Keeping on Top of the Finances

Bookkeeping needs to be taken seriously - it is the foundation-stone on which accurate monthly management accounts and reports are built.

We believe that it's essential to have an efficient bookkeeping system so you can quickly get your hands on the information you need to run your business and make the right decisions. Good bookkeeping is core.

Outsourcing these important everyday tasks to Crossmount could save you money, and relieve you of having to recruit and retain staff. You will also have the reassurance of knowing you are in expert and experienced hands.

Bookkeeping

Every business and organisation needs to keep on top of its bookkeeping in order to collect customer debts, pay suppliers and staff, monitor overheads and profit margins, control the cash flow, produce accounts and comply with tax regulations.

We will either process all your data off-site on our own Sage accounting software, or we collaborate with you online using shared software over the internet.

In most cases our clients issue the sales invoices, whilst we enter the data and carry out all the other accounting tasks such as chasing customers for payment, raising supplier cheques for approval and carrying out bank reconciliations.

Management Accounts and Reports

We believe that accurate and meaningful monthly management accounts and reports are vital if a business is to keep on top of its finances and ensure that it is trading profitably.

Usually, we will provide a package of month by month profit and loss accounts, balance sheets, cash flow forecasts, aged debtors and creditors, breakeven analysis, customer sales analysis and forecasts for the remainder of the accounting year.

We will also take great pains to tailor our reports to your business and will happily explain them to you in detail.

Annual Accounts & Company Secretarial

Final accounts preparation is an important part of our service and an obvious extension of our normal role as everyday bookkeepers and management accountants. Once approved by the directors or partners, we would submit the accounts to Companies House and HM Revenue, along with the appropriate tax returns.

We also have extensive experience in company formation, compliance and administration and can provide a valuable company secretarial service.