Preparation and / or monitoring of periodic Management Accounts and reports
Management accounts and reports are important to assess the performance and position of a business. The review of key performance indicators on a weekly, monthly, quarterly or annual basis, while comparing these to historic figures and future forecasts. Reports are prepared on SAGE, Xero, Iris or Excel to allow our team to discuss the figures with company directors and key personnel.
Receiving the prime information in either electronic or paper-based format, our bookkeeping department process the data on either SAGE, Xero or Excel to then allow for VAT returns, Management Accounts and Statutory Accounts to be prepared. This service takes the administration burden away from our clients to allow them to focus on their business.
Payroll services under Real Time Information
Payroll services are provided on a weekly, fortnightly, four-weekly or monthly basis. Processing of the payroll information and notifying the business owners of information, such as net wages, PAYE, national insurance and pension deductions. PAYE schemes are set-up in the first instance and annual reporting requirements are completed for HM Revenue and Customs.
Pension auto-enrolment set-up, processing and advice
Pension auto-enrolment is a hot topic for all businesses with employees. Auto-enrolment pension set-up is completed six months before the staging date. Ongoing processing and pension advice is provided to clients to ensure businesses are complying with the government regulations and staff are motivated by receiving this benefit.