Cash Flow
You’ve probably heard the phrase “cash is king”. But why is cash king?
We will ensure your invoices and expenses are captured and processed, and your bank statements are reconciled.
Any business needs bookkeeping to accurately track money coming in and going out, manage cash flow, and create year-end tax returns.
Balancing your books each month to prevent problems with stock, suppliers, and even taxes.
We can set you up with Xero accounting software so you can record your finances accurately and have a better understanding of how your business is operating.
Splitting the process into 3 elements
Bills - These days bills from suppliers are often sent by email - we become “finance@yourdomain.com” for your business and serve as a front-line for these bills.
Sales - Sales raising is often best performed by the salesperson or an app-enabled integration. Therefore we show you how to create these and send them at your leisure - but sometimes there can be so many that it’s not the best use of your time. This is where we take a further step and create the sales from a controlled data set for you.
Banking - Banking is the 3rd part of our bookkeeping triangle. Once we have sales and bills in the system, it’s important we allocate actual bank transactions to the bills and invoices. Ensuring that there are no gaps in your records and keep you confident in your own compliance.
Speak to one of our accounting heroes today!
Contact us nowOur team has extensive experience with the industry's leading software for online accounting including Xero and Quickbooks. We know how to get the most out of all bookkeeping softwares, streamlining the process, improving productivity, and gaining an understanding of your business.
Finance Box covers all variations and combinations of the above based on the specific needs of your business - whether that be daily updates or just once a month.
You’ve probably heard the phrase “cash is king”. But why is cash king?
We can interpret and advise on your accounts for you, which goes beyond numbers - we can partner with you as your business grows.
We’ll make sure your employees are paid correctly and on time, whilst keeping up to date with HMRC deadlines and payroll legislation.
In this blog, we’ll walk you through the basics of a Chart of Accounts, best practices for its setup, and how it can benefit your business.
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