A business’s internal financial management can range from basic bookkeeping through to an entire finance team headed by a financial director or financial controller.
At Figurate Ltd, we can help with all of the following:
- Bookkeeping (basic recording of historic transactions)
- Virtual Finance Department
- Management Accounting/Management Information
- Financial Controller/Financial Director
Figurate Ltd offers a remote/off-site bookkeeping service, although we can come to your premises initially. If you are in Northampton, Milton Keynes, Bedford, Kettering, Wellingborough and surrounding areas we can even arrange personal collection of your papers.
You can also drop your papers into us, pop them in the post, or send them electronically them to us – whichever is more convenient for you.
We use a variety of bookkeeping and accounting packages and can recommend one to suit your business and circumstances. As well as the well-known ones, such as Sage, Quickbooks and Tas, we can work with your chosen preference. We are independent and not tied in any way to a particular accounting package or software company.
We can even do your bookkeeping manually, if that’s your preference.
We can take care of any or all aspects of the following:
- Purchase Ledger/Accounts Payable
- Payment Runs
- Sales Ledger/Sales Invoicing/Accounts Receivable
- Credit Control
- Bank Reconciliation
- VAT and VAT Returns
If none of the above mean anything to you, we will be happy to explain it all to you, so you can make an informed decision.
All of this can be done on a “pick and choose” basis or we can do all of the required bookkeeping for you and we can even act as your virtual finance department.
Is Your Bookkeeping in a Mess or Totally Non-Existent?
Don’t worry, we can also do “remedial bookkeeping” to sort out errors, backlogs and general piles of invoices, receipts and bank stuff that you might have just thrown in a shoebox. We can get it all back on track and up to date. We’ll even file it nicely for you.
Bookkeeping Health Checks
We can review your existing bookkeeping procedures and systems and make helpful suggestions for improvements, if necessary.
Virtual Accounts/Finance Department
Sometimes, it’s important to project the right image to your customers and suppliers. Being able to refer people to your very own accounts department helps with that image. It also means that you don’t have to worry over the details – you just know it’s being taken care of.
If you need a complete accounts/finance department at your finger tips, Figurate Ltd can act as your complete outsourced finance department: from bookkeeping to management accounts to finance director services. It can also include the production of year-end accounts and tax returns. It’s entirely your choice, we’ll work with whatever suits your requirements.
We will liaise directly with your customers, clients and suppliers as required – and as if we were part of your organisation, if that is your preference.
We can even take phonecalls and email in your own business name, so your contacts won’t even realise.
We can also work with or around your existing systems and providers.
You can also call on us, if you have any queries at all regarding your accounts, just as you would if we were an internal finance department.
Figurate Ltd can compile regular management accounts from your bookkeeping records on a monthly or quarterly basis to suit your business or organisation.
If required, we can also use information and data brought in from your other systems and records, to help you see your overall performance in one place.
Unlike statutory accounts, there is no set format for management accounts. You can choose which information is useful to you and the layout that you find easy to follow. We will endeavour to make it happen and at timescales that fit with your business.
Obviously, good management accounts rely on good bookkeeping. If your bookkeeping is bad, any management accounts will be meaningless! If you suspect that your bookkeeping could be better, or there are holes in your systems, then contact us. We can help.