We'll start out on the right foot...
The first thing I do is carry out a review of all your transactions to date to make sure everything has been done correctly up to now. This will give you peace of mind that we’re starting on the right track, and I will keep you there. Once I've completed the review, I'll prepare a report to let you know if anything needs to be amended.
Then here's what I'll do for you each month...
I’ll post all your financial transactions, receipts and payments for all your business bank accounts.
I’ll record all cash and credit card transactions on your business credit card and reconcile the closing balance.
I’ll post all your expenses to the right codes, so you comply with Her Majesty’s Revenue & Customs (HMRC) requirements.
I’ll reconcile all your business bank accounts, purchase ledger, sales ledger and VAT records, so you know your records are accurate. This makes sure you don’t end up paying too much tax because you’ve missed some expenses, or receive penalties because you’ve missed some income.
And here's what I'll do for you each year...
If you’re a Limited Company, I'll prepare your accounts to trial balance for sending to your Accountant.
If you're a sole trader or partnership, I'll complete your accounts and prepare and file your Self-Assessment tax return.
If you're a small company or micro entity, I'll complete and file your accounts, and prepare your Corporation Tax return.
VAT registered?
I'll complete the quarterly VAT returns for you, saving you time and hassle.
Here's the little extras that make a big difference...
I'll take you through a list of the most common tax-deductible expenses to make sure you claim every penny possible against your tax bill, so you'll have more money in your pocket.
I'll adjust your accounts for accruals and prepayments, to ensure you always have an accurate picture of your financial situation. For example, if you pay for your insurance all at once, you'll have a large expense in the month you pay but then nothing for the next 11 months - spreading the cost over the year will give you an accurate picture. Accruals are adjustments for revenues and expenses that have been earned or incurred but not yet recorded in your records. Prepayments are for when you have paid for something that relates to a later period.
And that's not all!
I’ll cover the cost of the cloud accounting software, saving you even more money.
You get unlimited email and telephone support for advice from me on all ad hoc accounting matters.
You get all this for a fixed price each month. Contact me for your bespoke quotation.
Want to find out more before you call? Get in-depth information in my comprehensive brochure - click here for your copy.