Free Financial Health Check

Can you trust your numbers?

In five business days, from your own Xero file, you'll know whether your profit is real, whether a bill is hiding in the ledger, and the three things to fix first. Free, read-only, and nothing in your file is touched.

Request my free score

About 10 minutes of your time · read-only Xero for 48 hours · confidentiality letter first · or book a 20-minute call

LedgerLift · Financial Health CheckQuick Diagnostic · Sample
52/ 100

Financial Fitness Score

Developing

0–39 At Risk40–59 Developing60–79 Healthy80+ Strong

By pillar, and what is at risk

  • Foundations42Profit only comes right in June
  • Compliance61Payroll tax not accrued for five months
  • Hygiene & controls38Dormant users can still post and delete
  • Visibility58Debtors drifting past 90 days
Scored from the ledger · reviewed by a person02

What you'll find out

Five questions, answered from your own file

Not a sales call dressed up as a review. The answers come from your ledger, and you keep them whatever you decide.

1

Is my profit real?

Or does it only come right at 30 June, when the accountant adds the accruals and adjustments nobody books monthly?

Foundations · structure, retained earnings, deferred revenue

2

Is a bill hiding in the ledger?

Payroll tax not accrued, super sitting unpaid, leave that hasn't moved in months. Things owed that the P&L doesn't show yet.

Compliance · super, payroll tax, PAYG, leave

3

Is anything parked where it shouldn't be?

Suspense balances, unreconciled bank and card accounts, loans that don't match the lender, users who can still post and delete.

Hygiene and controls · recs, clearing, loans, access

4

Can I see what's owed and owing?

Debtors drifting past 90 days, suppliers being stretched, a cash trend you can actually read.

Visibility · aged receivables and payables, cash

5

What do I fix first?

Your top three priorities, what each one is costing or risking, and a straight answer on whether you need help or can fix it in-house.

Your score, your priorities, a 30-minute call

✓

What you get

A one-page Financial Fitness Score out of 100, the breakdown across four pillars, your top three priorities, a note on what a file alone can't show, and a 30-minute call. Within five business days.

Two recent Health Checks

What the score found in real files

Two reviews from 2026, anonymised. Both businesses had a bookkeeper, an accountant and reports going to their leadership. Neither could rely on a monthly number.

Quick Diagnostic · a subscription business

48 / 100 · Developing

Well processed. Not yet well accounted.

  • Every bank account reconciled, but accruals were booked only at year end, so no month's profit could be relied on.
  • About a third of the month-end tasks were actually being done, and none of the process was written down.
  • Dozens of dormant Xero users, many with admin rights, could still post and delete.
  • Surplus cash well beyond any working-capital need was earning almost no interest.

The outcome: five things to do straight away, three of them free and none of them committing the business to us.

Deep Diagnostic · an established services business

41 / 100 · Developing

The P&L was telling a different story from the business.

  • Long service leave had never been accrued. Years of it, with annual leave, landed in a single year's P&L, so a profitable year was reported as a loss.
  • Reported revenue growth was overstated by several points: discounts had moved from revenue to cost of sales without anyone flagging it.
  • With no deferred revenue or work-in-progress account, revenue was recognised when invoiced, not when delivered.

The outcome: a twenty-item action register with owners and dates, and six figures of value identified, half of it cash available on one decision before year end.

Client details withheld. Scores are on the LedgerLift Financial Fitness method; indicative management information, not an audit.

How it works

  1. 1
    Tell us about the business

    A short email or call. We send a one-page confidentiality letter to sign.

    2 minutes
  2. 2
    Invite a read-only user

    In Xero, guide here. Read-only means nothing can be changed. You remove it when we're done.

    2 minutes
  3. 3
    Get your score and talk it through

    One page and a call: the score, the three priorities, and two options for what happens next, or none.

    30-minute call, day 5

If you go on with us: bookkeeping included free (bookkeepers typically charge a small business $600 to $1,200 a month), and your first month worth it, or it's free. No obligation either way.

Who reviews your file

Jared Magee

Jared Magee

15 years in finance. Built the finance function for a general practice group as it grew from 8 clinics to 84; leads finance for a marketplace group across Australia and the UK.

Every Health Check is scored on the same written method and reviewed by a person, not just software. The score is indicative management information, not an audit.

How every review is held to account

Scored from the ledger, not from a conversationEvery rating has the evidence beside it: the account, the balance, the date.
Plain about what wasn't testedAnything we couldn't see gets no score rather than a guess, and the report says which way it would move the number.
Yours to act on, with us or without usEvery finding comes with an owner and a next step. Many are fixed in-house in an afternoon.

Request your free score

Two minutes to start

We reply within one business day with the one-page letter and the Xero guide. Five business days after you invite us, you have your score.

  • No fee, and no obligation to buy anything after
  • Read-only access: nothing in your file can be changed
  • Confidentiality letter signed before we see a thing
  • You keep the score whatever you decide

Send us four things

  • Your name, business and best phone number
  • Your accounting system (Xero, MYOB, other)
  • Number of sites or staff
  • What's bugging you about your numbers
Email my request

Or book a 20-minute call.

Want the full action plan? The Deep Diagnostic, $1,750 + GST

Everything in the free review, plus documents and interviews with you and whoever does the books, a fifth pillar on how the finance function runs (close, controls, reporting, key-person risk), and a four-to-six page Findings and Actions report ranked by impact. About two weeks. Every clean-up project is quoted off it.

Talk about a Deep Diagnostic

Before you hand over access

Is read-only access really read-only?

Yes. Xero's read-only Adviser role can view reports and transactions and cannot post, edit, delete or pay anything. You invite us, we tell you when we're done, you remove the user. The guide shows the two-minute steps.

What happens to my data?

It's held in LedgerLift's Google Workspace in a restricted unit with two-step verification enforced and external sharing disabled, used only to prepare your Health Check, never shared with another client, and deleted on request after delivery. The confidentiality letter you sign first says all of this.

What happens after the call?

You keep the score. On the call we show you the options, the Deep Diagnostic, a monthly finance function, or a smaller start with a quarterly check-in from $167 a month, and say which we'd choose in your shoes. If neither fits, that's fine: no pressure, and one reply of "no thanks" stops anything further.

Is this tax or BAS advice?

No. LedgerLift is not a registered tax or BAS agent. The compliance checks report the position your file shows; anything about what it should be goes to your registered agent, and we'll say so.

What if I use MYOB or something else?

Send the exports listed in the guide instead. Same checks, same score.

Why is it free?

Because it's how most of our clients start. It's about two hours of work, capped. If the score shows you're in good shape, you'll know. If it doesn't, you'll know what to do first.