Management Accounts

Our work includes:

• Monthly/Quarterly Profit & Loss and Balance Sheet reports.
• BAR - BookCheck Advanced Reporting
• Budgets reporting with variances
• Comparison with Previous Year reporting
• Draft year end accounts for your accountants
• Year End opening balance adjustments

We tailor Sage to your specific Management Accounts requirements. The objective is that you both understand and use your accounts to increase profitability and boost the value of your business.

We report way beyond the restrictions of Sage by using our own BAR - BookCheck Advanced Reporting. This allow a totally flexible way of reporting in Excel, including multi year comparisons, percentages, margins, breakdown of overheads, colour, graphs, pie charts, Key Performance Indicators etc. all with live links to Sage and no rekeying of data.

What sets us apart from other bookkeepers is that we Guarantee that one of our five qualified accountants both thoroughly checks and is personally responsible for every single set of Management Accounts we produce. The reason is simple - it's too much to expect even our very experienced bookkeepers to be responsible for the constant integrity of what we report - it's not always that easy. In fact in many instances it's approaching difficult, especially with inherited rubbish.

This thorough checking is detailed - for instance, the Bank Reconciliation is examined together with a long list of other items. This includes Accruals & Prepayments, Wages, Factoring, Invoice Discounting, PAYE, Suspense accounts, in addition to specific points raised by the bookkeeper. Our related Sage HealthCheck will give you a flavour of what we examine.