Bookkeeping and Financial Accounting

Bookkeeping is an integral part of any business and is essential to have someone do it for you, which may enable you to get on with the proper running of the business and maximising your profits.

Outsourcing over the years has proved to be an efficient and cost effective way of running the accounts for many businesses. Our bookkeeping services take away the high cost of overheads and employment burdens. It is essential to know your financial position in your business so as to make crucial plans and decisions. And our service can make available to you the information to ensure that you know exactly what you are doing. We also give invaluable advice on the position of the business as required.

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What we cover

Bookkeeping

  • Accounts Payable
  • Accounts Receivable
  • Full Balance sheet reconciliation
  • Bank Reconciliation
  • Credit Card Reconciliation
  • Staff Expenses Claims
  • Staff Travel expenses reconciliation
  • Trial Balance
  • Nominal Ledger
  • VAT Returns and reconciliation
  • Stock reconciliation
  • Petty Cash reconciliation
  • Invoicing
  • Gift Aid claims
  • Donations database maintenance

Financial System Implementation

  • Advice on selection of accounting software
  • Setting your COA
  • Migrating your old data
  • Setting your budgeting systems
  • Creating management reporting templates
  • Creation of training manual

Statutory Accounts and Returns

  • Preparing Income and Expenditure
  • Preparing Profit and Loss Account
  • SORP 2005
  • Companies house annual return
  • Small Companies Annual Accounts
  • Filing Self Assessment
  • P32, P35, P11D, P60, SMP, SSP etc
  • VAT Return

Financial Accounting

  • providing and interpreting financial information;
  • monitoring and interpreting cash flows and predicting future trends;
  • analysing change and advising accordingly;
  • developing financial management mechanisms that minimise financial risk;
  • conducting reviews and evaluations for cost-reduction opportunities;
  • managing a company's financial accounting, monitoring and reporting systems;
  • liaising with auditors to ensure annual monitoring is carried out;
  • producing accurate financial reports to specific deadlines;
  • managing budgets;
  • financial modelling;

Why not contact Kechkay Consulting as we can assist in resolving all your financial function at a very minimum costs.

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