International Business

Outsourcing your General Accounting Requirements

Whilst the outsourcing of some or all the tasks an internal accounts department is called upon to perform via an outside party is fairly common in the US and Europe, it is less common in the UK. We understand this and we will therefore scale our service to you dependant upon your needs and confidence in outsourcing.

Within our outsourcing services we typically undertake any or all of the following activities:

Payroll

Including processing of the payroll; supplying employee payslips; summary and detailed breakdowns of costs by department and company; payments by credit transfer; dealing with leavers and joiners; completion of end of payroll year and annual forms P35, P14 and P60 and a payroll hot line to field employee queries.

Preparation of Regular Management Accounts

We can prepare monthly or quarterly management accounts to suit your needs, style, format and presentation in £ sterling, $ US or € Euros; full balance sheet analysis; bank account reconciliation's; future cash forecasting and accounts emailed or posted to you with key statistics and business data.

Cash Control and Management

We can raise invoices to customers, undertake credit control and the collection of difficult debts; organise payments to suppliers and the authorities; obtain finance for new fixed assets or refinance existing ones; prepare cash flow forecasts and source bank loans or debt financing.

Parent Company Reporting

If you are owned by a demanding parent company we can also prepare monthly or quarterly reports in their formats; expense analysis by department; variance analysis as required and electronic data export in the required format for their consolidation purposes.