Accounting
A tailored service to drive your business forward.
Of prime importance to our clients is our ability to provide a bespoke outsourcing service to enable them to manage their business efficiently and successfully. We are able to tailor our services to your needs, not only for book-keeping but to include any of our other services. Here are a few examples of packages:
- Option 1: a basic book-keeping service to ensure statutory compliance - entering sales, purchase and banking accounting information into your preferred accounting system, filing all statutory VAT and tax returns, and reporting to you on a monthly, quarterly or annual basis in your chosen format. We usually keep all documents in our office for safe keeping and we can scan every document depending on your requirements.
- Option 2: this is an enhanced service, adding much more communication with you, your staff, your customers and your suppliers. We can manage your cash flow daily, perform credit control and payment processing functions, and provide HR support.
- Option 3: a full outsourced back office, this will provide you with a dedicated telephone line (can be your main line or your accounts department), receiving all (or just your accounting) post and distributing as required, HR services in recruiting, training and managing your team, legal advice on sales and employment contracts, and attendance at your board meetings. We will very much be part of your company. For example, you would add specific members of our team into your email system.
Whatever your choice of services, you can trust F2O to deliver.
What we do
- Sales ledger processing and credit control
- VAT reconciliations and cash accounting
- Nominal ledger journals and balance sheet reconciliations
- Expenses management
- Payroll journals
- Revenue recognition
- Bank and petty cash reconciliations
- Purchase ledger processing, statement reconciliation
- Company and personal tax returns
- Asset management
- Accruals and Prepayments
- Company Secretarial services
Cash is King
In periods of growth and contraction, businesses need to carefully manage their cashflow. Accurate forecasting, and using schemes such as VAT cash accounting or flat rate schemes, and planning schedules with HMRC or larger creditors are essential. We have over 25 years of experience and access to financial support for your business to help you through the tough times.
Reporting
Productive management reports are vital to support your business control and future planning. What reports do you really need and are they relevant to your situation? What should be the budget cycle? How many months/years can we accurately forecast and what should we do if we achieve the targets we set? Or don’t achieve them? F2O can help your targeted budget forecasting and reporting.
Cost Centres
Do you know how much the departments of your company are costing you? Do you know how much revenue they develop? Do you cost jobs individually? All these detailed analysis can be done at the touch of a button when data is entered and split correctly across categories. F2O can do this, tailored completely for you!
Three Simple Steps
Get in Touch
Call us on +44 (0)1628 601671 or email us on freeme@f2ol.co.uk to arrange a free consultation
Meet the Team
Meet with the team dedicated to provide you with the services to outsource your chosen services
Leave it to Us
Your bookkeeping burdens will slip away to F2O, leaving you to focus on your business“They’re very efficient, extremely helpful and friendly… we feel like they are part of our team”
Janine Boyce, CLD Digital Agency
