Financial Management and Accounting

Budgeting / Forecasting
Year end and Audit preparation
Internal and External Reporting
Accounting Services
VAT, Corporation Tax and PAYE
KYC, Credit Control and Debt recovery
Supplier Review and Payment management
Regulatory analysis and reporting

Case Study - SME and Startups

Client is a an SME startup looking to set up a full service of Accounting and Financial Management service.

How we help:

Review the client's business operations and reporting requirements.
Create a sample model of expected transactions and how these would translate into the required reporting .
Shortlist and select suitable accounting package.
Manage the accounting service which includes:
- Generating Sales invoices
- Recording purchases and costs
- Processing receipts and payments
- Customer credit review and debt collections
- Bank Reconciliation
- VAT - registering for VAT, filing returns, handling VAT queries
- Payroll / PAYE - Registration for PAYE, Pensions, processing payroll, handling PAYE and Pensions queries.
Produce monthly / quarterly financial reports, with forecasts and cashflow projections
Prepare year end schedules for audit and corporation tax.
Support management with ad-hoc financial, accounting and corporate and HR issues:
- Corporate structuring
- Raising new capital and loans
- HR compliance
- Drafting terms for contracts
- Company Secretarial - Managing Statutory books, filing with companies house
- Office location and rental agreements
- Business Insurance - D&O, Office, Product, Public Liability, Employers liability

Case Study - Managing Outsourced Accounting Service

Client has outsourced their accounting services. They are looking support with oversight of these services and to produce management and year end reports.

How we helped

Understand the relationship and the lines of responsibilities between client and service provider.
Review the data / document provision to the the service company.
Identify and resolve any issues in the information / data flow and timely management of the accounting records.
Secure access to the records and reports to assess progress of managing the accounting records
Create a continual review process.

Contact

How can we help you?

We can support you onsite or offsite. Get in touch to discuss your requirements and a free initial consultation.

email: info@eccovision.com

Tel: 0333 33 99 101

All communication with us are treated in confidence.

We are based in London, UK. Our current clients are located in London, Midlands and East England.