The Accounts Department
When organisations outsource financial and accounting services to The Accounts Department they enjoy considerable benefits. As well as reducing operating costs, it allows them to take advantage of economies of scale, gives them access to high levels of external expertise, and ensures best practice and adherence to the latest rules and regulations.
The benefits of outsourcing
We increase the amount of control you have over your business. We work alongside you and keep you informed about your business as it progresses on a daily/weekly/monthly basis. There is no need to wait until the year end to discover the financial health of your business.
Whatever the size or nature of your business, we have helped many businesses to:
- increase the profitability of their business
- reduce their financial administration
- spend a greater proportion of their management time on productive work; we produce individual procedure notes to capture complex tasks and manage the system for you
- ensure that all key business decisions are taken with the benefit of sound and timely, financial information
- enable them to benefit from the additional functionality provided by the latest accounting software and hardware. We dont just offer off the shelf solutions
- ensure that their financial function actually adds value to the business
Levels of Service
Whether you need the skills of a Finance Director, an entire Finance Department or just help with the bookkeeping and payroll, we can help you..
This is always a bespoke service and is always tailored to your exact requirements; no two businesses are the same.
We have the capacity to offer a complete solution where we can act as your whole accounts department or we can offer the individual components from the complete range of services. These include:
Purchase order and invoice handling Suppliers can be asked to send invoices directly to us or you can pass them to us in batches on a regular basis.
Purchase payments We can generate remittances showing who and how much to pay based on your criteria.
Sales order and invoice processing We will produce and send sales invoices on your behalf alternatively as you produce an invoice you can fax, mail or e-mail us a copy and we can handle it from that point on.
Credit control Our experienced team can chase payments and handle queries.
Payment receipts Customers can be asked to submit payments directly to us, which can be banked with all the major high street banks on a daily basis. We can even take Credit Card payments.
All reconciliations of suppliers and bank accounts will be done as required.
We commonly use the following accounts software: Microsoft, Great Plains, Access Accounts, Exchequer, Sage and Quickbooks. We look very carefully at how the software will be deployed and put your business needs first. We can take on existing software or introduce new software when the time is right for you.
Payroll: a comprehensive and confidential service which includes advice and administration of PAYE, NI, GAYE, SAYE, SSP, SMP payments, court orders, pension contributions, bonuses, and incentive schemes; year-end returns and forms including P11Ds, P14s and P35s; direct salary payments, payslips, payments by cash or cheque. We are an accredited BACS user and can pay both staff and suppliers.
VAT returns: either as part of our book-keeping package or as a stand-alone service. We can also advise on VAT planning opportunities (including partial exemption calculations and special methods) and potential pitfalls to avoid.
Back office support: acting for overseas owners, providing a full 'back office' function, in effect taking the place of their local on-the-spot accounts department.
How we deliver your service
Whether we deliver on-site, off-site, on-line or a mixture of the three, we tailor our solution to your exact business needs and personal preferences.
On-site
Whilst it is not necessary to do everything on-site, there is no substitute for meeting and discussing matters face to face.
Off-site
Where work is conducted at our offices, you can benefit from the additional cost savings that we can achieve within our central finance department.
On-line
We have developed bespoke pricing and cost centre reporting solutions for the benefit of individual clients, which are both highly efficient and robust.
We look for efficient solutions as electronic transfer of information provides greater integrity and in turn offers competitive and long term benefits to out clients.
We also have the peace of mind, within the Crossley Group, of having technical support from our own computer services company, with permanent highly qualified technical staff available both on a planned and ad-hoc basis.
