Our services include the following key areas of record keeping:
Financial Software – installation and implementation of products. Packages we work with include Sage, Xero, Kashflow Payroll, Quickbooks.
Implementation of Bookkeeping Systems and Procedures – setting up the chart of accounts, implementing and documenting procedures, setting up bookkeeping processes and the financial structure for the business.
Company Payroll Services – online, cloud-based payroll services for small businesses.
Sales Ledger - sales invoice processing, applying of banking and cash receipts, maintaining master data, managing the trade and sundry debtors’ ledgers and aspects of credit control to include chasing debts.
Purchase Ledger - purchase invoice processing, organising and processing the payment run, maintaining master data and statement reconciliations.
Banking - managing and applying cash in and out of the business including reconciliation of the day books to the bank statements.
VAT submissions to HMRC - setup VAT online services through HMRC, checking submission reports and final HMRC submission.
Debt Chasing – chasing business customers for outstanding debts, sending copy invoices, issue statements of account.
We also provide a management accounting service including budgeting, business planning, cost and profitability analysis.
Each month, or whatever timeframe you prefer, we recommend a face-to-face meeting with you to discuss results and update on the key ledger balances.