Why traditional Accountants
Waste Time & Money
Traditional way...
X - Get the books from
the Client a couple of months after the year-end.
X - Take a copy of the Clients’
Sage or other file.
X - Establish the assets
and liabilities at the year-end
X - Make the income and
expenditure balance to this
X - If it does not, make
guesstimates of the adjustments required.
X - If it still does not
make sense, throw away the Sage data and analyse cheques and receipts
from scratch.
X - Client’s books
are now drastically different from the accounts
X - It does not matter if
the Income & expenditure is correct provided the accountant can stand
over the balance sheet.
X - There is no need to
feed adjustments back to the Client’s books.
X - The accounts are produced
primarily for the taxman.
X - Client gets accounts
long after the year-end.
X - Information is too old
to be of any use.
Our way…
Install a modern easy to use accounting system
Set up correct opening balances in a properly structured General Ledger.
Train the accounting staff.
Check the bookkeeping each month and make corrections on the Clients own
records.
Prepare accurate monthly accounts.
Any remaining errors will stick out like a sore thumb when anomalies are
investigated
The Client will use this valuable information on his/her business.
The Client can correct things which have gone wrong before he has lost
a fortune.
The Client will be able to manage and build the business safe in the knowledge
that results are known.
The bank will be impressed with the degree of control exercised by the
owner.
Annual accounts for tax purposes fall out automatically with no surprises.
VAT returns fall out of the system with no extra work.
There is no wasteful duplication of effort.
There is only one set of books and you own the process.
…TIME WAITS FOR NO ONE
GET MONTHLY ACCOUNTS NOw!!!
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