Thursday, 10 July 2014

Management Accounts for SME’s

Management Accounts for SME’s

Management Accounts
We are firm believers that the production of regular and accurate Management information greatly helps small business owners control the business finances.  Access to up-to-date and accurate financial information is crucial to understanding how your business is performing and helps with the day-to-day decision-making and on-going business strategy.
A regular review of the “bottom line” and other key indicators tracking overall business performance ensure there are no unpleasant surprises in the pipeline. Regular management information helps enforce a discipline within the organisation, creating good habits by keeping on top of the bookwork.  Accurate Management Accounts can also help in forecasting business performance, assessing future tax liabilities and the impact of decision-making on performance and cash flow.
Web based solutions can provide key information in “real-time” and this is a great advantage for essential business tasks such as credit control and monitoring short-term bank and cash movements.  With a bit of extra work, other information such as Payroll journals can be added to the system to reflect the full cost of Payroll and the magical accruals and prepayments to produce an accurate set of periodic Management Accounts.  The management accounts can then be used for a number of purposes such as internal management meetings and external meetings with your Bank Relationship Manager.
We work with you to decide who does what, so that you have access to regular accurate financial information as well as on-going support from us.
Our accounting services division has been designed to complement our existing consultancy activities and provides:-
    • Monthly or Quarterly Management Accounts using either cloud or on-premise solutions
    • VAT Compliance – online submission of VAT Returns to HMRC
    • Business advice on a monthly, quarterly or half-yearly basis – you decide
    • On-line business reviews and commentary on management accounts when using our cloud solutions
    • Profit & Cash flow forecasting using Sage 50 Forecasting
    • Short-term cash management using Excel templates
    • Bookkeeping using ReceiptBank

Monday, 7 July 2014

Part Time FD in Bolton and Manchester

Part-time FD services

Part-time FD services for growing businessesA qualified finance professional (Chartered Accountant) acting as part-time FD or on an ad-hoc basis can help you to really understand what’s going on inside your business and save you costs. Interested? then contact us now using the form below.
Serving North Manchester and South Lancashire, we specialise in helping SME’s with a Turnover up to £5m control the finances and to understand the “figures” by acting as the ‘FD’ (Finance Director) or ‘CFO’ (Chief Financial Officer) on a part-time basis.  We understand that not all businesses need the services of a full-time, qualified, finance professional, but it’s still pretty useful to have those skills available when needed.  We provide those skills to businesses that are not yet quite ready or able to afford an FD on a full time basis, but now need the support and advice (and quality of financial information) that a qualified finance professional can bring.
We provide a qualified part-time FD or even virtual Finance Director to businesses that recognise the need for this type of support. We have extensive experience in the SME marketplace and can tailor our services specific to your needs and budget.

Our services are flexible and affordable, within your control and are aimed at providing on-demand business support, as and when you need it.