Our award winning online accounting solution enables YOUR business to benefit from a 24/7, 365 days a year, secure accounting system that you can access from anywhere in the world via Internet connection. Management information and reports are returned to you when you enter your accounting data, via our secure communication services. This valuable information enables you to make better informed business decisions and frees up your time to focus on building your profits.
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Whatever the size of your company or enterprise you can take advantage of all the benefits of online accounting whilst at the same time tailoring your specific requirements by selecting the online services that best suit your own individual needs. The essence of our online accounting service is that the daily front line accounting routines are separated out from the higher skilled elements of the full accounting process. The former are carried out by you the client and the later by ourselves as qualified accountants.
Value Added Tax (Vat) is a relatively new tax compared with the raft of other taxes faced by the average business in the UK or overseas. Unlike the various forms of income tax or corporation tax which have been around for many centuries and have some settled principles Vat is a modern tax underpinned by modern thought processes.
Employer Alignment Submission - This is a one off process to provide HMRC with a snapshot of who is or has been employed by your company in the current tax year. HMRC will use this data to match, align and correct records held for your employees in their systems. Full Payment Submissions (FPS) - Employers and Pensions Providers Need to tell HMRC about Tax, National Insurance contributions and other deductions on or before pay day.
For a marginal increase in the monthly service fee accounting data from multiple locations can be incorporated into the monthly accounts. This assumes that the structure and processing protocols at each location are identical. We produce a consolidated profit & loss account and balance sheet to include activity at all locations.
Dealing in foreign currency is not a new concept for most of us. If we are going on holiday from the UK to almost any other area of the world we go down to the bank to buy the currency of the location we are travelling to in order to be able to purchase goods and services in the foreign state. We do not really have to make a decision on whether to buy the particular currency based on its current value against the sterling we need it and if sterling has risen or fallen since we last looked at the particular exchange rate it does not effect us that dramatically, we are still going to take that vacation.
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