Bookkeeping for the horse racing industry.

“Furlong Financial set up Prism/Xero for us in September 2019. Jamie drove from Melbourne to Horsham to do this as part of his personalised, hands-on approach. Since then we have used Furlong Financial on a monthly basis to help us with our month-end invoicing along with our day to day processing of transactions in Xero. We know that whenever we have an issue in Prism/Xero on any financial related matters that we can contact Jamie at any time and he is always available to help us.”

“We have used Jamie and Furlong Financial since October 2019 to provide the stable with daily bookkeeping services. Jamie keeps everything updated in Xero on a daily basis and ensures that all of our debtors/creditors are fully reconciled at all times. Jamie also prepares a weekly wages analysis report that calculates our wages per day per horse. At month end he also prepares a Profit and Loss Report versus budget and a fully reconciled Balance Sheet for our monthly management meeting. Jamie has an in-depth knowledge of the financial side of the racing industry and how that impacts a stable and has provided us with much-needed advice since coming on board.”

“Furlong Financial has been an integral part of our business on a daily basis since August 2019. Initially, Jamie came out to Sutton Grange to set Prism/Xero up for us. Since then, he has provided us with end to end bookkeeping services, including managing our cashflow. Jamie is an expert within the financial module in Prism. He also ensures that our invoices are sent out to owners on the 4th working day of every month, which is a huge bonus for cashflow. He is also available outside of normal office hours to attend to any financial issues that might arise from time to time. I have complete faith in Jamie and Furlong Financial to manage our stable finances while I concentrate on training winners.”

“Furlong Financial set Prism/Xero up for 2 of our horse racing entities. On a monthly basis, we use the services of Furlong Financial to do all of our monthly Prism invoicing. Jamie ensures that our invoices for our agistment farm are sent to the trainers on the 2nd working day of every month so that we don’t hold them up invoicing their owners. For our syndication portal, he always ensures that our invoices are sent to our owners within 1 working day of receiving the last invoice from a trainer. Jamie is always contactable outside of office hours if we ever need his assistance with Prism/Xero related queries. His knowledge of the horse racing industry makes him an asset to our business.”