BookCheck provides an integrated Bookkeeping with Management Accounts service that helps businesses boost profitability.
Other firms offer book-keeping or management accounts – but at BookCheck we provide book-keeping with management accounts, together. Not only that but we guarantee that your management accounts will always have been both thoroughly checked and issued personally by a qualified accountant. It’s quality management information which differentiates us from the crowd. Clients choose us to solve problems – that’s our focus in delivering reliable data and professional insight. Just what your business needs.
How BookCheck Works
Clients normally handle the whole of the Sales Ledger, we input purchase ledger and all other transactions into Xero or Sage. We will go on to provide you with analysis and insightful reporting – information you can understand and act upon to boost your profitibility. At the year end we supply a clean set of draft accounts, together with notes and reconciliations, directly to your accountant.
Working within your business
*Sales Ledger items are usually handled by clients themselves but BookCheck can carry out these functions if required.
Quality management accounts information is crucial in maximising your profitability. Our unique world leading BAR - BookCheck Advanced Reporting helps our clients make strategic and well-informed decisions about where to take their business. For example, you may focus on under-performing product lines, boosting margins or decreasing overheads. Our speciality is splitting a business into separate profit centres, such as by type, contract or product.
If you can measure it you can Improve it, is our motto. With clear information on margins, comparative performance, cost analysis and other KPIs, you can discover how best to boost your profitability. As a £3M client said “Now we have quality MI we can make proper management decisions” – it’s simple really.
Our tailored management accounts service
BookCheck’s 8 qualified accountants produce client-specific management accounts. We work in the cloud or onsite at your premises.
Our objective is to show our clients how to understand and effectively use Management Accounts information to increase profitability and boost the value of the business.
Management Accounting reports contain the following information:
- Monthly profit and loss with balance sheet
- Gross margin - split any way that is valuable
- Graphs and charts or numbers or both
- Budgets reporting with variances
- Comparison with previous years
- Draft year end accounts for your accountants
You will have your own accountant and BookCheck will work closely with them in your interests. Our role is to supply a clean set of draft year-end accounts, together with reconciliations and notes – ensuring your accountant is working with reliable data. We can also provide accounts during the year, to assist with tax planning or business monitoring.