Preparation of Management Accounts and VAT Returns
All businesses should monitor profitability, cash position and other key performance indicators on a regular basis. Your bank manager may also require regular information to support any borrowings.
We will prepare accurate and timely management accounts from your accounting systems, whether computerised or manual on a monthly or quarterly basis as required. The accounts will be accompanied by a commentary on trading performance, provide a comparison with previous months and, if available, to budgets. We will prepare an overview of the balance sheet and provide recommendations for any improvements considered necessary. We are also happy to meet with you to discuss the accounts if you prefer.
If you use sage line 50 accountant, accountant + or financial controller, version 11 or above you will have an 'accountant link' option. You can export data, send it to us, record material changes and import any adjustments that we make. If you would like to use this option, we can discuss this with you in more detail.
If you are registered for VAT, you will need to prepare quarterly VAT returns. If you are using a computerised accounting package, the information for the return will be produced automatically. We will ensure that the returns are prepared and submitted to HMRC to meet deadlines.
