Online Accounting Services

Introducing our unique virtual accounts department

A premium online accounting service that will cut your costs by up to 70%..... See what we do

  • Online accounts software with unlimited access
  • Designated accountant
  • 48 hour turnaround on receipt of paperwork, records or templates
  • Accounts preparation
  • Bookkeeping
  • Payroll processing
  • VAT, PAYE, SA & Corporation tax returns
  • Straightforward records submission - Either by prepaid post, email or using our simple digital templates
  • Deadline management
  • Document management
  • Company formations
  • Tax planning
  • HMRC dealings for all accounting matters
  • Monthly management meetings to discuss the numbers and make recommendations
  • Unlimited help and advice

4 Easy Steps For A 1st Class Online Accounting Experience

1 - We Design your Solution

We engage closely with your managers to gather all the information necessary to design and Implement a tailored online accounting solution 

2 - We Setup your Service

Our team sets up your service based on the design specification and then handles the accountant transfer and HMRC registration process

3 - We Establish the Best Document Handling Strategy

Document submission, returns and archiving strategy is established and documented

4 - Users Trained and Your All Set For Go Live

We train your users to use our online system and implement procedural templates to streamline your accounts function

1 - We Design Your Solution

Solution Requirements Gathering and Package Design

We adopt a structured best practice approach when delivering a client solution that consists of discreet phases for :

  • Free business review & requirements gathering
  • New system setup and configuration (Including chart of accounts creation)
  • Import details into new system for customers, suppliers, products
  • Migration of client data Into new system
  • User training for clients

The business review and requirements scoping exercise will define the level of service and system functionality that the business requires however, the following standard services / functionality can be considered as a typical base package with sector specific additional and optional services / functionality outlined thereafter.

Package Types

Standard General Business - Base Package

  • Software subscription included
  • Core accounting functionality - Sales & Purchase Ledger / Bank & Cash Management / General Ledger Journals / Fixed Assets / Prepayments
  • Core financial, customer & supplier reporting
  • Accounting Transactional Processing - Customer & Supplier Invoices / Bank Payments / Expenses / Prepayments & Accruals / Fixed Asset additions & depreciation
  • Payroll processing
  • VAT management
  • Management Accounts (Quarterly / Monthly / Half yearly / Annually)
  • Statutory return calculations
  • Statutory return submissions - VAT / Corporation Tax / PAYE / Self assessment / Annual Accounts / Confirmation Statement
  • User training
  • Email & Phone support

Optional Services & Functionality

  • Project accounting functionality and processing
  • Stock / Inventory functionality and processing
  • Document management and archiving services
  • Credit control services
  • Bank feeds
  • Bespoke reporting & enhanced dashboard design services
  • Monthly / Quarterly review meetings

Additional Services & Functionality for Specialised Business Sectors

Legal / Law Firms

  • Fully compliant with SAR (Solicitors accounts rules) legislation
  • Client account ledgers and client money accounting and reporting
  • Controlled trust money accounting
  • Office money accounting
  • Solicitors costs, fees, disbursements and VAT
  • Accountants report production and submission

Motor Trade

  • Fully compliant with VAT margin and qualification legislation
  • Dealer accounting and reporting
  • Profit/Loss per trade
  • Current & ex stock handling

2 - We Setup Your Service

Following our free business review and requirements gathering exercise we complete the following setup activities 

Online Accounts System Setup

The specified online accounts system is setup, configured and deployed based on the specification defined from the requirements gathering exercise 

Accountant Transfer

We contact your old accountant and obtain accounts closing balances and history of prior HMRC / Companies House submissions

HMRC Agent Registrations

We contact HMRC and register as your new agents for Corporation Tax, VAT, PAYE and Self Assessment

Reporting Package Setup

Reporting specifications defined from the requirements gathering exercise are setup and deployed in a tailored reporting package

3 - We Establish the Best Document Handling Strategy

Easy Document Submission Procedure

Simply scan / email or post us your paperwork & documents at the end of the agreed period and we will process the paperwork and update the accounts and reports in line with the agreed timeline.

If you have opted for the document management service, we will scan all documents and allocate to the online accounts transactions and archive in our secure storage facility

4 - Users Trained and Your All Set For Go Live

Online Accounts System User Training

We provide full training to all users registered to use our online accounts system and provide documented user guides

Procedural Template Implementation

We implement a range of procedural templates that integrate with our online accounts system and streamline the accounting function

Now Your All Ready For Go Live and Account Operations

The online accounts system is deployed and configured, users are trained and the document submission procedures have been established.......... You can now experience the 1st class accounting service that we provide.