In the age of digital transformation, speed and accuracy become easier to reach. This is why many businesses are choosing to automate tasks that do not require extensive brainpower. Simply put these tools help you organise financial paperwork and computing payroll to tracking inventory, invoicing and preparing tax returns, advancements in cloud accounting technology have proved useful in trimming down the hours spent on bookkeeping and accounting responsibilities. We help you set up and manage these tools and have partnerships with two of the best on the market.
Despite the name, the role is not clerical or secretarial. A company secretary is a senior position in a private sector business or public sector organisation. The company secretary is responsible for the efficient administration of a company, particularly ensuring compliance with statutory and regulatory requirements and for ensuring decisions of the board of directors are implemented. It's also their responsibility to communicate with shareholders, to ensure that dividends are paid and to maintain company records, such as lists of directors and shareholders, and annual accounts.
Working in business myself and with many other businesses, I have seen pretty much everything. I have put together practical guidance to help you set up and run your business. I offer a clear breakdown of the key activities you need to do to do to get set up and put you on the right track for success. If you are just starting out, be sure to have a one-to-one with me first. Ensuring you're ready for the challenges that running a new business will bring. I have personal experience in starting and setting up new companies. My advice is impartial and confidential.
Administrative accounting involves many things, in the main day-to-day activities involving spend the business may make things like bookkeeping, payroll, management of company assets, tax preparation and planning, inventory control and more dependant on the type of business you are.
We support many small business owners that spend all day working for their customers and then have to carry out the administrative tasks on an evening and weekends. To assist our clients in managing both their business and time effectively we offer a range of general administration services which include:
We love working closely with small businesses – those who can’t yet afford to bring in full-time accountancy employees. We provide tailored services that include producing annual accounts, looking after VAT returns, and managing payroll. We also deal with HMRC on our clients’ behalf. This could be as simple as filing accounts ftor dealing with investigations.
VAT – most people have heard of it but not many understand it, and we know that it’s hard enough already running your own business and is often confusing for many self-employed, contractors and small business owners.
Although the ins and outs may be tricky to understand for first-timers, the sooner you get your head around HMRC’s VAT rules the better. our simple no-nonsense approach and access to a dedicated expert could be just right for you.
Here we undergo the process of recording, classifying, analysing, summarising, and allocating costs associated with your business. Then develop a course of action to control the costs. Our aim is to advise the management on how to better business practices and processes based on cost efficiency taking into account capability. This service provides detailed cost information that businesses need to control current operations and plan for the future.
In management accounting or managerial accounting, managers use these provisions of accounting information in order to better inform themselves before making bold deceive decisions within their business. One simple definition of management accounting is the provision of financial and non-financial decision-making information to managers.
According to the Institute of Management Accountants (IMA): "Management accounting is a profession that involves partnering in management decision making, devising planning and performance management systems, and providing expertise in financial reporting and control to assist management in the formulation and implementation of a businesses strategy".
A service that many busy growing companies with an eye on being bigger and better than they are today.
From an HR viewpoint, the payroll department is critical because employees are increasingly sensitive to payroll errors, as you'd expect. For good employee morale, it requires payroll to be paid timely and accurately. The primary mission of the payroll department is to ensure that all employees get paid accurately and timely with the correct withholdings and deductions, plus, for on behalf of the company, the withholdings and deductions are remitted in a timely manner. That is exactly what we do on your behalf. As companies grow so to do your responsibilities and we can ease your growing pains.
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