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Accounting and bookkeeping

We keep your books and prepare accounts you can run the business on.

At a glance

Price
Depends on the matter. Ask for a quote.
Included
  • Bookkeeping
  • Management accounts
  • Payroll support
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Everything we handle

  • Bookkeeping
  • Monthly accounts
  • Management accounts
  • Financial statements
  • Payroll support
  • Accounts payable and receivable
  • Financial reporting
  • Accounting system set-up
  • Budgeting
  • Cash-flow reporting
  • Financial analysis

How it works

  1. We look at how you record transactions today.
  2. We set up or tidy your accounting system and chart of accounts.
  3. You send documents each month. We record and reconcile them.
  4. We send monthly or management accounts with a short note on what changed. At year end, we prepare the accounts for tax and, where required, audit.
Good to know
  • Statutory audits are carried out by independent auditors.

What to bring

  • Bank statements
  • Sales invoices and purchase bills
  • Payroll records
  • Access to your accounting software, if you use one
  • Last year's financial statements

Questions

Can you clean up books that are months behind?

Yes. We bring them up to date first, then move you to a monthly routine.

What are management accounts?

Short monthly reports, usually a profit and loss account, a balance sheet and a cash-flow summary. They show how the business is doing while there is still time to act.

Talk to us about Accounting & Bookkeeping

Ask V Smart

I answer from V Smart Associates' published guidance. For advice on your situation, talk to the team.

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