Bookkeeping is the recording and organising of all company financial transactions into accounting software, including purchase and sales invoices, receipts and payments.
Accuracy is vital in this process and maintaining solid accounts is essential for the growth of your business.
If you outsource your bookkeeping to us, you can be assured that this area of your business will be in the best possible hands.
Final accounts are a necessity for any company whether large or small.
They can only be prepared once all the bookkeeping for that financial year is accurate, complete and certain further adjustments have been made.
These accounts, which include the profit and loss account and the balance sheet, will give an idea about the profitability and financial position of a business not only to its management and owners but also to other organisations such as banks if a loan is sought, or suppliers if they need to decide whether to offer you credit.
If you need final accounts prepared for a sole trading company, partnership or not-for-profit organisation, these will be prepared accurately and promptly.
If you are a limited company and already use a chartered accountant, we can draft final accounts for you and pass these onto your accountant, saving you money.
Nowadays more than ever, it is more important for businesses keep their accounts on a computerised and/or cloud system, making them easier to access and manage.
There are many software packages to choose from, each with certain characteristics to suit all types of companies, and with a wide range of prices to match.
We can help find the right package for you, set up your accounting system into this software and then maintain it as often as necessary to ensure that any information needed is on hand and current.
Contact us now to find out more about our Setting up of Computerised/Cloud Accounting Systems services.
If you are a charity with an income over £25,000, you are required by law to have your annual accounts independently examined within 10 months of the end of the financial year.
If this is your case, contact us now for more information about our Independent Examination of Charity Accounts services.
All business owners need to know at all times who owes them money and how much, and who they owe money to and how much.
The benefits of having an aged debtor and creditor list on hand are essential in keeping on top of payments, receipts, cash-flow, knowing when you should be receiving payments and knowing when payments need to be made.
These reports can be easily taken from any computerised accountancy software, however for the list to be correct, all the business accounts need to be completely up to date and accurate in the software.
Contact us now to find out more about our Producing Creditor and Debtor Reports services.
If you feel you are spending too much time preparing and sending invoices, sending out reminders and accounts statements and aiming to get paid on time, then we can take care of all of this work for you.
Giving you more time to concentrate more on your business, this can be especially helpful if you are thinking about growing your business.
We can prepare and issue sales invoices for your clients as soon as they need to be sent, and then we can track them and create a system for flagging up due invoices and chase payments where necessary.
Contact us now to find out more about our Invoicing and Credit Control services.
The importance of cash flow forecasting cannot be overstated, especially for smaller businesses.
When a business runs out of cash, has no new sources of finance, and is unable to pay suppliers and/or employees it will quickly become insolvent, a situation that could lead a sole-trader to bankruptcy.
A cash flow forecast will show you the expected cash flows over a specified, future period, and therefore can pre-warn of any possible problems, allowing you to plan ahead to avoid them before they even happen.
Contact us now to find out more about our Cash Flow Forecasts services.
After updating your accounts, you will always receive relevant feedback and observations from us in plain English and any information we provide you will always be easy to read, useful and serve to help you track and control your business.
Contact us now to find out more about any of our services, or for a free, no-obligation appointment.
Together we can find how best to work together and in a way that suits you. We can either collect and drop off paperwork from your workplace/home, it can be sent electronically by email or Dropbox or you can drop it off and collect from us as it suits you.
If you prefer the bookkeeping to be carried out on your premises, this can also be arranged.
