Many small company’s find keeping their accounts records up to date a difficult process often due to lack of time, which can often hinder them at times when they need to know how their business is performing.
Cameron, Ferriby & Co can assist with your book-keeping and management accounts requirements as follows:
- Preparing Monthly, quarterly or half yearly management accounts which are often useful for businesses not only to show them how the business has progressed throughout the year but will also give an idea of cash flows, working capital requirements as well as assisting lenders in continuing to provide funding. We are aware more lenders/creditors are asking for recent management information.
- Having your book-keeping completed on a monthly or quarterly basis (usually to coincide with VAT returns) can help a business to see where it can reduce its overheads and increase its profit margins as well as help it correctly see which areas/products are bringing it the most revenue. Having these accounts prepared professionally each month or quarter ensures all the information you are relying on to make decisions is accurate and independently prepared.