Our accountants will ensure you have complete control of your business finances.
Designated Accountancy Services
Do you wish you had answers to questions like these?
- How much tax will I need to pay next year?
- How much profit did we make last month?
- What do you mean by Tax Digital?
- Am I managing payroll in the most effective way?
If so, then our Accountancy services may be your solution. Read about all our services in our Accountancy brochure.
All business owners want to have complete control of their business finances and have an up to date view of their financial performance. Our team of Designated accountants are experts who work with you on a flexible basis, whether you need support one day a month, one day each week or more. Designated is a Xero Bronze Partner and our finance team are Xero certified advisors, trained by Xero to deliver you the best financial support.
Currently your PA may be managing your expenses and payments to suppliers on your behalf and your accountant prepares your end of year tax return. However, from month to month the management information you have access to may feel lacking and you need to fill that gap to enable you to feel in control and make business decisions throughout the year.
A professional accountant, handling all of your bookkeeping work in a timely manner and producing monthly management reports for you, will give you the management information you need and will also liaise with your accountant to ensure that preparing your end of year accounts is a painless process for you. It may well save you money too as the information will be simple for your accountant to process.
We believe that a good accountant is needed throughout the year and not just at year end to prepare your annual accounts and self-assessment. Your dedicated Designated accountant will do this and so much more.
Your bookkeeping will be kept up to date on a weekly basis, ensuring your suppliers are paid on time and all items of expenditure, including your travel and expense receipts are collated and included. This will be provided by a qualified bookkeeper with responsibility for managing the transactional financial activities monthly. Guided by your Designated accountant to ensure quality delivery of service in line with your strategic goals.
Monthly Management Reports
Your Designated accountant will provide you with monthly management accounts that allow you to review the success of your business throughout the year. We believe that keeping a firm grip on your finances regularly allows you to measure your success and therefore enhance your business. It will also save you time and money at year end when it is time to prepare your accounts.
As your business grows and you build your team, your accountant will assist with setting up and managing your payroll for you, organsing your PAYE, NI and pension responsibilities on your behalf.
Your Designated accountant will produce your year-end accounts and produce your tax submissions in a professional and easy format. The process will be easy as all of the hard work has been done in a timely manner throughout the year.
Strategic Finance Support
Provided by an expert with proven experience as a CFO/Finance Director. Ability to offer strategic financial advice, budgeting and financial stewardship.
- Advice and guidance
Systems & Processes
The key to successful finance management is establishing good processes using the right systems. Designated Group is a Xero Bronze partner and our finance team are Xero advisor certified.
Xero is the perfect finance solution for most businesses, providing a fully integrated suite of services, for example, Xero integrates with your bank account to enable easy reconciliations.