As of 1st January 2012, we are already processing over 400 VAT returns every month for a variety of clients in different business sectors using Point of Sale, Direct Calculation, Apportionment, Flat Rate, Partial Exemption and Annual Schemes.
For those whose sales include both standard and zero-rated goods and services, we strongly recommend the Direct Calculation method if EPOS is not available for whilst it takes us more time to process the VAT return, the business client actually will pay the correct and lower VAT than the business client would have using the quicker Apportion method.
In brief, we will recommend always the correct VAT scheme whereby it is of benefit to the business and yet approved 100% by HM.
Provided we got your paperwork by 25th of the month; we will process your VAT return before the deadline, giving you our full calculation-working sheet with the Box 1-9 figures.
We will also file your VAT return online which is now mandatory requirement.
We are happy to do a full Bank Reconciliation at the same time as we process the necessary documentation for the VAT return.
Book Keeping
Sales Invoicing
:
As per orders taken; checked with delivery notes for verification.
Purchase Invoices
:
As per order placed; checked with delivery notes for verification.
Sales Ledger
:
All receipts allocated to individual client accounts.
Purchase Ledger
:
All payments allocated to individual supplier accounts.
Credit Control
:
By both reminder letters and statements and by phone calls.
Bank Reconciliation
:
In addition, we will give projection of cash flow over next 3 months.
Nominal Expenses
:
In addition, projection of whether you are within budget.
Cheques issued
:
We can write these and attach to wage slips & supplier payments.
We are happy to work by (RDP) Remote Desktop Protocol or Cloud based system to update your bookkeeping records.
