The BFMS Complete Service
Do you need a complete accounting solution all under one roof?
For those that do not have an internal bookkeeper but require financial information on a regular basis, we offer a full in house bookkeeping service designed on our internal computerised bookkeeping systems.
This service can be offered on a weekly, monthly or quarterly basis and is designed around you and your business to suit your requirements and deadlines.
You will be offered Management Information on a regular basis:
- A Statement of Profit and Loss
- A Balance Sheet
- An Aged Creditors/Debtors Analysis
- And various other reports you may require
Within this service, if you are VAT registered, we will prepare and file your VAT returns and if required incorporate the preparation of payroll. We will also take care of the annual accounts and all taxation, so all paperwork stays under one roof and there is no requirement to appoint other firms.
The package service carries many benefits as you will deal with us from start to finish on all aspects of accounting and you will be provided with support and sound advice all year.
And in addition to all of the benefits above we also quote for the package upfront and then split the fee into monthly instalments to assist you with your cash flow. Now you know that there are no unexpected bills.
Our package service has proved to be very popular and it is a cost effective solution to all of your accountancy needs.
Management information
Do you prepare your own bookkeeping but require accurate Management Information? Regular management information is vital to the continued success of any business.
If you maintain your own books and records but you do require support once a month or once a quarter, then this is the service for you.
We can visit your premises as and when required and prepare reliable and accurate management information on which you can base your decisions.
We will provide you with:
- Statement of Profit and Loss
- Balance Sheet
- And any other reporting required.
Payroll
Do you find payroll administration time consuming? We offer a full in house payroll service tailored to your business.
Simply let us have the hours /salaries and we will do the rest.
Employees will receive a printed payslip every pay run and employers will receive a full costing breakdown for PAYE and NIC.
We will ensure that all filing requirements are met and will advise you throughout the year on legislative changes.
All reports will be written as required by you, so if you want to split wages costs between departments or other cost centres, we will set up the relevant reporting structure.
Business planning and forecasts
Is it time to plan for the coming years?
Whether your business is a start up or established, it is important to prepare a strategy every year. In doing this you are able to ensure that your business is where you want or need it to be.
Setting yourself targets and restrictions is a great way in thinking about how your business should be performing in the years to come. Forecasting and budgeting allows you to realise your goals and make any changes along the way.
We can assist in all aspects of planning and help you to monitor actual performance versus targets throughout the year.
Business plans, cash flows and profit and loss projections are also required by banks and building societies to support any loan applications made and we can prepare these with you. We will also support you with your application during meetings with your bank manager.