Accounts are a necessary evil
… at least that’s the traditional view.
Let’s face it, for many businesses their accounts are produced typically 9 months after the year-end and are so out of date by then they are useless as a management tool for decision-making. All they are is a cost.
Unfortunately they are unavoidable. They have to be produced to enable you to report income to the tax authorities. And if you trade through a Limited Company, Limited Liability Partnership or some other entities, you must file statutory accounts with Companies House. If your accounts are either wrong or late both HM Revenue and Customs and Companies House impose penalties. These can be severe.
This is the bottom line…
You have to produce fully compliant year-end accounts by law. So we might as well do the job properly and turn what is normally seen as a necessary evil into what financial statements should be – the core management tool for every business. Your accounts could be a management tool that reports the current health of your business and aids decision-making so you build a great business.
And this is why we use a real-time information system
We use a real-time information system, which means we can help you with important business advice throughout the year. Our Cloud Accounting solution offers a range of packages so you can choose the level of support that is best for you.
This is one of the features our clients find most valuable…
What's more, we'll be working to improve lives around the world at the same time
As a B1G1 Business for good, when you sign up to one of our accounting solutions, we will make an impact on some of the world's most disadvantaged communities at the same time. To find out more, take a look at our Impacts page to find out more.
Take a look at the additional information below or contact us to discuss your needs.