Overview of Services

  1. Bookkeeping services

    We handle the bookkeeping, either partially or fully, of all company accounting transactions. The client provides us with data on daily sales, purchases, deposits, and withdrawals, which we input into our accounting system. We can also manage fixed asset ledgers, calculate and record depreciation costs, and calculate and record prepaid and accrued expenses. We also perform accurate year-end financial closing and can use our accounting system to generate and report income statements and balance sheets.

  2. Monthly financial review, accounting advisory agreements

    For clients with a treasurer, we can offer monthly financial reviews or accounting advisory agreements as required. Our monthly reviews comprise either monthly or annual reviews of the client’s financial closing processes. Accounting advisory clients are provided with expert accounting management advice as required.

  3. Accounting system roll-out / change consulting

    An accounting system can be a vital tool in quickly understanding business performance and establishing internal controls. We generally recommend QuickBooks, but in cases where QuickBooks does not offer enough functionality, we can advise appropriate measures to take and your accounting system options. We can consult on multiple aspects, from how to set up a system to ensure optimal data acquisition to which approach to permissions allocation is preferable for internal control. For clients in the manufacturing industry, our team includes members who have previously worked for major manufacturers , allowing us to offer a wide range of industry-specific insight and advice, from roll-out procedures for standard costs accounting, to understanding cost variance, and processing methods.

  4. Support for business plan preparation

    We can support clients in preparing their business plans. Our consulting service covers areas of complexity which require expert knowledge when drawing up a business plan, such as depreciation budgets, tax, and cash flow. Following the Trump administration’s tax reforms, the divergence between depreciation costs for accounting and tax purposes has widened, and the knock-on effect on tax and cash flow cannot be ignored when budgeting. Accurate budgeting, including tax budgeting, is a prerequisite of estimating capital needs.