An essential element in the management of any successful business is the quality of its record keeping and the ability to extract meaningful information from it. This can range from invoice preparation and the maintenance of sales and purchase ledgers to a full credit control service.

Companies have no legal requirement to prepare management accounts but it is hard to run a business effectively without them. They are invaluable in helping you make timely and meaningful decisions about your business. Most companies produce them regularly – e.g. monthly and/or quarterly.

At Jordans, we have a range of systems in place from which to design a service to meet the needs of your business, for example:

• Preparing and dispatching invoices
• Issuing statements to customers
• Credit control and debt collecting
• Acting as signatory on specified company bank account
• Making payments to suppliers
• Dealing with company expenses
• Organising direct debits
• Maintaining sales, purchase and nominal ledgers
• Reconciling bank statements
• Bringing records to trial balance
• Creating financial statements and management reports

We will provide a quote on a case by case basis depending level of and types of services you require.

The fee maybe given in the form of a fixed monthly or annual fee if the activity of the business takes place on a regular basis. If the work you instruct us to do is not appropriate for fixed fee charging we can bill on a time-spent basis.

Next steps

For more information on our accounting services please contact our Accounting Services team.