Send an engagement letter and fee analysis for client’s review and approval.
Approach former accountant (if applicable) for professional clearance and request them to provide us with all historical information and records.
Client also provides us with access to their current accounting system. Obtain clients proof of ID and address.
Obtain clients proof of ID and address.
Request client to setup monthly standing order where applicable.
Step 2
Restructure accounting & bookkeeping system:
We arrange a meeting with the client to understand current accounting and bookkeeping process. Suggest necessary changes such as setup cloud accounting system.
Provide 1-2-1 training so that client becomes familiar with the new system such as issuing invoices electronically, sending purchase invoices to certain email addresses, update bank feed using bank security information etc.
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3
Step 3
Regular compliances:
We request authorisation code to obtain HMRC agency approval (VAT, PAYE, CT) to act as an agent.
We continuously check the progress of outstanding compliance matters to make sure we are up to date.
Step 4
Business strategy:
Arrange meetings to discuss the management accounts and business perfomance.
Provide Funding, Cashflow, Tax planning, R&D supplier payment services etc. based on client’s requirements.
4
How we work
Step 1
Pre-onboarding tasks:
Send an engagement letter and fee analysis for client’s review and approval.
Approach former accountant (if applicable) for professional clearance and request them to provide us with all historical information and records.
Client also provides us with access to their current accounting system. Obtain clients proof of ID and address.
Obtain clients proof of ID and address.
Request client to setup monthly standing order where applicable.
Step 2
Restructure accounting & bookkeeping system:
We arrange a meeting with the client to understand current accounting and bookkeeping process. Suggest necessary changes such as setup cloud accounting system.
Provide 1-2-1 training so that client becomes familiar with the new system such as issuing invoices electronically, sending purchase invoices to certain email addresses, update bank feed using bank security information etc.
Step 3
Regular compliances:
We request authorisation code to obtain HMRC agency approval (VAT, PAYE, CT) to act as an agent.
We continuously check the progress of outstanding compliance matters to make sure we are up to date.
Step 4
Business strategy:
Arrange meetings to discuss the management accounts and business perfomance.
Provide Funding, Cashflow, Tax planning, R&D supplier payment services etc. based on client’s requirements.
