Entry Counts | Financial Reporting for Accounting Firms
★★★★★Rated 5/5 by 500+ accounting firms

Ditch the Financial
Reporting Headache.

Powerful Xero reporting systems and financial reporting solutions for Australian accounting firms. Whether you need help with GPFR preparation, AASB 1060 compliance, reporting systems, or simply want clarity on your next steps, Entry Counts helps firms across Australia simplify compliance, improve efficiency, and grow with confidence.

500+
Firms Helped
18+
Years Industry Experience
5★
Satisfaction
100%
Compliant
Founded by Donnie Buchanan • Former Xero Advisor • Helping Australian accounting firms since 2008
Trusted by firms using
Donnie Buchanan
500+
Accounting
Firms Helped
18+
Years
Experience
5★
Client
Satisfaction
100%
AASB 1060
Compliant
Badge
Official Thomson Reuters Partner AASB 1060 Compliant Xero Certified ASIC Lodgement Ready ACNC Approved 500+ Accounting Firms 5★ Client Satisfaction Official Thomson Reuters Partner AASB 1060 Compliant Xero Certified ASIC Lodgement Ready ACNC Approved 500+ Accounting Firms 5★ Client Satisfaction
Looking For Something Specific?

Find the right reporting solution faster

Many accounting firms come to Entry Counts as they need help with;

GPFR or GPFS
AASB 1060
Tier 2
ASIC Large Pty Limited
ASIC Foreign Owned
Australian Financial Services (AFS licence)
Crowd Source Funding (CSF)
Queensland Building Construction Commission (QBCC licence)
QBE Insurance
Australian Charities & Not-for-profits Commission (ACNC)
Clubs Australia
Registered Training Organisations (RTO)
All other Tier 2 AASB 1060 requirements

If any of these sound familiar, you are in the right place.

What We Do

Two paths to compliance & efficiency

Whether you need to overhaul your Xero reporting system or outsource GPFR preparation entirely — we have a solution built for your firm.

Our two solutions
System Setup
We build a world-class SPFR & GPFR system inside your Xero HQ — with XYZ templates, charts of accounts, processes, and team training.
White-Label GPFR
We prepare AASB 1060 general purpose financial reports — audited and lodged.

World-Class Compliance

Achieve global best-practice using XYZ model financial accounts, fully integrated with your existing Xero HQ setup.

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Always Current

Remove the burden of tracking AASB 1060 developments. Our templates are kept up to date — your firm never falls behind.

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Audit-Ready Reports

Prepare and complete your AASB 1060 financial statement audit with total confidence. Every note and disclosure in order.

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Lodgement On Time

Stay ahead of all lodgement deadlines. We track critical dates and keep your firm clear of excessive penalties.

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Seamless Systems

Streamlined, documented processes — eliminating duplication, inconsistency, and inefficiency across your entire team.

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Flexible Delivery

Build your own internal Xero system, or outsource GPFR preparation entirely. Choose the model that fits your budget.

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How It Works

From onboarding to compliance
in four simple steps

We've refined our process across 500+ engagements so you get results fast, without disruption to your practice.

1
Free Consultation

We assess your current setup, identify gaps, and recommend the right solution — SPFR, GPFR, or both.

2
System Design

We build or configure your Xero reporting templates, charts of accounts, and workflows — tailored to your firm.

3
Team Training

Comprehensive training sessions and checklists ensure your whole team can use the new system confidently from day one.

4
Ongoing Support

We stay available for questions, updates, and lodgement support — so you're never navigating compliance alone.

Want to see how this would work inside your firm?

How It Works

How it works — preparation

Our GPFR preparation process is straightforward, fixed-fee, and designed to take the burden off your team completely.

1
Free Consultation

We assess your reporting needs, your current accounting data and what options you have.

2
Proposal

We provide a fixed fee proposal for the work.

3
Prepare Report

We prepare the report, request more information where needed, and finalise the report.

4
Audit and Lodge

Work with the auditor and yourself until the report is completed and lodged.

Ready to get your GPFR prepared?

Fixed-fee. No surprises. Start with a free consultation.

Book a Free Consultation
Our Philosophy

Built on Compliance,
Efficiency & Profitability

Every engagement we take on is guided by a single framework. We believe accounting firms shouldn't waste time, money, or energy on processes that can be systematised.

C
Compliance
E
Efficiency
P
Profitability
Book a Free Reporting Review ↗
"Think of yourself as dead. You have lived your life. Now take what's left and live it properly. What doesn't transmit light creates its own darkness."

— Marcus Aurelius, guiding philosophy of Donnie Buchanan, Founder

500+
Firms Helped
18+
Years Experience
2017
Established
Success Stories

Trusted by hundreds of
Australian accounting firms

★★★★★ 5.0 Rated by 500+ accounting firms across Australia
★★★★★

The reporting templates are a significant improvement on the Xero offering. The Entry Counts chart of accounts seamlessly generates compliant general purpose financial statements — and Donnie makes me look good in front of clients.

MW
Michelle Wilson
Tellery Group
★★★★★

Donnie modified his standard templates to our firm standard and deployed them across our whole team, with training included. A small investment for a great outcome — I received positive feedback from every single staff member.

CD
Christopher Dodson
D & A Professional Services
★★★★★

Donnie seamlessly integrated XYZ model financial accounts into our Xero HQ — charts of accounts, processes, training, and checklists. Now we prepare both SPFR and GPFR for all clients with just a few clicks.

MA
Mick Alcorn
Ignition Accountants
★★★★★

His guidance during our migration from Reckon Elite to Xero was invaluable. His ability to make the most difficult appear easy alleviated our concerns and mitigated several potential pitfalls and financial losses.

BE
Bronte Evans
Bronte Evans CA
★★★★★

Donnie is an absolute genius. He's saved me hundreds of man hours. Now I provide my clients the perfect reporting packages every month — all automated and compliant. I can't recommend him enough. Absolute legend.

MM
Martin Moate
Empire Advisors
★★★★★

We now have the world's best SPFR and GPFR system where we can prepare both for all our Xero clients. Keeping our financial statement process entirely in Xero was exactly the right call. Great service, great people!

SS
Shannon Smit
Smart Business Solutions

Ready to achieve similar results for your firm?

Donnie Buchanan Badge
Thomson Reuters
Official
Certified Partner
Our Story

Built by an accountant
who hates waste

What drives Entry Counts is a deep dislike of waste — time waste, money waste, and energy waste. Donnie Buchanan founded Entry Counts after nearly a decade inside accounting firms and at Xero, watching practices lose hours every week to inefficient reporting.

The result is a service built entirely around CEP: Compliance, Efficiency, and Profitability. When your systems run properly, you get back time for what matters most.

  • 2008 Joined a boutique CPA practice in Sydney under Joe's mentorship
  • 2013 Joined Xero helping accounting firms across Australia
  • 2017 Founded Entry Counts — financial reporting solutions
  • Now Helping hundreds of firms achieve CEP outcomes daily
"Think of yourself as dead. You have lived your life. Now take what's left and live it properly." — Marcus Aurelius
Book a Free Consultation
Partners & Affiliations

Our Trusted Affiliations

We work alongside the most respected bodies and platforms in Australian financial reporting.

XYZ Model Financial Accounts Partner

Thomson Reuters

We build your system using XYZ Model Financial Accounts, who are widely recognized as the global industry standard for financial reporting.

This solution ensures compliance with Australian Accounting Standards (AASB), IFRS, and regulatory requirements. We provide our clients with precisely structured financial reporting tools that align with professional and statutory obligations.

Xero Certified Advisor

Xero Certified Advisor

As a Certified Xero Advisor, we offer expert guidance on Xero's cloud-based accounting software, which is widely used by Australian accounting firms.

We have used Xero since 2012, also being an employee for 4 years until 2017. Our advisor status allows us to build "XYZ & GPFR in Xero".

The Auditors Institute

The Auditors Institute

We work with industry leading registered company auditors and SMSF auditors.

Supporting this organisation provides our clients assurance that the work is being audited by the best in business.

Affiliation 4

Why These Affiliations Matter

Ensures compliance with Australian Accounting Standards

Provides access to trusted and widely adopted financial tools

Helps accounting firms achieve accuracy, efficiency, and data security in financial management

Looking for practical reporting guidance?

Download a free resource or book a review with Donnie.

Industry Insights

State of the Industry Reports

Download our latest free research and stay ahead of the curve in Australian financial reporting compliance.

Free Download

ACNC Reporting 2025

ACNC Reporting 2025
Get Your Free Copy
Free Download

Industry Whitepaper 2025

Whitepaper 2025
Get Your Free Copy
Frequently Asked Questions

Questions accounting firms often ask

Get clear answers about GPFR, AASB 1060, Xero reporting systems, compliance requirements, and how Entry Counts can help your firm.

AASB 1060 is the Australian accounting standard used for Tier 2 General Purpose Financial Statements. It applies to many entities required to prepare GPFRs while reducing disclosure requirements compared with Tier 1 reporting.
SPFR means Special Purpose Financial Reports. GPFR means General Purpose Financial Reports. GPFRs provide a more consistent and transparent reporting framework and are required in many reporting situations.
Yes. Entry Counts assists accounting firms across Australia with GPFR preparation, financial statements, disclosures, and AASB 1060 compliance requirements.
Yes. Entry Counts helps firms create efficient Xero-based reporting systems, templates, report packs, charts of accounts, and workflows that simplify GPFR preparation and compliance.
No. Entry Counts works with accounting firms across Australia, including Sydney, Melbourne, Brisbane, Adelaide, Perth, and regional areas.
Yes. Many firms engage Entry Counts to review their current reporting processes, identify inefficiencies, and recommend improvements to compliance, reporting workflows, and Xero systems.
GPFR stands for General Purpose Financial Reports. GPFR forms part of the broader GPFR reporting framework and is commonly used when discussing Tier 2 and AASB 1060 financial reporting.
GPFS stands for General Purpose Financial Statements. GPFS forms part of the broader GPFR reporting framework and is commonly used when discussing Tier 2 and AASB 1060 financial reporting.
Tier 2 reporting uses AASB 1060 and provides simplified disclosure requirements compared with Tier 1 reporting. It is commonly used by entities that need General Purpose Financial Statements but do not require full Tier 1 disclosures.
Yes. Entry Counts supports accounting firms preparing financial reports for ASIC-related requirements, including Large Pty Limited reporting, foreign-owned entities, AFS Licence reporting, and other compliance situations.
Yes. Entry Counts assists firms and organisations preparing ACNC financial reports, including reporting support for medium and large charities where GPFR or AASB 1060 requirements may apply.
Yes. Entry Counts helps firms build efficient Xero reporting systems, including report templates, report packs, chart of accounts structure, workflows, and training for internal teams.
Yes. Entry Counts helps firms create structured Xero report templates and report packs that improve consistency, reduce manual work, and support better financial reporting outcomes.
Timeframes vary depending on the complexity of your current systems, reporting requirements, and desired outcome. Most projects begin with a review of your existing process before recommending the most practical next step.
The easiest way is to book a free reporting review. Entry Counts will assess your current reporting process, understand your requirements, and recommend whether GPFR preparation, Xero reporting systems, or another approach is the best fit.

Still have questions? Let's talk through your situation.

↗ Let's Talk

Ready to free your firm
from reporting headaches?

Whether you need better Xero reporting systems, GPFR preparation, AASB 1060 support, or a second opinion on your current process, book a free reporting review with Donnie and get clear next steps.

[email protected] · entrycounts.com