Outline
However similar our clients may be, each one is unique and we aim to provide a service which suits their circumstances. We see this as one of the benefits of being a small firm with an enthusiastic and adaptable staff team.
Business services is a broad term which covers many activities. For some clients this means a quarterly check-in where we review the accounts the client has prepared and help file a VAT return. For others, this means a weekly visit to the client’s office to complete the bookkeeping, and monthly attendance at board meetings to present their management accounts. For others still, it means providing a virtual office, handling their mail, accounts and correspondence remotely.
The type of service which suits you best may look like what we already do for another client – but it will always be bespoke to your organisation and your needs.
Our Service
Our business services or accounting support service includes:
- Full bookkeeping and month-end reconciliations (on site or remote)
- Preparation of management accounts with narrative analysis and commentary, budget variance and KPIs
- Presentation of accounts to senior management and boards
- Preparation and submission of VAT returns
- Credit control and chasing of debtors, flagging slow payers/bad debts
- Managing payables (creditors) ledger and notifying you of payments required (or instructing these to the bank if sufficient two-step authority is in place)
- Completing funding or financial monitoring reports
- Line managing the accounting and finance team in your business
- Liaising with auditor at year end and preparing the accounts and audit file, handling audit queries and attending the audit planning and closing meetings
- Training of your staff if these roles are to be shared or partially in-housed
Please get in touch if you would like to obtain a quote for business services.