Our Services - BOOKKEEPIING & ACCOUNTING

Central to the orderly running of any business, regardless of size is the maintenance of proper books and records. Not only is this a legal requirement, but it is essential for a business to know it’s financial position at any point in time.

At Times Accountancy Services we can help with this very important requirement. We can bring our experience and expertise to relieve you of part or all, of this burden.

First we will sit down with you to gain an understanding of your business and what you need. We will tailor our service to suit your circumstances, but many businesses are happy to outsource the entire bookkeeping and accounting function to us. They realize that many problems are circumvented by having qualified and experienced professionals running their finance function on their behalf. We will host your records on our server and use the industry standard Sage Line 50 to keep your books and records.

Each month or quarter, depending upon your needs, we will prepare the following:

  • Profit & Loss Account
  • Balance Sheet
  • Trial Balance
  • Aged Debtors Analysis
  • Aged Creditors Analysis
  • Nominal Ledger Activity Report

The Management Accounts comprising the reports above are an invaluable and vital aid to management in running a successful business.

VAT

At the end of each month or quarter as appropriate we will prepare your VAT return, relieving you of another onerous and important task.

Annual Accounts

The preparation of a Company’s annual accounts is a legal requirement and the Directors are responsible for ensuring they are true and fair.

At Times Accountancy Services we will gladly prepare these on your behalf. If we have been preparing your management accounts on a monthly, or quarterly basis, our job is much easier and a fairly automatic process, so we can pass on substantial cost savings to you in our fees.

At Times Accountancy Services we value winning and retaining clients. Our quotes are therefore realistic and highly competitive.

Please contact us to see how we can help you with your bookkeeping and accounting needs.