All rights reserved
Total credit control is our comprehensive accounting package that allows you to maintain, monitor and manage your business finances on a monthly, Weekly or fortnightly basis. This comprehensive package starts from as little as £200.00 a month and comprises of:
End of year accounts
TAX & VAT Returns
Monthly, weekly or fortnightly bookkeeping
Monthly tax liability assessment.
CC Club membership (Please read CC Club for more details)
Leasing with HMRC on your behalf (Tax and VAT queries)
Self Employed (Sole traders, LTD, Directors and Partnerships)
Income from land and property
Capital Gains Tax
End Of Year Accounts
Connecting All The Pieces
Accounting is identified as the art of recording, classifying, and summarizing in a significant manner the financial economic activity of a business to make financially smart and informed business decisions.
The "measurement" of accounting information is not a straight-forward process. It involves making judgements about the value of assets owned by a business or liabilities owed by a business. It is also about accurately measuring how much profit or loss has been made by a business in a particular period. The information is compiled at the end of each year in what is known as a business end of year accounts.
Accounts & Credit Control
If you have been using our monthly bookkeeping service or our total credit control package then producing your Year End Accounts is a quick and painless process.
Once we have had your business income and expenditure for your financial year; we will produce your Year End Accounts as soon as possible, and contact you should you we have any queries.
We appreciate your yearend accounts are one of the most important parts of maintaining a successful business; as such we strongly believe that you should have your Year End Accounts a matter of weeks into the new year, not just a couple of weeks before they are due.
Pro-actively keeping on top of your accounts is the key to good business financial management and the core of all successful business.
We will prepare your Year End Accounts in a timely manner which means you will know how much tax you have to pay months in advance of when it is due.
It also means that you can start focusing on the current financial year and not have to think back and answer questions about a transaction that may have happened over a year ago.
Avoid Late Filing & Penalties
Far too many companies suffer heavy penalties if accounts are filed late. Healthy cash flow will be the difference to a striving business or a struggling one.
Partnerships are faced with a minimum charge of £100.00 penalty for each partner within the business. Imagine a business with 6 partners; that’s potentially £600.00 penalty for accounts been 1 day late.
Avoid late filing by using our award winning Credit Control Package. Our services will ensure we have all your documents completed filed, checked and verified by yourself and submitted to HMRC in plenty of time.