My main job is to give you peace of mind. You give me all of your paperwork, digital or hard copy. I make sense of it, upload it into cloud software and give your accountant all he needs to do your official returns.
Standard procedure is:
- Upload digital copies of Sales and Purchase receipts and invoices.
- Create digital entries for all Sales and Purchases.
- Bank reconciliation from digital bank feed.
- Register new fixed assets and maintain the asset register.
- Run depreciation.
- Quarterly Management reporting.
- End of year routine (sending relevant reports to accountant and entering end of year journals).
- Manual scanning of all hard copy paperwork.
- Manual typing of hard copy bank statements (if no bank feed is available).
- PayPal reconciliation.
- Adjustments for multicurrency transactions.
- Monthly payroll journals from your payroll provider.
- Monthly or bespoke reporting.
- VAT returns (standard or cash based only).