Services
Here is a list of services I provide with a brief description of each. If a service is not listed it doesn’t mean I can’t provide it.Contact me for more information.
Basic Services
- Day - to - day
- Collating receipts and recording of expenses
- Raising purchase orders and recording expenses against them
- Raising invoices and recording income against them
- All in the right categories from the start
- Petty cash control
- Keeping control of actual cash spent within your business
- Monitoring the correct paper trail for every penny
- Correctly categorising each expenditure and entering the figures into your software
- Bank reconcilliations
- Most businesses cease trading due to poor cash-flow more than any other reason.
- I can help you manage cash-flow and anticipate cash shortages by doing regular bank reconciliations, i.e. a comparison of your account ledgers against your bank statements
- This will ensure everything is paid in and out as planned and that there are no erroneous transactions.
- Reports
- See how your business is performing:
- Debtors & creditors - see who owes you or who you owe
- Income & expenses - see where your money comes from or where it goes
- Most reports generated to your requirements on a regular basis
- Credit control
- Chase late payers that owe you money
- Use of a firm but polite method of chasing your debtors
- ◦ Sometimes they just need reminding
- Self assessment
- Using the figures from the end of year adjustments, the figures for your tax return are ready to complete the correct boxes
Further Services
- Cash flow forecasts
- A report that show you estimated flows of money in and out of your business
- Fixed asset register
- Keep control of all your fixed assets
- Know what they are, where they are and what they are currently worth
- Annual adjustments for depreciation carried out
- Accounting for the sale or disposal of the fixed asset
- Transferring the right figures into your accounts
- End of period adjustments
- Organising your figures and making sure they're in the right place
- ◦ accruals
- ◦ prepayments
- ◦ depreciation, etc.
- VAT returns
- All the right figures in the right place at the right time
- These figures can be compiled from your own records or I can complete your records and VAT returns so you never miss a deadline again
- Doesn't matter which method is used:
- ◦ Standard accounting
- ◦ Cash accounting
- ◦ Flat rate scheme
Software Training
- Chart of Accounts
- Set up your list of categories to correctly allocate your income and expenditure
- Clients & Customers
- Help you to correctly set up a list of existing or new clients & customers so you know who your selling to and who owes you money
- Suppliers or Vendors
- Help you to correctly set up a list of existing or new vendors & suppliers so you know who your spending your money with and who you owe
- Bank and Credit Card
- Help you correctly set up the accounts from where your money comes and goes. Show you how to reconcile each account so that it matches your statements
- MutliCurrency
- Show you the most efficient way of handling one or more currencies other than £GBP so you can see if you make a gain or loss on the transfer rates
- User Training
- Train all staff that will use the software in how to get the most from it
- Troubleshooting
- Remain available to answer any queries or problems encountered in a users daily routine
Full support provided throughout the life of our relationship either in person, by email or by phone.
Life is like accounting, everything must be balanced Unknown