sales reconciliation
- Analytical profit & loss review
- Account review
- PSI analysis
- Rental activities
- Dividends and distributions
- Managed fund income
- Client queries
Integrations
Fully integrated with Xero and the ATO
Finetica connects directly to Xero and, through the ATO authorisation your practice already holds, to the ATO. The data your workpapers depend on arrives on its own.
- Ledger data from Xero. Trial balance, chart of accounts, contacts, transactions and asset registers.
- Account information from the ATO. Activity statement account movements, so the ATO account reconciles to the ledger without a manual statement.
- Documents you upload. Bank statements, loan statements and bills are read and matched to the right schedule.
- Within your authority. Finetica acts only on the client authorisations your practice already holds — it does not create or replace them.
- Opening balance12,480.00
- Lodgements & payments(148,902.15)
- Closing per ATO9,315.40Agreed
- Closing per ledger9,315.40Agreed
Application 02
Compliance — Individuals
Tax return workpapers and individual-specific reconciliations.
Compliance — Individuals will prepare the workpapers behind an individual's tax return. It will cover the reconciliations that apply to individuals, where Compliance — Entities covers companies, trusts and partnerships.
Application 03
Practice Management
Practice control across client obligations, ATO status and debt.
Practice Management will give the practice control across its clients' obligations. It will show each client's ATO status and debt alongside those obligations.
Application 04
AI Review Tool
Independent file review with completeness and risk findings, and a release gate.
The AI Review Tool will give a client file an independent review. It will report completeness and risk findings, and add a release gate before the file goes out.
Application 05
CRM Suite
Client information and document collection, job workflow and timesheets.
CRM Suite will hold client information and collect documents from clients. It will also cover the job workflow and timesheets.
Application 06
The Buddy Family
Client bookkeeping, categorised P&L and BAS.
The Buddy Family will cover bookkeeping for the practice's clients. It will give a categorised profit and loss statement and the business activity statement (BAS).
Application 07
Tax Planner
Pre-30 June advisory: project each family group's tax position and record plans while there is still time to act.
Tax Planner will support advice before 30 June. It will project each family group's tax position and record plans while there is still time to act.
MFA
Required for every user account.
Roles
Partner to view-only, plus guests.
Australian
Customer data hosted in Australia.
Audit
Activity and change logging.
Security & control
Built for the data it holds
Client financial information deserves more than a login page. Access is scoped per user and per client, connections are encrypted, and every material action is logged against the person who took it.
You remain the accountant. Finetica prepares and tests the file; the professional judgement, the review and the lodgement stay with your practice.
Read our privacy policyWalk through it with us
Thirty minutes, one of your own clients, and a look at the file Finetica produces.