Accounts Preparation & Completion Accounting Service
What is Accounts Preparation & Completion?
Business owners need to ensure that all of their businesses accounts are prepared and completed correctly to meet a variation of important deadlines.
Accounts Preparation & Completion for Businesses
Accounts preparation and completion is a simple, yet tedious task for a business. All tax returns of a company must be completed and carried out by the end of your company’s tax year.
The preparation process must also clearly state accurate information in regards to your accounts. The types of accounts you must keep are income and expenditure records, unsold stock/uncompleted work, fixed assets, profit/loss, staff payroll, your companies liabilities. You must include proof of these accounts records which will include receipts of all purchases, cheque books, bank statements and other appropriate information.
Once collated together, everything will then be passed on to the HMRC and Companies House and Companies House. You must meet a range of legal requirements which includes the submission of your corporation tax return records and your businesses statutory accounts. Failing to do so could result in a report being filed to SOCA, who will investigate your accounts further without warning.
How will an Accounts Preparation & Completion service benefit me?
Our business service department have worked alongside a variety of small, medium and large businesses. Covering sole traders, partnerships limited liability partnerships and limited companies. As there is an ever increasing amount of ongoing compliance regarding businesses which makes, the use of sage is even more important.
We will provide you with initial accounting advice on how to set up the accounting records that have been tailored to your needs. This may be handwritten books, spreadsheets or sage depending on your size/type of business.
Not only do we produce the accounts without explanation, we also compare and question them with you in detail so that you have a more thorough understanding of them and your business. This gives you the client a better way of planning to improve your business by knowing what your business accounts actually mean.
What our Accounts Preparation & Completion service includes:
It’s important that all the information that is needed for the HMRC and Companies House is included in your accounts, we’ll go through your business requirements and put a plan in place to ensure that everything runs smoothly and is completed on time. Our accounts preparation & completion duties include:
We can help your business with its Accounts Preparation & Completion
Our team are here to support you and your business with the aim of preparing and completing your accounts in time to submit to the HMRC and Companies House.
At H&H Accountants we offer a variety of accounting services that are made to support you and your business every step of the way. Get in touch today for more information.
