From Idea to Reality – Senja Bali

Launching a new business in the fashion industry is no small feat. For Senja Bali, getting the numbers right from the start was essential to building a sustainable brand. That’s where Magda stepped in, helping Senja Bali navigate the challenges of sales tax compliance and financial setup while allowing the creative team to stay focused on product development. This partnership became a game-changer when Senja Bali took a bold leap forward, opening their very first physical storefront.

The Challenge

When Harry, the founder of Senja Bali, started the business, he knew his strengths lay in creativity—not finance. Harry wanted a trusted accounting partner who could help him manage these challenges from the outset. As he put it, "The art of delegation is so important. Offloading [financial tasks] to somebody as professional and supportive as Magda was a very easy decision."

The Solution

Magda provided accounting and bookkeeping services for a fashion startup  in the launch mode:

• Guided the client through the sales tax certification application process.
• Set up QuickBooks and a customized chart of accounts tailored to the fashion industry.
• Maintained monthly client meetings to answer questions and provide ongoing support.
• Processing monthly sales tax for a small, frequently traveling team to ensure compliance

Harry appreciated the personal touch and expertise saying, “I wanted someone who wasn’t just a big firm. Vanessa made it feel personable from the start, and the team was incredible at keeping us on track."

The Results

• Sales Tax Compliance: Ensured all sales tax filings were accurate and on time.
• Efficient Financial Management: QuickBooks and organized charts of accounts provide a clear view of finances.
• Creative Freedom: With financial tasks handled, Harry and his team could stay focused on product development.
• Successful Storefront Launch: As Senja Bali opened its first physical location, Magda ensured that financial systems were in place to handle transactions seamlessly.

"It’s been great to have someone constantly reminding me of upcoming deadlines and organizing everything. It just makes the whole accounting process really easy." Additionally, Harry’s positive experience led to onboarding another family business with Magda, highlighting his confidence in their services: "It just made sense to have them support my mom’s business too. They’re great with small businesses like ours."

‍Ready to launch your business with confidence? Explore Magda’s Launch Plan — tailored bookkeeping, tax compliance, and financial planning designed for startups like yours.