We collect your creditor and debtor invoices and code and enter them.
Client invoice generation
If you do not have a system to generate invoices we can do this for you. This can be done via completed work orders.
Accounts payable reconciliations
We can reconcile all creditor invoices back to creditor statements to ensure all costs are included.
I you don’t like chasing your debts (or don’t have time), we can chase these for you to assist with your cash flow.
We will reconcile all payments and receipts back to bank statements and ensure that the company bank details balance back to the statement.
Maintain inventory records and reporting
We can setup your inventory within your company details and keep track of this through your sales and purchase records. This will enable inventory reports to be generated.
Customer and supplier database records can be set up and maintained.
Balance Sheets. Income Statements.
We can send your financial statements to tax preparer.
PREPARATION OF BALANCE SHEET & PROFIT AND LOSS STATEMENTS
Once information has been entered for a specific period we can generate base balance sheets and profit and loss statements. It is important to remember that these will be prior to tax adjustments that may be made by your accountant at the end of each year.
VAT RETURNS AND VAT REGISTRATION
We can register companies for VAT and compile and file all necessary paperwork for quarterly VAT returns to HMRC.