All companies have sales, purchases and expenses, and all the paperwork that these create can cause headaches that take you away from the important business of running and growing your enterprise. We can take your paperwork and turn it into a usable trial balance, or take it further into annual reports.
The Profit and Loss and Balance Sheet are the reports that show you how your business has performed in the past 12 months, compared to the previous 12 months. These are the reports that all businesses are judged by.
Gives you an overview of how your Company has performed in the previous month. These are the reports that will help you to make important decisions on how to take your business forward.
This is an analysis of your of your figures that will further enhance your decision making – “is that product really making a contribution” – “how much has that decision really cost us”. These are the issues that all the big companies employ a finance department to answer.
Many small businesses are happy to do their own accounts on a day to day basis, and then hand them over to an accountant at the end of the year, to prepare the Statutory Financial Reports for HMRC. We can do this work on a monthly basis to ensure that you are kept informed of the financial health of the Company, and any significant cash liabilities.
By working with our clients on a regular basis throughout the year, we can prepare cash flows and budgets to help you grow your business. One of the major issues for a small business is running out of CASH – Don’t let this happen to you.