Year End Service

Features

If you are interested in taking up this service with us, the cost of our service is £175 and will include:

• Review of reconciliations completed on areas such as net wages, PAYE/NI and VAT
• Review of your aged debtors and creditors for accuracy and any likely bad debt provisions for the year
• Review of stock, WIP, fixed assets, accrual and prepayments to be made in the year
• Improving the layout of your financial information
• Setting budgets for the year to come
• Production of comparison reports to show yearly trends
• Providing a report on your current cash-flow compared to where it should be and break-even position of your business
• Taking a back-up of your data for use in the preparation of your annual accounts

Benefits

• Helps you to ensure your records meet the terms of your quote or Fixed Price Agreement with us
• Ensures all the information is ready for the preparation of your accounts
• Allows us to get your draft accounts prepared quicker so you have more time to consider the tax and financial implications of them before they are finalised
• Makes it easier to use the budgets facility throughout the year
• Gives you a comparison of the year on year figures
• Helps you to be more aware of how different areas of your business are performing and where improvements could be made
• Allows you to be more in control of your business, anticipate cash-flow problems and estimate tax bills