How Hopscotch Accounting Transformed the Financial Systems at Engadine Preschool Kindergarten
At Hopscotch Accounting, we’re passionate about supporting not-for-profit organisations, especially early childhood education providers, by simplifying the complex world of finance. One of our standout partnerships in this space is with Engadine Preschool Kindergarten, a community-run preschool that approached us in August 2024 to help strengthen their financial systems and accountability.
The Challenge
Engadine Preschool is managed by a volunteer committee that changes annually, making continuity and compliance critical. Their financial systems needed to be clear, compliant, and easy to use for new committee members with varying financial experience. They also needed to meet rigorous reporting requirements for government funding and regulatory bodies.
On top of this, they were juggling outdated software and a heavy administrative burden across payroll, superannuation, tax obligations, and reporting.
Why Engadine Preschool Kindergarten Chose Hopscotch
The Engadine Preschool Kindergarten Management Committee wanted an accounting partner who not only understood their not-for-profit structure but also had real experience supporting organisations in early education. Transparency, professionalism, and streamlined reporting were top priorities, and that’s where Hopscotch stepped in.
Our Solution
Our first step was to transition their systems from MYOB to Xero, ensuring a smooth and professional changeover. We:
- Consolidated software and streamlined all financial processes
- Set up Xero with a custom chart of accounts, bank feeds, payroll, and reporting templates
- Trained staff on how to use the new platform with confidence
- Provided ongoing support and expert advice every step of the way
We also helped standardise documentation and reporting to support their obligations with the NSW Department of Education, State Government funding, and annual audit requirements.
Tangible Results
Within just 12 months of working with Hopscotch, administrative time spent on financial matters dropped by over 50%. This freed up the Engadine Preschool Kindergarten team to focus on governance, strategic planning, and what really matters, providing quality education to local children.
We continue to support their:
- Annual preparation and presentation at the AGM
- Monthly financial reporting and forecasting
- Payroll, superannuation, tax and entitlements under various awards
- Census data and reporting for funding accountability
A Collaborative Approach
Matthew and the Hopscotch team are proud to offer more than just accounting services, we provide peace of mind. As the Engadine Preschool Kindergarten team shared:
“Matthew and his team have been incredibly supportive, knowledgeable, and responsive. They understand the unique needs of community-based preschools and explain everything in an easy-to-understand way.”
Supporting the Not-for-Profit Sector
Hopscotch Accounting specialises in working with kindergartens and early childhood centres across Sydney. We know the pressures of running a community organisation and we’re here to help.
If you’re part of a not-for-profit preschool or community service and want to take the stress out of financial reporting, we would love to assist.
Call Hopscotch Accounting on ☎️ 1300 HOP 123.
