Clarity & confidence in your business finances.
Square Penny helps growing businesses in Melbourne and across Australia gain control of their cash flow, compliance, and reporting through expert bookkeeping and CFO support.
Managing your finances shouldn’t feel this hard.
Most business owners don’t enjoy chasing numbers. When reports are unclear and books are behind, it’s tough to make confident decisions – or even know where your cash flow stands.
Unclear cash flow or profit margins
Missed BAS, payroll or compliance deadlines
Limited visibility into business performance
Hours lost fixing financial errors
That’s where Square Penny comes in.
We become part of your business, managing your day-to-day accounts and delivering board-level financial insight. From bookkeeping and payroll to budgets, forecasts, and regular reporting, we handle it all so you can make confident decisions backed by accurate data.
Services that keep your business financially fit.
From day-to-day bookkeeping to board-level strategy, we tailor our services to fit your business stage and goals.
Bookkeeping & Compliance
Keep your numbers accurate and compliant with meticulous reconciliations, BAS/IAS lodgements, and monthly reporting you can rely on.
Payroll & Superannuation
End-to-end payroll and super management – from setup to processing – ensuring your team is paid right and on time.
How we help you get control of your finances.
Our process keeps your books accurate, your cash flow predictable, and your decisions informed – without the overwhelm.
Built on experience. Led with purpose.
Square Penny began with one person’s mission to make finance simpler for business owners – and continues today under leadership focused on clarity, growth, and trust.
For almost two decades, Square Penny has been built on one simple belief: small businesses thrive when they’re supported by people who genuinely care about their success. Stepping back into the CEO role, my focus remains unchanged – creating clarity, reducing financial overwhelm, and giving business owners the freedom to grow with confidence.
Over the years, I’ve seen firsthand how easily business owners can become consumed by the day-to-day. My goal is to remove that burden. When our team handles the numbers – accurately, proactively, and with transparency – you gain the clarity and control you need to make better decisions and stay ahead.
Square Penny was founded on honesty, discipline, and a deep respect for the people behind every business. Those values guide us today more than ever. I’m proud of the team we’ve built, the clients we serve, and the impact we help them create – not just in their books, but in their lives.
Damian Scodella, Founder & CEO
The difference a true finance partner makes.
Our clients gain more than accurate books – they gain financial clarity, stronger cash flow, and the freedom to focus on growth.
Meeting Damian when I launched my startup was perfect timing – we clicked straight away. He’s brought structure, process and an incredible team who handle all our financials with ease. Sarah is my Wonder Woman and Damian my Superman – I can’t recommend Square Penny highly enough.
Square Penny have been a trusted partner since 2018, providing not just financial advice but genuine business guidance. Damian and the team take pride in helping us achieve our goals – balancing growth, sustainability and work–life balance. Their support has been invaluable, and I’d recommend them to any business owner.
Working with Square Penny has been an absolute pleasure. Trish, Alison, Anu and Hayley are proactive, thorough and always one step ahead – they think about the details so we don’t have to. Their support and hard work have made a real difference to our business.
Square Penny have been an absolute lifesaver for us. Damian and Angela treat our financial goals as their own, providing both day-to-day support and long-term direction. It’s a partnership built on trust, and we couldn’t be happier with the guidance and care they provide.
Square Penny are lifesavers when it comes to managing our bookkeeping and payroll requirements. They take the hassle away and make the process stress free and seamless. Highly recommend their services to anyone that is looking for a high quality service.
Square Penny are true professionals when it comes to real estate accounting. Their budgeting support and monthly reporting keep us on track with spending and cash flow, giving us total confidence in our numbers. Partnering with Michelle and Erin has been a complete game changer for our business.
Ready to bring clarity to your finances?
Let’s have a quick chat to see how our CFO and bookkeeping services can help your business thrive.
Spot the gaps before they cost you.
Get our free SME Financial Health Checklist – a 12-point guide every business owner should review before the next BAS quarter. Quick, practical, and created by CFOs who know what growing businesses really need to stay on top of their numbers.