We take care of the financial details, so your business can focus on more clients
Bookkeeping Health Check Service: One-off Fee of £199
1. Initial Consultation
- Introduction: Brief overview of the service and its benefits.
- Client Goals: Discuss specific concerns or goals the client has
regarding their bookkeeping.
2. Review of Sales Invoices
- Accuracy Check: Ensure all sales invoices are correctly recorded.
- Timeliness: Verify that invoices are issued promptly.
- Outstanding Invoices: Identify any overdue invoices and suggest follow-up actions.
3. Review of Purchase Invoices
- Verification: Check that all purchase invoices are accurately
recorded.
- Categorization: Ensure expenses are correctly categorized.
- Payment Status: Identify unpaid invoices and recommend payment strategies.
4. Banking and Bank Reconciliations
- Reconciliation: Verify that bank statements are reconciled with
bookkeeping records.
- Unreconciled Transactions: Identify and address any unreconciled
transactions.
- Bank Feed Errors: Check for and resolve any bank feed errors.
5. Automation and Integration
- Software Review: Assess current bookkeeping software and its
integration with other systems.
- Automation Opportunities: Identify areas where automation can
improve efficiency.
- Recommendations: Suggest tools or integrations to streamline
processes.
6. General Bookkeeping Practices
- Record Keeping: Review overall record-keeping practices for
completeness and accuracy.
- Compliance: Ensure compliance with relevant financial regulations.
- Efficiency: Identify inefficiencies and suggest improvements.
7. Summary and Recommendations
- Findings: Summarize key findings from the health check.
- Action Plan: Provide a detailed action plan with practical steps to
address identified issues.
- Q&A: Answer any questions the client may have.
Benefits of the Service
- Improved Efficiency: Streamlined processes save time and reduce
admin workload.
- Increased Accuracy: Reduced errors lead to better financial
management.
- Cost Savings: Avoid penalties and overpaid taxes with accurate
records.
- Enhanced Cash Flow: Better invoicing and payment practices
improve cash inflows.
This plan ensures a comprehensive review of your bookkeeping processes,
helping you identify areas for improvement and providing actionable
recommendations to enhance your financial management