Archive for April, 2013

Have you totted up how much you pay your Accountant lately?

April 25, 2013

At CBCS, we recognise that many small and medium sized businesses pay too much for their year end and day to day accounting. Frequently the process is unnecessarily complicated and drawn out over many weeks as your accountants carry out their checks and balances and their in-depth final analysis of your accounts. Much of this is not needed and this means your charges are probably considerably greater than they should be.

Of course, as small and medium sized companies can usually file abbreviated accounts at Companies House, there is no need for an audit. Your accounts can be prepared directly from your accounting records, saving a considerable number of accounting man hours and saving you a small fortune.


CBCS offer a range of Financial Management, Accounting and Bookkeeping services designed to make life easier for you. We can deliver your accounts quickly and accurately to prescribed deadlines and for a fraction of the price that you may pay an established high street accounting practice.

Our standard Bookkeeping and Year End Accounting service is a case in point. This is suitable for small Ltd companies; who need their year end processing and verification that their records are being administered correctly.  In addition this package offers the development of templates to assist the small business owner with their basic monthly accounting requirements, together with assistance in preparing cash-flow forecasts, bank reconciliation, tax calculations for year end and PAYE and the generation of standard reports from your accounting software. We can also assist you with your payroll day to day and year end obligations.

This package is designed to help you at year end and throughout the year. It provides a basic but complete service in addition to your year end requirements.  The total cost and hours to be billed are agreed in advance and are usually in the range £500 to £1,500 per year. These modest costs are designed to save you money… You do not need to spend thousand of pounds on your year end accounting.

A Personal Note:

As a former Financial Controller of a large UK franchisor, I have seen first hand how difficult it is for franchisees and licensees to look after their finances whilst trying to grow their businesses within their specified areas.

I started CBCS, 3 years ago and have continued to work in the SME and franchise industry ever since. I have helped many businesses bring their finances back to good order, be it by assisting with cash-flow management, helping them with their year end accounts, or helping them to prepare their finances for a funding presentation etc…

Full details of all of our services are on our websites:

http://www.cbcservices.org.

http://promptcash.co.uk

 

 


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