01.
Cashbook & General Ledger
02.
Payables
03.
Receivables
04.
1099 Payroll
05.
Financial Reporting
-
Correct accrual and deferral of relevant items
-
Revenue recognition for advanced payments
-
Reconciliation of company bank accounts and documented investigation of any variances
-
Ensuring correct treatment of any financing, directors’ loans and prepayments
-
Completing statutory returns promptly and accurately, in conjunction with stat accountants where necessary:
-
Ensuring Annual Validations are completed on time and accurately
-
Receive and record all payable invoices
-
Reconcile all supplier statements
-
Calculation and distribution of charging revenue / profit share
-
Process Director expense and/or credit card claims
-
Provide payment runs to the Directors for execution
-
Distribute supplier remittance advices
-
Other adjacent AP duties
-
Reconciliation of deposits and inward payments
-
Reconciliation of cash banking
-
Reconciliation of card merchant accounts
-
Investigation of Variances
-
Other adjacent AR duties
-
Processing payroll for current and future employees including the Directors
-
Ensuring all employee records e.g. tax codings etc are kept up to date
-
Administration relating to employee contracts (but not the drafting or issuance of said contracts)
-
Timely reporting on metrics agreed by the Directors
-
Production of monthly management accounts and reports
-
Maintenance of cashflow forecast (ongoing) and alerting directors to any forthcoming requirements
-
Correct closure of monthly accounting records
-
Preparation of annual accounts to trial balance
-
Preparation and submission of company accounts (additional fee applies)
Clean Up Plan 1
Revenue under $500 k &
Bookkeeping Plan 1 Limits
Each Year $1900
Clean Up Plan 2
Revenue under $1.5 mil &
Bookkeeping Plan 2 Limits
Each Year $2500
Clean Up Plan 3
Revenue under $3 mil &
Bookkeeping Plan 3 Limits
Each Year $3000
Clean Up Plan 4
No Revenue limit &
Bookkeeping Plan 4 Limits
Each Year $5000