Small Business Financial Management Services: IAB (International Association of Bookkeeping )
Level 3 Diploma in Small Business Financial Management
( May view upon request.)
Petty Cash Transactions :
- Please specify any particular entities and/ or layout presentations you require.
- Also, please specify whether you require preparation of petty cash invoices and credit notes £5.00 first
10 transactions and 15p per transaction thereafter.
- Restoration of imprest balance, £2.00
- Creditor/Debtor and Bank reconcilation £5.00
- Record keeping of up to 20 transactions on a spread sheet £10.00,
15p extra for each additonal transaction.
- Total Package: including all the above, £15.00, per month, £20.00 per quarter, £60.00 per year,
with 15p per transaction after the first 10 for invoices and credit notes and 15p per
transaction after the first 20 transactions on Petty Cash Book Account Record.
Costing and Pricing the Product and / or Project:
( i.e. materials, labour, all overheads, selling and distribution costs)
and what level of Profit you require.
Here, Total Costs should be farily accurate, in determining Break -Even, so you
do not result in debt, but with a Profit and ensured all costs are met. £20.00
Financial Planning and Control:
and used as a working document. £20.00
including non cash expenditure. £15.00
£35.00 for all 4
£25.00 for all 3, but excluding Business Plan, £15.00 for Budget Forecast and Monitors against Actual performance.
Managing Working Capital:
throughout trading and all costs are covered. £10.00
options, with time scale of repayment and interest payment options, hire purchases
and /or leasing arrangements so you decide what is most suitable for your business.
£10.00 to do the search.
Bear in mind although this information can be searched, prices and options may vary according
to the business sector you are in, in regard to your credit rating and sustainablity if applying for
a loan, which is why writing a Business Plan is so important and which you must have on hand,
whilst applying for any funding for your business.
Debtors take extra credit
Bad Debts increase
Receiving payments by credit card becomes to costly
Loss of Discount Received
Allowing or Disallowing of Cash and/ or Trade Discounts
Slow moving Stock
Over Stocking and Obsolete Stock
Over Trading
Low or Negative Working Capital and Cutting Costs £10.00
Processing Payments: ( as requested)
You must either, post if by cheque ( by Recorded or Special Delivery, whereupon you have proof of receipt by Royal Mail )
the payment in order for me to deposit it with my bank, or obtain my bank receiving details to make the transfer of the funds
with the receiving bank details.
- Bank Details will include the following:
Bank Name
Account Name
Bank A/C Number and Sort Code
Swift Number
Payment Reference
- In this place, the charge will be 2% to 5% commission of the amount received to be transferred.
You are liable for your own tax as I will be on the commission I receive.
Final Accounts and thier Interpretation:
Accruals
Prepayments
Depreciation
Asset Sales and Income for Capital Gains Tax
Bad Debts
Provision of Bad Debts
Stock Adjustments all in total £15.00
Profit (Loss), Trial Balance and Balance Sheet
Gross and Net Profit Results for Tax and Tax Relief
Profit and Cash in Hand
Comparison Results for Current Month and/ orYear's Budget to Previous Month and/ or
Year or to a Specified Standard Criteria £10.00
Working Capital
Profitablity- Return on Capital Employed, Net and Gross Profit Margin
Liquidity - Acid Ratio Test Results £10.00 in total for all
Self Assessment:
Calculation for Sole Traders £125.00
Partnerships £150.00
Individuals £90.00
Calculation of Capital Allowances- cars, plant and machinery and buildings
Calculate Tax payable, including PAYE and National Insurance
Complete Self Assessment Tax Return
All calculations, reports and copy of Self Assessment Return
depending if I process the Return or the Original given or sent to you.
VAT Tax Return Only:
Prepare VAT Documentation
Prepare VAT Summary
Complete Monthly £50.00
Less than 25 transactions for the month @ £20.00.
Less than 50 transactions for the month charged @ £35.00.
Quarterly £75.00
Less than 25 transactions charged @£25.00.
Less than 50 transactions charged @£40.00
Year End Return £150.00
Tax Return Only:
Small Business Annual Tax Return £125.00
Limited Company Annual Tax Return £150.00
****** Furthermore, Prices will vary according to your requirements and whether you purchase a package,
where certain entities such as Reports, Adjustments, VAT and Tax Returns are already included in
the package purchase price. ******** (Please see the Service Price List Page.)