OUR SERVICES

We provide the people to take care of the books so you can focus on the business. Common services we provide include, but aren't limited to, the below. Get in touch to find out how we can help you.

PURCHASE INVOICES

  • Collecting purchase invoices via post or via emails

  • Coding them to nominal accounts and department or project codes

  • Posting them to accounting software 

  • Ensuring right VAT treatment 

  • Ensuring right supplier account & description

BANK RECONCILIATION

  • Updating bank module on the accounting software by allocating payments & receipts  

  • Matching bank transactions on the system to bank statement as per bank 

  • Querying missing receipts, resolving duplicate entries, errors or spotting fraudulent transactions

SALES INVOICES

  • Raising sales invoices on accounting software & sending to clients

  • Reconciling systems & post sales details (web). 

  • Selecting the sales nominal codes & ensuring proper VAT treatment

  • Ensuring right supplier account & description

MONTH-END REPORTS

  • Follow month-end procedures

  • Post journals for payroll, accrued income, deferred income, prepayment expenses, accrued expenses

  • Depreciation calculations, corporation tax estimates

  • Run profit & loss reports & balance sheet statement

  • Cash flow statements

  • Any other ad hoc reports 

SUPPLIERS & CUSTOMER RECORDS

  • Creating Supplier contacts on the system. 

  • Recording name, address, contact person, email address, set default nominal account, set default VAT treatment, add VAT number.

  • Generate supplier statements allowing for account reconciliation and chasing supplier for any missing invoices.

VAT RETURNS

  • Ensure books are up to date for quarterly VAT returns. 

  • Review VAT treatments of transactions. 

  • Liaise with client to review the return before submission.

  • Make MTD submission via the software.