YOUR FIGURES
To be successful thrive and survive, your business needs to make money.
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To keep track of that money, you need the correct financial systems and people in place.
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To move forward, you need to understand your financial reporting and act on it.
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Outsourced Financial helps you put the right system in place, and then explain your figures to you - at the outset, every month and each financial year end.
YOUR SYSTEM
We look in detail at your existing bookkeeping and accounting system.
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We review how things are working for you now, and what you are looking for in terms of financial information.
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We recommend and implement improvements, including systematisation and automation.
YOUR BOOKKEEPING
We carry out your bookkeeping for you on a day to day basis, making sure everything reconciles, balances and is accurate.
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We work with you to ensure all transactions have supporting documentation, so you have up to date information at your fingertips.
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We also work alongside your external accountants to ensure they have the information they need.
YOUR REPORTING
We devise a Financial Reporting system that works for you.
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We provide you with detailed Monthly Management Accounts that have been tailored to your own particular needs.
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We discuss your figures with you every month, explain them to you in detail, and help you to understand and act on them.
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We help you plan for the year end in advance, and discuss finances with you in way which is meaningful and easy to understand.
YOUR SOFTWARE
We use the Xero Cloud Based Bookkeeping and Accounting Systems for all of our work. We are Xero Certified Partners and Business Advisors.
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We believe that Xero is the most progressive financial information system of its kind.
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We can help you to implement Xero into your own business, together with many other systems that integrate with it.
OTHER SERVICES
Cash Flow Forecasting | Profit Projections | Finance Proposals | VAT Returns | Payroll Services | CIS Construction Industry Scheme Reporting | Management Accounts | Partial Exemption