Annual accounts

Let’s face it, for many businesses their accounts are produced typically 9 months after the year-end and are so out of date by then they are useless as a management tool for decision-making. So they’re viewed as a cost.

Unfortunately they are unavoidable. They have to be produced to enable you to report income to the tax authorities. And if your accounts are either wrong or late both HM Revenue and Customs and Companies House impose penalties.

So we might as well do the job properly and turn what is normally seen as a necessary evil into what financial statements should be – the core management tool for every business. A management tool which reports the current health of your business and aids decision making so you build a great business. We use a real time information system, which means we can help you with important business advice throughout the year.

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Key benefits

You’ll have 24/7 access to up-to-date financial information and reports from any device with an internet connection.

A fully customisable screen showing you the key financial information you need to run your business more successfully.

The system allows you to embody payment methods into your invoicing making it much easier for you to get paid, reducing bad debts and slow payers.

Fast, simple customised sales invoicing will make your life simpler. Manage your sales much more easily and get paid much quicker.

Your bank accounts can feed directly into the system, which keeps your accounts up to date and fully reconciled to the bank.

As well as helping you, this system makes our life much easier so we’ll happily pay the monthly fee for the software for you.

Want to learn more?

If you’d like to find out more how we can help your business with cloud accounting then click below to get in touch.