Accounting

Our accounting services include:

• Compilation of financial statements
• Drafting of management accounts
• Assistance with company business plans
• Cash flow forecasts
• Preparation of budgets
• Monthly processing of financial transactions
• Submission of VAT returns
• Bank reconciliations
• Reconciliation of debtors and creditors accounts

Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarising, analysing, and reporting these transactions to oversight agencies, regulators, and tax collection entities. The financial statements used in accounting are a concise summary of financial transactions over an accounting period, summarising a company’s operations, financial position, and cash flows.

Outsourcing your accounting function allows you to concentrate all your efforts on growing your business. It is often not cost effective for a SME to employ a fulltime accountant to oversee the accounting functions of the business.