Accounts Health Check

How do we do it?

Step 1 – Gain access to Xero and provide insight on where improvements could be made to get your business the information it needs

Step 2 – Highlight figures which affect your cash flow, profit and loss and balance sheet

Step 3 – Review your VAT return to ensure free from error and reduce risk of HMRC inspections

Step 4 – Review of debtors and creditors

Step 5 – Provide a traffic light colour coded report identifying where improvements need to be made to quality of bookkeeping and management accounts which will help you make informed business decisions

Why should you get a Xero health check performed?

• Reduce time spent on accounting admin
• Pay the right amount of taxes, be it VAT, corporation tax, personal tax
• Avoid getting fined for paying the incorrect tax
• Prevent getting an HMRC investigation due to poor quality records
• Clear sight of profits
• Know your numbers and potential tax bills by having real-time accounting information
• Expenses detailed by category to allow easy management
• Reducing cash tied up in debtors by clear tool for management
• Reduce stress by knowing your accurate financial position
• Make informed business decisions
• Automate and streamline processes
• Easier access to financing with more up to date and accurate records